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Lake Lure,NC 28746
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,028 sqft
Price per Sqft $87
Subdivision Lake Lure Mountain Estates
MLS Listing ID 4324729
Bedrooms 1
Full Baths 1
Half Baths 1
Year Built 1978
Lot Size 0.440 Acres
Property Sub-Type Single Family Residence
Property Description
1-2 Bed / 1 Bath + Bonus Space with Extra Kitchen and Bath for Only $89,900!
ARV POTENTIAL $150K–$220K | Rehab $30K–$50K
The lake is being refilled, the area is booming again, and property values are climbing fast. Get in now and watch your equity grow!
?? Property Highlights:
1-2 Bed / 1 Bath + Extra Space downstairs with second kitchen & bath already in place
Just add one wall and a door, and it's a 2-bed house.
0.44-acre lot — plenty of room and privacy
Sunroom and wood-burning fireplace on the main level
Being sold furnished. Keep existing furnishings or replace them.
Not in a flood zone and never flooded, even during last year's hurricane
Located near an established Airbnb, making this a strong short-term rental candidate
??? Rehab Snapshot:
Estimated repairs: $30K–$50K
Needs: Roof and ceiling repairs, new deck, landscape cleanup, and cosmetic updating throughout.
?? The Numbers:
Purchase Price: $89,900
Other properties our size have sold for: $150,000–$220,000
Whether you're looking to flip for profit, build your rental portfolio, have a second get-a-way home, or create a cash-flowing Airbnb, this property delivers strong upside in one of North Carolina's most scenic and revitalizing lake communities.
Location
State NC
County Rutherford
Zoning R
Interior
Heating Baseboard,Electric
Cooling Window Unit(s)
Laundry Electric Dryer Hookup,Inside,Main Level
Building
Dwelling Type Site Built
Foundation Basement
Sewer Septic Installed
Water Shared Well
Structure Type Hardboard Siding
New Construction false
Schools
Elementary Schools Unspecified
Middle Schools Unspecified
High Schools Unspecified
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None