Single Family Residence at 340 Fain Peak, Murphy, NC 28906
Single Family Residence at 340 Fain Peak, Murphy, NC 28906, photo 2 of 3
Single Family Residence at 340 Fain Peak, Murphy, NC 28906, photo 3 of 3
3 photos

$749,000

340 Fain Peak, Murphy, NC 28906
Murphy, NC 28906
Listed by Gayle Horton · Nantahala Real Estate
Bedrooms
3
Bathrooms
3
Living area
2,432 sqft
Year built
2026

About this home

Located in the desirable Fain Peak community, this stunning new construction home, completed in 2026, offers breathtaking mountain views, premium finishes, and exceptional indoor-outdoor living. Designed for comfort and style, this 3 bedroom, 3 bath residence offers thoughtfully crafted living space in one of Murphy's most sought-after mountain settings. The open concept floor plan welcomes you with warm wood flooring, soaring living spaces, and a beautiful gas fireplace that serves as the centerpiece of the home. The gourmet kitchen is appointed with granite countertops, custom cabinetry, and ample workshop, while matching granite surfaces in all bathrooms add a touch of elegance throughout. The spacious primary suite and well designed guest accommodations provide comfort and privacy for family and visitors alike. Downstairs, a finished basement includes a generous 35x24' bonus room, ideal for a media room, home office, or recreation area plus an additional bedroom and bath. Enjoy mountain living year-round from three covered porches, offering multiple spaces to relax, entertain, and take in long-range mountain views and natural beauty that surround the property.

Highlights

FireplaceNew construction

Property details

MLS
Hive MLS
MLS #
100584983
Property type
Single Family Residence
Subdivision
Fain Peak
Status
Active
Days on market
113
On market date
June 27, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
2
Parking spaces
4
Lot size
1.14 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
1.64 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
1.49 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
1.42 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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

25
Car-dependent
out of 100
EPA National Walkability Index
8.3 / 20 -- Below average walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 113 days -- 67 fewer days than Murphy's current average of 180 days.
For reference, the median list price across 584 active listings in Murphy right now is $247,200.

Mortgage calculator

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Est. monthly payment
$4,661/mo
$149,800 down
$599,200 loan
Principal & interest$3,886
Property tax (est.)$624
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

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.