$465,000

$460,000 1.1%

Est. payment - /mo

2 Beds

2 Baths

1,107 SqFt

UPDATED:

Key Details

Sold Price $465,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,107 sqft

Price per Sqft $420

Subdivision Chimney Rock Mountains

MLS Listing ID 4383872

Style A-Frame,Cabin

Bedrooms 2

Full Baths 2

Year Built 2019

Lot Size 1.390 Acres

Property Sub-Type Single Family Residence

Property Description

Welcome to 517 Luther Burbank Dr in beautiful Lake Lure — a proven successful vacation rental being sold fully furnished and completely turnkey, and was built and designed with the intention of hosting guests. Whether you're looking for an income-producing investment property, a mountain getaway, or both, this charming home is ready to start generating revenue from day one.
This bright and airy, well-maintained 2-bedroom, 2 full bathroom home offers the perfect blend of comfort, privacy, and outdoor living. Stunning mountain views can be appreciated from multiple rooms in the home. Guests and owners alike will love the spacious wraparound deck on the main level, ideal for relaxing, entertaining, or enjoying the peaceful and private setting. Upstairs, the primary loft style bedroom features its own east facing private deck, creating the perfect spot for a beautiful sunrise or unwinding in the evening and watching the sun set over Party Rock mountain. There is a full, unfinished basement that is ready to be finished easily with pre plumbed pipes installed, multiple windows, tall ceilings, and sliding door access to the yard.
Outside, the property features a large yard with plenty of space to enjoy the outdoors, along with a hot tub and fire pit that make this home especially appealing as a vacation destination year-round.
Conveniently located near all that Lake Lure and Chimney Rock have to offer, this property is a rare opportunity to own a successful short-term rental in one of Western North Carolina's most sought-after mountain destinations. All roads leading to the home are maintained by the DOT and Town of Lake Lure.
Currently using Starlink for high speed internet and have fantastic connectivity.
5 minutes to Morse Park, Lake Lure public beach, La Strada, Grey Hawk, and other great restaurants.
8 minutes to Chimney Rock Village and Chimney Rock State Park

Location

State NC

County Rutherford

Zoning RES

Interior

Heating Central, Electric, Forced Air, Heat Pump

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Wood

Fireplaces Type Fire Pit, Gas Log

Laundry In Basement

Exterior

Exterior Feature Above Ground Hot Tub / Spa, Fire Pit, Hot Tub

Utilities Available Propane, Underground Utilities

View Long Range, Mountain(s), Winter, Year Round

Roof Type Architectural Shingle

Building

Lot Description Corner Lot, Green Area, Sloped, Wooded, Views

Foundation Basement

Sewer Septic Installed

Water City

Structure Type Hard Stucco,Log

New Construction false

Schools

Elementary Schools Lake Lure Classical Academy

Middle Schools Lake Lure Classical Academy

High Schools Lake Lure Classical Academy

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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Listed by Mike Szabo • EXP Realty LLC • michael.szabo@exprealty.com
Bought with Todd Westover • Agent Group Realty LLC

Nearby School & Business

Get More Information

Michelle Giolitti

+1(704) 787-2990

Broker | License ID: 269070

Broker License ID: 269070

517 Luther Burbank DR Lake Lure, NC 28746