Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 2 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 3 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 4 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 5 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 6 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 7 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 8 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 9 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 10 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 11 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 12 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 13 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 14 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 15 of 16
Land at Lot 12 Rainbow Valley Drive, Murphy, NC 28906, photo 16 of 16
16 photos

$30,000

Lot 12 Rainbow Valley Drive, Murphy, NC 28906
Murphy, NC 28906
Listed by Riley Dockery · EXIT Realty Mtn View Prop.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

Rare opportunity to own a 1.77-acre homesite in the desirable Laurel Crest community. This spacious lot offers the perfect balance of privacy and convenience, with plenty of room to design and build your custom dream home. Surrounded by natural beauty and established homes, the property provides a peaceful setting while still being close to shopping, dining, and everyday amenities being just 8 miles from Downtown Murphy NC. Whether you're looking for extra space, a private retreat, or a place to create your forever home, this property offers endless potential.

Highlights

Waterfront

Property details

MLS
Hive MLS
MLS #
98544537
Property type
Land
Subdivision
N/A
Status
Active
Days on market
208
On market date
March 23, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.77 acres
Loading map…

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
Ranger Elementary/Middle
2.82 mi away · Grades -1-8
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
256
Student:teacher ratio
11.6:1
District
Cherokee County Schools
Middle
Murphy Middle
8.55 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
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
Hiwassee Dam High
5.68 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
4.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: B (2025)
Enrollment
148
Student:teacher ratio
10.6:1
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).

14
Very car-dependent
out of 100
EPA National Walkability Index
4.5 / 20 -- Least 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 208 days -- 28 more days than Murphy's current average of 180 days.
For reference, the median list price across 581 active listings in Murphy right now is $245,000.

Mortgage calculator

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

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$331/mo
$6,000 down
$24,000 loan
Principal & interest$156
Property tax (est.)$25
Home insurance (est.)$150

Similar homes you might like

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.