138 Falling Waters Ln, Murphy, NC 28906
OFF MARKET

138 Falling Waters Ln
Murphy, NC 28906

  • 3 Beds
  • 2 Baths
  • 2,510 sqft (on 1.18 acres)

$339,500

Trulia Estimate
as of May 15, 2026
Est. Refi. Payment $1,904/mo*
Refinance Your Home

$339,500

Trulia Estimate
as of May 15, 2026
Est. Refi. Payment $1,904/mo*
Refinance Your Home
3 Beds
2 Baths
2,510 sqft
(on 1.18 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Don't miss out on this charming cottage nestled in the woods.This home offers main level living that is open and bright. The living room has a wood burning stone fireplace, and opens up to a lovely deck to enjoy the sounds of nature.Two bedrooms and bath are on the main level, and the master bedroom suite, bath and walk-in closet is on the upper level. The lower level has a family room for the kids to play and a large laundry room. There's plenty of parking and a one car garage. The home has many upgrades including a new roof. The kitchen has been updated. The home has also been freshly painted. Great for a vacation rental or a full-time home. Close to hospitals and Harrah's Casino. Home is in a great neighborhood and on a dead end street
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 21, 2025

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago

Home Details for 138 Falling Waters Ln

Interior Features

Interior Details
Basement: FinishedNumber of Rooms: 3Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 2510 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Refrigerator, Dryer, Washer, Electric Oven/Range, Electric Water HeaterDishwasherDryerRefrigeratorWasher
Heating & Cooling
Heating: PropaneHas CoolingAir Conditioning: Central ElectricHas HeatingHeating Fuel: Propane
Fireplace & Spa
Fireplace: Wood BurningHas a Fireplace
Windows, Doors, Floors & Walls
Window: Other Windows (See Remarks)Door: Other Doors (See Remarks)Flooring: Carpet, Hardwood
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: ShinglePatio / Porch: DeckOther Structures: Detached Additional Living Space
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1No CarportHas a GarageNo Attached GarageParking: Garage-Single Detached
Frontage
Road Frontage: None
Water & Sewer
Sewer: Septic Tank
Surface & Elevation
Elevation Units: Feet

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: ResidentialProperty Subtype: ResidentialArchitecture: Cottage
Building
Construction Materials: Other
Property Information
Parcel Number: 447900577252000

Price & Status

Price
List Price: $299,000

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: MurphyCommunity: Lance Sub

Building

Building Area
Building Area: 2510 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 1.18 Acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

BasementMls Number: 26025233Living Area Range: 1801-2000Living Area Range Units: Square FeetAttic: NoneAttribution Contact: 8885849431
Last check for updates: about 9 hours ago
Listed by Sharon Stovall
Exp Realty, LLC (Mls Only)
Bought with: Board Member Non, Non Board Office
Source: Carolina Smokies MLS, MLS#26025233

Price History for 138 Falling Waters Ln

DatePriceEventSource
05/22/2023$299,000Sold
Carolina Smokies MLS #26025233
03/23/2023$299,000ContingentCarolina Smokies MLS #26025233
03/20/2023$299,000PriceChange
Carolina Smokies MLS #26025233
02/08/2023$309,000PriceChange
Carolina Smokies MLS #26025233
01/04/2023$319,000Listed For SaleCarolina Smokies MLS #26025233
11/02/2022ListingRemovedCarolina Smokies MLS
10/07/2022$324,900PendingToActiveCarolina Smokies MLS #26025233
10/03/2022$324,900ContingentCarolina Smokies MLS #26025233
09/03/2022$324,900PriceChange
Carolina Smokies MLS #26025233
06/09/2022$348,000PriceChange
Carolina Smokies MLS #26025233
05/15/2022$358,000Listed For SaleCarolina Smokies MLS #26025233
12/31/2021$260,000Sold
NGBOR #311450
11/15/2021$269,900PendingMountain Lakes BOR #139256
10/21/2021$269,900Listed For SaleMountain Lakes BOR #139256
08/08/2019$1,400ListingRemovedAgent Provided
04/25/2019$1,400Listed For RentAgent Provided
10/28/2018$1,400ListingRemovedAgent Provided
09/13/2018$1,400Listed For RentAgent Provided
09/05/2018$148,000Sold
N/A
08/15/2018$159,900PendingAgent Provided
08/02/2018$159,900PriceChange
Agent Provided
08/01/2018$169,000Listed For SaleAgent Provided
05/22/2014$134,800Sold
NGBOR #237984
12/07/2006$172,000Sold
N/A
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Property Tax and Assessment

Year2025
Tax
Assessment$151,470
Home facts updated by county records

Comparable Sales for 138 Falling Waters Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
131 Hills And Hollows Rd, Murphy, NC
0.07
Single-Family Home
$270,000
09/22/25
3
2
1,350
349 Deer Pasture Ln, Murphy, NC
0.26
Single-Family Home
$392,500
05/12/26
3
3
2,599
1105 Old Evans Rd, Murphy, NC
0.34
Single-Family Home
$364,000
12/12/25
2
1.5
1,222
4 Dreskin Rd, Murphy, NC
0.42
Single-Family Home
$275,000
10/07/25
2
2.5
1,320
315 Evans Holw, Murphy, NC
0.50
Single-Family Home
$287,000
01/09/26
2
2
1,050
329 Hy Cobb Dr, Murphy, NC
0.37
Single-Family Home
$276,500
11/14/25
2
2
1,224

Assigned Schools

These are the assigned schools for 138 Falling Waters Ln.
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The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Murphy

At least 79 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 83 % Say there's wildlife

  • 80 % Say yards are well-kept

  • 76 % Say parking is easy

  • 76 % Say it's quiet

  • 73 % Say there's holiday spirit

  • 64 % Say they plan to stay for at least 5 years

  • 63 % Say people would walk alone at night

  • 61 % Say neighbors are friendly

  • 55 % Say it's dog friendly

  • 39 % Say kids play outside

  • 32 % Say there are community events

  • 23 % Say streets are well-lit

  • 21 % Say it's walkable to restaurants

  • 19 % Say there are sidewalks

  • 13 % Say it's walkable to grocery stores

Learn more about our methodology.
  • Liza G Ovington
    "Not sure but it seems like there are lots of places to take your dogs on leash. Although many of the roads have no shoulder"
    0
    Flag
  • Bigliz14
    "Great place to live and raise a family . People are friendly and atmosphere in this town is fantastic "
    0
    Flag
  • Trulia User
    "A little congested but roads are kept clean and safe in the winter the roads are well maintained. I would recommend living in Murphy "
    0
    Flag
  • Mary Obryan
    "No this is a rural area with no public transportation. There is no need for it generally speaking. There is a community transport that will pick up people at their homes I believe."
    0
    Flag
  • Laurence Wood
    "Good schools a growing town with opportunities for all! Every day is like vacation with all the amazing places to go to!"
    2
    Flag
  • Laurence Wood
    "No traffic jams Service people are slow to come out but it’s part of the slower pace of life we enjoy "
    1
    Flag
  • Laurence Wood
    "A fast growing town and you need to expect long drives for services and stores. Medical care is difficult to find close by. We love our town and get upset when new residents try to change our culture "
    0
    Flag
  • Barbara Ratterree
    "Country living. People are private but willing to help others. Most homes around me are homesteads or farms. "
    1
    Flag
  • KatieB
    "Most people don’t walk their dogs they let them run loose or keep them fenced, those who do walk their dogs are usually friendly and always say hello! "
    1
    Flag
  • Irving R.
    "vehicle is a must have commodity to get around when you live out of the town city limits. Unless you like to walk or ride a bike. They're are few other drawbacks as well. Communicating by cell phone is not very good around the countryside, lacking cell towers. This is a problem, even trying to get on the internet. Somedays are better than others but still we have poor reception. Other than that we have the beautiful outdoors. We can enjoy going to the national forest for hiking, camping, hunting, fishing or just driving around the back roads and enjoy scenery as well as wildlife. Living outside the city's limit might have it's drawbacks but you take the good and the bad as it comes and make the best of it."
    0
    Flag
  • Kristyleew49
    "Love Murphy! The people, the mountains, the town are all amazing! No attitudes, just good people looking out for each other!"
    0
    Flag
  • Michelle R.
    "We just stay socialized with each other and van together when necessary. The kids are what keeps the community a whole. "
    0
    Flag
  • Michelle R.
    "We all ban together and make it about the kids. Lots of summer fun. When problems arise within the community we solve together as a team until things are fixed. "
    1
    Flag
  • Mesa2617
    "Live music at local pub and restaurants. Friendly staff is several local stores and restaurants. The town of Murphy felt really welcoming. "
    1
    Flag
  • Errol D.
    "Very beautiful place to live and quiet, very kid friendly. I been here for some years really nicely place to be "
    0
    Flag
  • TiffanyTabor
    "we need some really nice dog parks! People need to be more accountable for their dogs! There us no place to take to your dog where they can run, swim and play safely!"
    0
    Flag
  • Kimkoogler
    "I've lived here for 7 years. I love every beautiful road. mountain views, lake views, great food. it's a beautiful place to live."
    0
    Flag
  • Pprzonek
    "the beautiful mountain views, the wonderful change of the seasons.The small city feel and how nice the people are to each other"
    30
    Flag
  • Gloria Geringer
    "I like it because it's quite. No lights outside, except for what's on the house and carport. What I don't like is everyone's dogs run free. I take mine out on a leash."
    5
    Flag
  • Cindyandchuck
    "Concerts, yard sales, boat and golf cart parades, fireworks with live music. Tennis, pool and marina"
    9
    Flag
  • Bsfrazee
    "Every one knows every one. People watch each others place when they are out of town or checks in on one another if your sick. I have vacationed here for a few years now staying with friends but now would love to own a piece of paradise !!!"
    0
    Flag
  • NolaR
    "One Neighbor has a hostile dog. I don't feel safe walking by his house. There is still enough areas to walk your pet."
    0
    Flag
  • Jjoachiltz
    "There is no leash law here so watch your children and your pets closely!! Our dog was attacked and killed by 2 dogs in our neighborhood. There was nothing we could do about it. "
    0
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  • Steve B.
    "Murphy, NC is a small community with all the basics (yes, including Walmart). There is a lot to do or you can relax and enjoy the beauty of the mountains. Winters are NOT harsh, however, you will need warm clothing. You can enjoy the wildlife from your back deck or walk the many trails throughout the county. Although Murphy will have a Casino come the Summer of 2015; it will have little impact on the quality of life."
    0
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  • Wendy B.
    "It only mentions one high school but we have TCEC which is the best school in N.C.! Your kid will graduate with all honors AND an associates degree! Best place to raise a child EVER! Safe, peaceful place!"
    0
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  • Wendy B.
    "I live here and think Murphy and surrounding areas are heaven on earth. Beautiful, friendly, amazing environment to raise your kids! 9th grade up offers TCEC, a small FREE high school that will have your child graduate with honors AND and Associates Degree! Loving teachers! "
    0
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Copyright Carolina Smokies Association of Realtors & MLS. All rights reserved. Information is deemed reliable but not guaranteed.

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138 Falling Waters Ln, Murphy, NC 28906 is a 3 bedroom, 2 bathroom, 2,510 sqft single-family home built in 1982. This property is not currently available for sale. 138 Falling Waters Ln was last sold on May 22, 2023 for $299,000 (0% higher than the asking price of $299,000). The current Trulia Estimate for 138 Falling Waters Ln is $339,500.