15 Rustic Valley Hollow
Murphy, NC, 28906 $ 48,000
Baths0.0 Monthly Estimate*
$ 299
Studio for $48,000. The lot size is 1.38.
Rustic Valley Hollow (Wilderness Creek Falls) - Lot 15 in Murphy, NC offers 1.84 acres of flat, build-ready ground inside a gated mountain community—ideal for a primary home, second home, or cabin with space for a detached garage/shop and outdoor living. Public electric is at the road, and a community well offers a tap-in option (buyer to verify connection and fees). The HOA is $800/year, supporting road upkeep, common-area care, and consistent neighborhood standards—practical value that helps protect your investment while keeping the setting quiet and well kept. Murphy blends frontier crossroads and rail-town roots with today's small-city resilience. Set where the Hiwassee and Valley Rivers meet, the year-round economy leans on healthcare, public schools, county services, construction trades, light manufacturing, retail/hospitality, and outdoor recreation—creating steady demand for housing and services without sacrificing Cherokee County's easy pace. Daily needs—groceries, dining, hardware, medical care—are close by, while downtown brings farmers markets, seasonal festivals, and small-town staples. Weekends are effortless: fish or paddle Hiwassee and Appalachia Lakes, hike and bike the Nantahala National Forest, or run whitewater on the Ocoee and Nantahala. The John C. Campbell Folk School adds year-round classes, music, and craft events that anchor community culture. Regional access keeps options open for commuting and contract work: roughly 30-40 minutes to Blue Ridge, GA; 1.5-2 hours to Chattanooga, TN and Asheville, NC; and about 2-2.5 hours to Atlanta, GA (traffic dependent). Corridors along US-64/74 connect you to logistics hubs, healthcare systems, schools, hospitality, and a healthy ecosystem of small businesses and trades. At a glance: 1.84± acres; flat topography; electric at road; community well tap available; gated subdivision; HOA $800 annually—bring your plans and build with confidence.
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FeaturesGeneralUtilities Electricity Available
Possession Close Of Escrow At Closing
Zoning Single Family
HOA Fee 800.0
View Sound
Topography Level Rolling Wooded
Property Subtype Residential Land
Tax Year 2022
Current Use Vacant Single Family Timber
Taxes 232.2
Parcel Number 451000074140000
County Cherokee
New Construction N
Property Type Land
In City Limits? (Y/N) Y
Association Amenities Gated Maintenance Roads Water
HOA Y
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Other Structures None
Status Active
Directions Head out of downtown on US-64/US-74 west toward the Tennessee line. Continue approximately 18-20 miles on US-64/US-74. Turn right into the Wilderness Creek Falls community at Wilderness Creek W
High School Murphy High School
City Murphy
Lot Size Units Acres
Lot Size Square Feet 60113.0
Carport Y/N N
Elementary School Other
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Martins Creek Middle
Lease Considered Y/N N
Standard Status Active
Tax Assessed Value 36000
Legal Description Lt 15 Wilderness Crk Falls 1382/818
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ExteriorFencing None
Lot Features Subdivided Level Wooded
Water Source Community Water
Lot Size Area 1.38
Buildings On Property None
Spa N
Lot Size Acres 1.38
Waterfront Y/N N
Road Frontage Type Maintained Alley
Crops Included Y/N N
Horse Y/N N
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InteriorBasement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Total Baths 0
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* Excluded FeaturesList ByColdwell Banker Preferred PropertiesBroker
Affordability Calculator
- Monthly Principal & Interest
- $299
- Monthly Property Taxes
- $19
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Murphy, NC
Average List Price $737,686
Percent of Sale Price 1,437%
About Murphy, NC 1,814 Population
15% Since 2002
$ 33,474 Median Income
44.94 Median Age
17% Households with Children
Trends Information provided by ATTOM Data Solutions.
5268826 Elementary School
5268828 Middle School
Murphy High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/7/2025 | $48,000 | -4.00% | Price Down |
| 11/22/2025 | $50,000 | -1.96% | Price Down |
| 11/15/2025 | $51,000 | -1.92% | Price Down |
| 11/7/2025 | $52,000 | -1.89% | Price Down |
| 10/21/2025 | $53,000 | -1.85% | Price Down |
| 10/7/2025 | $54,000 | -1.82% | Price Down |
| 10/3/2025 | $55,000 | | Listed Price |