Single Family Residence at Lake Lure
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$499,000

Lake Lure, NC 28746
Listed by Banff Luther · Agent Group Realty LLC
Bedrooms
3
Bathrooms
1
Living area
1,091 sqft
Year built
1940

About this home

Price Reduction! Bring all Offers! Turn Key and Ready to Go! Lake Lure's hidden gem and the most affordable home with waterfront property on the market!! One of the truly RARE properties that has direct Lake Access from its back yard in the only Lagoon on the Lake which you own large portion of! The property lines cover (see GIS) most of the lagoon in the back yard! This beautiful home offers vintage charm with all the amenities of a modern home. Built in a simpler time and lovingly maintained adding modern amenities through the years. Sit on the back porch and enjoy the spectacular view of Chimney Rock! Or turn this into a rock star Short Term Rental! It's even close enough to walk into Chimney Rock Village for drinks and dinner. This is truly a one of a kind opportunity. The home is sold fully furnished with all the little items you need and won't have to buy. It's move in ready, or post it on Airbnb and rent it! If high speed internet is a concern there are two providers that have you covered and cell service is excellent on most major providers. This home is in a partial flood zone and the current owner does not carry flood insurance. During Helene, the basement flooded just below the vents and no damage was done to the structure and no water entered any of the wood structure.. The basement is fully encapsulated.

Highlights

Fireplace

Property details

MLS #
CAR4386500
Property type
Single Family Residence
Subdivision
none
Status
Active
Days on market
31
On market date
June 2, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Pinnacle Elementary School
12.82 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
233
Student:teacher ratio
13.7:1
District
Rutherford County Schools
Middle
R-S Middle School
16.98 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
603
Student:teacher ratio
14.4:1
District
Rutherford County Schools
High
R-S Central High School
15.12 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
769
Student:teacher ratio
13.7:1
District
Rutherford County Schools

Walkability

Blended score for Lake Lure's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

17
Very car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable
Google Places amenity density
0 / 100
Restaurants & cafes0
Grocery stores0
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Lake Lure, from live MLS data.

On the market 31 days -- 174 fewer days than Lake Lure's current average of 205 days.
For reference, the median list price across 353 active listings in Lake Lure right now is $90,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 3, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.