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138 Morgan Hill Rd, Murphy, NC, 28906

2beds
1baths
816sqft
$175,000
$214price/sqft
$1,262/moest. monthly cost
$50,480/yrincome needed

About This Home

Welcome to Your Modern Mountain Getaway! Experience minimalist living at its finest in this beautifully designed 2-bedroom, 1-bath cabin. With sleek, modern furnishings and thoughtful design throughout, this home perfectly blends style, comfort, and convenience. Nestled on 1.60 unrestricted acres, the property offers ample privacy and space for outdoor enjoyment — whether you're relaxing under the stars, hosting a weekend cookout, or simply soaking in the peaceful surroundings. Enjoy the tranquility of the countryside while being just minutes from Downtown Murphy, where you'll find shopping, restaurants, and local attractions. Whether you're seeking a personal retreat or a turnkey vacation rental, this modern cabin is the perfect escape. *SELLER OFFERING 10K SELLER CONCESSION*

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

7/10
Murphy ElementaryGrades PK-51.5 mi
5/10
Murphy MiddleGrades 6-82.2 mi
7/10
Murphy HighGrades 9-122.2 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1977

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Residential,Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Range,Refrigerator,Electric Water Heater
  • Laundry features: Main Level

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Cathedral Ceiling(s),Drywall,Vaulted Ceiling(s)
  • Flooring: Laminate
  • Fireplace features: Great Room,Masonry,Wood Burning Stove
  • Fireplace: Yes
  • Attic: None

Heating & Cooling

  • Heating features: Ductless
  • Cooling features: Split Unit

Interior Area

  • Total structure area: 816
  • Total interior livable area: 816 sqft

Property

Details

  • Parcel number: 459102883193000
  • Zoning description: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck/Patio,Porch
  • Fencing: None

Lot

  • Lot size: 1.60 Acres
  • Features: 1-3 Acres,Unrestricted

Parking

  • Parking features: No 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

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

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

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 $884$10,608
Home Insurance *$64$768
Property Taxes $114$1,368
Electricity $200$2,405
Total$1,262$15,144
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$43,268/yr
40% on housing$37,860/yr
45% on housing$33,653/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

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 28906$193
Cherokee County$179

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)

No zestimate history available

Price History

DateEventPrice
2026-05-03Price change$180,000
2026-03-31Price change$185,000
2026-03-28Listed for sale$190,000
2026-03-18Pending sale$190,000
2026-03-02Price change$190,000
2025-10-13Listed for sale$195,000
2025-06-02Listing removed$229,900
2025-01-13Listed for sale$229,900
2023-10-10Sold$155,000
2023-09-05Pending sale$165,000
2023-07-14Listed for sale$165,000

For Sale by Agent

AgentMichele Schaack
BrokerageeXp Realty

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