NOT LISTED FOR SALE

540 Reserve Estate Murphy, NC 28906

Murphy Area

Estimated Value: $598,166 - $733,000

3 Beds
3 Baths
2,911 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: June 26, 2025

Last sale price $617,000 $212 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,740 / mo

22 Days on Market

Highlights

  • Gated Community
  • Vaulted Ceiling
  • Porch
  • Lake View
  • Wood Flooring
  • Wet Bar

About This Home

As of June 2025

Show-Stopping Lake View Chalet with Luxury Furnishings + Designer Finishes only 3 miles from Downtown Murphy. Step into this turnkey mountain retreat where everything—from the lake-view porch swing to the antique walnut sideboard is included in the sale. The Great room features soaring tongue-and-groove ceilings and one of two stacked stoned fireplaces. The kitchen shines with brand-new stainless appliances and granite counters. A private guest bedroom and full bath complete the main level, while the loft hosts the primary suite with panoramic views, double vanity, and walk-in shower. The custom terrace level is a designer-finished entertainment zone with 100 year old heart-pine paneling and cabinetry anchored by a second stone fireplace, wet bar, additional bedroom, full bath, and bonus room complete with magazine-worthy interiors. Enjoy ultimate outdoor living with over 1600 sq.ft of covered porches and decks with high-end furnishings and fire-pit patio encircled by Adirondack chairs. Low-voltage landscape lighting, paved roads & driveway, tankless water heater and a 2019 HVAC are just a few extras that complete this well maintained property. A Recent appraisal (4/17/25) for $649,900 excluding furnishings and antiques offers instant built-in equity.

Last Agent to Sell the Property

Donna Srabian Team

REMAX Town & Country - Murphy Listed on: 06/04/2025

REMAX Town & Country - Murphy

Last Buyer's Agent

Kellie Coulter

Coldwell Banker High Country License #337416

Coldwell Banker High Country

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,609

Year Built

  • Built in 2005

Lot Details

  • 36,155 Sq Ft Lot
  • Garden

Home Design

  • Composition Roof
  • Wood Siding

Interior Spaces

  • 2,911 Sq Ft Home
  • 1.5-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Dining Area
  • Lake Views
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Range
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • No Garage
  • Paved Parking

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Shared Well
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 458214449863000

Community Details

Overview

  • Property has a Home Owners Association
  • Lakeview At Tarheel Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,609

Year Built

Built in 2005

Lot Details

0.83 Acres

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • View: Lake
  • Appliances: Built-In Microwave, Washer, Refrigerator, Range, Dryer, Dishwasher
  • Original List Price: 629000.00
  • Unit Levels: One and One Half
  • Living Area: 2911.00
  • List Price Per Sqft: 216.08
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Flooring: Carpet, Tile, Hardwood
  • Interior Amenities: Vaulted Ceiling(s), Ceiling Fan(s), Wet Bar, Basement
  • Laundry Features: Dryer Hookup, Washer Hookup
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Total Bedrooms: 11
  • Room Types: Dining Area
  • Bathrooms Total Source: Computed
  • Bathrooms Total Notational: 3.00
  • Attic Features: None

Exterior Features

  • Exterior Features: Garden
  • Exterior Finish: Wood Siding
  • Roof: Composition
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Foundation Details: Other
  • Patio And Porch Features: Porch, Screened

Garage/Parking

  • Has Attached Garage?: No
  • Has Attached Garage?: No
  • Parking Features: Paved, No Garage

Utilities

  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Water Source: Shared Well
  • Cooling: Central Air
  • Has Cooling?: Yes
  • Heating: Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Association Amenities: Gated, Maintenance Roads, Water
  • Has H O A?: Yes

Lot Info

  • Deed Book: 1622
  • Lot Number: 17
  • Zoning: Single Family
  • Lot Size Acres: 0.83
  • Lot Size: 0.83
  • Lot Size Sq Ft: 36155.00
  • Parcel#: 458214449863000
  • Permitted Use: Public

Tax Info

  • Tax Year: 2024
  • Tax Lot: 17
  • Tax Amount: 2609.11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2025
Closed on
Jun 23, 2025
Sold by
Bought by
Seller's Agent
Donna Srabian Team
REMAX Town & Country - Murphy
Buyer's Agent
Kellie Coulter
Coldwell Banker High Country
List Price
$629,000
Sold Price
$617,000
Premium/Discount to List
-$12,000
-1.91%
Current Estimated Value
$646,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,542
Avg. Annual Appreciation
4.43%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$617,000 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2025 06/26/25 Sold $617,000 -1.9% $212 / Sq Ft
06/04/2025 06/04/25 For Sale $629,000 +93.7% $216 / Sq Ft
08/30/2019 08/30/19 Sold $324,800 0.0% $116 / Sq Ft View Prior Sale
07/16/2019 07/16/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $324,800 -- $116 / Sq Ft
Source: Hive MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,609 $356,010 $0 $0
2024 $2,599 $356,010 $0 $0
2023 -- $356,010 $0 $0
2022 $0 $356,010 $0 $0
2021 $0 $356,010 $109,200 $246,810
2020 $0 $356,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 98534670

Hive MLS

APN: 458214449863000

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