Sold
Last Sold Price
3 beds2,308 sqft
261 Watership Rd, Lake Lure, NC 28746
Single FamilyProperty Type
0.83 acresLot Size
1980Year Built
$186/sq ftPrice per sq ft
$3,854/yrHOA Fees

Description

This lovely 3 bed / 2.5 bath home is conveniently located behind the gates of Rumbling Bald. This home has tremendous rental history, is being sold fully furnished and is a permitted rental with the town of Lake Lure. With tall ceilings and a wood burning fireplace in the living room, this home is a phenomenal place to gather. The large updated kitchen opens to the six person dining area making it the perfect spot for a family dinner. The outdoor seating area features winter views of the mountains...This lovely 3 bed / 2.5 bath home is conveniently located behind the gates of Rumbling Bald. This home has tremendous rental history, is being sold fully furnished and is a permitted rental with the town of Lake Lure. With tall ceilings and a wood burning fireplace in the living room, this home is a phenomenal place to gather. The large updated kitchen opens to the six person dining area making it the perfect spot for a family dinner. The outdoor seating area features winter views of the mountains as well as a beautiful serene gathering space in the warmer months of the year. There is a bonus gathering space on the lower level which also has a screened in outdoor seating area. You won't want to miss this opportunity to own this property. Rumbling Bald's amenities include two beautiful golf courses, restaurants, private beach, pools, boat and kayak rentals, a wellness center indoor pool sauna and steam room.
  • Listed by: • EXP Realty LLC marlasellsWNC@gmail.com
Listing closed: 10/18/2022 12:00 AM • Source: CANOPY, MLS#: 3857347

Recent comparable sales

Median sold price

$505,000

Avg days on market

123

Sale-to-list ratio

91.1%

Lake Lure, NC

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Location

Listing Courtesy of EXP Realty LLC

Sold By EXP Realty LLC Asheville

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Payment Calculator

$2,842 per month

30 year fixed, 6.71% Interest

Principal and Interest

$2,222

Property Taxes

$299

HOA Dues

$321

The Payment Calculator is for illustrative purposes only.

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Property Information for 261 Watership Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Waterfront Features: Boat Ramp – Community
  • Zoning Description: R3
  • Parking Features: Parking Space - 3
  • Community Features: Business Center, Clubhouse, Gated, Golf, Lake, Outdoor Pool, Playground, Security, Tennis Court(s), Walking Trails
  • Subdivision Name: Rumbling Bald on Lake Lure
Building Information
  • Year Built: 1980
  • Lot Size: 0.83 AC / 36,154 SF
Summary
Location and General Information
  • Longitude: -82.194773
  • Geocode Source: Manual
  • Latitude: 35.467624
  • Directions: From Asheville / Hendersonville - GPS to Rumbling Bald resort. Once behind the gates follow Mountains Blvd to South Fork Drive, make the second left on Watership Road. Home will be on the left.
Taxes and HOA Information
  • HOA Name: Rumbling Bald
  • HOA Phone: 828-694-3014
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Yearly Expense: 3854.00
  • Tax Assessed Value: $245,400.00
  • Parcel Number: 232115
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Garage Main Level YN: No
Property
Lot Information
  • Elevation: 1000
  • Structure Type: Two Story/Basement
  • Below Grade Finished Area: 928.0
  • Sq Ft Additional: 0
  • Sq Ft Garage: 0
  • Sq Ft Lower: 0
  • Sq Ft Main: 896
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 484
  • Lot Features: Lake Access, Sloped
  • Lot Size Dimensions: 0
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 29
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Permit Syndication: Yes
  • Plat Reference Section Pages: 10-117
  • Restrictions: Modular Not Allowed
Utilities
  • Sewer: Septic Installed
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Porch: Back,Deck,Screened,Side
  • Exterior Features: Shed(s)
  • Construction Materials: Wood Siding
  • Road Surface Type: Concrete
  • Roof: Composition
Interior Features
  • Appliances: Ceiling Fan(s), Dishwasher, Electric Range, Refrigerator
  • Water Heater: Electric
  • Heating: Central
  • Interior Features: Cathedral Ceiling(s)
  • Laundry Features: In Basement
  • Fireplace Features: Living Room
  • Fireplace YN: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Foundation Details: Basement Fully Finished, Basement Inside Entrance, Basement Outside Entrance, Block, Brick/Mortar
Room Information
Room 1
  • Baths Full: 0
  • Baths Half: 1
  • Beds Total: 0
  • Room Types: Bathroom(s),Dining Area,Entry Hall,Great Room,Kitchen
  • Room Level: Main
Room 2
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 2
  • Room Types: Bathroom(s),Bedroom(s)
  • Room Level: Upper
Room 3
  • Baths Full: 1
  • Baths Half: 0
  • Beds Total: 1
  • Room Types: Bathroom(s),Bedroom(s),Den,Laundry
  • Room Level: Basement
Multi Family
Multi-Family Information
  • Unit Count: 0

Property History for 261 Watership Road

DateEvent & SourcePriceAppreciation
Oct 18, 2022

Closed

CANOPY #3857347

$430,000
Oct 11, 2022

Closed (Public Record)

Public Record #1500102528

$430,000

+4.3% / yr

Sep 20, 2022

Under Contract-No Show

CANOPY #3857347

DateEvent & SourcePrice
10/18/2022

Closed

CANOPY #3857347

$430,000
10/11/2022

Closed (Public Record)

Public Record #1500102528

$430,000

+4.3% / yr

09/20/2022

Under Contract-No Show

CANOPY #3857347

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

Public Records for 261 Watership Road

Taxable ValueLand$100,000Additions$337,000Total$437,000
Tax Record2025$3,589 ($299 / month)
Home Facts
Beds3Baths2.5Total Finished SqFt2,349 SqFtAbove Grade Finished SqFt1,479 SqFtFinished Basement SqFt870 SqFtStories2Lot Size36,155 SqFtStyleSingle Family ResidenceYear Built1980Year Renovated2005ZoningR3CountyRUTHERFORDAPN232115Fireplace TypeHas Fireplace

Schools near 261 Watership Road

This home is within Rutherford County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 261 Watership Road, Lake Lure, NC 28746
$430,000
3
2,308
36,154
$334,000
3
2,600
33,105
3
2
2,067
22,651
3
2
1,684
40,511
4
3
3,682
39,640
$224,000
3
1,230
21,780

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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 EXP Realty LLC

Based on information submitted to the MLS GRID as of 10/18/2022 04:21 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.