Waterfront
Address
400 Harbor Cove Lane, Murphy, NC
Price
$ 3,400,000
Property Attributes
- MLS#431477
- TypeCommercial
- Listing Status Active
- CountyCherokee
- CityMurphy
- AreaAr 9 Cherokee NC
- Zip28906
- StyleSee Remarks
- Price$ 3,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size37.93 Acres
Data Source:
Northeast Georgia MLS (NEGMLS)
Property 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 guarantee 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.
| Price History | |
|---|---|
| 6/12/2026 | Listed $3,500,000 |
| 7/19/2026 | 3$3,400,000 |
General Features
| Sewer | Septic Tank |
|---|---|
| Possession | Close Of Escrow |
| Property Subtype | Commercial |
| Parcel Number | 455409166493000 |
| Assoc Fee Paid Per | Annually |
| County | Cherokee |
| New Construction | false |
| Property Type | Commercial Sale |
| HOA | false |
| Status | Active |
| Directions | Take Hwy 64 West to a right onto Hwy 294. Follow to right onto Hiwassee Dam Access Rd. See Harbor Cove Marina sign on right and turn into Harbor Cove Lane and follow to the end. |
| City | Murphy |
| High School District | Murphy |
| MLS Area | Ar 9 Cherokee NC |
| Lot Size Units | Acres |
| Lot Size Square Feet | 1652230.8 |
| MLS Area Minor | Sub 5 |
| Virtual Tour | https://tour.usamls.net/400-Harbor-Cove-Lane-Murphy-NC-28906/unbranded |
| Building Area Units | Square Feet |
| Living Area Units | Square Feet |
| Standard Status | Active |
| Middle/Junior School District | Murphy |
| Elementary School District | Murphy |
| Freehold | IDX,BBO |
| Heating | None |
| Cooling | None |
| Architectural Style | See Remarks |
| Waterfront Features | Lake Front |
| Body of Water | Hiwassee |
| Roof | See Remarks |
| Construction Materials | See Remarks |
| Business Type | Marina |
| Property Condition | Resale |
| Business Name | Harbor Cove Marina |
Interior Features
| Air Conditioning Y/N | false |
|---|---|
| Heating Y/N | false |
| Below Grade Finished Area Unit Type | Square Feet |
| Above Grade Finished Area Unit Type | Square Feet |
| Flooring | See Remarks |
Exterior Features
| Lot Features | Other Location |
|---|---|
| Water Source | Well |
| Lot Size Area | 37.93 |
| Lot Size Acres | 37.93 |
| Road Surface Type | Gravel,Paved |
| Frontage Type | Lakefront |
| Waterfront Y/N | true |
| Road Frontage Type | See Remarks |
| Parking Features | Private,Gravel |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 28906
Price
Northeast Georgia Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC, and is updated as of September 23, 2026 3:58 PM UTC 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 Old Town Brokers shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any
