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118 Laurel Ridge Lane, Murphy, NC, 28906

3beds
2baths
2,196sqft
$499,000
$227price/sqft
$3,160/moest. monthly cost
$126,400/yrincome needed

About This Home

Meticulously maintained log cabin located in River Ridge estates in murphy NC. Massive porch for gatherings, plenty of garage and carport space, storage all over and a basement ready for expansion. Sitting on 1.12 wooded acres, this beautifully maintained 3-bedroom, 2-bath log cabin offers the perfect mix of privacy, comfort, and convenience. Located in a desirable neighborhood with mountain views, this home captures the essence of peaceful mountain living while remaining just minutes from local amenities. Inside, the spacious great room welcomes you with soaring wood ceilings, warm hardwood floors, and a cozy fireplace -- ideal for relaxing on crisp mountain evenings. The open-concept design flows effortlessly for entertaining family and friends, while the large rear deck provides a wonderful space for outdoor dining, grilling, or simply soaking in the serene wooded surroundings. The oversized master suite is a true retreat, featuring a luxurious jetted tub and an enormous walk-in closet (roughly the size of a small bedroom). Abundant storage throughout the home makes daily living comfortable and practical. Downstairs, the expansive unfinished basement offers tremendous potential for additional living space, a game room, home theater, workshop, or guest suite with fireplace. Outdoor features include a chain-link fenced yard perfect for pets, two single-car garages, an attached double carport, and a large driveway with plenty of room for guests, boats, cars, motorcylces, or RVs. Only 8 minutes from downtown Murphy and just 10 minutes from Harrah's Cherokee Valley River Casino & Hotel, this property also gives residents access to community walking paths and the beautiful Hiwassee River for fishing, kayaking, and riverside relaxation. Whether you're looking for a full-time mountain home, a weekend getaway, or a strong investment property, this charming log cabin delivers space, character, and the authentic mountain lifestyle in one exceptional package.

Getting Around

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

Schools

8/10
Murphy ElementaryGrades PK-54.4 mi
5/10
Murphy MiddleGrades 6-84.3 mi
7/10
Murphy HighGrades 9-124.4 mi

Construction

Condition

  • Year built: 1995

Materials

  • Foundation: Slab,Crawl Space
  • Roof: Composition
  • Construction materials: Block,Wood 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: Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-in Closet(s),Vaulted Ceiling(s),Solid Surface,Ceiling Fan(s),Pantry,Basement,Walk-In Closet(s)
  • Flooring: Wood,Ceramic Tile
  • Attic: Access Only,Pull Down Stairs

Heating & Cooling

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

Interior Area

  • Total structure area: 2,196
  • Total interior livable area: 2,196 sqft

Laundry

  • Level: Main

Property

Details

  • Parcel number: 551103302510000
  • Zoning: None

Features

  • Levels: One
  • Entry location: Basement
  • Patio & porch: Porch
  • Fencing: Chain Link
  • Frontage type: See Remarks
  • Living area range: 2000 - 2199

Lot

  • Lot size: 1.12 Acres
  • Features: Wooded
  • Lot size dimensions: 364 x 227

Parking

  • Parking features: Carport,Attached,Concrete,Garage
  • Carport: Yes

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 WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Ice Storm
Landslide
Lightning
Strong Wind
Tornado
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 $2,523$30,276
Home Insurance *$184$2,208
Property Taxes $249$2,988
Electricity $204$2,454
Total$3,160$37,920
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$108,342/yr
40% on housing$94,800/yr
45% on housing$84,266/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

$227This listing

vs Other Active Listings

Avg $/sqft

ZIP 28906$190
Cherokee County$177

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
2026-05-26Listed for sale$499,000
2005-05-11Sold$247,500

For Sale by Agent

AgentOld Town Team
BrokerageOld Town Brokers

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