Home For Sale near Lake Emory

Your historic estate awaits in downtown Franklin, NC! Built by Dr. J.H. Fouts in the 1890's, this historic two-family home (w/full apartment below) could be an absolute showplace. Stunning large rooms with soaring 11-foot ceilings, historic woodworking details, heart of pine flooring, terrarium sunroom, clawfoot tub & simply timeless charm. The main level boast a living room, family room, 2 large bedrooms + nursery, formal dining room & kitchen. Downstairs, the 1/1 apartment needs renovation but maintains it's vintage charm. A 2-car carport is nearby. The 1,100 square foot workshop could be renovated into another home, storefront, or massive garage/workshop. One of the last remaining large parcels within walking distance to downtown, this 2.41-acre gentle property is in a prime location additional development with CITY water, sewer & Toccoa natural gas available, off a state-maintained road. Currently zoned R-1, there are multiple options for multi-family & single-family homesites or a magnificent in-town estate for your family nestled with privacy between the old oak trees. Rezoning is also possible. An open canvas of possibilities awaits your family on Iotla Street!

Property Details

  • Beds: 3
  • Baths: 2.0
  • Year Built: 1890
  • Location: Lake Emory
  • Acres: 2.410
  • Heat/AC: Fireplace(s)
  • Garage: Carport, Garage
  • Siding: Other, Vinyl Siding
  • Roof: Other, Shingle
  • Fireplaces: Has Fireplace
  • MLS #: 26042000

Location

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Contact Information:

Contact Agent
Listing Agent: Kelly Penland, Bald Head Realty, 828-369-0000, 828-369-0000 Listing Site, Listing Status: Active
Copyright © 2025 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.

Ad Statistics:

Lake Home For Sale in Franklin, North Carolina
Ad Number : 7087326
Viewed: 17 times
Added: Dec 31, 2025
Updated on: Dec 31, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.