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Three-Home Short-Term Rental Property
For Sale
$550,000

39 & 27 Woodcove Dr, Franklin, NC 28734

Residential, Franklin, NC

Property SizeContact for details
Lot Size1.34 Acres
Days on Market198

Property Features for 39 & 27 Woodcove Dr

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Bedrooms 2
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2, Dining Room
Parking features Garage, Driveway, Carport
Vegetation Partially Wooded
Window features Insulated Windows
Interior features Breakfast Bar, Ceiling Fan(s), Country Kitchen, Kitchen/Dining Room, Large Master Bedroom, Living/Dining Room, Main Level Living, Primary w/Ensuite, Primary on Main Level, Open Floorplan, Pantry, Walk-In Closet(s)
Fireplace 1
Basement Daylight, Partial, Exterior Entry, Finished
Appliances Electric Water Heater, Dishwasher, Exhaust Fan, Microwave, Electric Oven/Range, Refrigerator, Washer, Dryer
Lot features Hilly/ Steep, Private
Directions Take 28 N from downtown Franklin 11 miles to Right on Judd's Trail to first Left up paved driveway to 39 Woodcove Dr. the smaller cabins are numbered 27 & 31
Subdivision Cowee
Standard status Active
APN 6568598446
Lot size 1.34 Acres

Taxes and HOA fees

Tax Annual Amount 2135

Utilities

Sewer type Septic Tank
Heating system Propane (Heating), Electric (Heating)
Cooling system Electric, Central Air
Water source Well

Amenities

covered porches

Building Details

Year built 1998
Flooring type Vinyl, Carpet
Building materials HardiPlank Type
Roof type Shingle
Architectural style Ranch
Listing Agency: Bald Head Realty
Listed By: Lyndell Suttles · License #333287
Added: Feb 24 Changed: Sep 3 Last Checked: Sep 10 at 8:06PM
MLS# 26042522

Copyright © 2026 Carolina Smokies Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property includes three raised-ranch homes across two lots totaling 1.34 acres. The primary residence offers an open-concept upper level with two bedrooms and two bathrooms, plus a lower-level bonus room with a full bath. A two-car garage and double carport provide covered parking, while covered porches extend the living areas outdoors. The home was built in 1998 and includes central air, propane and electric heating, a fireplace, well water, and septic service.

Two additional two-bedroom, two-bath cabins were built in 1999 and are fully furnished for short-term rental use. Interior features across the property include country kitchens, breakfast bars, walk-in closets, and washer and dryer appliances. Located at 39 & 27 Woodcove Dr in Franklin, NC, the homes offer mountain views with the Little Tennessee River across 28N. A recent home inspection has been completed, with several repairs already addressed.

Key Highlights

  • Three raised‑ranch homes on 1.34 acres across two lots
  • Primary residence built in 1998 with 2 bedrooms, 2 baths, bonus room, 2‑car garage, and double carport
  • Two fully furnished cabins built in 1999, each with 2 bedrooms and 2 baths

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5
Businesses Nearby

Demographics for 28734, NC

29,284
Population
18,472
Households
1.6
Avg Household Size
49
Median Age
21%
College-Educated
90%
High-School Grad
301.0 sq mi
ZIP Area
97
Density / Sq Mi
$50,221
Median Household Income
$35,913
Median Earnings
$779
Median Rent
$203,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Short term rental property - Two furnished cabins accompany a primary residence with mountain views, covered porches, and flexible residential income potential.
Where is this short term rental property located?
The property is located at 39 & 27 Woodcove Dr Franklin, NC.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Three raised‑ranch homes on 1.34 acres across two lots; Primary residence built in 1998 with 2 bedrooms, 2 baths, bonus room, 2‑car garage, and double carport; Two fully furnished cabins built in 1999, each with 2 bedrooms and 2 baths
More about this property
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