Property listing for 146 Panorama Dr, Franklin, NC 28734
For SaleSingle Family Home

$359,000

146 Panorama Dr, Franklin, NC 28734

Brick Ranch on a Full Acre with Walkout Basement

3 Bed · 2.5 Bath · 1,347 Sq Ft

Classic 3BR/2.5BA ranch on 1 acre — garden-ready and value-priced

3

Beds

2.5

Baths

1,347

Sq Ft

1963

Built

1.00 acres

Lot

1-car attached (basement)

Garage

About 146 Panorama Dr

Set back from Panorama Drive on a full acre in Conley Crest, this brick ranch blends midcentury bones with room to personalize. The broad front porch and mature yard announce a property built for outdoor living: garden beds, a play lawn, and a patio for summer dinners. With 1,347 finished square feet on the main level and a full walkout basement, the home offers flexible living and storage — a rare combination at this price point in Franklin.

Inside, the house lays out as classic ranch living. A formal living room opens to a generous kitchen/dining area designed for family meals and gatherings, while a bonus family room provides a quieter retreat or media space. Three bedrooms and two-and-a-half baths occupy the main level. The basement’s walkout configuration includes a single-car attached garage and offers immediate potential for a workshop, hobby space, or additional finished living area.

Mechanicals reflect practical, serviceable systems: brick veneer construction, composition roof, central AC, oil heat supplemented by a heat pump, propane service, public water, and septic. The seller reports the home is in good condition; because the property was built in 1963, buyers should plan standard inspections to confirm roof, HVAC, plumbing and electrical systems. The one-acre parcel and paved driveway deliver privacy and plenty of room for expansion, outbuildings, or gardening projects.

Located less than a mile from Franklin High School and within easy reach of local conveniences, this property balances quiet residential character with access to the town’s services. The listing at $359,000 aligns with recent comparable sales analysis (estimated market range $340K–$380K), making this a competitively priced opportunity for someone seeking acreage close to town. Strong potential for added value comes from the walkout basement and the expansive lot — whether you’re imagining a workshop, extra living space, or simply a generous yard for outdoor life.

Schedule a tour to experience the scale of the lot and the flexibility of the floorplan. This brick ranch offers a solid foundation, room to grow, and a price that reflects current local market conditions.

Home Highlights

Listed at $359,000 — aligned with local comps1.00-acre lot with gardening potentialFull walkout basement with 1-car attached garageBrick veneer ranch built in 1963 — solid bonesCentral AC and heat pump supplemental to oil heatCondition reported as good — inspection recommended

Property Features

Interior Features

  • 3 bedrooms, 2.5 bathrooms
  • Formal living room
  • Large kitchen / dining area
  • Bonus family room
  • Full walkout basement with workshop potential
  • Central air conditioning; oil heat with heat pump

Exterior & Lot

  • Brick veneer construction
  • 1.00-acre lot (lot size: 43,560 sq ft)
  • Front porch and separate patio
  • Paved driveway
  • Composition roof
  • Single-car attached garage (basement level)

Location & Neighborhood

  • Conley Crest neighborhood in Franklin, NC
  • Franklin High School ~0.9 miles
  • Macon Middle School ~2.6 miles
  • Mountain View Intermediate School ~2.3 miles
  • Quiet residential setting with easy access to town services

Walkability & Recreation

  • Walkability Rating: 35/100 — Car-Dependent
  • Nearby parks and green spaces within short drives
  • Hiking and biking opportunities in the greater Franklin area
  • Golf courses and regional outdoor recreation available within the region
  • Community-oriented, low-traffic residential streets

Neighborhood & Location

Conley Crest is a quiet, residential pocket of Franklin offering large lots and classic single-level homes. Residents enjoy a small-town pace with easy access to schools, local shops and services in downtown Franklin. The community attracts buyers who prioritize outdoor space and privacy while remaining minutes from the town’s amenities. Franklin’s broader Macon County setting is known for accessible mountain recreation and a lower cost of living compared with many regional markets, making the neighborhood appealing to families and retirees alike.

Market Insights

Franklin’s residential market is currently favoring buyers: inventory levels remain elevated and average days on market sit near 102 days. Market reports for the area show sellers typically receive offers slightly below asking, with data indicating an average sale price roughly 4% under list price. Comparable single-family homes near Panorama Drive have sold in a range that informs the valuation for this property — recent analysis places fair value between $340,000 and $380,000, with this home listed at $359,000 near the midpoint. Single-family ranches with usable acreage and basements tend to attract interest from buyers seeking value and outdoor space, but the longer selling timeframe in Franklin creates negotiating leverage for well-prepared purchasers.

For buyers, this is a window to secure acreage and a brick-constructed home while pricing pressure remains moderate. For sellers, preparing thorough inspection documentation, completing targeted cosmetic updates, and presenting the basement’s potential will help shorten time on market. In short: a buyer’s market with clear comparables — the property’s list price aligns with local comps and leaves room for both value-driven buyers and strategic sellers to act.

Nearby Schools

Franklin High School

High · 0.9 mi

6/10

Macon Middle School

Middle · 2.6 mi

6/10

Mountain View Intermediate School

Elementary · 2.3 mi

2/10

Walkability & Recreation

35
Walkability
70
Recreation

Good regional outdoor recreation access: the property’s one-acre lot provides private outdoor space for gardening and play, and the Franklin area offers mountain trails and parks a short drive away for hiking, biking and seasonal activities.

Investment Highlights

  • Spacious 1-acre lot with gardening potential
  • Full walkout basement with single-car garage
  • Proximity to local schools and amenities
  • Listed at $359,000, aligning with estimated market value

Key Findings

  • Assessed value $219,070 (land $38,240, improvements $180,830) — annual taxes $865
  • Zoned for single-family residential use
  • Comparable sales within 1 mile in last 6 months range $340K–$380K
  • Average days on market in Franklin: 102 days (buyer's market)

Things to Consider

  • Built in 1963 — major systems should be inspected
  • School ratings vary; potential buyers may consider performance in decision-making
  • Buyer's market with high inventory and low competition

Opportunity Analysis

Well-maintained brick ranch in a serene neighborhood with spacious interiors and a large lot. Priced in line with market value, offering potential for personalization and gardening. Buyer's market conditions provide negotiation opportunities.

Potential Use Scenarios

  • Potential primary residence in a tranquil neighborhood
  • Opportunity for gardening and outdoor activities on the 1-acre lot
  • Full basement offers potential for additional living space or workshop

Risk Factors

  • 1963 construction — potential for aging systems requiring inspection
  • Varied school ratings may impact family buyer interest
  • Buyer's market conditions may lead to longer time on market

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$340K

Midpoint

$360K

High

$380K

$267/SF estimated price per square foot

82% confidence

Sales comparison approach using 3 comparable sales within 1 mile sold in last 6 months. Adjusted for lot size, condition, and bedroom count. Assessed value of $219,070 appears below market.

As of 2026-03-06

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Avg Days on Market102 days

Demographics

Franklin's population growth is 12% higher than the national average. The town offers a lower cost of living compared to the U.S. average.

Nearby Points of Interest

  • Franklin High School (0.9 mi)
  • Macon Middle School (2.6 mi)
  • Mountain View Intermediate School (2.3 mi)

Located in a serene residential neighborhood with proximity to schools and local amenities.

School District

DistrictMacon County Schools
ElementaryMountain View Intermediate School (2/10)
MiddleMacon Middle School (6/10)
HighFranklin High School (6/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1963
Constructionbrick veneer
Stories1
Roofcomposition
Heatingoil heat, heat pump
Coolingcentral AC
Basementfull walkout
FireplaceNo
Conditiongood

Lot & Site

Lot Size1 acres (43,560 SF)
Topographyrolling
Parkingattached_garage_and_driveway
Parking Spaces3
FrontageFrontage on Panorama Dr

Utilities

Waterpublic
Sewerseptic
Electricavailable
Gaspropane

Zoning & Land Use

JurisdictionMacon County

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$219,070
Land$38,240
Improvements$180,830
Annual Tax (2025)$865

Sale History

2026-02-12$359,000

$266.5/SF

Listed for sale

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