Highlands · Highlands, NC
464 Franklin Road
Highlands, NC · 1,468 sqft
$1,300,000
- 3Beds
- 3Baths
- 1,468SqFt
- 1960Year
- 1Days on market
About this home
Own this delightful Highlands intown and one-level-living mountain cottage! It is perfect as a private residence or continued as a highly successful short-term-rental investment property. Awash in natural light, heart of pine floors, and multiple entertainment spaces, the home has been immaculately maintained and epitomizes a heavenly Highlands’ mountain lifestyle. Enjoy sitting by the large crackling outdoor fire pit or on the spacious screened porch designed for laid-back evenings and dining al fresco. Each of the three bedrooms has access to a full bathroom. The gourmet eat-in kitchen, with a live edge natural wood breakfast bar, is well positioned between the den and living room, each having a cozy gas-log fireplace. The whole-house generator ensures you’ll never be left in the dark, no matter the weather. As a bonus, the home is being offered partially furnished, enabling its immediate use. Parking is plentiful with spaces in both the front and back driveways, with entrances coming from Franklin road and Holt Knob road respectfully. Access to a town sidewalk, starting near the bottom of Holt Knob Road, conveniently leads to Highlands' wonderful restaurants and boutique shops. Moreover, the home’s intown location enables one to quickly travel to multiple scenic highlights like Highlands’ Greenway Trail, Satulah Mountain and Sunset Rock. Your mountain escape awaits!
Property details
- Beds
- 3
- Baths
- 3
- SqFt
- 1,468
- Lot
- —
- Year built
- 1960
- Type
- Single Family
- Days on market
- 1
- Style
- Cottage
- Heating
- Central, Heat Pump, Other - See Remarks
- Cooling
- Central Air, Heat Pump
- Foundation
- Crawl Space
- Flooring
- Tile, Wood
- View
- Mountain(s), Winter
Features
- Breakfast Bar
- Garden Tub
- Open Floorplan
- Other - See Remarks
- Fire Pit
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$9,567/ month
- Principal & interest
- $8,051
- Property tax (~1.05%)
- $1,137
- Homeowners insurance
- $379
- HOA dues
- —
Down payment
$65,000 down · $1,235,000 financed
Income to qualify (28% rule)
~$410,055 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.