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🔥 129 Silver Spruce Ln, Franklin, NC 28734. Manufactured home WITH land — 2 bed / 1 bath on 0.45 acres. Sold comps averaging ~$129K — priced at $60K. That’s ~$69K below market as-is. 🤝
Why Franklin? Nestled in the Blue Ridge Mountains of western North Carolina, Franklin sits squarely in the path of Asheville overflow — buyers and investors priced out of Buncombe County are moving east and finding Macon County’s prices hard to ignore. Add in the area’s outdoor tourism draw (gem mining, hiking, fishing on the Nantahala), a tight inventory market, and land ownership that puts you in control of your lot, and Franklin is quietly becoming one of the shrewder bets in western NC.
💰 Asking: $60,000 | Comp Average: ~$129,000 | 🔥 Spread: ~$69,000
| Type | Manufactured Home WITH Land (own the dirt) |
| Bedrooms / Baths | 2 bed / 1 bath |
| Living Area | 672 sq ft |
| Year Built | 1980 |
| Lot Size | 0.45 acres |
| Utilities | Well & Septic / Duke Energy (Electric) |
| Occupancy at Closing | ✅ Will be vacant at closing |
| Closing Date | May 27, 2026 |
| Closing Attorney | Atlas Orange |
⚠️ Roof is estimated at least 30 years old — no reported damage or active leaks. ⚠️ Heating only (no A/C), also estimated 30+ years old. Buyers should factor both systems into their due diligence and renovation budget accordingly.
| Address | Sq Ft | Sale Price | Price/Sq Ft | Notes |
|---|---|---|---|---|
| 159 Silver Spruce Ln | 1,001 | $215,000 | $215/sq ft | Sold as-is |
| 204 Forest Cove Rd | — | $115,000 | — | Sold as-is |
| 222 Forest Cove Rd | 576 | $56,000 | $97/sq ft | Sold — full gut remodel needed |
| Comp Average (sold) | ~789 | ~$128,667 | ~$156/sq ft | |
| 🏷️ Our Price | 672 | $60,000 | $89/sq ft | |
| 💸 Your Spread | ~$68,667 |
204 Forest Cove Rd sq ft not available — excluded from $/sq ft averages but included in price average.
💡 At $89/sq ft you’re coming in well under a gut-remodel comp on the same street that still fetched $97/sq ft — and nearly $130K below the avg of sold comps in the immediate area. This is mountain land with a livable structure at a land-deal price. Whether you renovate, replace the home, or hold the lot, the entry point is hard to argue with.
⚠️ DISCLAIMER — Please Read Before Submitting an Offer
📋 Assignment of Contract
This is an assignment of contract. A legally binding purchase agreement with a memorandum has been executed with the Seller, granting this company exclusive rights to purchase the property. We are not brokers or realtors and do not represent the owner.
🚫 Do not contact the Seller directly. Any attempt to contact, interfere with, or circumvent our active contract will result in legal action. This property is not to be re-marketed without our explicit written consent and execution of a joint venture agreement.
🔍 Due Diligence
Buyers are responsible for their own due diligence. We are not licensed agents. Please consult appropriate legal or professional counsel before submitting an offer.
💰 Offer & Deposit Terms
- $5,000 non-refundable deposit due within 24 hours of signing
- Closing no longer than 30 calendar days
- Buyer pays all closing costs — not included in asking price
- Taxes prorated and split between parties
- $495 transaction fee payable to Bright Home Offer LLC
- Closing through our closing attorney
🏚️ As-Is Terms
Property is offered as-is, where-is, no warranties. By submitting an offer you accept these terms.
- ❌ No repairs or improvements prior to closing
- ❌ No clean-out or clean-up of any kind
- ❌ Property will not be broom clean at closing
🤝 Realtors & Wholesalers
The wholesale price does not include your commission or fee. You may either negotiate your fee directly with your client or adjust the wholesale price upward to account for it. If you’d like to be compensated by us, include those terms in your offer or reach out before submitting.