0 Old Gate Lane, Unit 4

Lake Lure, NC 28746

$68,808
Price
166,834 / 3.83
Lot Size / Acres

Description

Build your dream house or possible income property on this combined two-parcel lot totaling 3.83 acres or two separate homes. Lot 3 is 1.64 acres, and lot 4 is 2.19 acres. The property is minutes from Lake Lure and a short drive to Lake Adger. The French Broad River is roughly 1.4 miles from the property, where you can float down the river for a lazy afternoon. Old Gate Lane has only two other homes; all the lots have been sold. CCR’s in place, but no HOA fees. These lots are located on a beautiful...Build your dream house or possible income property on this combined two-parcel lot totaling 3.83 acres or two separate homes. Lot 3 is 1.64 acres, and lot 4 is 2.19 acres. The property is minutes from Lake Lure and a short drive to Lake Adger. The French Broad River is roughly 1.4 miles from the property, where you can float down the river for a lazy afternoon. Old Gate Lane has only two other homes; all the lots have been sold. CCR’s in place, but no HOA fees. These lots are located on a beautiful cul de sac with roughly 500 feet of street frontage. The property has a gentle slope allowing for an easy build with underground power. This is a beautiful property you don’t want to miss.
  1. Listed by Nick Bell • Berkshire Hathaway HomeServices • nickbell@bhhslp.com

Property Details for 0 Old Gate Lane, Unit 4

Waterfront Features
None
View
Golf Course, Winter
Subdivision Name
Old Gate

Location

Listing Courtesy of Berkshire Hathaway HomeServices
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LISTING UPDATED: 10/10/2023 10:31 AM

Property Details for 0 Old Gate Lane, Unit 4

StatusActive
MLS #4058686
Days on Market287
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size3.83 AC
CountyRutherford County

Location

Listing Courtesy of Berkshire Hathaway HomeServices
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Building Information for 0 Old Gate Lane, Unit 4

Lot Size3.83 AC

Payment Calculator

$376 per month

30 year fixed, 7.25% Interest

Principal and Interest

$376

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 0 Old Gate Lane, Unit 4

Summary
Location and General Information
  • Road Frontage Type: City Street
  • Longitude: -82.155587
  • Road Frontage: 541
  • Latitude: 35.437783
  • Directions: From Lake Lure, head East on US 64-E, turn left at Bills Creek Rd. Continue for 1.1 miles, then left on Old Gage Lane, across from the golf course. Follow the road to the right, and you’ll see a sign marking lot three. The two lots continue to the midpoint of the cut de sac.
Taxes and HOA Information
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $35,600.00
  • Parcel Number: 1635434
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: R-S Middle
  • High School: R-S Central
  • Elementary School: Pinnacle
Parking
  • Open Parking: No
  • Carport: No
Property
Lot Information
  • Elevation: 1000
  • Sq Ft Building Minimum: 1200
  • Lot Features: Corner Lot, Cul-De-Sac, Level, Paved, Rolling Slope, Wooded
  • Lot Size Units: Acres
  • Possible Use: Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: Low
  • Photos Count: 18
  • Road Responsibility: Publicly Maintained Road
  • Additional Parcels Description: 1635435
  • Senior Community: No
  • Restrictions: Architectural Review,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
Utilities
  • Sewer: Septic Needed
  • Utilities: Underground Power Lines, Underground Utilities
  • Water Source: Well Needed
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Paved
  • Horse Amenities: None
  • Other Structures: None
Interior Features
  • Habitable Residence: No
Rental
Rent Information
  • Lease Considered: No

Property History for 0 Old Gate Lane, Unit 4

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 0 Old Gate Lane, Unit 4

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 12
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 12

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.

Similar Homes

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Similar Sold Homes

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0 Old Gate Lane, Unit 4 is a 3.83 ac of land for sale in Lake Lure, NC 28746. This property was listed for sale on August 10, 2023 by Berkshire Hathaway HomeServices, it's currently listed at $68,808. 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. 0 Old Gate Lane, Unit 4 is a 0-bed, 0-bath, 3.83 ac of land on a 166,834 sq. ft. / 3.83 acres lot.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Berkshire Hathaway HomeServices

Based on information from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.