147 Watergate Rd

Lake Lure, NC 28746

$1,100,000
Price
4
Beds
3,489 Sq. Ft.
$315 / Sq. Ft.
3,489
Sq. Ft.
$315
per Sq. Ft.
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New
New

Description

Lakeside living at it's best! Imagine a home perched on a gentle slope where every window frames a shimmering expanse of the lake. Inside, the living spaces are open and airy, with a mix of warm wood tones, light, and neutral colors. An Elegant 4 bd/4.5 bath home featuring stunning wood floors, a cozy fireplace, and a spacious master suite on the main level. The gourmet kitchen boasts quartz countertops, a wine cooler, barnwood accents, and upscale appliances including a Wolf induction range. A spacious...Lakeside living at it's best! Imagine a home perched on a gentle slope where every window frames a shimmering expanse of the lake. Inside, the living spaces are open and airy, with a mix of warm wood tones, light, and neutral colors. An Elegant 4 bd/4.5 bath home featuring stunning wood floors, a cozy fireplace, and a spacious master suite on the main level. The gourmet kitchen boasts quartz countertops, a wine cooler, barnwood accents, and upscale appliances including a Wolf induction range. A spacious deck stretches toward the water, perfect for morning coffee and peaceful evenings with cool mountain breezes. The landscape around the house is lush and thoughtfully designed with native plants. There is an office/flex space with a Murphy bed on the main level. Additional bedrooms and bathrooms in the lower level provide the perfect getaway. Other highlights include a Built in Generator for peace of mind, a huge laundry area with rinse shower, and double garage which offers a level entrance into the home. All of this only a hop, skip, and a jump from the Wellness Center, pools, and Restaurants. Enjoy all the community amenities with Two Championship Golf Courses, Tennis Courts, Hiking Trails, Cabana, Privat Beach, and much, much, more!
  1. Listed by Michael Zerressen • Rumbling Bald Real Estate
    P: (828)-506-4842 C: (828)-506-4842 mzerressen@rumblingbald.com

Property Details for 147 Watergate Road

Architectural Style
Contemporary
Waterfront Features
Beach - Public, Boat Ramp – Community, Boat Slip (Lease/License), Boat Slip – Community, Paddlesport Launch Site - Community, Pier - Community
View
Mountain(s), Water, Year Round
Parking Features
Attached Garage, Garage Door Opener
Community Features
Boat Storage, Business Center, Cabana, Dog Park, Fitness Center, Game Court, Gated, Golf, Hot Tub, Indoor Pool, Lake Access, Outdoor Pool, Pickleball, Picnic Area, Playground, Pond, Putting Green, Recreation Area, RV Storage, Sauna, Sport Court, Tennis Court(s), Walking Trails
Subdivision Name
Rumbling Bald on Lake Lure
LISTING UPDATED: 04/06/2026 03:40 PM

Property Details for 147 Watergate Road

StatusActive
MLS #4360810
Days on MarketListed Today
Taxes-
HOA Fees$4,967 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1995
Lot Size0.49 AC / 21,344 SF
CountyRutherford County
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Location

Listing Courtesy of Rumbling Bald Real Estate
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Building Information for 147 Watergate Road

Stories-Year Built1995Building Size-Lot Size0.49 AC / 21,344 SF

Payment Calculator

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$6,387 per month

30 year fixed, 6.46% Interest

Principal and Interest

$5,539

Property Taxes

$434

HOA Dues

$414

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Property Information for 147 Watergate Road

Summary
Location and General Information
  • Water Body Name: Lake Lure
  • Longitude: -82.19323356
  • Latitude: 35.45961111
  • Directions: From Lake Lure, take Hwy. 64/74 East to left on Bills Creek Road to left on Buffalo Creek Road to the bottom of the hill, then bear right over the bridge and left into Rumbling Bald. Stay Straight through the Security gate to left on Quail Ridge Blvd. to right just past Trout Stream onto Watergate. Follow up hill to 147 Watergate on the left.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: Fairfield Mountains POA Inc.
  • HOA Email: AR@rumblingbald.com
  • HOA Phone: 828-694-3014
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Annual Expense: $4,967.00
  • Tax Assessed Value: $636,000.00
  • Parcel Number: 1649447
  • City Taxes Paid To: Lake Lure
School Information
  • Middle Or Junior School: Lake Lure Classical Academy
  • High School: Lake Lure Classical Academy
  • Elementary School: Lake Lure Classical Academy
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Above Grade Finished Area: 2061.0
  • Below Grade Finished Area: 1428.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 2061
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Sq Ft Second Living Quarters HLA: 0.0
  • Sq Ft Total Property HLA: 3489.0
  • Lot Features: Views
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 43
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
  • Plat Book Slide: 34
  • Plat Reference Section Pages: 35
  • Restrictions: Building, Deed, Short Term Rental Allowed, Subdivision
Utilities
  • Sewer: Public Sewer
  • Utilities: Fiber Optics, Underground Utilities
  • Water Source: Community Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Fiber Cement
  • Patio And Porch Features: Deck, Side Porch
  • Pool Private YN: No
  • Road Surface Type: Concrete, Paved
  • Roof: Composition
Interior Features
  • Appliances: Bar Fridge, Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Induction Cooktop, Microwave, Refrigerator with Ice Maker, Washer, Washer/Dryer, Wine Refrigerator
  • Levels: One
  • Other Equipment: Fuel Tank - Owned, Generator
  • Cooling: Ceiling Fan(s), Ductless, Heat Pump
  • Heating: Ductless, Heat Pump
  • Interior Features: Breakfast Bar, Open Floorplan, Pantry
  • Laundry Features: Laundry Room, Main Level
  • Fireplace Features: Gas, Gas Log, Gas Vented
  • Fireplace YN: Yes
  • Window Features: Insulated Window(s)
  • Flooring: Carpet, Tile, Wood
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Finished
  • Bedroom Basement: 3
  • Bedroom Main: 1
  • Full Bath Basement: 3
  • Full Bath Main: 1
  • Half Bath Basement: 0
  • Half Bath Main: 1
Room Information
Room Information
  • Room Count: 8.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 2
  • Room Types: Great Room
  • Room Level: Main
Room 3
  • Room Types: Kitchen
  • Room Level: Main
Room 4
  • Room Types: Laundry
  • Room Level: Main
Room 5
  • Room Types: Bedroom(s)
  • Room Level: Basement
Room 6
  • Room Types: Bathroom-Full
  • Room Level: Basement
Room 7
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 8
  • Room Types: Bedroom(s)
  • Room Level: Main

Property History for 147 Watergate Road

DateEvent & SourcePriceAppreciation
Apr 6, 2026

Listed (Active)

CANOPY #4360810

$1,100,000—
May 30, 2014

Closed (Public Record)

Public Record #418976542

$460,000—
May 30, 2014

Closed

CANOPY #529730

$460,000—
Apr 28, 2014

Under Contract-No Show

CANOPY #529730

—
Nov 30, 2012

Listed (Active)

CANOPY #529730

$629,950—
Jun 16, 2006

Closed

CANOPY #321061

$640,000—
Jun 7, 2006

Under Contract-No Show

CANOPY #321061

—
Jan 26, 2005

Listed (Active)

CANOPY #321061

$775,000—
DateEvent & SourcePrice
04/06/2026

Listed (Active)

CANOPY #4360810

$1,100,000
05/30/2014

Closed (Public Record)

Public Record #418976542

$460,000
05/30/2014

Closed

CANOPY #529730

$460,000
04/28/2014

Under Contract-No Show

CANOPY #529730

—
11/30/2012

Listed (Active)

CANOPY #529730

$629,950
06/16/2006

Closed

CANOPY #321061

$640,000
06/07/2006

Under Contract-No Show

CANOPY #321061

—
01/26/2005

Listed (Active)

CANOPY #321061

$775,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 147 Watergate Road

Taxable ValueLand$150,000Additions$486,000Total$636,000
Tax Record2025$5,203 ($434 / month)
Home Facts
Beds4Baths4.5Total Finished SqFt3,401 SqFtAbove Grade Finished SqFt2,035 SqFtFinished Basement SqFt1,366 SqFtStories1Lot Size21,344 SqFtStyleSingle Family ResidenceYear Built1995ZoningR1CountyRUTHERFORDAPN1649447Fireplace TypeHas Fireplace

Schools near 147 Watergate Road

This home is within Rutherford County School District.
Rating
School
Type
Grades
Distance
Pinnacle Elementary School
Public - PK to 5
R-S Middle School
Public - 6 to 8
R-S Central High School
Public - 9 to 12
Rutherford Early College High School
Public - 9 to 13
Rating
School
Distance
Pinnacle Elementary School
PublicPK to 5

R-S Middle School
Public6 to 8

R-S Central High School
Public9 to 12

Rutherford Early College High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 147 Watergate Road, Lake Lure, NC 28746

147 Watergate Road is a single family home for sale in Lake Lure, NC 28746. This property was listed for sale on April 6, 2026 by Rumbling Bald Real Estate, it's currently listed at $1,100,000. It has been on the market for a total of 0 days and was last sold on May 30, 2014. This listing's school district is Rutherford County School District. Nearby schools include Pinnacle Elementary School, R-S Middle School and R-S Central High School. 147 Watergate Road is a 4-bed, 5-bath, 3,489 sqft single family home built in 1995.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Rumbling Bald Real Estate

Based on information submitted to the MLS GRID as of 04/06/2026 03:40 PM. 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. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial 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. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.