540 Reserve Est
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)
Homes for sale near 540 Reserve Est
Apartments for Rent
Local Information
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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 26, 2025
Home Highlights
Parking
Open Parking
Outdoor
Porch, Patio, Deck
A/C
Heating & Cooling
HOA
$83/Monthly
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 540 Reserve Est
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Interior Details Basement: Full,Finished,Walk-Out AccessNumber of Rooms: 11Types of Rooms: BasementWet Bar |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 3Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 2911 Square Feet |
Appliances & Utilities Appliances: Refrigerator, Range, Washer, Dryer, Microwave, Dishwasher, Electric Water HeaterDishwasherDryerLaundry: Washer/Dryer ConnectionMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Electric,Heat Pump,DuctlessHas CoolingAir Conditioning: Central Air,ElectricHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: Great Room, Gas Log, BedroomHas a Fireplace |
Windows, Doors, Floors & Walls Window: Double Pane WindowsFlooring: Tile, Carpet, Hardwood |
Levels, Entrance, & Accessibility Stories: 1Levels: One and One HalfFloors: Tile, Carpet, Hardwood |
View Has a ViewView: Lake, Excellent View |
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Exterior Home Features Roof: CompositionPatio / Porch: Deck/Patio, Porch, ScreenedExterior: GardenFoundation: OtherGarden |
Parking & Garage No Attached GarageHas Open ParkingParking: Paved,No Garage |
Frontage Road Surface Type: Paved |
Water & Sewer Sewer: Septic Tank |
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Year Built Year Built: 2005 |
Property Type / Style Property Type: ResidentialProperty Subtype: Residential, Single Family ResidenceArchitecture: Chalet |
Building Construction Materials: Frame, Stone, Wood Siding |
Property Information Condition: ExcellentParcel Number: 458214449863000 |
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Price List Price: $629,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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MLS Status: Sold |
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Direction & Address City: MurphyCommunity: Lakeview At Tarheel |
School Information Elementary School District: CherokeeJr High / Middle School District: CherokeeHigh School District: Cherokee |
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Building Area Building Area: 2911 Square Feet |
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Community Features: Gated |
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HOA Fee Includes: Road Maintenance, WaterHas an HOAHOA Fee: $1,000/Annually |
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Lot Area: 0.83 acres |
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Listing Terms: Conventional, Cash |
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BasementMls Number: 152955Attic: NoneWater ViewWater View: LakeAttribution Contact: 8288352334 |
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Gated |
Last check for updates: about 7 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
Source: Mountain Lakes BOR, MLS#152955

Price History for 540 Reserve Est
| Date | Price | Event | Source |
|---|---|---|---|
| 06/26/2025 | $617,000 | Sold | Mountain Lakes BOR #152955 |
| 06/06/2025 | $629,000 | Pending | Mountain Lakes BOR #152955 |
| 06/04/2025 | $629,000 | Listed For Sale | Mountain Lakes BOR #152955 |
| 08/30/2019 | $324,800 | Sold | NGBOR #290012 |
Property Tax and Assessment
| Year | 2019 |
|---|---|
| Tax | |
| Assessment | $247,870 |
Home facts updated by county records
Comparable Sales for 540 Reserve Est
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.73 | Single-Family Home | $481,000 | 05/07/26 | 2 | 3 | 2,016 | |
0.90 | Single-Family Home | $342,000 | 07/01/25 | 2 | 2 | 1,434 |
Assigned Schools
These are the assigned schools for 540 Reserve Est.
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Copyright Mountain Lakes Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
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540 Reserve Est, Murphy, NC 28906 is a 3 bedroom, 3 bathroom, 2,911 sqft single-family home built in 2005. This property is not currently available for sale. 540 Reserve Est was last sold on Jun 26, 2025 for $617,000 (2% lower than the asking price of $629,000).

