Special offer

You Can Buy Mountain Land For $2,500 Per Acre in Murphy, North Carolina!

By
Real Estate Agent with Country Homes and Land Murphy NC Realtor

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Eager buyers are snapping up large tracts of mountain land at bargain prices in Murphy, North Carolina and Cherokee County.  The downturn in the real estate market has created once-in-a-lifetime opportunities for savvy investors.

As I mentioned in my recent market report on 2010 land sales in the mountains, several parcels of land of 100 acres or more recently sold for $2,500 per acre.  Many smaller tracts of land are currently for sale for under $5,000 per acre, including one acre building lots with community water.

Lots with incredible mountain views that previously sold for $50,000 to $100,000 or more are on the market today for under $20,000

I sold a lot with a 3 state long range mountain view in Grand Vista Subdivision in 2006 for $130,000.  Last fall the lot across the road with a similar view sold as a foreclosure for $14,000.

 

Just this morning, one of our sellers reduced the price on this 40 acre parcel of land in the Peachtree community to $5,000 per acre. 

     This tract of land has both pasture and woods, with beautiful mountain views and numerous gentle building sites.

     Here's a view of the level pasture and the woods beyond.

 

 

 

 

 

This property is  on a paved road in a great location just 2 miles from Murphy Medical Center and Tri-County Community College.

With over 1,500 parcels of land for sale right now in Cherokee County, there is a huge selection in every price range. 

Whether you're looking for waterfront property, mountain view lots or a large tract of land for a family estate or future investment, there's never been a better time to find your dream getaway here in the mountains! 

 

Posted by

Looking for your dream getaway in the mountains of Murphy, North Carolina? Visit the Country Homes & Land website to see all the latest listings.

Enjoy a preview of our scenic mountains by viewing this youtube video "Murphy Mountain Nights."

Want to find out more about Murphy, North Carolina?  Subscribe to my blog

 

Comments (7)

Barbara Altieri
Better Homes and Gardens RE Shore and Country Properties - Shelton, CT
REALTOR-Fairfield County CT Homes/Condos For Sale

Kate -- Gosh, that's beautiful country.  What a fabulous bargain for the savvy buyer or investor!

Mar 10, 2011 10:20 AM
Kate Wheeler
Country Homes and Land Murphy NC Realtor - Murphy, NC
CCIM - Murphy NC Real Estate for Sale

You're right, Barbara.  There are some incredible opportunities out there for buyers right now!

Mar 14, 2011 04:08 AM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Kate  Your presentation of land for sale in Murphy is very professionally done highlighting specific tracts

Mar 24, 2011 02:03 AM
Kathy Clulow
Uxbridge, ON
Trusted For Experience - Respected For Results

Kate - and NC mountain country is certainly very, very, very pretty country .....

Mar 24, 2011 04:29 PM
Bill & Cyndi Daves
Hiawassee, Young Harris, Blairsville, Hayesville, Murphy and Beyond! - Hiawassee, GA
TeamDAVES - Your REALTORS In the GA/NC Mountains!

Kate - it's truly amazing how low prices have dropped compared to a few years ago.  There truly are some great bargains here right now!

Mar 26, 2011 06:20 AM
Anonymous
Jakayla
My pborlem was a wall until I read this, then I smashed it.
Dec 15, 2011 03:23 AM
#7
Anonymous
Stu cohen

My son just bought a cpl wooded acres near Mooresville,nc. I was interested in something a bit more west in the foothills

Aug 02, 2020 08:49 PM
#8