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507 Angel Fields Rd, Franklin, NC, 28734

3beds
4baths
3,084sqft
$739,000
$240price/sqft
$4,571/moest. monthly cost
$182,840/yrincome needed

About This Home

Elevated mountain luxury awaits in the gated community of Rainbow Falls. Situated on private acreage backing to USFS land, enjoy mature landscaping, azaleas, and a tranquil pond with lily pads. Scenic decking, attached garage, carport, and detached garage complete this one-owner home at nearly 4,000 ft elevation. Custom-built Cypress D log-sided home showcases craftsmanship with SIP construction and poured concrete foundation walls, blending rustic elegance with modern finishes. Drywall interiors, Architectural Series Pella slider doors, and abundant natural light create a warm, upscale feel. The main level highlights a sunroom with peaceful forest views and a kitchen/dining combo with Corian countertops and custom cherry cabinetry, while the living room is anchored by a stunning wood-burning fireplace. Radiant in-floor heat serves as the primary source, complemented by a propane furnace and generator. Designed for flexibility, each level offers a bedroom and bath, including a spacious lofted primary suite with ensuite. The lower level features a bedroom and living space with a flex room ideal for an office or studio. Under 30 mins to BOTH Hayesville & Franklin! A must see!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

--
Hayesville Primary SchoolGrades PK-212.7 mi
4/10
Hayesville MiddleGrades 6-813.1 mi
6/10
Hayesville HighGrades 9-1213.0 mi

Construction

Condition

  • Year built: 2004

Materials

  • Roof: Metal
  • Construction materials: Log Siding,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Log,Cabin,Custom
  • Property subType: Residential,Cabin

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Gas Oven/Range,Refrigerator,Washer,Dryer,Electric Water Heater

Basement

  • Has basement: Yes
  • Basement: Full,Finished,Heated,Daylight,Exterior Entry,Interior Entry,Washer/Dryer Hook-up,Finished Bath

Bedroom2

  • Level: First

Bedroom3

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Cathedral/Vaulted Ceiling,Ceiling Fan(s),Ceramic Tile Bath,Soaking Tub,Kitchen/Dining Room,Large Master Bedroom,Primary w/Ensuite,Primary on Main Level,Sunroom
  • Door features: Doors-Insulated
  • Window features: Insulated Windows,Screens,Window Treatments
  • Flooring: Carpet,Hardwood,Ceramic Tile
  • Fireplace features: Wood Burning,Stone
  • Fireplace: Yes
  • Attic: None

Heating & Cooling

  • Heating features: Propane,Radiant
  • Cooling features: Central Electric

Interior Area

  • Total structure area: 3,084
  • Total interior livable area: 3,084 sqft

Master Bedroom

  • Level: Second

Property

Details

  • Parcel number: 652100669653
  • Other equipment: Generator

Features

  • Patio & porch: Deck,Screened Porch/Deck
  • Exterior features: Rustic Appearance
  • Has view: Yes
  • View description: Short Range View
  • Waterfront features: Pond,Stream/Creek
  • Residential vegetation: Partially Wooded
  • Living area range: 3001-3200

Lot

  • Lot size: 3.18 Acres
  • Features: Adjoins USFS,Elevation over 3000,Private

Parking

  • Parking features: Garage-Double Detached,Garage-Single in Basement,Carport-Single Attached,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 4
  • Carport: Yes
  • Carport spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Tornado
Ice Storm
Landslide
Strong Wind
Wildfire

FEMA Declared Disasters in Clay County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,736$44,832
Home Insurance *$236$2,832
Property Taxes $312$3,744
Electricity $287$3,446
Total$4,571$54,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$156,720/yr
40% on housing$137,130/yr
45% on housing$121,893/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.5%
9.5%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -3.2%
-3.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$240This listing

vs Other Active Listings

Avg $/sqft

ZIP 28734$250
Clay County$370

vs Homes Sold Last Month

Median $/sqft

ZIP 28734
Clay County$184

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-17Price change$724,500
2026-04-27Listed for sale$739,000
2025-12-01Listing removed$749,000
2025-07-02Price change$749,000
2025-05-20Listed for sale$759,000

For Sale by Agent

AgentJessica Mason
BrokerageMason Peak Mountain Properties, LLC

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