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)

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

Description

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.
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 June 01, 2026

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
25 days ago

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
Last check for updates: about 10 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

Price History for 540 Reserve Estates

DatePriceEventSource
06/26/2025$617,000Sold
Hive MLS #98534670
06/06/2025$629,000PendingMountain Lakes BOR #152955
06/04/2025$629,000Listed For SaleMountain Lakes BOR #152955
08/30/2019$324,800Sold
NGBOR #290012

Market trends in Murphy

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$312K
$15.83KMoM
Sale-to-List Price
96.8%
0.1%MoM
Price per sq ft
$187
$2MoM
Available listings
339
17MoM
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Property Tax and Assessment

Year2019
Tax
Assessment$247,870
Home facts updated by county records

Comparable Sales for 540 Reserve Estates

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
221 Trickling Branch Way, Murphy, NC
0.76
Single-Family Home
$450,000
07/07/25
3
3
2,640
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

Nearby homes

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Assigned Schools

These are the assigned schools for 540 Reserve Estates.
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
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Apartments for Rent

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Explore by feature - Air Conditioning

15 rentals with air conditioning in Murphy, NC

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14 rentals with a washer/dryer in Murphy, NC

Homes for sale near 540 Reserve Estates

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Off Market Homes Near 540 Reserve Estates

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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 2025-10-17 12:20:34 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
540 Reserve Estates, Murphy, NC 28906 is a 3 bedroom, 2,911 sqft single-family home built in 2005. This property is not currently available for sale. 540 Reserve Estates was last sold on Jun 26, 2025 for $617,000 (2% lower than the asking price of $629,000).