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Land for Sale in Murphy, North Carolina

400 Harbor Cove Ln, Murphy, NC 28906

$3,500,000
38 acres
Active sale
ago
Est $23,911/mo

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.

Location

Street address
400 Harbor Cove Ln
Zip code
28906
Elevation
1,506 feet
Coordinates
35.1377, -84.1776

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.

Property details

Acreage
37.93 acres
MLS #
GAMLS 10785190
Posted

Property taxes

2026
$3,804

Parcels

  • 455409166493000

Details and features

Listing

Type
Commercial Sale
Franchise
RE/MAX International

Lot

Waterfront
Yes
Features
Interior Lot

Structure

Water
Well

Listing history

DateEventPriceChangeSource
June 13, 2026New listing$3,500,000GAMLS
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This 37.93-acre property is located at 400 Harbor Cove Ln in Murphy, NC 28906. The land is available for sale, priced at $3,500,000 — $92,275 per acre.

Listed by RE/MAX Town & Country, (770) 596-6599

Checked 2 hours agoUpdated

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