30 Prospectus Lane Franklinton, NC 27525
Listing Brokerage NameAllen Tate Lake Royale
Community - Franklinton
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Average Sale Price
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Data compiled from available Multiple Listing Service sources.
Franklinton is a small rural town located approximately 27 miles north of Raleigh. This charming community offers laid-back and easygoing living for its population just over 2,000.
Franklinton is an affordable residential area in relation to Raleigh, Durham and several surrounding cities. The cost of living in Franklinton is less than that of the state and national average. Homes in Franklinton vary from quaint historic properties to large traditional estates on large lots. The small-town rural town feel provides a beautiful natural setting for Franklinton neighborhoods.
Lifestyle and Attractions
Franklinton is a tight-knit community boasting beautiful landscapes and a simple downtown area. The commute to Raleigh, Durham and other surrounding cities is a trade-off for the slower pace of life residents enjoy in Franklinton. While shopping, dining and other attractions await in the capital city, Franklinton residents enjoy a variety of charming features right in their backyard. The community celebrates its culture each year with two annual festivals. Preddyfest Bluegrass Festival takes place each August along the Tar River, and Frankenfest on Main celebrates the fall season in the downtown area.
Franklinton is home to a plant operated by Novozymes, the largest multi-purpose enzyme manufacturing plant in the country. Franklinton residents may otherwise commute to Raleigh and Durham for employment, or work at various local businesses in town. Learn about regional history and the town’s involvement in the textile industry at the Sterling Cotton Mill, which is included on the National Register of Historic Places. Franklinton Park is a popular community park featuring a playground, running track, sports fields, picnic shelter and more. See a performance at the Franklinton Area Community Theatre, fueled by the Franklin County Arts Council, which works to promote and develop all areas of the arts in Franklinton and surrounding towns.
Nearby Schools and Higher Education
Franklinton is served by Franklin County Schools, including three public schools located in Franklinton — Franklinton Elementary School, Franklinton Middle School and Franklinton High School. There is one private school located within Franklin County, Calvary Christian, which is situated in the neighboring town of Louisburg. Louisburg College is also located near Franklinton, in addition to the number of colleges and universities in Raleigh and Durham.
Franklin was originally established as “Franklin Depot” in 1839 on land owned by Shemuel Kearney. His home, built in 1759 by his grandfather, was originally located south of town and is currently the oldest residence in Franklin County. The home was moved to Louisburg in 2009 for restoration. Franklin Depot was changed to Franklinton in 1842, when the town was officially incorporated.
Agriculture was once the economic base of North Carolina, which can still be observed in the many fields and farms located in and around Franklinton. Much like in other areas in North Carolina, the textile industry followed farming as a new economy ushered in by the Industrial Age. Franklinton is home to the historic Sterling Cotton Mill, founded by Samuel C. Vann in 1895. It remained in the family for years until it was purchased by manufacturers of Fruit of the Loom products in 1971, and eventually closed in 1991. It is now listed on the National Register of Historic Places.
Approximate Distance to:
Raleigh: 27 Miles
Durham: 30 Miles
Raleigh Durham International Airport: 33 Miles
Duke Primary Care Wake Forest: 11.5 Miles
Duke Raleigh Hospital: 24 Miles
Duke University Hospital: 32.5 Miles
US-1: 0.5 Miles
Properties within a 1.59 mile radius and similar in price (± 10%)