2108 River Hill Road Murphy, NC 28906 -- MLS# 4372151
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Property Description
Discover an extraordinary legacy property offering 1, 429 acres of pristine natural beauty, including the breathtaking backdrop of Shoal Creek Falls. This remarkable estate boasts 1.8 miles of picturesque shoreline along the enchanting Lake Apalachia, sharing its frontage with the Nantahala National Forest and conveniently located minutes to the charming town of Murphy and two hours or less to Asheville, Atlanta, Chattanooga, and Knoxville.
Twelve miles of well-maintained gravel roads and underground electrical utilities lead to building sites overlooking serene Lake Apalachia, with its world-class trout fishing, tranquil atmosphere, and minimal recreational boat use due to its remote access points. This property offers abundant opportunities for development–explore the scenic roads and witness the potential of these prime building locations; whether it’s a nature preserve wellness retreat or a legacy tract for future generations, the options are infinite. There are no restrictions or conservation easements in place, offering potential tax benefits for conservation-minded buyers. Enjoy close proximity to the airport with a 5, 500 foot runway that will accommodate private jets.••Highlights•• 1, 429 acres•Expansive and private retreat•Shoal Creek Falls adds a stunning scenic backdrop•1.8 miles of Lake Apalachia shoreline (and world-class trout fishing)•Secluded location within the Nantahala National Forest•Minutes to the charming town of Murphy, NC•Two-hour drive or less to Asheville, Atlanta, Chattanooga, and Knoxville•Well-maintained infrastructure accessible via 12 miles of well-maintained gravel roads•Underground electrical utilities in place•Prime building sites (multiple sites overlooking Lake Apalachia)•Recreational opportunities, such as hiking, biking, hunting, and fishing•Development potential as possible wellness retreat, legacy tract for future generations, or thoughtfully planned community•No restrictions or conservation easements in place•Tax benefits for conservation-minded buyers•Includes 3, 000 square foot modern residence, charming barn, and smaller outbuildings•Close proximity to Western Carolina Regional Airport in Andrews, NC, with a 5, 500-foot runway to accommodate private jets
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
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- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
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