Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    7 Acres in Puett Cove Title is generated by Realmo AI

    7.0 Ac Laurel Drive, Marble, NC 28905

    View on Map
    Claim this Listing
    For Sale
    $229,900

    Vacant Lot - Marble, NC

    Lot size:
    7.00 Acres
    Added:
    Dec 16, 2025
    Days on Market:
    156
    Last Refresh:
    May 21 at 8:06 pm

    Property Features for 7.0 Ac Laurel Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    5534-00-30-4645-000
    Lot size
    7.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Lee Beal
    Lee Beal

    Listing agent Lee Beal

    Listing office BIG Realty! 889 West US 64, Murphy, NC

    Listing date Dec 16, 2025

    MLS# 420732 Listing URL

    Copyright © 2026 Northeast Georgia Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Expansive 1.7‑acre parcel offering 180‑degree, long‑range mountain views and west‑facing sunsets.
    • Conveniently located near Harrah's Valley River Casino, WNC Erlanger Hospital, and Tri‑County Community College.
    • Easy, rolling terrain with potential for multiple building sites, suitable for a home, garage, workshop, mini‑farm, or guest cabin.
    • Expired restrictions offer building freedom.
    • Enjoy a quiet and serene subdivision with year‑round, easy access and a thoughtfully maintained community atmosphere.
    • Close proximity to Murphy NC, Hayesville NC, and the Nantahala National Forest.

    Overview

    This 7-acre parcel is located in the Puett Cove Estates Subdivision in Western NC. The rolling, wooded property offers 180-degree, long-range mountain views, including west-facing sunsets. The terrain allows for multiple building sites, offering flexibility for designing a home, garage, workshop, mini-farm, or guest cabin. Expired restrictions provide freedom to create a private getaway, establish a homestead, or hold land as an investment. The subdivision offers a quiet and serene atmosphere with year-round access. It is located near Harrah's Valley River Casino, WNC Erlanger Hospital, and Tri-County Community College. The property is a short drive from Murphy NC, Hayesville NC and the Nantahala National Forest. The Appalachian region hosts seasonal festivals, boutiques, and local restaurants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Marble
    County
    Cherokee
    State
    North Carolina
    Longitude
    -83.9225
    Latitude
    35.1506

    Nearby Similar for Sale

    • $33,000

      Mountain View Vacant Lot

      Vacant lot with mountain views near Murphy and Andrews, NC.
      Lot 43 Silo View, Marble, NC 28905
      View Details
    • $388,888
      1,500 SF

      Turnkey Diner/Restaurant on 2.74 Acres

      Diner/Restaurant in Marble, NC, ready for new ownership.
      7460 Highway 141, MARBLE, NC 28905
      View Details
    • $28,000

      Marble, NC Vacant Lot

      1.41-acre lot ideal for mountain getaway or short-term rental.
      Lot 111c Puett Cove Estates, Marble, NC 28905
      View Details
    • $45,900

      Vacant Lot in Gated Community

      0.99 acre lot with water and electric available.
      Aster Trail, Marble, NC 28905
      View Details
    • $355,000

      17.85 Acres Valley River Property

      17.85-acre property with river frontage near Murphy and Andrews.
      Tomotla Road, MARBLE, NC 28905
      View Details
    • $49,900

      Wooded Land in Marble, NC

      Two-acre wooded land with cleared homesite in Marble, North Carolina.
      Mountain Top Road lot: 36, Marble, NC 28905
      View Details
    • $1,250,000

      27 Acres Mountain Retreat Land

      Private mountain land with homesites, creeks, and waterfall.
      85 Brown Lane, , NC 28905
      View Details
    • $145,000

      2.52 Acre Wooded Lot

      Vacant lot with foundation and septic system in place.
      2083 Day Lily Drive, Marble, NC 28905
      View Details
    • $65,000

      Riverfront Mountain Property in Marble

      5.09+/- acres of wooded property with Valley River frontage.
      Tbd Turkey Walk Drive, Marble, NC 28905
      View Details
    • $1,200,000

      Farmland, Woodland, Riparian Habitat Opportunity

      102.64 acres of farmland, woodland, and riparian habitat.
      3480 Airport Road, MARBLE, NC 28905
      View Details
    • $219,800

      Acreage in Valley River Vista

      39.95 acres of land with development potential.
      Jasmine Drive, MARBLE, NC 28905
      View Details
    • $249,000

      Unrestricted Land in Marble, NC

      6.4 acres of unrestricted land near US Hwy 19/74/129.
      Marble Plant Road, MARBLE, NC 28905
      View Details

    FAQs

    What type of property is this?
    Land - 7-acre lot with mountain views in Puett Cove Estates.
    Where is this land located?
    The property is located at 7.0 Ac Laurel Drive Marble, NC.
    What is the asking price?
    The asking price for this property is $229,900.
    What are key features of this property?
    This property features: Expansive 1.7‑acre parcel offering **180‑degree, long‑range mountain views** and **west‑facing sunsets**.; Conveniently located near Harrah's Valley River Casino, WNC Erlanger Hospital, and Tri‑County Community College.; Easy, rolling terrain with potential for multiple building sites, suitable for a home, garage, workshop, mini‑farm, or guest cabin.
    (828) 361-4540
    We can help!
    Listing Contact
    Lee Beal
    Lee Beal
    Real Estate License ID: 335781
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7.0 Ac Laurel Drive, Marble, NC 28905
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!