5 Colonial Loop, Murphy, NC 28906
OFF MARKET

5 Colonial Loop
Murphy, NC 28906

  • 3 Beds
  • 3 Baths
  • 2,240 sqft (on 1.07 acres)

$418,100

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,392/mo*
Refinance Your Home

$418,100

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,392/mo*
Refinance Your Home
3 Beds
3 Baths
2,240 sqft
(on 1.07 acres)

Local Information

  • Map ViewExplore the area around 5 Colonial Loop.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2008
Lot Size
1.07 acres
Living Area
2,240 sqft
Price/Sqft
$187

About this House

Awesome, elegant mountain home, located in The Overlook at Martins Creek.3BR/3BA log style with stone & cedar shake outside décor, full covered front porch, open side sundeck, and a covered back porch. Custom designed eat-in kitchen with granite countertops & stainless appliances. Lots of windows to enjoy the mountain scenery. Sits on private knoll with level front yard, easy access in & out of home. Gated community with outdoor pavilion and built-in fireplace is PERFECT for your family get-togethers.
5 Colonial Loop, Murphy, NC 28906 is a 3 bedroom, 3 bathroom, 2,240 sqft single-family home built in 2008. It last sold for $212,000 on Jul 17, 2018. More recently, it was listed as a rental in April 2015 with an asking price of $1,200 per month. That rental listing was removed on May 6, 2015. It is currently off market. The Trulia Estimate is $418,100, with a rent estimate of $2,237/month.

Home Details for 5 Colonial Loop

Interior Features

Interior Details
BasementTypes of Rooms: Walk In Closet
Heating & Cooling
Heating: Heat Pump, Other, ElectricAir ConditioningCooling System: CentralHeating Fuel: Heat Pump
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood
Appliances & Utilities
DishwasherDryerMicrowaveWasher
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: WoodFoundation Type: OtherPatio
Parking & Garage
Parking: On Street

Property Information

Year Built
Year Built: 2008
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Lot Information

Lot Area: 1.07 acres

Price History for 5 Colonial Loop

DatePriceEventSource
10/11/2019$219,500ListingRemovedAgent Provided
09/27/2019$219,500PendingAgent Provided
09/27/2019$219,500Listed For SaleAgent Provided
07/17/2018$212,000Sold
NGBOR #275437
05/11/2018$219,500PendingAgent Provided
04/18/2018$219,500PendingToActiveAgent Provided
03/26/2018$219,500PendingAgent Provided
02/12/2018$219,500PriceChange
Agent Provided
02/09/2018$224,500PendingToActiveAgent Provided
02/06/2018$224,500PendingAgent Provided
12/20/2017$224,500Listed For SaleAgent Provided
06/16/2017$258,500Sold
N/A
12/06/2016$275,000PriceChange
Agent Provided
12/05/2016$284,000Listed For SaleAgent Provided
11/01/2016$284,000ListingRemovedAgent Provided
05/06/2015$1,200ListingRemovedAgent Provided
04/28/2015$1,200Listed For RentAgent Provided
01/01/2015$284,000PriceChange
Agent Provided
10/12/2014$289,000PriceChange
Agent Provided
06/27/2014$299,000PriceChange
Agent Provided
06/24/2014$310,000PriceChange
Agent Provided
05/30/2014$319,000PriceChange
Agent Provided
04/05/2014$329,000Listed For SaleAgent Provided
03/04/2014$319,900ListingRemovedAgent Provided
01/29/2014$319,900Listed For SaleAgent Provided
07/09/2013$329,000ListingRemovedAgent Provided
03/17/2009$297,000Sold
Hive MLS #98500646

Market trends in Murphy

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$313K
$583MoM
Sale-to-List Price
97.5%
0.7%MoM
Price per sq ft
$202
$15MoM
Available listings
364
25MoM
Skip to last item
  • Results are loading
Skip to first item

Property Tax and Assessment

Year2025
Tax
Assessment$230,240
Home facts updated by county records

Comparable Sales for 5 Colonial Loop

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
590 Cedar Ridge Drive, Murphy, NC
0.33
Single-Family Home
$384,950
08/19/25
2
3
1,641
125 Mountain Overlook Dr, Murphy, NC
0.53
Single-Family Home
$425,000
11/25/25
3
3
2,353
687 Point Overlook Trail, Murphy, NC
0.37
Single-Family Home
$425,000
07/31/26
2
2
1,220
383 Point Overlook Trl, Murphy, NC
0.12
Single-Family Home
$432,000
04/21/26
2
2
-
60 Meadow Branch Lane, Murphy, NC
0.72
Single-Family Home
$300,000
07/17/26
2
2
1,048
246 Serenity Pointe Dr, Murphy, NC
1.05
Single-Family Home
$482,000
12/11/25
2
3
2,581
310 Rising Fawn Lane, Murphy, NC
1.04
Single-Family Home
$436,000
07/31/26
2
3
2,233
818 Five Forks Dr, Murphy, NC
1.20
Single-Family Home
$447,000
07/07/26
3
3
2,236
40 Crab Apple Lane, Murphy, NC
1.21
Single-Family Home
$425,000
05/04/26
2
3
1,600
586 Stonebriar Dr, Murphy, NC
1.09
Single-Family Home
$350,000
10/30/25
3
2
1,458

Nearby homes

Get a sense of prices in the area by checking nearby homes.
Skip to last item
Skip to first item

Assigned Schools

These are the assigned schools for 5 Colonial Loop.
View nearby schools on GreatSchools
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

  • 31 % Say there are community events

  • 22 % Say streets are well-lit

  • 20 % Say it's walkable to restaurants

  • 19 % Say there are sidewalks

  • 12 % Say it's walkable to grocery stores

Sourced by Trulia users. 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"
    1
    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
    Flag
  • 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
    Flag
  • 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
    Flag
  • 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
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

Skip to last item
  • Results are loading
Skip to first item

Explore by feature - Air Conditioning

12 rentals with air conditioning in Murphy, NC

Explore by feature - Washer/dryer

11 rentals with a washer/dryer in Murphy, NC

Homes for sale near 5 Colonial Loop

Skip to last item
Skip to first item

Off Market Homes Near 5 Colonial Loop

Skip to last item
Skip to first item

Frequently asked questions about 5 Colonial Loop

  • What is 5 Colonial Loop estimated to be worth?
    Trulia's estimated value for 5 Colonial Loop in Murphy, NC is $418,100.
  • What is the price history for 5 Colonial Loop?
    5 Colonial Loop in Murphy, NC last sold for $212,000 in July 2018.
  • Is Murphy a buyer's or seller's market?
    Murphy is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Murphy?
    The median sale price in Murphy is $313K. That is up $583 from the prior month.
  • Does 5 Colonial Loop have air conditioning?
    Yes, 5 Colonial Loop in Murphy, NC has air conditioning.
  • Does 5 Colonial Loop have laundry facilities?
    Yes, 5 Colonial Loop in Murphy, NC has in-unit laundry.