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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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400 Harbor Cove Ln , Murphy, NC 28906
$3,400,000
Est. Payment: $17,520.90/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 48
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Rare opportunity on Lake Hiwassee to own a thriving full-service marina with unlimited potential! This successful waterfront marina features 60 covered boat slips, providing exceptional protection and convenience for boat owners. The property includes extensive dry storage for boats and trailers, a fuel pump station, and several rental boats that convey with the sale, creating multiple income streams from day one. Property has also been permitted for an additional 30 docks and floating store. What truly sets this offering apart is the additional 37.93 acres of access property included in the sale. With expansive shoreline and breathtaking water views, the possibilities are endless. Build your dream private lakefront estate, create a luxury waterfront community, develop vacation rentals, or expand the marina operation. You can develop the 37.93 acres into homesites and guaranty a boat slip with every home site. The combination of an established income-producing business and substantial development acreage makes this a one-of-a-kind investment opportunity. If you ask most people what they want from a mountain lake, they'll describe Lake Hiwassee perfectly without ever having been here. They want clear water, forested hills rising directly from the shore lake. Just the mountains, and the sound of water. Lake Hiwassee is that lake. With 93% of its shoreline controlled by U.S. Forest Service, it is one of the most pristine and permanently protected bodies of water in the entire eastern United States. Whether you're an investor, developer, or entrepreneur seeking a premier waterfront property, this exceptional marina offers the perfect blend of current cash flow and future growth potential. Don't miss your chance to own a landmark lakefront destination with endless possibilities.

Highlights

Listed by The Dupree Real Estate Group , 828-361-1027 REMAX Town & Country - Murphy , 828-835-2334. Hive MLS mls logo

Property Type

Business Opportunity

Lot/Acreage
37.93

County

Cherokee

Neighborhood

None

Listing ID

100581421

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Other:Well

Exterior Features

Lot:Undeveloped,Outside City Limits
Lot Dimensions:0
Zoning:None
Parking Features:Gravel,On Site
Principal Interest
$17,521
Taxes
$2,168

Home Price

$3,400,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$680,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,520.90

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,520.90 $2,167.50 $0.00 $19,688.40
Yearly $210,250.80 $26,010.00 $0.00 $236,260.80
Total $6,307,523.98 $780,300.00 $0.00 $7,087,823.98

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Murphy, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Hive MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-01T19:50:55.000Z

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