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$400,000   Price Analysis
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16378 Highway 64
Murphy, NC 28906
3 bed 1 bath 1,386 SqFt ($288/SqFt)
24.0 acre lot. Built 1932
Listed 2024-04-26, Taxes $1,363
USDA Eligible
near Murphy, NC
 

Discover a diamond in the rough awaiting your vision!

Located in the Hot House community, this sprawling 24-acre former farm property offrs a unique opportunity for investors or those dreaming of crafting their ideal home from the ground up. The centerpiece of this expansive acreage is an old farmhouse built in 1932 encompassing 3 bedrooms and 1 baths. While currently not suitable for occupancy, this structure is ripe for transformation. Whether you're a seasoned property flipper looking for your next profitable project or a visionary homeowner ready to create your custom retreat, this property provides the perfect canvas.

With paved road access, reaching this home is as effortless as it is inviting. The surrounding acreage presents limitless possibilities: imagine establishing a lush garden, a small private farm or even subdividing the land for additional development. Situated within a dynamic and growing community, this property promises not a living space but a lifestyle. It's an ideal match for those eager to invest sweat equity into a place they can truly call their own or create a stunning flip that captivates the market. This is more than a home; it's a chance to shape your future in a location that supports ambitious dreams and big skies. Don't let this opportunity slip through your fingers; start your journey to create something remarkable today!


Presented by SONYA REID at
Appalachian Land Company.
Listing Agent Photo

Property MLS #403410 from NorthEastGA

Bedrooms: 3
Primary Bedroom Level: Main Floor

Wood
Interior Amenities: Wood
Flooring: Carpet

Laundry Features: Main Floor

Full Bathrooms: 1

Storage
Pasture
Garden
Private Yard
Frontage Type: Road, Branch
Roads: Paved

Driveway: Gravel
Parking Features: Driveway

Lot Size Acres: 24.0
Topography: Level
Lot Size Square Feet: 1045440

View: Mountain(s), Year Round, Pasture, Long Range, Trees/Woods

Source Listing Status: Active
County: Cherokee
Source Property Type: Residential
Property Subtype: Residential
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$89,600 + $151,200
$240,800
$1,363
2019$65,180 + $100,290
$165,470
$999
2018$65,180 + $100,290
$165,470
$999
2017$65,180 + $100,290
$165,470
$778
2016$65,180 + $100,290
$165,470
$778
2015$65,180 + $100,290
$165,470
$778
2014$65,180 + $100,290
$165,470
$778
2013$65,180 + $100,290
$165,470
$778
2012$65,180 + $100,290
$165,470
$778
2011$82,580 + $153,400
$235,980
$835
2010$82,580 + $153,400
$235,980
$835
2009$82,580 + $153,400
$235,980
$908

Listed 2024-04-26
$400,000
NorthEastGA
Listed 2024-04-26
$400,000
MtLakes

Total Square Feet Living: 1386
Year Built: 1932
Construction Materials: Frame
Property Age: 92
Roof: Metal
House Style: Country/Rustic
Year Built Details: Resale

Sewer: Septic Tank
Water Source: Well

Ranger Elementary/Middle is a public elementary and middle school located approximately 4.6 miles away.
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Hiwassee Dam High is a public high school located approximately 6.6 miles away.
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New Hope Christian School is a private elementary and middle school located approximately 4.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.