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For Sale
$3,750,000

99999 Scottie Mountain Road
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 Harrahs 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 15, 2021

Property Type
Land
Architecture
Lots/Acreage

Local Market Conditions

There are currently 142 properties for sale in the Murphy, NC area with the average listing price of $325,782. This represents a decrease of -1.6% over the previous week. The 3 bedroom homes saw the largest decrease in the average listing price over the previous week with a -4.1% decrease. To learn more about the Murphy, NC area, contact a local expert!

Market Snapshot for Murphy, NC

Avg. Listing Price

$325,782

Wk ending Apr 17

$-5,373

-1.6%

w-o-w

142

869

38

3

2

Average Listing Price for Murphy, NC
No. BedroomsNo. Beds Week Ending
(Apr 17)
w-o-w Week Ending
(Apr 10)
Week Ending
(Apr 3)
Week Ending
(Mar 27)
All PropertiesAll $325,782 -1.6% $331,155 $328,355 $326,706
1 bedroom1 BR $107,071 +17.2% $91,380 $116,250 $116,250
2 bedrooms2 BR $272,362 -2.0% $277,942 $268,768 $270,475
3 bedrooms3 BR $343,307 -4.1% $357,964 $368,596 $352,800
4 bedrooms4 BR $635,000 +10.8% $573,000 $555,333 $541,069

Data Provided by Canopy MLS

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This $3,750,000 Land at 99999 Scottie Mountain Road in Murphy, NC is presented by Collin O'Berry and has been on the market for 242 days. This $3,750,000 Land is located in the 28906 zip code. This 99999 Scottie Mountain Road Land, located in Cherokee County , is listed under MLS listing number 3652404 and has a listing price of $3,750,000. You can find more Murphy homes for sale here.

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