2494 Memorial Hwy, Lake Lure, NC, 28746

$1,100,000

Home List Price

$10,000*

Closing Credit

6 Full Baths
2,464 SqFt
$446/SqFt
Multi
Schools Nearby

Location

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2494 Memorial Hwy, Lake Lure$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingCircular Driveway
Year Built2002
HeatingOther
CoolingOther
FireplaceElectric, Fire Pit
MLS #4094093
StatusActive

About 2494 Memorial Hwy

Located just around the corner from the Lake Lure Beach and Marina, this is a unique turnkey business opportunity with established short-term rentals including 3 cabins, a cottage and an owner’s house, which can be an additional rental. This established business has been one of Lake Lure's top lodging choices for more than 20 years. Property is conveniently located, yet private. Each property has its own personality, and all are mountain getaway gems providing first-class accommodations. The property is nestled under a beautiful tree canopy with a centralized pavilion, firepit and grill area. From unique local restaurants to gift and antique shops, hiking trails and tours, boat and kayak rentals, seasonal produce and craft stands, winery, brewery, cidery or distillery tastings, zip-line tours, horseback riding and whitewater trips--Lake Lure is a growing and desirable location! Great opportunity for the savvy investor. Do not drive-by or disturb operating business. Video available.

Property Details

Property Features

Property Information:

  • Architectural Style: Cabin, Cottage
  • Year Built: 2002
  • Living Area: 2,464 SqFt

Listing Office:

  • Office Name: IvesterJackson Blackstream

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range, Microwave, Refrigerator
  • Interior: Hot Tub, Open Floorplan
  • Fireplace: Electric, Fire Pit

Bedroom and Bathroom Information:

  • Full Bathrooms: 6

Exterior Features

Parking Information:

  • Parking: Circular Driveway

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • R-S Central High School, Public District Grades 9-12
  • R-S Middle School, Public District Grades 6-8
  • Pinnacle Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $446/SqFt

Tax Information:

  • Annual Amount: $3,456
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Lure, NC.

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Lake Lure, NC

City

Med. Sold Price

$458.7K

Med. Price/SqFt

$277

Avg. Days On Market

76

# of Sold Homes

14

2494 Memorial Hwy vs Lake Lure

135 DAYS ON ROCKET

+59 Days

$1,100,000

+$641.2K More

$446/SqFt

+$168 More

KEY TAKEAWAY

This property is $641.2K more than the Median Sold Price and $168/SqFt more than other homes in Lake Lure, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4094093

Listing Office:

  • Office Name: IvesterJackson Blackstream

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:21:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 17, 2016Home Sold
$460,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,456$293,300
2020$3,112$293,300
2018$3,054$308,900
2017$2,795$308,900

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2346408
7
/10

  • Pinnacle Elementary School

  • 1204 Painters Gap Rd

  • 12.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2346409
5
/10

  • R-S Middle School

  • 545 Charlotte Rd

  • 16.26 miles

  • Public District Grades 6-8

High School

school-card-donut-2346410
5
/10

  • R-S Central High School

  • 641 Hwy 221 North

  • 15.38 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,000. Most Lake Lure, NC residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›North Carolina›Rutherford County›Lake Lure›28746›2494 Memorial Hwy

This home is located at 2494 Memorial Hwy in Lake Lure, NC and zip code 28746. This 2,464 square foot home was built in 2002. Features: 6 bathrooms. It has been listed on Rocket Homes since December 14, 2023 and is currently priced at $1,100,000.

Lake Lure, NC housing market in March 2024 saw over 1 listings sold above listed price, more than 3 sold at listed price and over 10 sold below. The inventory of homes for sale in Lake Lure, NC between February 2024 and March 2024 increased by 9.6%. Listings spent 76 days on the market in March 2024, and had a median list price of $458,750 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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