1942 Memorial Highway, Lake Lure, NC 28746

$825,000
3
BD
2
BA
771
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Nest Realty Asheville. angie@nestrealty.com

List Price
$825,000
MLS#
4438860
Status
ACTIVE
Days on Market
0
Property Type
Residential
Year Built
1940
Bedrooms
3
Bathrooms
2
Full Baths
2
Lot Size
6,969
Lot Size Area
0.16
Living Area
771
Sq Ft Total
771
County
Rutherford
Subdivision
No Neighborhood
Special Conditions
None
Waterfront
Yes
Waterfront Features
Boat House, Boat Lift, Dock, Other - See Remarks

Property 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

Additional Information

Interior Features
Breakfast Bar, Open Floorplan
Floor Coverings
Cork, Laminate, Tile
Equipment
Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
Foundation
Pillar/Post/Pier
Main Level Rooms
Bedroom(s), Bathroom-Full, Kitchen, Living Room, Dining Area
Laundry Location
Main Level
Heating
Ductless, Heat Pump
Water
City
Sewer
Public Sewer
Exterior Construction
Aluminum, Wood
Parking
Driveway
Driveway
Concrete, Gravel, Paved
Lot Description
Flood Plain/Bottom Land, Level, Views, Waterfront
Elementary School
Unspecified
Middle School
Unspecified
High School
Unspecified
Total Property HLA
771

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated: