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Single Family Residence at 164 Dew Drop Lane, Murphy
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50 photos

$525,000

Bedrooms
2
Bathrooms
3
Living area
1,312 sqft
Year built
2006
164 Dew Drop Lane
Murphy, NC 28906
Listed by Appalachian Land Company

Highlights

Property type
Single Family Residence
Lot size
0.94 acres
Garage
2 spaces
On market
178 days
  • Fireplace

About this home

This true mountain retreat offers privacy, flexibility, and room for guests. Set on 0.94 wooded acres bordering USFS land, this chalet-style home delivers the warm cabin character buyers want, from vaulted wood ceilings and wood floors to a fireplace-centered great room made for slow mornings and cozy nights. The wraparound deck extends your living space into the trees, while paved road access, a community well, septic, and maintained HVAC add everyday practicality. A detached 2-car garage gives you space for vehicles, gear, or workshop needs, and the separate guest home, built in 2007, adds rare value with its own septic, screened porch, kitchen island, fireplace, gas tank, and shared community well. Close to downtown Murphy, Lake Hiwassee, the Murphy River Walk, and outdoor adventure, this property is built for mountain living with income, guest, or multi-generational potential.

Property details

MLS
Hive MLS
MLS #
98544180
Property type
Single Family Residence
Subdivision
Forest Edge
Status
Active
Days on market
178
On market date
November 13, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
2
Lot size
0.94 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Murphy Elementary
3.7 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
422
Student:teacher ratio
11.1:1
District
Cherokee County Schools
Middle
Murphy Middle
4.36 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
306
Student:teacher ratio
15.3:1
District
Cherokee County Schools
High
Murphy High
4.28 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
442
Student:teacher ratio
12.6:1
District
Cherokee County Schools

Walkability

Blended score for Murphy's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not available for this area.

15
Very car-dependent
out of 100
EPA National Walkability Index
3.0 / 20 -- Least walkable

Market position

How this listing compares to current activity in Murphy, from live MLS data.

On the market 178 days -- 86 more days than Murphy's current average of 92 days.
For reference, the median list price across 603 active listings in Murphy right now is $375,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

Adjust tax / insurance estimates
Est. monthly payment
$3,312/mo
$105,000 down
$420,000 loan
Principal & interest$2,724
Property tax (est.)$438
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS. Last updated 21 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.