540 Reserve Estates, Murphy, NC 28906
OFF MARKET

540 Reserve Estates
Murphy, NC 28906

  • 3 Beds
  • 3 Baths
  • 2,911 sqft (on 0.83 acres)
3 Beds
3 Baths
2,911 sqft
(on 0.83 acres)

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
98 Reserve Estates Ln, Murphy, NC
0.09
Single-Family Home
$630,000
05/26/26
3
5
3,208
98 Reserve Estates, Murphy, NC
0.09
Single-Family Home
$630,000
05/26/26
3
4
3,208
245 Dream Maker Ln, Murphy, NC
0.79
Single-Family Home
$445,000
10/31/25
3
4
2,729
1293 Tarheel Dr, Murphy, NC
0.59
Single-Family Home
$865,000
11/20/25
4
5
3,408
325 Trickling Branch Way, Murphy, NC
0.73
Single-Family Home
$481,000
05/07/26
2
3
-
1102 Ranger Rd, Murphy, NC
1.09
Single-Family Home
$355,000
10/24/25
2
2
1,430
319 Woodside Acres Dr, Murphy, NC
1.35
Single-Family Home
$480,000
02/23/26
5
4
3,370
1484 Cardinal Rd, Murphy, NC
0.99
Single-Family Home
$359,900
11/24/25
2
2
1,200
129 Crooked Ln, Murphy, NC
1.22
Single-Family Home
$238,500
12/15/25
2
2.5
1,602

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
Lot 15 Reserve Estates LOT 15, Murphy, NC 28906
0.04
-
-
-
-
Off Market
122 Reserve Estates Ln, Murphy, NC 28906
0.06
$1,141,700
6
5
7,837
Off Market
98 Reserve Estates Ln, Murphy, NC 28906
0.09
$630,000
3
3
3,208
Recently Sold
98 Reserve Estates, Murphy, NC 28906
0.09
$630,000
3
4
3,208
Recently Sold
66 Reserve Est, Murphy, NC 28906
0.12
$417,100
2
2
1,600
Off Market
66 Reserve, Murphy, NC 28906
0.13
$401,200
2
2
1,600
Off Market
0 Reserve Estates LOT 10, Murphy, NC 28906
0.12
$37,500
-
-
-
For Sale
Reserve Est, Murphy, NC 28906
0.12
$37,500
-
-
-
For Sale
9 Reserve Estates Lane LOT 9, Murphy, NC 28906
0.18
-
-
-
-
Off Market
2 Reserve Est, Murphy, NC 28906
0.19
-
-
-
-
Off Market
Farmers Top Dr, Murphy, NC 28906
0.25
-
-
-
-
Off Market

Local Information

  • Map ViewExplore the area around 540 Reserve Estates.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2005
Lot Size
0.83 acres
Living Area
2,911 sqft

About this House

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.
540 Reserve Estates, Murphy, NC 28906 is a 3 bedroom, 2,911 sqft single-family home built in 2005. It last sold for $617,000 on Jun 26, 2025 (2% below the $629,000 asking price). It is currently off market. The Trulia Estimate rent is $1,698/month.
Last check for updates: about 9 hours ago
Listed by Donna Srabian Team, (828) 557-5070
REMAX Town & Country - Murphy
Bought with: Kellie Coulter, (904) 728-8344, Coldwell Banker High Country
Originating MLS: Mountain Lakes Board of REALTORS®
Source: Hive MLS, MLS#98534670

Home Details for 540 Reserve Estates

Interior Features

Interior Details
Basement: Finished,Full,Walk-Out AccessNumber of Rooms: 11Wet Bar
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2911 Square Feet
Appliances & Utilities
Appliances: Built-In Microwave, Washer, Refrigerator, Range, Dryer, DishwasherDishwasherDryerLaundry: Dryer Hookup,Washer HookupRefrigeratorWasher
Heating & Cooling
Heating: Electric,Heat PumpHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Flooring: Carpet, Tile, Hardwood
Levels, Entrance, & Accessibility
Levels: One and One HalfFloors: Carpet, Tile, Hardwood
View
View: Lake

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: Porch, ScreenedExterior: GardenFoundation: OtherGarden
Parking & Garage
No Attached GarageParking: Paved,No Garage
Frontage
Road Frontage: PavedRoad Surface Type: PavedNot on Waterfront
Water & Sewer
Sewer: Septic Tank

Property Information

Year Built
Year Built: 2005
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood Siding
Property Information
Parcel Number: 458214449863000

Price & Status

Price
List Price: $629,000
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: MurphyCommunity: Lakeview At Tarheel

Building

Building Area
Building Area: 2911 Square Feet

HOA

HOA Fee Frequency (second): AnnuallyAssociation for this Listing: Mountain Lakes Board of REALTORS®Has an HOA

Lot Information

Lot Area: 0.83 acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

Mls Number: 98534670Attic: NoneWater ViewWater View: LakeAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetShowing Requirements: Lockbox

Additional Information

HOA Amenities: Gated,Maintenance Roads,Water

Price and Tax history

DateEventPrice
Jun 26, 2025
Source: Hive MLS #98534670
Sold
$617,000
Jun 6, 2025
Source: Mountain Lakes BOR #152955
Pending
$629,000
Jun 4, 2025
Source: Mountain Lakes BOR #152955
Listed For Sale
$629,000
Aug 30, 2019
Source: NGBOR #290012
Sold
$324,800

Market trends in Murphy

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$308K
$5KMoM
Sale-to-List Price
96.2%
1.3%MoM
Price per sq ft
$199
$3MoM
Available listings
357
8MoM

Around this home

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 80 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

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 2026-08-24 08:20:28 PDT. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Zillow, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2025-10-17 12:20:34 PDT Hive MLS

Frequently asked questions about 540 Reserve Estates

  • What is the price history for 540 Reserve Estates?
    540 Reserve Estates in Murphy, NC last sold for $617,000 in June 2025.
  • 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 $308K. That is down $5K from the prior month.
  • What do residents say about Murphy?
    Residents describe Murphy, NC as well-kept, easy to park in, and quiet. Most residents say you need a car. See recently sold homes in Murphy, NC.
  • Does 540 Reserve Estates have air conditioning?
    Yes, 540 Reserve Estates in Murphy, NC has air conditioning.
  • Does 540 Reserve Estates have laundry facilities?
    Yes, 540 Reserve Estates in Murphy, NC has in-unit laundry.

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Off Market Homes Near 540 Reserve Estates

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