




78 Hawk Nest Place, Murphy, NC, 28906
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
Schools
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
- Lightning
- Tornado
- Cold Wave
- Ice Storm
- Landslide
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Cherokee County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,285 | $39,420 |
| Home Insurance * | $239 | $2,868 |
| Property Taxes | $606 | $7,272 |
| Electricity | $200 | $2,405 |
| Total | $4,330 | $51,960 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-02 | Price change | $649,800 |
| 2026-04-01 | Listed for sale | $689,800 |
| 2025-12-02 | Listing removed | $689,800 |
| 2025-08-30 | Listed for sale | $689,800 |
