575 Carolina Springs Ln, Franklin, NC, 28734
About This Home
Established INCOME producing property! This Creek Front Gem is a proven short-term rental investment and a guest favorite on Airbnb, offering both personal enjoyment and strong income potential. Nestled in the serene beauty of North Carolina, this furnished 3-bedroom, 3-bath home offers the perfect blend of comfort and mountain charm. Relax on the oversized deck while listening to the constant peaceful flow of Tessentee Creek, or enjoy the breathtaking waterfall just steps from your door where crystal-clear waters cascade into a serene pool below, all in view from the deck. These natural features create an ideal setting that continues to attract short-term rental guests. The open layout offers ample living space with quality craftsmanship throughout, including towering vaulted tongue and groove ceilings in the great room, large windows that provide abundant natural light, and a gorgeous wood-burning rock fireplace. The main level features a spacious master and second bedroom, both with high wood tongue and groove ceilings, walk-in closets, and French doors leading to the covered deck. All bedrooms offer views of the creek. The large loft provides additional space for guests or a home office. The finished basement includes a flex room, third bedroom, and easy access to the patio and outdoor living areas. Oversized double garage with workshop space, ample parking with a circular driveway. Other highlights throughout the home are solid wood doors, beamed ceilings, low maintenance yard, and a private well. The seller currently uses Starlink for reliable internet service, making the property appealing for remote work and extended stays. Located near the Bartram Trail and USFS, this property offers a desirable combination of privacy, natural beauty, and accessibility. With an established rental history and strong appeal, this property presents an excellent opportunity for continued income production or a private mountain retreat! **Be sure to watch the walk-thru video**
Getting Around
Car-Dependent
Very Limited Transit
Not Bike FriendlySchools
Construction
Condition
- Property condition: Good
- Year built: 1999
Materials
- Foundation: Permanent
- Roof: Composition
- Construction materials: Frame,Stone,Wood Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Cabin,Craftsman
- Property subType: Residential,Cabin,Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer,Electric Water Heater
- Laundry features: Main Level
Basement
- Has basement: Yes
- Basement: Finished,Full,Walk-Out Access,Other
Bedroom1
- Level: Main
Bedroom2
- Level: Lower
Bedroom3
- Level: Upper
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Level: Main
Family Room
- Level: Main
Features
- Cathedral Ceiling(s),Ceiling Fan(s),Drywall,Pantry,Primary on Main,Vaulted Ceiling(s),Walk-In Closet(s),Wood Ceiling(s)
- Window features: Storm Window(s)
- Flooring: Carpet,Hardwood,Tile,Wood,Other
- Fireplace features: Living Room,Wood Burning
- Fireplace: Yes
- Attic: Access Only
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air
Interior Area
- Total structure area: 2,122
- Total interior livable area: 2,122 sqft
Kitchen
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 7510063218
- Zoning description: Single Family
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Deck/Patio,Porch
- Exterior features: Fire Pit
- Has view: Yes
- View description: Excellent View,Mountain(s)
- Waterfront features: Creek
- Waterbody name: Tessentee Creek
Lot
- Lot size: 1.03 Acres
- Features: 1-3 Acres
- Lot size dimensions: 1.03
Parking
- Total spaces: 2
- Parking features: Concrete,Basement Double Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- 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
- Cold Wave
- Landslide
- Lightning
- Inland Flooding
- Ice Storm
- Strong Wind
- Tornado
- Hail
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Macon County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,084 | $37,008 |
| Home Insurance * | $191 | $2,292 |
| Property Taxes | $197 | $2,364 |
| Electricity | $200 | $2,405 |
| Total | $3,672 | $44,064 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Price change | $610,000 |
| 2026-03-21 | Listed for sale | $615,000 |
| 2026-02-03 | Listing removed | $639,900 |
| 2025-10-01 | Price change | $639,900 |
| 2025-04-03 | Listed for sale | $649,900 |
| 2022-05-13 | Sold | $510,500 |
| 2022-03-18 | Contingent | $499,900 |
| 2022-03-17 | Listed for sale | $499,900 |
| 2022-03-07 | Contingent | $499,900 |
| 2022-03-07 | Pending sale | $499,900 |
| 2022-02-26 | Listed for sale | $499,900 |
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