Mountain Lake Perfection! - 1942 Memorial Highway, Lake Lure
The Nest at Lake Lure - 1942 Memorial Highway, Lake Lure
Sold Completely Furnished | Turn Key! - 1942 Memorial Highway, Lake Lure
Bright Living Room Overlooking the Cove - 1942 Memorial Highway, Lake Lure
Upper Deck Above the Main House - 1942 Memorial Highway, Lake Lure
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 6 of 42
Overlooking the Cove - 1942 Memorial Highway, Lake Lure
Serene Dining Overlooking the Lake - 1942 Memorial Highway, Lake Lure
Effortless Flow from the Kitchen, Dining, to the Living Area - 1942 Memorial Highway, Lake Lure
Updating Kitchen with Quartz Countertops - 1942 Memorial Highway, Lake Lure
Stylish Finishes - 1942 Memorial Highway, Lake Lure
Spacious Kitchen for Entertaining - 1942 Memorial Highway, Lake Lure
Primary Bedroom with Lake Views - 1942 Memorial Highway, Lake Lure
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 14 of 42
Full Bathroom - 1942 Memorial Highway, Lake Lure
W&D in Full Bathroom - 1942 Memorial Highway, Lake Lure
Flex Space Perfect for Guests! - 1942 Memorial Highway, Lake Lure
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 18 of 42
From the House Straight to Jumping in the Lake! - 1942 Memorial Highway, Lake Lure
Soak with Views! - 1942 Memorial Highway, Lake Lure
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 21 of 42
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 22 of 42
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 23 of 42
Peaceful, Quiet Cove - 1942 Memorial Highway, Lake Lure
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 25 of 42
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 26 of 42
Boathouse off the Main House - 1942 Memorial Highway, Lake Lure
Perfect Second Cottage for Guests or Rental Income - 1942 Memorial Highway, Lake Lure
The Hummingbird House - 1942 Memorial Highway, Lake Lure
Complete with Kitchenette - 1942 Memorial Highway, Lake Lure
Living Space in the Guest Cottage - 1942 Memorial Highway, Lake Lure
Smart & Functional Use - 1942 Memorial Highway, Lake Lure
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 33 of 42
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 34 of 42
Full Bathroom in the Guest Cottage - 1942 Memorial Highway, Lake Lure
Deck off the Guest Cottage Overlooking Lake Lure - 1942 Memorial Highway, Lake Lure
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 37 of 42
Fenced in Yard Perfect for Your Guests pups! - 1942 Memorial Highway, Lake Lure
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 39 of 42
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 40 of 42
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 41 of 42
Single Family Residence at 1942 Memorial Highway, Lake Lure, photo 42 of 42
42 photos

$825,000

1942 Memorial Highway
Lake Lure, NC 28746
Listed by Angie Cullen · Nest Realty Asheville
Bedrooms
3
Bathrooms
2
Living area
771 sqft
Year built
1940

About this home

Offered at $825,000, below current appraised value!** Discover a truly extraordinary Lake Lure waterfront opportunity featuring TWO homes, TWO lots, TWO docks, a boathouse with mechanical boat lift, and approximately 117 feet of shoreline. Nestled along a tranquil cove in a desirable mid lake location, this one of a kind property offers an exceptional combination of lakefront living, privacy, and investment potential. The beautifully renovated primary cottage is among the few homes built on pylons directly over Lake Lure, creating an unforgettable experience where you can step outside, jump into the lake, or simply relax and watch the ducks swim by. Thoughtfully reimagined with designer finishes throughout, the home features one bedroom plus a bonus guest space, a stunning new kitchen with quartz countertops and Spanish tile, an updated bathroom, and waterproof luxury vinyl plank flooring. Extensive improvements include new electrical, plumbing, HVAC, spray foam insulation, maintenance free metal board and batten siding, and a newly sealed metal roof. A second charming waterfront cottage, known as Lake Lure's only lakeside tiny house, offers additional accommodations with a private fenced yard and balcony overlooking the water. Expansive outdoor living spaces include a sun deck, hot tub patio, two docks, a separate boathouse with mechanical lift, and a workshop. Both homes are being sold completely furnished with stylish new indoor and outdoor furnishings and artwork, creating a truly turnkey opportunity. With a strong vacation rental history and an established property manager available for a seamless transition, this unique offering is equally suited for a private lakefront retreat, multigenerational getaway, or income producing investment. Permits on file with Rutherford County and structural letter available. An exceptional opportunity to own a distinctive piece of Lake Lure waterfront living! Broker/Owner

Property details

MLS
Canopy MLS
MLS #
CAR4438860
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
1
On market date
October 30, 2026
Stories
N/A
Total bathrooms
2
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.

Elementary
Pinnacle Elementary School
11.62 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
15.55 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
13.73 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).

36
Car-dependent
out of 100
EPA National Walkability Index
8.0 / 20 -- Below average walkable
Google Places amenity density
30 / 100
Restaurants & cafes6
Grocery stores1
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 1 days -- 232 fewer days than Lake Lure's current average of 233 days.
For reference, the median list price across 426 active listings in Lake Lure right now is $110,000.

Mortgage calculator

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

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Est. monthly payment
$5,118/mo
$165,000 down
$660,000 loan
Principal & interest$4,281
Property tax (est.)$688
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 6 hr ago.

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.