388 Island Creek Rd, Lake Lure, NC, 28746

$605,000

Home List Price

$7,184*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
4,229 SqFt
$143/SqFt
House
Schools Nearby

Location

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388 Island Creek Rd, Lake Lure$605,000

Buyer Closing Credits

$7,184*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport, Driveway, Parking Space(s)
Year Built1990
HeatingBaseboard, Ductless, Heat Pump
CoolingCentral Air, Heat Pump
BasementYes
MLS #4062749
StatusActive

About 388 Island Creek Rd

A wonderful opportunity exists in this private mini estate located just outside the town limits of Lake Lure. The main site-built has over 4200 sq. feet. On the grounds are also a small creek, a manufactured home that has been added onto and offers living, dining, kitchen, bedroom and bath of appx 1068 sq,ft., a two-bay garage with workshop and storage, a separate storage barn, and a covered carport with attached storage room. This home needs some TLC but has amazing possibilities. The main home has a large great room with fireplace, kitchen, and dining as well as a butler’s kitchen. There are two bedrooms on the main level, two full baths and a powder room. A wrap around enclosed screen porch, encircles the entire living/dining/kitchen area. The lower level has a separate living space with kitchen and another bedroom and bath. Lots of storage and a covered porch surrounds the lower level. Property is being sold “as is” and is an estate being managed by the owner’s guardian.

Property Details

Property Features

Property Information:

  • Year Built: 1990
  • Living Area: 4,229 SqFt

Listing Office:

  • Office Name: Pinnacle Sothebys International Realty

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Detached Carport, Driveway, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Baseboard, Ductless, Heat Pump
  • Cooling: Central Air, Heat Pump

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

Other

Directions Information:

  • Directions: Hwy 74 or Hwy 9 to Island Creek Road. Drive is gated and locked.

Price Information

Listing Price Info

Price Summary:

  • List Price: $605,000
  • Price Per SqFt: $143/SqFt

Tax Information:

  • Annual Amount: $1,155
  • 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

388 Island Creek Rd vs Lake Lure

134 DAYS ON ROCKET

+58 Days

$605,000

+$146.2K More

$143/SqFt

-$135 Less

KEY TAKEAWAY

This property is $146.2K more than the Median Sold Price and $135/SqFt less than other homes in Lake Lure, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4062749

Listing Office:

  • Office Name: Pinnacle Sothebys International Realty

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: 4/26/2024, 3:21:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,155$248,000
2020$1,155$248,000
2018$1,069$235,800
2017$1,019$235,800

History based on county public records data.

Payment Calculator

$3,087

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,880

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-756807
7
/10

  • Pinnacle Elementary School

  • 1204 Painters Gap Rd

  • 10.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-756808
5
/10

  • R-S Middle School

  • 545 Charlotte Rd

  • 13.78 miles

  • Public District Grades 6-8

High School

school-card-donut-756809
5
/10

  • R-S Central High School

  • 641 Hwy 221 North

  • 12.91 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 $47,857. Most Lake Lure, NC residents have annual incomes less than $35k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 388 Island Creek Rd

What is the listing price of this property?

The listing price of 388 Island Creek Rd property is $605,000.

What type of property is this?

The property 388 Island Creek Rd is a house located in Lake Lure, North Carolina, 28746.

Is this property for sale now?

Active Listing: 388 Island Creek Rd is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 388 Island Creek Rd are:
Pinnacle Elementary School: GreatSchools Rating 7/10
R-S Middle School: GreatSchools Rating 5/10
R-S Central High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,155 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 388 Island Creek Rd has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 388 Island Creek Rd is 4,229 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 388 Island Creek Rd is 1990.

Rocket Homes›North Carolina›Rutherford County›Lake Lure›28746›388 Island Creek Rd

This home is located at 388 Island Creek Rd in Lake Lure, NC and zip code 28746. This 4,229 square foot home was built in 1990. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 14, 2023 and is currently priced at $605,000.

In March 2024, from all listings sold in Lake Lure, NC there were more than 1 sold above asking price, over 10 sold below and more than 3 were sold right at the asked price. Between February 2024 and March 2024, Lake Lure, NC real estate market has seen increase in the number of listings by 9.6%. While the average time on the market in March 2024 was 76 days, the median list price was $458,750.

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

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