MLS# 4088956 – 3207 Memorial Highway, Lake Lure, NC 28746

$1,275,000 - 3Br/3Ba - for Sale in None, Lake Lure

Price: $1,275,000

Beds: 3

Baths: 3

Status: Active

Property Type: Single Family Residence

Lot Size Acres: 0.74

Lot Size SqFt: 32,234

Year Built: 1991

Neighborhood: None

Days on Website: 358

Courtesy of Team Cleary Real Estate Inc.

Property Description

Income producing property w/ 300 feet on the Rocky Broad River. Commercial or residential opportunities. Beautiful year-round views of Chimney Rock State Park on .74-acre with room on level ground for expansion or additional structures and parking. The main level has a primary BR, BA, kitchen, dining area, and 2-story great room w/ a wood burning stove. Upstairs is another BR and full BA, + a large office or flex space overlooking the living area. A lovely front porch wraps around the side of the home, and the expansive back deck overlooks the river. Separate living quarters in the finished basement is utilized as a short-term vacation rental with a family room, kitchenette, bedroom & full bathroom (gross income 2021 $38,672.50; 2022 $39,600.89; 2023 $34,985.38; 2024 to date $22,506.30). This property is in Lake Lure, and borders Chimney Rock Village. Right in the middle of all the action! By appointment only. Ample space for parking.

Property Details and Features

Appliances & Equipment
Description: “Convection Oven”, “Dishwasher”, “Gas Range”, “Microwave”, “Plumbed For Ice Maker”, “Refrigerator”, “Self Cleaning Oven”, “Washer/Dryer”

Bathrooms
Full Bathrooms: 3
Half Bathrooms: 0

Bedrooms
Total Bathrooms: 3

Building
Finished Area Above Grade: 1294
Area: 1294
Construction Materials: “Wood”
Year Built: 1991
Construction Type: Site Built

Cooling
Details: “Heat Pump”

Floors
Flooring: “Linoleum”, “Wood”

Heating
Heating: “Ductless”, “Heat Pump”

Laundry
Description: “Laundry Closet”, “Main Level”

Listing
Days on Market: 348
Listing Price: 1275000

Location
City: Lake Lure
State: NC
Zip: 28746
County: Rutherford
Subdivision: None
Directions: From downtown Lake Lure head up Hwy 64/74 towards Chimney Rock. 3207 Memorial Highway will be on your left, just past the entrance to the Geneva Riverside Motel and Tiki Bar.

Lot
Size: 0.74
Size Units: Acres

Property
Zoning: CG

Schools
Elementary: Lake Lure Classical Academy
Middle/Junior High: Lake Lure Classical Academy
High School: Lake Lure Classical Academy

Utilities
Sewer: “Public Sewer”
Water Source: “City”

Auction Info
Auction Y/N: 0

Garage
Man Level Garage: 0

Interior Features
SqFt Lower: 0
Main SqFt: 830
Third SqFt: 0
UnheatedMan SqFt: 0
Unheated Total SqFt: 0
uUnheated Upper SqFt: 0

Property Map

$1,275,000 – 3207 Memorial Highway, Lake Lure, NC 28746

Street View

Nearby Schools

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