1942 Memorial Highway

Lake Lure, NC 28746

$995,000
Price
2
Beds
2
Baths
1,027 Sq. Ft.
$969 / Sq. Ft.
1,027
Sq. Ft.
$969
per Sq. Ft.

Description

Lake lure lakefront dream property | two houses - two lots - two docks plus boathouse with boat lift and workshop | sun deck - hot tub patio - approx 117 ft of shoreline. One of a kind Lake Lure lakefront and in-lake property. TWO cottages that can be an owner's compound and/or two vacation rentals. Primary cottage is one of a few homes on pylons IN the lake on pylons. Additional cottage is Lake Lure's only "tiny house" on the lake, with a fenced yard and balcony that overlook the lake. Tranquil...Lake lure lakefront dream property | two houses - two lots - two docks plus boathouse with boat lift and workshop | sun deck - hot tub patio - approx 117 ft of shoreline. One of a kind Lake Lure lakefront and in-lake property. TWO cottages that can be an owner's compound and/or two vacation rentals. Primary cottage is one of a few homes on pylons IN the lake on pylons. Additional cottage is Lake Lure's only "tiny house" on the lake, with a fenced yard and balcony that overlook the lake. Tranquil cove for relaxation and water play. Lovely & expansive outdoor spaces. Perfect location mid lake on to enjoy ALL Lake Lure has to offer. Strong rental history as two rentals or whole property rental for larger groups. Designer furnishings throughout, being sold completely furnished with all contents making this your TURN KEY Lake Lure paradise. Property Manager "Banjoe Vacations" in place to provide an easy transition for those wanting to continue using it as a vacation rental. Broker/Owner
  1. Listed by Angie Cullen • Nest Realty Asheville • angie@nestrealty.com

Property Details for 1942 Memorial Highway

Waterfront Features
Boat House, Boat Lift, Dock, Other - See Remarks
View
Mountain(s), Water, Year Round
Parking Features
Driveway
Subdivision Name
None

Location

Listing Courtesy of Nest Realty Asheville
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LISTING UPDATED: 05/06/2024 02:23 PM

Property Details for 1942 Memorial Highway

StatusActive
MLS #4125916
Days on Market9
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1940
Lot Size0.16 AC / 6,969 SF
CountyRutherford County

Location

Listing Courtesy of Nest Realty Asheville
Add your commute

Building Information for 1942 Memorial Highway

Stories-Year Built1940Building Size-Lot Size0.16 AC / 6,969 SF

Payment Calculator

$5,694 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,430

Property Taxes

$264

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1942 Memorial Highway

Summary
Location and General Information
  • Water Body Name: Lake Lure
  • Longitude: -82.20869
  • Latitude: 35.429502
Taxes and HOA Information
  • HOA Subject To: None
  • Tax Assessed Value: $457,000.00
  • Parcel Number: 1625506
  • City Taxes Paid To: Lake Lure
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Open Parking: No
  • Carport: No
  • Garage: No
  • Main Level Garage: No
Virtual Tour
  • Web URL: www.nestrealty.com/1942Memorial
Property
Lot Information
  • Above Grade Finished Area: 770.0
  • Below Grade Finished Area: 0.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 770
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Lot Features: Flood Plain/Bottom Land, Level, Views, Waterfront
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource: 0
  • New Construction: No
  • Photos Count: 33
  • Road Responsibility: Publicly Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community: No
Utilities
  • Sewer: Public Sewer
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl, Wood
  • Patio And Porch Features: Balcony, Deck, Patio, Rear Porch, Side Porch, Other - See Remarks
  • Road Surface Type: Concrete, Gravel, Paved
Interior Features
  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Washer/Dryer
  • Levels: One
  • Cooling: Central Air, Window Unit(s)
  • Heating: Ductless, Heat Pump
  • Interior Features: Breakfast Bar, Open Floorplan
  • Laundry Features: Main Level
  • Fireplace: No
  • Flooring: Cork, Laminate, Tile
  • Foundation Details: Pillar/Post/Pier
  • Basement: No
  • Bedroom Main: 1
  • Bedroom Second LQ: 1
  • Full Bath Main: 1
  • Full Bath Second LQ: 1
  • Half Bath Main: 0
  • Half Bath Second LQ: 0
  • Second Living Quarters: Exterior Not Connected,Guest House
Room Information
Room 1
  • Room Types: Bedroom(s)
  • Room Level: Main
Room 2
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 3
  • Room Types: Kitchen
  • Room Level: Main
Room 4
  • Room Types: Living Room
  • Room Level: Main
Room 5
  • Room Types: Dining Area
  • Room Level: Main
Room 6
  • Room Types: Bedroom(s)
  • Room Level: 2nd Living Quarters
Room 7
  • Room Types: Living Room
  • Room Level: 2nd Living Quarters
Room 8
  • Room Types: Bathroom-Full
  • Room Level: 2nd Living Quarters
Room 9
  • Room Types: Kitchen
  • Room Level: 2nd Living Quarters

Property History for 1942 Memorial Highway

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1942 Memorial Highway

Taxable ValueLand$229,500Additions$227,500Total$457,000
Tax Record2021$3,164 ($264 / month)
Home Facts
Beds1Baths2Total Finished SqFt792 SqFtAbove Grade Finished SqFt792 SqFtStories1Lot Size3,920 SqFtStyleSingle Family ResidenceYear Built1940Year Renovated2000ZoningR4CountyRUTHERFORDAPN1625506Fireplace TypeHas Fireplace

Schools near 1942 Memorial Highway

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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1942 Memorial Highway is a single family home for sale in Lake Lure, NC 28746. This property was listed for sale on April 27, 2024 by Nest Realty Asheville, it's currently listed at $995,000. It has been on the market for a total of 9 days and was last sold on December 29, 2020. 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. 1942 Memorial Highway is a 2-bed, 2-bath, 1,027 sqft single family home built in 1940.

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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Nest Realty Asheville

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.