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For Sale
$3,750,000

99999 Scottie Mountain Circle
Murphy, NC 28906

A rare large tract opportunity on the market, Fall Branch Estates presents the savvy investor or partnership many options to realize significant long-term value. This offering includes 154 platted lots spanning 143 acres, with the remaining acreage reserved for future phases (~250 lots possible), or conservation easement options for appealing tax benefits. There are nine miles of roads graded within the development with multiple gated access points. For utilities, a developer can choose to utilize individual septics, or connect to ~5 miles of pressurized, municipal water and sewer lines that have been run to the property. A lift station was installed on a one-acre riverfront parcel at the property base, with capacity for the long-term plans. A 250,000 gallon water tank exists on site. Underground electricity in place. The property directly borders the new Harrah's River Casino. Conveniently located only 5 minutes from Murphy, and less than 2 hours from Atlanta & other major SE metros. Read More

Market Status
Available
Last Updated
April 13, 2021

Property Type
Land
Architecture
Lots/Acreage
Property Type
Lots And Land; Land
River/Creek/Lake View
-

Local Market Conditions

There are currently 153 properties for sale in the Murphy, NC area with the average listing price of $331,155. This represents an increase of +0.9% over the previous week. The 2 bedroom homes saw the largest increase in the average listing price over the previous week with a +3.4% increase. To learn more about the Murphy, NC area, contact a local expert!

Market Snapshot for Murphy, NC

Avg. Listing Price

$331,155

Wk ending Apr 10

$+2,800

+0.9%

w-o-w

153

880

38

3

2

Average Listing Price for Murphy, NC
No. BedroomsNo. Beds Week Ending
(Apr 10)
w-o-w Week Ending
(Apr 3)
Week Ending
(Mar 27)
Week Ending
(Mar 20)
All PropertiesAll $331,155 +0.9% $328,355 $326,706 $329,353
1 bedroom1 BR $91,380 -21.4% $116,250 $116,250 $116,750
2 bedrooms2 BR $277,942 +3.4% $268,768 $270,475 $277,495
3 bedrooms3 BR $357,964 -2.9% $368,596 $352,800 $357,829
4 bedrooms4 BR $573,000 +3.2% $555,333 $541,069 $517,409

Data Provided by Highlands Cashiers Board of Realtors
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This $3,750,000 Land at 99999 Scottie Mountain Circle in Murphy, NC is presented by Jonathan Tharp and has been on the market for 168 days. This $3,750,000 Land, located in the 28906 zip code, has the following property features: River/Creek/Lake View, Property Type. This 99999 Scottie Mountain Circle Land, located in Cherokee County , is listed under MLS listing number 95141 and has a listing price of $3,750,000. You can find more Murphy homes for sale here.

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