The State of the Real Estate Market and Sales in Murphy, North Carolina

Good morning from cloudy Murphy, North Carolina! If you’re not here, you’re missing out on cool and comfortable weather – it’s great for it not be so doggone cold! 😉

As you likely know, real estate market and sales in Murphy NC are interesting right now. January yielded 18 home sales in Cherokee County, which is only down by one sale from this time last year. That’s a great step in the right direction! Buyers are certainly looking for homes, and there are a lot of good opportunities out there for them.

In our most recent tri-weekly newsletter for buyers (we have well over 500 prospective buyers on that list), there were some really amazing deals (To Join this List, Email JohnPoltrock@gmail.com with JOIN in the Subject line). A few foreclosures were in the list… and overall we’re quite lucky because we do not have to compete with foreclosures nearly as much as many buyers like to think we are.

Land, on the other hand, is quite a bit down from this time last year. There were 8 land closings in January compared with an average of 20 sales per month from the first quarter of 2008. Land is still selling pretty well and it must be aggressively priced in order to make the “under contract” list. We’ve put one parcel under contract and likely have two more on the way. All are exceptional buys for the buyer and the sellers are tickled pink to move their property.

Here would be a link to the properties that have sold in the past 14 days. Included are photos, information, list and sold price. To recieve this information, join our Bi-Weekly SOLD Real Estate Update for FREE! Email JohnPoltrock@gmail.com with Bi-Weekly Update in the Subject to be added!

Whether you’re tracking the Real Estate Market and Sales in Murphy or simply exploring things to do in Murphy NC, The Poltrock Team is here to help you succeed with expert guidance and local insight!

New 2/2 Home for Sale in Tarheel North of Murphy NC!

We always love it when a new Home for Sale in Tarheel comes up in the market – especially an affordable home in a great neighborhood! Tarheel North is one of Murphy’s favorites! At less than $150,000, this ranch styled home is maintained perfectly and is one of the homes you feel comfortable in immediately.

It features all the appliances, rock fireplace with gas logs, a full basement this is perfect for storage or to finish off for more living area, a private screened in porch to enjoy summer days and watch the many deer and turkey that frequent the area.

And in real estate, it’s always location, location, location and Tarheel North has it! Click, Call, Email, Smoke Signal, anything you need to do to get in touch with us about this one!

Whether you’re looking for the perfect Home for Sale in Tarheel or just exploring things to do in Murphy NC, The Poltrock Team is here to help you make your move with confidence!

John Poltrock – The POLTROCK TEAM – www.MyMurphy.com – JohnPoltrock@gmail.com – Call us Toll Free at 1-866-687-7496 today!

Bear Paw Resort in the Hiwassee Dam Community of Murphy, NC

It is quite an amazing area that leaves fond memories in the minds of children and adults. It is surprisingly common to have a middle-aged person come who spent their summers as a kid in Bear Paw Resort and want to purchase a property so they can continue to enjoy and prolong those great memories that have captivated them for years. We’ve spoken to and worked with many people who have fit this exact statement.

Being in Bear Paw Resort alone is a wonderful experience. It features lots of things to do in the community areas such as a swimming pool, convention center, pond, guarded entrance, playground, basketball court, marina, and many other amenities. Property owners come from all over the United States just to be part of this exclusive mountain community.

Surrounded by U.S. Forest Service and TVA land, the community is completely to itself and likely will never loose its natural mountain and lake views. It is on Lake Hiwassee, and the lake itself houses approximately 6,090 acres to fish, boat, water ski, or whatever you please.

The History of Bear Paw

Tucked in among the Blue Ridge Mountains of North Carolina, bathed by a 6,000 acre Lake Hiwassee and virtually surrounded by 500,000 acres of the Nantahala National Forest, there is a place called Bear Paw. This information summary will help you understand why we think you may come to spend a day and wish to remain a lifetime.

The history of Bear Paw begins with a decision to build a series of dams, Hiwassee and Chatuge Dams on the Hiwassee River and Nottley Dam on the Nottley River, a tributary to the Hiwassee River. All three dams are operated as a unit for the purpose of flood control, navigation and power generation. Hiwassee Dam is one of 51 dams in the TVA, Tennessee Valley Authority, water control systems that provide flood regulation in the Tennessee, lower Ohio and Mississippi Valleys. This system also creates a navigation channel on the Tennessee River and provides hydroelectric power. Construction on the Hiwassee Dam began in July 1936 and was completed in May 1956.

After the site of the dam was chosen, the first task undertaken by the TVA was the development of access roads to the site. The only roads available were winding mountain roads, unsurfaced and impassable during wet weather. Consideration was given to building a rail spur to the dam site. However, after the job was completed the spur would be abandoned and a good highway would have to be constructed as a permanent part of the development. It was decided to locate the job railhead at Turtletown, Tennessee, and to build a highway from there to the job site. Today the road is TN Highway 123 to NC Highway 294 to Hiwassee Dam Road.

Because Hiwassee Dam was built in a sparsely settled and isolated region, there was a shortage of available residential labor and a lack of housing facilities for the imported labor. These conditions necessitated building a complete construction village as a self-contained community unit. The village consisted of 42 permanent houses, 73 temporary houses, five men’s dormitories, one women’s dormitory, a cafeteria, hospital, a community building, personnel office, and a school for those children in the village that were in the higher grammar school grades. In addition, there were nine group garage buildings, a service station, bowling alley, and an observation building.

Estimates of the personnel requirement for the construction of the dam showed that housing facilities at the dam would be required for 1,100 people. Also, because of the remoteness of the site, it was important to not only provide housing for those who were building the dam, but also those who would eventually operate the dam and power plant. The site of the village was to be within walking distance, about 1,500 feet, from the construction site.

1959 – “Hiwassee Lake Resort Village” was organized to own land in Cherokee County. The tract of land described in the deed came from the United States of America acting through the Tennessee Valley Authority. The land recorded on February 17, 1959 included the Hiwassee Dam construction and operating village.

1963 – The property was known as “Hiwassee Lake Estates Subdivision.” It was divided into “Hiwassee Resort Village” and “Hiwassee Lake Estates.” Hiwassee Resort Village consisted of mainly a clubhouse, rental cottages and beach. Hiwassee Lake Estates consisted of subdivided lots for the construction of private homes.

One of the first sales offices was located in Atlanta, Georgia. Those who were interested were invited to the Peachtree Office Building for a buffet supper. Displays were presented depicting the property. Those interested were invited to the resort for a two-day stay at no cost. The adults and children explored the lake resort and subdivision.

By mid-year 1963, 210 home sites were sold. Three miles of road were constructed throughout Sections I, II and III. Before that, property was shown by boat and by horseback. The first new water well was completed and tied in with the original water storage and treatment system. Three estate homes had been completed and there were plans for twelve more. Work began on the parks in Sections I and II. The original Clubhouse facilities were for the exclusive use of the property owners and their guests were completed in April that year.

Later that same year, the first 12 cottages were offered for sale. They were located on the right side of Village Road starting near the social pavilion and extending to the entrance of Hiwassee Lake Estates. That entrance was near the intersection of Village Road and Highland Road. You can still see the “Bear Paw” at the intersection, imbedded in the rock face. It’s quite the landmark!

1965 – 589 home sites bad been sold, more than 50% of the available lots. Steps in the development were being finalized to make it a year-round resort. The first phase of the security system was put into effect. Sixteen homes were completed.
A model home was constructed at the intersection of Village Road and Lonesome Pine. It is the gray house on the southeast comer. Another model is farther east on Village Road, the “A-frame” cottage on the top of the hill to the left.January 23, 1973.
The resort community became known as “Bear Paw” under the ownership of Dr. Robert Bretches, Errell Steele, Jr., and First Georgia Investment Corporation, a wholly owned subsidiary of Cousins Properties. They wanted to provide for the preservation of the values and amenities of the “Resort” and “Common” properties. “Common properties” were then known as the “Class A Residential Area,” which included the security gates, open spaces, roads and similar facilities. “Resort properties,” included a timber and fieldstone lodge, a gym and a snack shop. Surrounding the lodge were the tennis courts, swimming pool, ice skating rink, and playgrounds. Recreational facilities also included a sled slope, stables, and marina.

Bear Paw of Today

Bear Paw was 1,000 acres of woodland, of which 469 acres were exclusively devoted to privately owned permanent homes. Two hundred and 30 acres were designated specifically for condominiums. December 19, 1973, the lodge burned to the ground and was. subsequently replaced by the present-day clubhouse/office facility.

Today, the Bear Paw community consists of 1,090 lots, over 200 homes, 42 cottages, 23 condominiums and Mountain View Marina. More and more of the friendly people at Bear Paw are permanent residents. They choose to enjoy the services provided year-round, such as security, well-maintained roads and grounds, as well as hiking, fishing and boating. They also enjoy the summer months that are best for swimming and tennis.
The Bear Paw community consists of the “Bear Paw Service District,” a special service district ratified by the State of North Carolina, that serves the common properties and the majority of the property owners. A small number of property owners are excluded and are members of the “Hiwassee Lakefront Property Owners Association.” The “Cottage Owners” and the “Condominium Owners” Associations are also excluded. However, both are under contract with the Service District to provide most of the services like security, roads and recreational facilities.
The benefit of the “Bear Paw Service District” is that as a special service district ratified by the State of North Carolina, it levies taxes based on the assessed value of property and homes in the district. A seven member board that is elected by the property owners in the Service District administers the income from the taxes collected by Cherokee County for the Bear Paw Service District. These monies are used exclusively to provide the services of security, roads, grounds and recreation. The Service District helps insure that every property owner shares fairly in keeping Bear Paw, on Lake Hiwassee, a premier private living and vacation community in the beautiful mountains of Western North Carolina.

Need to sell your property in Bear Paw?

Call or email us! It’s a toll-free call at 1-866-687-7496 or email at JohnPoltrock@gmail.com. You’ll receive aFREEcopy of our Seller’s Guide and a market analysis to find out what your property is worth in today’s market!

Want to buy property in Bear Paw?

Call or email us! You can even Search Homes for Sale in Bear Paw right here on our website! It’s a toll-free call at 1-866-687-7496 or email at JohnPoltrock@gmail.com. We’ll immediately send you a list of all the properties in Bear Paw so you can see what is available. We can also notify you the instant new real estate comes available – all for FREE!

The Poltrock Team at RE/MAX –www.iLoveMurphy.comJohnPoltrock@gmail.com – The Poltrock Team – Call usToll Free at 1-866-687-7496for Murphy’s #1 Real Estate Team!

Five Forks Development in Martin’s Creek Community of Murphy, North Carolina

Five Forks is a gated subdevelopment in the Martin’s Creek community nestled in the mountains of Murphy, North Carolina. It is largely respected as one of the finer and better done cabin and chalet developments in Cherokee County. It is complete with a gated entrance that closes at dusk, paved roads, underground utilities, community water system, and spectacular long range views. In fact, you can overlook the mountains of North Carolina and Georgia and even see Lake Nottley in the distance.

See the picture below to get an idea of what it’s like on the top of the mountain – and the picture doesn’t even do it justice. Five Forks has a great location and is very close to Bellview. Not only is it quick access to Murphy, it is equally easy to go to Blairsville, GA. It is just off of 19/129 on Moccasin Creek Road. 

The raw land tract that would become Five forks, or just 5 Forks as a few folks write it, was originally owned by developer Manny Hernandez. The site plan and much of the orchestration was done by our very own RE/MAX mountain Properties Broker/Owner, David Ritz. It wasn’t acquired as one single tract. Rather, Phase 1 was done and then additional parcels were purchased and added to the development over time.
Five Fork's Spectacular Long Range Mountain View
Five Fork’s Amazing Mountain View

The paved roads are a huge asset. With double lane, paved roads coming into Five Forks, it makes travel a breeze. Much of the other developments in the area lack wide roads and can cause issues when two vehicles approach at the same time. Jonathan Wells (of Wells Contracting) built the initial phase of roads, Chris Dockery, and Bill Cook are the men largely responsible for putting in the road system. As you come in the entrance, you cross a large tract of land and a good thing for the community is that Five Forks owns the road coming in – it doesn’t just have an easement like many do.

It contains 129 lots  ranging from less than an acre to over five acres.

For those who enjoy the outdoors, Five Forks is laced with walking trails and a road system that is perfect for getting out and taking a stroll by yourself, with friends, family, or pets. It even has an outdoor picnic facility complete with a restroom.

Homes in Five Forks

Chalet Type Home in Five Forks
Chalet Type Home in Five Forks

Five Forks is well known as a chalet and cabin type community. All of the homes there have earth tone colors and are designed to make you feel like you’re “in the woods” while not secluded and by yourself. Homes in Five Forks start in the 100’s and go to the highest real estate transaction on record at $449,000 (as of this writing).

Interesting Facts on Five Forks

  • Five Forks has a tract 11.63+/- acre tract right in the middle of it that’s not part of Five Forks. It cannot be accessed through the Five Forks entrance, but rather must use Grape Thicket Road and come in through a side entrance.
  • The lots on the Northwestern side of Five Forks (which used to be part of tracts that were part of Grape Thicket) have a secondary right-of-way to come in through Grape Thicket Road. Although this is not as desireable an entrance, it is useable. The large parcel in the middle of Five Forks only has right-of-way through Grape Thicket and cannot use Five Forks’ main entrance.
  • The success of Five Forks is largely contributed to impeccable market timing, great paved roads, competetive pricing, good design, and huge, long range mountain views. Original prices started out around $25,000 and up.
  • Many of the homes built in Five Forks were built by Chris Twiggs, Mark Thorsen, John Ritz, and Ray Newcomb.

Need to sell your property in Five Forks?

Call or email us! It’s a toll-free call at 1-866-687-7496 or email at JohnPoltrock@gmail.com . You’ll recieve a FREE copy of our Seller’s Guide and a market analysis to find out what your property is worth in today’s market!

 John Poltrock, Certified Residential Specialistwww.MyMurphy.comJohnPoltrock@gmail.com – Call us Toll Free at 1-866-687-7496 for Murphy’s #1 Real Estate Team!

3/2 Cedar Sided Home for Sale in Ranger Community of Murphy NC!

Here’s a unique, cedar sided home built in 2005 by Palm Harbor on a permanent foundation! It offers a year-round mountain view through its ceiling to floor palladium window in the living room.

It has 3 bedrooms, 2 baths, and roughly 1,700 feet. Crown molding throughout, upgraded light fixtures, warm wall colors to complement the wood burning fireplace in the living room. Laminate floors in the kitchen and dining room, large utility room. French doors open into the office with built-in desk and bookshelves.

The home has a split floor plan. The master suite has a walk through closet, private bath with a double vanity, and garden tub.

It has 2.51+/- acres that is low maintenance and move-in ready. A must see home with a truly amazing view!

Whether you’re searching for a cozy Cedar Sided Home or simply exploring things to do in Murphy NC, The Poltrock Team is here to help you find your perfect mountain getaway!

John Poltrock, Certified Residential Specialist – The POLTROCK TEAM at RE/MAX Mountain Properties- Murphy, NC – Call Toll Free 866-687-7496 – www.MyMurphy.comJohnPoltrock@gmail.com

Hanging Dog US Forest Service Public Boat Ramp is Being Redone!

For those of you who love to boat, the US Forest Service is redoing the boat ramp at Hanging Dog Campground in Murphy NC! By the time the boating season starts this 2009, it should be up and running with brand new ramps 😉

Whether you’re gearing up to enjoy the new boat ramp at Hanging Dog or simply exploring things to do in Murphy NC, The Poltrock Team is here to help you experience the best of mountain living!

Boat Ramps Under Construction in Murphy NC
Boat Ramps Under Construction in Murphy NC

John Poltrock – www.MyMurphy.comJohnPoltrock@gmail.com – Call us Toll-Free at 866-687-7496

Hanging Dog US Forest Service Campground in Murphy, North Carolina

Murphy, North Carolina is known for its natural beauty and resources, and maintains an excellent facility in Hanging Dog US Forest Service. The Nantahala National Forest has camping sites set up and ready, bath facilities, two public boat ramps on Lake Hiwassee, group picnic shelter, bike riding, trail heads, and much more.

Because it is maintained by the US Forest Service, all of the resources available here are either free or quite inexpensive. The facilities are in excellent shape! You can find more information from the local Ranger District. You can find out more from them at:

Tusquitee Ranger District
201 Woodland Drive
Murphy, NC 28906
Phone – 828-837-5152

Whether you’re planning an adventure at the Hanging Dog US Forest Service area or exploring things to do in Murphy NC, The Poltrock Team is ready to help you discover your perfect place in the mountains!

John Poltrock, Certified Residential Specialist –www.iLoveMurphy.com – JohnPoltrock@gmail.com – Call The POLTROCK TEAM at RE/MAX Mountain Properties today at 866-687-7496

Beaverdam Creek in Murphy, North Carolina – and enjoy a video of it!

Part of nature’s beauty in Murphy, North Carolina is not just spectacular long range mountain views. Lower elevations show God’s beauty in the form of rushing water falls! Here is Beaverdam Creek in Murphy, which is a rushing creek that could almost be a river.

It is accessed off of Joe Brown Highway and runs through the Hanging Dog, Beaverdam, and Unaka communities.

Call, click, or email and let us know if you are interested in real estate on this creek or others. We’d be happy to help you find it and can email you all the properties available!

We wish you were here, so we thought we’d bring Beaverdam Creek’s waterfall to you! Take a minute out of your day to enjoy the sound of the rushing waterfall…

Whether you’re dreaming of owning land near Beaverdam Creek in Murphy or simply exploring things to do in Murphy NC, The Poltrock Team is ready to help you find your perfect mountain retreat!

John Poltrock, Certified Residential Specialist – The POLTROCK TEAM – www.MyMurphy.comJohnPoltrock@gmail.com – Call Toll-Free 866-Murphy-NC or 866-687-7496

Spectacular New Chalet for Sale in Murphy NC – and a GREAT Mountain View!

New Mountain View Chalet for Sale

This Property is Now SOLD!!

If you love chalets in Murphy NC, or even like ‘em for that matter, you’ll really appreciate this great home! This 2 bedroom, 2 bath chalet for sale has a full daylight basement! With poured concrete walls, you can rest assured this basement is a great way to have extra storage or finish in the future for more living space. Upstairs is a beautiful rock fireplace complete with gas logs included for you to curl up by the fire on cold mornings.

 

Built by Brasstown Builders, this home is finished with the quality you should expect in a home. Tongue and groove vaulted ceiling with enormous fixed pane windows really captures the gorgeous Mountain View this home overlooks year around. You must see it to believe how beautiful it really is! Tile is in the bathrooms and soft, plush carpet accents both the downstairs bedroom and the loft.

 

Highland Creek itself offers amenities you won’t find just anywhere. You have river access to Hiwassee River, paved roads, community water system, and close access to some of Murphy’s greatest attractions such as the John C Campbell Folk School, downtown, and the golf course.

 

This home is genuinely a work of art you should see for yourself, and it’s an outstanding price at less that $200,000!! 

John Poltrock, Certified Residential Speckialist – The POLTROCK TEAM at RE/MAX in Murphy, North Carolina – www.MyMurphy.com – Call us Toll Free at 1-866-Murphy-NC or 1-866-687-7496

Whether you’re searching for a perfect Chalet for Sale or simply exploring things to do in Murphy NC, The Poltrock Team is ready to help you find your dream mountain getaway!

Overview of Murphy, North Carolina – The Location, Population, People, Real Estate, History, and Facts

One of the Entry Signs to Murphy NC City Limits
One of the Entry Signs to Murphy NC City Limits

Murphy is the westernmost town in North Carolina. Nestled in the Blue Ridge and Mountains, Murphy is the county seat of Cherokee County. The city limits of Murphy are actually quite small with a landmass of approximately 1,702.88 acres. On the same token, the “area” of Murphy is quite large. It comprises the entire zip code 28906.

 Location

Murphy’s downtown square is located at Longitude/Latitude N 35 05.267 W 84 02.060. It is located where the Valley River and Hiwassee River come together. Highways 64, 74, and 19/129 are the major roadways.

Directions to Murphy from internet sources such as Rand McNally and MapQuest tend to be down curvy routes.  Although the distance may be shorter, they tend not to be the best – especially coming from our South. You can get the best directions to Murphy NC here.

Population

The city limits of Murphy have a mere 1,568 people. Albeit a small number, if you were to step back and look at the entire area referred to as Murphy (the entire zip code 28906), it has 16,454 people who call these mountains home. All of Cherokee County NC has a total population of 24,298.

The People of Murphy

When you’re looking to move to Murphy or buy an investment and/or second home property, it’s very important to know what to expect from the folks in Murphy.  Locals are some of the kindest and most generous people you’ll meet. They are open to newcomers and don’t shun people. Being in the heart of the Bible Belt, a large portion of people are religious and attend a wide variety of churches with varying denominations. The bottom line is, you’ll meet a lot of people who will become lifelong friends before you know it!

Downtown

A Bird’s Eye View of Downtown Murphy, NC

Downtown Murphy has tons to offer! It’s one of the few downtowns that is walkable and full of great shops! You can easily park your car downtown and walk to every store downtown has to offer. There are many great options that include, and are certainly not limited to, a bakery, quilting shop, auto parts store, hardware and supply, shoe repair and shoe shop, antiques, sporting goods, women’s botique, coffee shop, book store, candy store, furniture store, drug store, and much more. You’ll enjoy it!

Demographics

As of the census in 2000, Murphy was made up of 89.60% white, 5.48% African American, 1.28% Native American, 1.34% Asian, 1.15% from other races, and 1.15% from two or more races. Hispanic or Latino of any race were 2.87% of the population.

Real Estate

Real estate is one thing The POLTROCK TEAM knows well! View many of the common types of real estate for sale here. If you would like for us to search for specific property for you, let us know! You can call toll free at 1-866-Murphy-NC or 1-866-687-7496 or email me at JohnPoltrock@gmail.com . You are also welcome to use our online Contact.

History

Murphy was named for the North Carolina Politician, Archibald Murphey. Murphy originally started along the trading path known as the Unicoi Turnpike which connected the Cherokee lands east of the mountains with the “Overhill Towns” of Tennessee. Once the Indians were removed in 1836 across the Trail of Tears, the US Army built Fort Butler in what is today Murphy. Fort Butler was used as the main collection point for the Cherokee on the eastern side of the mountains. They were moved from Fort Butler, across the Unicoi Turnpike, and then to Fort Cass (which is now Charleston, Tennessee). Today, the Unicoi Turnpike is better known as Joe Brown Highway.

The site where Murphy is now located at along the Hiwassee River was known to the Cherokee Indians as Tlanusi-yi, which translates to the Leech Place. This name originated from a legend about a giant leech name Tlanusi that lived in the river.

Neat Facts

Murphy is closer to the capitals of six other states than it is its own state capital in Raleigh. The capitals of Georgia, Alabama, Tennessee, South Carolina, Kentucky, and West Virginia are all closer than Raleigh.

Eric Rudolph, the fugitive who was responsible for the 1996 Olympic bombing in Atlanta, GA was arrested in Murphy by the Murphy Police Department after a futile, extensive FBI search. He was found behind Save-a-Lot grocery store.

Murphy, NC is rated by Forbes in the Top 10 list of up and coming vacation home markets.

There’s a rumor, albeit unsubstantiated, that President Lincoln’s Father is buried at the old Harshaw Chapel.

Mark Deweese, All-American Cross Country and Track athlete was both born and played at Murphy High School.

Carl Pickens, legendary football star, is a Murphy prodigy of years past.

Visit the Town of Murphy NC’s Official Website

Written By: John Poltrock, Certified Residential Specialist – www.MyMurphy.comJohnPoltrock@gmail.com – Call us Toll-Free at 1-866-Murphy-NC or 1-866-687-7496

References and Sources
Cherokee County Mapping Department
The 2000 U.S. Census