Welcome to a rare investment opportunity in the Smoky Mountains! This property is back on the market at no fault to the owners and offers a unique combination of a fully renovated farmhouse with a thriving RV campground, creating unmatched flexibility, income potential, and endless possibilities.
The main farmhouse has been thoughtfully updated, blending its historic charm with modern comforts. Just minutes from downtown Franklin, it’s perfectly positioned for use as a primary residence, long-term rental, or highly desirable short-term rental. The spacious garage provides great storage, with the option to purchase equipment—including a tractor with attachments, golf carts, and a zero-turn mower—to maintain the property.
The Gem City RV Resort is a well-established, highly rated destination boasting a 4.7-star review average and impressive net income. The park currently features 20 rentable sites: 17 with full hookups (water, electric, and septic) and 3 with water and electric plus access to a septic dump spout. Guests benefit from a central bath house with showers, restrooms, and laundry facilities. Zoned C-2, the property supports both residential and commercial uses, with significant opportunity to expand—whether by adding RV sites, building entertainment areas, or new amenities. Two additional outbuildings add versatility and could be converted into dwellings, office space, a game room, or a campground store.
For buyers seeking options, the seller is open to selling the farmhouse and RV park separately. With expansive acreage and easy highway access, the property is ideally suited for growth. It’s also the second closest RV park to downtown Franklin, giving it a competitive advantage that keeps visitors returning year after year.
About Franklin, NC
Franklin is a charming mountain town filled with adventure, culture, and small-town appeal. Visitors and residents enjoy local dining, breweries, boutique shopping, and lively festivals throughout the year. Outdoor enthusiasts love hiking the Appalachian Trail, discovering waterfalls, kayaking the Little Tennessee River, and exploring the region’s gem mines. The town is centrally located—just 2 hours to Asheville, NC and 2.5 hours to Atlanta, GA—making it an easily accessible destination for travelers.
Whether you’re an investor seeking cash flow or a buyer dreaming of mountain living paired with a profitable business, this property offers an unparalleled opportunity in Western North Carolina.
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Listing Snapshot
Price
$1,100,000
Days On Site
70 Days
Bedrooms
4
Inside Area (SqFt)
N/A
Total Baths
3
Full Baths
3
Partial Baths
N/A
Lot Size
4.59 Acres
Year Built
1940
MLS® Number
1001667
Status
Active
Property Tax
$2,627.74
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
React
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Back YardClearedFront YardGentle SlopingLandscapedFew TreesViewsRolling Slope
Patio And Porch
Awning(s)CoveredDeckFront Porch
Roof
AluminumShingle
View
Mountain(s)
Waterview
Mountain(s)
Community Features
MLS Area
Franklin
Roads
Asphalt
Listing courtesy of James St Laurent of Keller Williams Great Smokies
Listing information is provided by Participants of the Highlands Cashiers Board of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Highlands Cashiers Board of REALTORS MLS.
Data last updated at: 2025-10-26 11:46 PM UTC
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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