$1,275,000
For Sale

3207 Memorial Highway

Lake Lure, NC 28746
3 beds | 3 baths | #4088956
Browse 43 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Income producing property w/ 300 feet on the Rocky Broad River. Commercial or residential opportunities. Beautiful year-round views of Chimney Rock State Park on .74-acre with room on level ground for expansion or additional structures and parking. The main level has a primary BR, BA, kitchen, dining area, and 2-story great room w/ a wood burning stove. Upstairs is another BR and full BA, + a large office or flex space overlooking the living area. A lovely front porch wraps around the side of the home, and the expansive back deck overlooks the river. Separate living quarters in the finished basement is utilized as a short-term vacation rental with a family room, kitchenette, bedroom & full bathroom (gross income 2021 $38,672.50; 2022 $39,600.89; 2023 $34,985.38; 2024 to date $22,506.30). This property is in Lake Lure, and borders Chimney Rock Village. Right in the middle of all the action! By appointment only. Ample space for parking.

  • Property Details
      • AppliancesConvection Oven, Dishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer/Dryer
      • Basement DescriptionApartment, Exterior Entry, Partially Finished, Walk-Out Access
      • ViewMountain(s), Water, Year Round
      • Parking FeaturesDriveway, Parking Space(s)
      • Elementary SchoolLake Lure Classical Academy
      • Middle SchoolLake Lure Classical Academy
      • High SchoolLake Lure Classical Academy
      • Property SubtypeSingle Family Residence
      • StoriesOne and One Half
      • Sewer InformationPublic Sewer
      • CountyRutherford
      • CoolingHeat Pump
      • Cooling FeaturesHeat Pump
      • Parking TypeDriveway
      • Property TypePurchase
      • FoundationBasement
      • Original List Price$974,900
      • MLS #4088956
      • Cost1275000
      • Parcel Number1623036
      • MLS #4088956
      • Year Built1991
      • Utility SourceCity
      • Days on Market (Cumulative)378
      • ZoningCG
      • Bedrooms3
      • Bathrooms3
      • Full Baths3
      • Basement1
      • Basement Finished1

Location

Chris Cunningham | COMPASSReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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