656 Rainbow Falls Rd
Franklin, NC 28734
- 3 Beds
- 3 Baths
- 2,516 sqft (on 3.01 acres)
3 Beds
3 Baths
2,516 sqft
(on 3.01 acres)
Local Information
-- mins to
Description
Beautiful Mountain Paradise at 3800 elevation. Live here year round or visit your home-away-from-home & enjoy all the Western North Carolina seasons!! Great access in a gated community. Wrap around deck is perfect to entertain and relax while taking in the views, fresh mountain air & watching wildlife. Some level land for a garden or even to build a garage. This home offers great privacy & plenty of space to invite your friends & family!! Enter into a mud/laundry room that opens to the kitchen for ease with groceries; there is also a formal entry for your guests. Main level open-concept living area w/the Kitchen, Dining Room and Living Room. Beautiful vaulted ceilings & wall of windows that offers great natural lighting. Stacked rock gas fireplace & Bamboo flooring. Main level living w/ Master bedroom/en-suite off the living room. Upstairs bedroom w/ en-suite bath includes a claw foot tub plus addt'l living space for another bed or an office/craft room. Downstairs is complete w/the 3rd bedroom, a game room & your very own movie theater, plus full bathroom. No short term rentals. BEST OFFER IN BY MONDAY 5/24 at 12PM
656 Rainbow Falls Rd, Franklin, NC 28734 is a 3 bedroom, 3 bathroom, 2,516 sqft single-family home built in 2003. It last sold for $335,000 on Jun 10, 2021. It is currently off market. The Trulia Estimate is $526,700, with a rent estimate of $2,249/month.
Home Highlights
Parking
No Info
Outdoor
Patio, Deck
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 656 Rainbow Falls Rd
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Heating & Cooling Heating: Baseboard, Forced Air, Heat Pump, GasHeating Fuel: Baseboard |
Levels, Entrance, & Accessibility Stories: 1Floors: Tile, Hardwood |
Interior Details Number of Rooms: 6Types of Rooms: Walk In Closet, Dining Room |
Appliances & Utilities DryerMicrowaveRefrigerator |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: MetalDeckExterior: WoodFoundation Type: OtherPatio |
Parking & Garage Parking: Carport |
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Year Built Year Built: 2003 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Lot Area: 3.01 acres |
Price History for 656 Rainbow Falls Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 06/10/2021 | $335,000 | Sold | Carolina Smokies MLS #26019160 |
| 06/10/2021 | $299,000 | Pending | RE/MAX International #26019160 |
| 05/24/2021 | $299,000 | Contingent | Carolina Smokies MLS #26019160 |
| 05/19/2021 | $299,000 | PendingToActive | Carolina Smokies MLS #26019160 |
| 05/17/2021 | $299,000 | Pending | RE/MAX International #26019160 |
| 04/16/2021 | $299,000 | Contingent | Carolina Smokies MLS #26019160 |
| 04/12/2021 | $299,000 | Listed For Sale | Carolina Smokies MLS #26019160 |
| 10/01/2017 | $299,000 | ListingRemoved | Agent Provided |
| 01/26/2017 | $299,000 | Listed For Sale | Agent Provided |
| 07/05/2016 | $329,900 | ListingRemoved | Agent Provided |
| 07/16/2014 | $329,900 | PriceChange | Agent Provided |
| 07/04/2013 | $399,000 | Listed For Sale | Agent Provided |
Market trends in Franklin
Last updated May 2026
Avg. sale price
$303K
$8.67KMoM
Sale-to-List Price
96.9%
0.2%MoM
Price per sq ft
$162
$0MoM
Available listings
273
34MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $1,631 |
| Assessment | $474,180 |
Home facts updated by county records
Comparable Sales for 656 Rainbow Falls Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.61 | Single-Family Home | $580,000 | 02/06/26 | 3 | 3 | - | |
3.19 | Single-Family Home | $780,000 | 04/09/26 | 2 | 2 | 1,904 | |
3.24 | Single-Family Home | $780,000 | 04/10/26 | 2 | 2 | 2,165 | |
3.69 | Single-Family Home | $950,000 | 08/15/25 | 3 | 4 | 4,395 | |
4.04 | Single-Family Home | $528,000 | 05/05/26 | 2 | 2 | 1,181 | |
3.75 | Unknown | $705,000 | 02/26/26 | - | - | ||
3.81 | Single-Family Home | $599,000 | 09/04/25 | 3 | 4 | - | |
4.03 | Single-Family Home | $528,000 | 05/05/26 | 2 | 2 | - | |
4.21 | Single-Family Home | $628,000 | 03/27/26 | 2 | 2.5 | - | |
4.07 | Single-Family Home | $500,000 | 05/15/26 | 2 | 2 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 656 Rainbow Falls Rd.
What Locals Say about Franklin
At least 107 Trulia users voted on each feature.
91 % Say car is needed
86 % Say parking is easy
84 % Say yards are well-kept
79 % Say there's holiday spirit
78 % Say it's quiet
74 % Say there's wildlife
72 % Say they plan to stay for at least 5 years
67 % Say it's dog friendly
62 % Say people would walk alone at night
59 % Say neighbors are friendly
51 % Say kids play outside
33 % Say there are community events
31 % Say streets are well-lit
23 % Say it's walkable to grocery stores
18 % Say there are sidewalks
17 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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