143 Cove Lane

Investor Alert & Contractor Special! Fixer-upper cabin on 2.90 UNRESTRICTED acres in Murphy, NC. Situated on unrestricted, private, heavily wooded acres, this property gives you the ability to camp on the land, add a couple extra structures, renovate or create a cabin retreat. The property features easy access, close to the Ga. border and is approx. 15 minutes to downtown Murphy, grocery stores, local restaurants and Harrah's Cherokee Valley Casino. The existing cabin is a 2 bedroom, 1 and a half bath structure. Please note that a water pipe burst in Nov. 2025 and went undiscovered until Aug. 2026. Because of the extended timeline, significant mold and water damage are present and the home needs to be completely gutted. The property is being SOLD AS IS with absolutely no repairs made by seller. However, the home features a functional ramp for handicap access, chain link fencing, roof and gutters may still be salvageable. Priced aggressively, under $100k, this is a prime opportunity for the right buyer--ideally a contractor, builder or experienced investor, who can tackle a total rehab project at their own convenience and build instant equity. IMPORTANT SHOWING INSTRUCTIONS: Due to the condition of the home, all agents and potential buyers MUST sign a HOLD HARMLESS form before being granted access to the property. Wearing a mask during your visit is strongly advised.