Description
Tucked into the trees in the Murphy mountains, 21 Cherry Mill Ln is a 1,196± SF cabin on 0.63± acre with big upside for the buyer who wants a value-add project in a peaceful setting. The home is livable as-is, but it's ready for renovation--perfect for an investor, second-home vision, or full-time mountain retreat. Enjoy outdoor living on the spacious deck, plus classic cabin character and a setting that feels private and quiet. Property essentials include electric, a shared well, and a septic system, plus the benefit of a low-cost community with an HOA of $365/year. Murphy is the charming Cherokee County seat, set where the Hiwassee and Valley Rivers meet, with deep Appalachian heritage and a welcoming downtown. Nearby, one of the area's biggest draws is Harrah's Cherokee Valley River Casino & Hotel, offering gaming, dining, and entertainment just a short drive away. Short-term rental potential: Buyer to verify STR eligibility. The home may be a strong candidate for a vacation/short-term rental (Airbnb/VRBO-style), subject to HOA/CCR restrictions and any county/town rules, permits, or registration requirements. In Cherokee County, rentals for periods of less than 90 days require hosts to collect and remit a 4 occupancy tax (in addition to NC sales tax) and file reports. Bring your contractor and creativity--this is a great chance to refresh a mountain cabin setting and build equity in a location that blends quiet surroundings with year-round amenities. Buyer must close with sellers attorney.
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2BEDS
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0.63ACRES
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2BATHS
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01/2 BATHS
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1,196SQFT
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$135$/SQFT
School Information
Description
Tucked into the trees in the Murphy mountains, 21 Cherry Mill Ln is a 1,196± SF cabin on 0.63± acre with big upside for the buyer who wants a value-add project in a peaceful setting. The home is livable as-is, but it's ready for renovation--perfect for an investor, second-home vision, or full-time mountain retreat. Enjoy outdoor living on the spacious deck, plus classic cabin character and a setting that feels private and quiet. Property essentials include electric, a shared well, and a septic system, plus the benefit of a low-cost community with an HOA of $365/year. Murphy is the charming Cherokee County seat, set where the Hiwassee and Valley Rivers meet, with deep Appalachian heritage and a welcoming downtown. Nearby, one of the area's biggest draws is Harrah's Cherokee Valley River Casino & Hotel, offering gaming, dining, and entertainment just a short drive away. Short-term rental potential: Buyer to verify STR eligibility. The home may be a strong candidate for a vacation/short-term rental (Airbnb/VRBO-style), subject to HOA/CCR restrictions and any county/town rules, permits, or registration requirements. In Cherokee County, rentals for periods of less than 90 days require hosts to collect and remit a 4 occupancy tax (in addition to NC sales tax) and file reports. Bring your contractor and creativity--this is a great chance to refresh a mountain cabin setting and build equity in a location that blends quiet surroundings with year-round amenities. Buyer must close with sellers attorney.
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