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1240 Village Rd, Murphy, NC, 28906

5beds
4baths
4,258sqft
$599,800
$141price/sqft
$4,197/moest. monthly cost
$167,880/yrincome needed

About This Home

For the first time ever, this remarkable property is being offered for sale. Nestled within the exclusive Bear Paw Resort and spanning three lots, this 4,200 sq ft, 5 bedroom, 3.5 bath lake view residence is a striking architectural retreat designed to showcase gorgeous mountainous views of Lake Hiwassee. Step inside to discover a dramatic sunken Great Room featuring vaulted ceilings and a see through wood burning fireplace that is centrally situated to create warmth and ambiance throughout. Expansive, oversized windows flood the entire home with natural light. The kitchen seamlessly blends style and functionality, offering ample cabinetry and a charming breakfast nook with lake views. The main level primary suite provides a private retreat, complete with a well appointed ensuite featuring dual vanities, a tile encased soaking jet tub, and a walk-in shower. Upstairs, a cozy loft with an additional wood burning fireplace creates the perfect space to unwind. This level also includes three additional bedrooms, two full bathrooms, and a second primary suite. Providing flexibility for hosting guests while maintaining comfort and privacy. Additional highlights include a sunroom, multiple porches with a lake view ideal for relaxing and taking in the tranquil setting, a hidden oversized closet/safe room, semi circle drive with private gate, whole home speaker system and pre-wiring for a Generac backup system. Residents of Bear Paw Resort enjoy an array of amenities, including a pool, tennis and basketball courts, pickleball, marina access, a community pavilion, and miles of paved roads perfect for walking, biking, or golf cart use—all within a secure, gated community. This property offers a rare blend of location, architectural character, and stunning views. Don't miss an exceptional opportunity to own a truly distinctive lake view home!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

7/10
6/10
Hiwassee Dam HighGrades 9-124.6 mi

Construction

Condition

  • Property condition: Excellent
  • Year built: 1972

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer,Electric Water Heater
  • Laundry features: Main Level,Washer/Dryer Connection

Basement

  • Basement: None

Bedroom1

  • Level: Main

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 2
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Cathedral Ceiling(s),Ceiling Fan(s),Double Vanity,Drywall,Primary on Main,Vaulted Ceiling(s),Wood Ceiling(s),Wood Walls,Fiber Optic
  • Window features: Skylight(s)
  • Flooring: Carpet,Hardwood,Laminate,Parquet,Wood
  • Fireplace features: Great Room,Living Room,Wood Burning,Other
  • Fireplace: Yes
  • Attic: None

Heating & Cooling

  • Heating features: Central,Dual
  • Cooling features: Central Air,Dual

Interior Area

  • Total structure area: 4,258
  • Total interior livable area: 4,258 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Upper

Property

Details

  • Parcel number: 455408788460000
  • Zoning description: None

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck/Patio,Porch
  • Has spa: Yes
  • Spa features: Bath
  • Fencing: None
  • Has view: Yes
  • View description: Lake,Mountain(s)
  • Has water view: Yes
  • Water view: Lake
  • Waterfront features: Lake Access,Lake Privileges

Lot

  • Lot size: 0.91 Acres
  • Features: Less than 1 Acre

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Carport Double Attached
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Tornado
Cold Wave
Ice Storm
Landslide
Strong Wind
Wildfire

FEMA Declared Disasters in Cherokee County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,032$36,384
Home Insurance *$221$2,652
Property Taxes $548$6,576
Electricity $396$4,759
Total$4,197$50,364
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$143,897/yr
40% on housing$125,910/yr
45% on housing$111,920/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.1%
10.1%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$141This listing

vs Other Active Listings

Avg $/sqft

ZIP 28906$192
Cherokee County$178

vs Homes Sold Last Month

Median $/sqft

ZIP 28906
Cherokee County$227

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Listed for sale$599,800

For Sale by Agent

AgentPoltrock Team
BrokerageReMax Mountain Properties

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