400 Harbor Cove Lane Murphy, NC $ 3,500,000
400 Harbor Cove Lane
$ 3,500,000
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400 Harbor Cove Lane

Murphy, NC, 28906
$ 3,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 21,550

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Commercial Property for sale in Murphy, NC

for $3,500,000. This building was built in 2024 on a lot size of 37.93.

Rare opportunity on Lake Hiwassee to own a thriving full-service marina with unlimited potential! This successful waterfront marina features 60 covered boat slips, providing exceptional protection and convenience for boat owners. The property includes extensive dry storage for boats and trailers, a fuel pump station, and several rental boats that convey with the sale, creating multiple income streams from day one. Property has also been permitted for an additional 30 docks and floating store. What truly sets this offering apart is the additional 37.93 acres of access property included in the sale. With expansive shoreline and breathtaking water views, the possibilities are endless. Build your dream private lakefront estate, create a luxury waterfront community, develop vacation rentals, or expand the marina operation. You can develop the 37.93 acres into homesites and guarantee a boat slip with every home site. The combination of an established income-producing business and substantial development acreage makes this a one-of-a-kind investment opportunity. If you ask most people what they want from a mountain lake, they'll describe Lake Hiwassee perfectly without ever having been here. They want clear water, forested hills rising directly from the shore lake. Just the mountains, and the sound of water. Lake Hiwassee is that lake. With 93% of its shoreline controlled by U.S. Forest Service, it is one of the most pristine and permanently protected bodies of water in the entire eastern United States. Whether you're an investor, developer, or entrepreneur seeking a premier waterfront property, this exceptional marina offers the perfect blend of current cash flow and future growth potential. Don't miss your chance to own a landmark lakefront destination with endless possibilities.

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Commercial Active

Price

$ 3,500,000

Property Type

Commercial

Taxes

$ 3,803

Style

Lot Size

37.93

Year Built

2024

Town/City

Murphy

County/Region

Cherokee

MLS | Web ID

10785190

Features
General
Sewer Other
Heating Other
Cooling Other
Utilities Other
Construction Materials Other
Year Built 2024
Property Subtype Commercial
Tax Year 2026
Business Type Marina
County Cherokee
New Construction false
Property Type Commercial Sale
Attached Garage false
Garage Y/N false
Status New
Directions Take Hwy 64 West to a right onto Hwy 294. Follow to right onto Hiwassee Dam Access Rd. See Harbor Cove Marina sign on right and turn into Harbor Cove Lane and follow to the end.
City Murphy
Body of Water Lake Hiwassee
Lot Size Units Acres
Lot Size Square Feet 1652230.8
Carport Y/N false
Tax Annual Amount 3803.9
Property Condition Resale
Structure Type Other
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Air Conditioning Y/N true
Heating Y/N true
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Other
Lot Features Interior Lot
Water Source Well
Inclusions Inventory
Lot Size Area 37.93
Building Area Total 0
Lot Size Acres 37.93
Frontage Type Lakefront
Lot Size Source Other
Waterfront Y/N true
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* Excluded Features
List By
Re/Max Town & Country

Broker

bonnie@bonniedupree.com

Email

Affordability Calculator

$21,867
Per Month
99%
1%
0%
Monthly Principal & Interest
$21,550
Monthly Property Taxes
$317
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/12/2026$3,500,000 Listed Price

Map


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400 Harbor Cove Lane, Murphy, NC, 28906 is a Commercial Property for sale at $3,500,000 with a lot size of 37.93. 400 Harbor Cove Lane was built in 2024. The property's zip code is 28906 which is in Murphy, NC