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36 Luther Franklin Ln, Newland, NC, 28657

1beds
1baths
432sqft
$164,900
$382price/sqft
$1,119/moest. monthly cost
$44,760/yrincome needed

About This Home

Cash-Only Sale. No Loans due to it being a park model home. The perfect place to get away awaits in the Linville Falls community of Avery County with a short drive to the Blue Ridge Parkway and the Linville Falls area attractions. This log manufactured home was built in 1995 and has 432 heated square feet. It's cozy and easy to maintain so you can enjoy it and the surrounding area stress-free. No restrictions have been placed on the property so use it for yourself, make it a vacation rental, or both! Updates include but not limited to new outbuilding, lighting, appliances and H2O heater. Cash-Only Sale!

Getting Around

5
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

9/10
Crossnore ElementaryGrades PK-54.5 mi
2/10
Avery MiddleGrades 6-87.4 mi
4/10
Avery County High SchoolGrades 9-127.5 mi

Construction

Condition

  • Year built: 1995

Materials

  • Foundation: Crawl Space
  • Roof: Metal
  • Construction materials: Log

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Cabin,Rustic
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Convection Oven,Electric Oven,Electric Range,Electric Water Heater,Exhaust Hood,Refrigerator
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bedrooms: 1

Features

  • Flooring: Laminate
  • Fireplace features: Gas Log,Gas Unvented,Living Room,Propane
  • Finished area below ground: 0
  • Finished area above ground: 432

Heating & Cooling

  • Heating features: Electric,Propane,Other
  • Cooling features: Ceiling Fan(s),Electric,Wall Unit(s)

Interior Area

  • Total structure area: 432
  • Total interior livable area: 432 sqft

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 182102881147
  • Zoning: Avery
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch
  • Fencing: Back Yard

Lot

  • Lot size: 0.24 Acres
  • Features: Sloped

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

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

  • Lightning
    LightningVery High
  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Cold Wave
Inland Flooding
Ice Storm
Strong Wind
Hail
Landslide
Tornado
Winter Weather

FEMA Declared Disasters in Avery 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 $833$9,996
Home Insurance *$32$384
Property Taxes $54$648
Electricity $200$2,405
Total$1,119$13,428
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,365/yr
40% on housing$33,570/yr
45% on housing$29,840/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: 9.8%
9.8%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.4%
1.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$382This listing

vs Other Active Listings

Avg $/sqft

ZIP 28657$161
Avery County$292

vs Homes Sold Last Month

Median $/sqft

ZIP 28657
Avery County$290

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
2026-04-02Listed for sale$164,900
2025-08-16Listing removed$164,900
2025-07-08Listed for sale$164,900
2025-05-31Listing removed$164,900
2025-05-27Price change$164,900
2025-05-15Listed for sale$169,900
2025-01-31Listing removed$169,900
2025-01-07Listed for sale$169,900
2022-06-06Sold$115,000
2022-05-03Pending sale$115,000
2022-04-26Listed for sale$115,000
2022-04-18Pending sale$115,000
2022-04-15Listed for sale$115,000
2019-01-10Sold$50,000
2018-08-17Listed for sale$57,450

For Sale by Agent

AgentAllen Curtis
BrokerageC Shane Cook & Associates

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