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$825,000
Monthly Est:$4,106
3 Beds
- 2 Baths
2 full baths
771sqft
1942 Memorial Hwy, Lake Lure, NC 28746
$825,000
$4,106/moEst:
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Single Family Residence
Built in 1940
$-- HOA
0.16 acre lot
$1,070/sq.ft
Description
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
- Houzeo last checked: 10 minutes ago
- Listing updated: October 30, 2026 at 7:43 pm
- Listing Provided by: Angie Cullen (828) 275-9757 | Nest Realty Asheville (828) 318-8313
- Source: Canopy MLS as distributed by MLS GRID | MLS#: 4438860

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1940
HOA Fees
-
Finished Area
771 sqft
Lot Size
0.16 acre lot
Basement Area
- sqft
MLS Name
Canopy MLS as distributed by MLS GRID
MLS Number
4438860
MLS Status
Active
Days on Market
1

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Flooring
Cork, Laminate, Tile
Sewer
Public Sewer
Cooling
Central Air, Window Unit(s)
Interior Features
Breakfast Bar, Open Floorplan
Heating
Ductless, Heat Pump
Appliances
Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/dryer
Construction
Year Built
Year Built: 1940
Home type
Single Family Residence
Construction Materials
Aluminum, Wood
Foundation Details
Pillar/post/pier
Utilities & Energy
Laundry Features
Main Level
Parking Features
Driveway
Water Source
City
Other Features
Lot Features
Flood Plain/bottom Land, Level, Views, Waterfront
Subdivision Name
None
Patio And Porch Features
Balcony, Deck, Patio, Rear Porch, Side Porch, Other See Remarks
Price History
| Date | Event | Price |
|---|---|---|
10/30/2026 Source: | Listed for Sale | $825,000 +10.00% $1,070/sqft |
09/09/2024 Source: | Listing Removed | $750,000 +71.82% $973/sqft |
12/30/2020 Source: | Price Decreased | $436,500 -3.00% $566/sqft |
11/06/2020 Source: | Price Increased | $450,000 +40.62% $584/sqft |
04/10/2012 Source: | Sold | $320,000 $415/sqft |
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Based on information submitted to the MLS GRID from Canopy MLS through Oct 31, 2026, 01:45AM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. 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. ©2026 Canopy MLS. All Rights Reserved.
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