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78 Hawk Nest Place, Murphy, NC, 28906

3beds
4baths
2,143sqft
$649,800
$303price/sqft
$4,330/moest. monthly cost
$173,200/yrincome needed

About This Home

If you've ever cruised Lake Hiwassee by boat, you've likely admired this iconic chalet overlooking its pristine waters. Now, for the first time, this remarkable property is available for purchase. Privately situated within the exclusive Bear Paw Resort and spanning three lots, this FULLY FURNISHED 3-bedroom, 3.5-bath LAKEVIEW residence is a striking architectural retreat designed to capture panoramic, unobstructed southwestern views of Lake Hiwassee. The backdrop of protected U.S. Forest Service land ensures these vistas will remain preserved for years to come. Inside, the home features a dramatic Great Room with vaulted tongue-and-groove ceilings, hardwood floors, and a floor-to-ceiling stone fireplace. Expansive chalet windows fill the space with natural light while framing the surrounding landscape. Glass doors open to a spacious porch, ideal for enjoying the tranquil mountain setting. The kitchen blends style and functionality with granite countertops, a large island, and ample cabinetry. The main-level Master Suite offers a private retreat with a well-appointed ensuite, including dual vanities, a garden tub, and a walk-in shower. Upstairs, a loft leads to an additional ensuite bedroom. The lower level provides a recreation room, third bedroom, full bathroom, and access to an oversized 2.5-car garage. Additional features include a whole-home Generac generator and a three-zone HVAC system for enhanced comfort and reliability. Residents of Bear Paw Resort enjoy a wide range of amenities, including a pool, tennis and basketball courts, pickleball, marina access, a community pavilion, and miles of paved roads suitable for walking, biking, and golf cart use--all within a secure, gated community. This property offers a rare combination of location, design, and enduring views--an exceptional opportunity to own a distinctive lakeview home.

Getting Around

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

Schools

8/10
Murphy ElementaryGrades PK-58.4 mi
7/10
6/10
Hiwassee Dam HighGrades 9-124.1 mi

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Block,Concrete,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built-In Microwave,Washer,Refrigerator,Range,Dryer,Dishwasher
  • Laundry features: Dryer Hookup,Washer Hookup

Basement

  • Basement: None

Bathroom1

  • Level: Main

Bathroom2

  • Level: Main

Bathroom3

  • Level: Upper

Bathroom4

  • Level: Basement

Bedroom2

  • Level: Upper

Bedroom3

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Walk-in Closet(s),Vaulted Ceiling(s),Kitchen Island,Ceiling Fan(s),Furnished,Walk-In Closet(s)
  • Flooring: Carpet,Tile,Wood
  • Attic: Floored

Heating & Cooling

  • Heating features: Propane,Heat Pump,Electric
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 2,143
  • Total interior livable area: 2,143 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Laundry

  • Level: Main

Master Bedroom

  • Level: Main

Other

  • Level: Basement

Property

Details

  • Parcel number: 455411653929000
  • Zoning: PD Planned Development
  • Special condition: Standard
  • Other equipment: Generator

Features

  • Levels: Three Or More
  • Entry location: Basement
  • Patio & porch: Porch
  • Fencing: Metal/Ornamental
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • Frontage type: See Remarks
  • Living area range: 2000 - 2199

Lot

  • Lot size: 1.90 Acres
  • Features: Wooded,Lake Privileges
  • Lot size dimensions: 1.90

Parking

  • Parking features: Concrete,Garage

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 $3,285$39,420
Home Insurance *$239$2,868
Property Taxes $606$7,272
Electricity $200$2,405
Total$4,330$51,960
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$148,457/yr
40% on housing$129,900/yr
45% on housing$115,466/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

$303This listing

vs Other Active Listings

Avg $/sqft

ZIP 28906$189
Cherokee County$176

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
2026-06-02Price change$649,800
2026-04-01Listed for sale$689,800
2025-12-02Listing removed$689,800
2025-08-30Listed for sale$689,800

For Sale by Agent

AgentPoltrock Team
BrokerageReMax Mountain Properties

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