1942 Memorial Highway
Lake Lure, NC, 28746
$825,000
- 2beds
- 2baths
- 771sq ft
- 1940year built
- 5days on market
Your savings stack on this home
How we figured this
ZERO Closing Costs covers origination $1,300, appraisal $500, title & settlement $1,046, owner’s title insurance $1,758, credit, flood & data fees $160 and lower government recording fees & taxes $90, priced for Rutherford, NC with 20% down. Restrictions apply.
Hope Foster, REALTOR®
Your CapCenter agent · 757-274-1537
Questions? Call (804) 648-4357
About this home
- Central air
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
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Location
Property details
Important details
- Status
- Active
- Date listed
- 10/30/2026
- Time on Market
- 5 days
- Property Type
- Single Family Residence
- List Price
- $825,000
- Price/Sq. Ft
- $1070
- Living area
- 771 sq. feet
- Lot Size
- None listed
- Year Built
- 1940
- County
- Rutherford
- Community
- None
- HOA
- No
Interior details
- Bathrooms
- 2 Full
- Heating
- Ductless, Heat Pump
- Cooling
- Central Air, Window Unit(s)
- Rooms
- 10 Total, 2 Bedrooms
- Appliances
- Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
- Interior Features
- Breakfast Bar, Open Floorplan
Building & lot
Building
- Living Area
- 771 sq ft
- Property Type
- Single Family Residence
- Year Built
- 1940
- Flooring
- Cork, Laminate, Tile
Lot Info
- Parcel Number
- 0642463629
Exterior Features
- Exterior Features
- Dock
- Pool
- No
Parking
- Parking Features
- Driveway
- Garage
- No
Ownership
Community details
School Districts
- Elementary
- Unspecified
- Middle
- Unspecified
- High
- Unspecified
Utilities
- Sewer
- Public Sewer
- Water
- Public
Neighborhood
- Subdivision
- None
- HOA
- No
- Zoning
- R4
Taxes & Assessment
- Tax Assessed Value
- $457,000
Listing information
Realty Agent
Listing Details
- Service
- Full Service
- MLS System
- CMLS
- MLS ID
- 4438860
- MLS Status
- Active
Listed by: Nest Realty Asheville
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Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. IDX information is provided exclusively for consumers’ personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, and the use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time.