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$749,000
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Property Description
Located in the desirable Fain Peak community, this stunning new construction home, completed in 2026, offers breathtaking mountain views, premium finishes, and exceptional indoor-outdoor living. Designed for comfort and style, this 3 bedroom, 3 bath residence offers thoughtfully crafted living space in one of Murphy's most sought-after mountain settings. The open concept floor plan welcomes you with warm wood flooring, soaring living spaces, and a beautiful gas fireplace that serves as the centerpiece of the home. The gourmet kitchen is appointed with granite countertops, custom cabinetry, and ample workshop, while matching granite surfaces in all bathrooms add a touch of elegance throughout. The spacious primary suite and well designed guest accommodations provide comfort and privacy for family and visitors alike. Downstairs, a finished basement includes a generous 35x24' bonus room, ideal for a media room, home office, or recreation area plus an additional bedroom and bath. Enjoy mountain living year-round from three covered porches, offering multiple spaces to relax, entertain, and take in long-range mountain views and natural beauty that surround the property.
Full Property Details
Full Property Details for 340 Fain Peak
General
- Price: $749,000
- HOA FEE: $17/month
- HOA FEE FREQ.: Annually
- Taxes: $248 (2025)
- Status: Active
- Type: Single Family
- Source: 2253
- MLS ID: 100584983
- Updated: 6/28/2026
- Added to Site: 10 day(s) ago
Interior
- Number of Rooms: 6
- Interior Features: High Ceilings, Kitchen Island, Ceiling Fan(s), Walk-in Shower, Wired for Data
- Appliances: Electric Oven, Built-In Microwave, Refrigerator, Disposal, Dishwasher, Electric Range
- Furnishings: Unfurnished
- Flooring: Wood, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
- Primary Bedroom: Primary Living Area
Other Rooms
- Laundry: Dryer Hookup, Washer Hookup, Laundry Room, Utility Sink
Additional Information
- Shared Amenities: Maintenance Common Areas, Maintenance Roads
Exterior
- Exterior Features: Gas Log
- Porch/Patio/Deck: Covered, Deck, Patio, Front Porch, Rear Porch
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Garage Faces Front, Attached, Concrete, Garage Door Opener, Garage
Location
- County: Cherokee
- Subdivision: Fain Peak
- Driving Directions: Take Peachtree Street out of Murphy to right on Reserivor Road and immediate left on Fain Peak. House is on the right.
School Information
- Elementary School: Murphy
- Middle School: Murphy Middle
- High School: Murphy High School
Community
- Association: Yes
- Assoc. Name: Fain Peak Subdivision
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Heat Pump, Multi Units
- Heating Type: Propane, Heat Pump, Fireplace Insert, Electric
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: Water Connected, Water Tap Paid, High Speed Internet
Structural Information
- Structure Type: Wood Frame, Stick Built
- Construction: Wood Siding, Wood Frame
- Basement Desc.: Exterior Entry, Finished, Full
- Roof: Metal, Shingle
- Windows: Thermal Windows
- Entry Floor Number: 1
- Square Feet: 2,432
- Year Built: 2026
Lot Features
- Lot Size (Acres): 1.14
- Lot Size (Sq. Ft.): 49,658
- Frontage: Private Road, Asphalt
- Lot Features: Interior Lot, Subdivided
- Zoning: Residential
- Fencing (Description): None
Green Features
- Building Certification: None
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $307.98
- Association Fee: $200
- Assoc Fee Freq.: Annually
- Assessment Amount: $35,000
- Tax Amount: $248.15
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Standard
- Legal Description: Lot 9 Fain Peak Subdivision containing 1.14 acres
- Property ID: 459314446313000
- Lot Number: 9
Listed by Nantahala Real Estate, Gayle Horton
Get Pre-Approved Today
Schools
Schools serving 340 Fain Peak
School District:Cherokee County Schools
| Name | Grades | Distance |
|---|---|---|
Murphy Elementary 315 Valley River Avenue, Murphy, NC 28906 | PK-5 | 1.6 mi |
Murphy Middle 65 Middle School Drive, Murphy, NC 28906 | 6-8 | 1.5 mi |
Murphy High 234 High School Circle, Murphy, NC 28906 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 340 Fain Peak
Date
Details
Price
Change
Source
6/27/2026
Listed
$749,000
1726.83%
MLS
3/19/2024
Sold
$41,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 340 Fain Peak
Year
Property Taxes
Change
Tax Assessment
Change
2025
$248
—
$35,000
—
2022
$248
20%
$35,000
—
2021
$207
100%
$35,000
—
2020
-100%
$35,000
1%
2019
$215
—
$34,700
—
2017
$215
—
$34,700
—
2016
$215
—
$34,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 340 Fain Peak
340 Fain Peak, Murphy, NC 28906 (MLS# 100584983) is a Single Family property with 3 bedrooms and 3 full bathrooms. 340 Fain Peak is currently listed for $749,000 and was received on June 27, 2026. Want to learn more about 340 Fain Peak? Do you have questions about finding other Single Family real estate for sale in Murphy? You can browse all Murphy real estate or contact a Coldwell Banker agent to request more information.

