Franklin · Franklin, NC
87 Prater Cove Road
Franklin, NC · 1,179 sqft
$575,000
Reduced from $625,000
- 2Beds
- 2Baths
- 1,179SqFt
- 2007Year
- 164Days on market
About this home
Discover peace & privacy at 87 Prater Cove Road. Nestled on approximately 7.78 wooded acres, this 2-bedroom, 2-bath cabin-style home with 2 story vaulted great room & wood-burning fireplace provides the perfect mountain retreat. Surrounded by mature trees & abundant wildlife, the property provides a true sense of seclusion while still being just a short drive from downtown Franklin's shopping, dining & local charm. Relax on the screened porch and take in the sights & sounds of nature, or explore the acreage for endless outdoor enjoyment. Located just about 12 miles from the Tennessee state line, this property offers easy access to scenic drives, hiking trails, and outdoor adventures in both states. Whether you’re looking for a full-time home, weekend getaway, or vacation rental opportunity, this inviting cabin captures the best of mountain living. Additional acreage may be available for purchase.
Property details
- Beds
- 2
- Baths
- 2
- SqFt
- 1,179
- Lot
- —
- Year built
- 2007
- Type
- Single Family
- Days on market
- 164
- Heating
- Heat Pump
- Cooling
- Central Air
- Foundation
- Crawl Space
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$4,231/ month
- Principal & interest
- $3,561
- Property tax (~1.05%)
- $503
- Homeowners insurance
- $167
- HOA dues
- —
Down payment
$28,750 down · $546,250 financed
Income to qualify (28% rule)
~$181,370 / 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.