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.
Lot/land
Price cut: $1K (3/27)
$42,000
15 Rustic Valley Hollow, Murphy, NC 28906
--beds
0baths
1.38Acres
Land
Built in ----
1.38 Acres Lot
$-- Zestimate®
$--/sqft
$67/mo HOA
What's special
Community well tap availableFlat topographyGated subdivisionBuild-ready ground
- 77 days |
- 97 |
- 2 |
Zillow last checked: 7 hours ago
Listing updated: March 27, 2026 at 08:31am
Listed by:
Elijah King 423-599-1897,
Coldwell Banker Preferred Properties
Source: Hive MLS,MLS#: 100549534
Originating MLS: Mid Carolina Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Property
Features
- Fencing: None
- Has view: Yes
- View description: Sound
- Has water view: Yes
- Water view: Sound
Lot
- Size: 1.38 Acres
- Features: Subdivided, Level, Wooded
- Topography: Level,Rolling,Wooded
Details
- Additional structures: None
- Parcel number: 451000074140000
- Zoning: Single Family
Utilities & green energy
- Sewer: None
- Water: Public
- Utilities for property: Electricity Available
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: Yes
- Amenities included: Gated, Maintenance Roads, Water
- HOA fee: $800 annually
- HOA phone: 706-632-3454
Location
- Region: Murphy
Financial & listing details
- Tax assessed value: $36,000
- Date on market: 1/16/2026
- Cumulative days on market: 169 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Seller not Owner
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/27/2026 | Price change | $42,000-2.3% |
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| 3/6/2026 | Price change | $43,000-2.3% |
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| 2/27/2026 | Price change | $44,000-2.2% |
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| 2/20/2026 | Price change | $45,000-4.3% |
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| 1/16/2026 | Listed for sale | $47,000 |
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| 1/3/2026 | Listing removed | $47,000 |
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| 12/19/2025 | Price change | $47,000-2.1% |
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| 12/5/2025 | Price change | $48,000-4% |
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| 11/22/2025 | Price change | $50,000-2% |
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| 11/15/2025 | Price change | $51,000-1.9% |
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| 11/7/2025 | Price change | $52,000-1.9% |
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| 10/18/2025 | Price change | $53,000-1.9% |
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| 10/7/2025 | Price change | $54,000-1.8% |
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| 10/3/2025 | Listed for sale | $55,000 |
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Public tax history
Public tax history
Tax history is unavailable.Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 28906
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 5/10Ranger Elementary/MiddleGrades: PK-8Distance: 7.4 mi
- 6/10Hiwassee Dam HighGrades: 9-12Distance: 7.4 mi
Schools provided by the listing agent
- Middle: Martins Creek Middle
- High: Murphy High School
Source: Hive MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 28906
- North Carolina
- Cherokee County
- Murphy
- 28906
- 15 Rustic Valley Hollow



