1942 Memorial Highway Lake Lure, NC $ 825,000
1942 Memorial Highway
$ 825,000
Recently Listed
Share Save

1942 Memorial Highway

Lake Lure, NC, 28746
$ 825,000
Bedrooms3 Baths2.0 Sq 1,096

Monthly Estimate*

$ 5,698

1942 Memorial Highway, Lake Lure, NC 28746 - Image 1
1942 Memorial Highway, Lake Lure, NC 28746 - Image 2
1942 Memorial Highway, Lake Lure, NC 28746 - Image 3
1942 Memorial Highway, Lake Lure, NC 28746 - Image 4
1942 Memorial Highway, Lake Lure, NC 28746 - Image 5
1942 Memorial Highway, Lake Lure, NC 28746 - Image 6
1942 Memorial Highway, Lake Lure, NC 28746 - Image 7
1942 Memorial Highway, Lake Lure, NC 28746 - Image 8
1942 Memorial Highway, Lake Lure, NC 28746 - Image 9
1942 Memorial Highway, Lake Lure, NC 28746 - Image 10
1942 Memorial Highway, Lake Lure, NC 28746 - Image 11
1942 Memorial Highway, Lake Lure, NC 28746 - Image 12
1942 Memorial Highway, Lake Lure, NC 28746 - Image 13
1942 Memorial Highway, Lake Lure, NC 28746 - Image 14
1942 Memorial Highway, Lake Lure, NC 28746 - Image 15
1942 Memorial Highway, Lake Lure, NC 28746 - Image 16
1942 Memorial Highway, Lake Lure, NC 28746 - Image 17
1942 Memorial Highway, Lake Lure, NC 28746 - Image 18
1942 Memorial Highway, Lake Lure, NC 28746 - Image 19
1942 Memorial Highway, Lake Lure, NC 28746 - Image 20
1942 Memorial Highway, Lake Lure, NC 28746 - Image 21
1942 Memorial Highway, Lake Lure, NC 28746 - Image 22
1942 Memorial Highway, Lake Lure, NC 28746 - Image 23
1942 Memorial Highway, Lake Lure, NC 28746 - Image 24
1942 Memorial Highway, Lake Lure, NC 28746 - Image 25
1942 Memorial Highway, Lake Lure, NC 28746 - Image 26
1942 Memorial Highway, Lake Lure, NC 28746 - Image 27
1942 Memorial Highway, Lake Lure, NC 28746 - Image 28
1942 Memorial Highway, Lake Lure, NC 28746 - Image 29
1942 Memorial Highway, Lake Lure, NC 28746 - Image 30
1942 Memorial Highway, Lake Lure, NC 28746 - Image 31
1942 Memorial Highway, Lake Lure, NC 28746 - Image 32
1942 Memorial Highway, Lake Lure, NC 28746 - Image 33
1942 Memorial Highway, Lake Lure, NC 28746 - Image 34
1942 Memorial Highway, Lake Lure, NC 28746 - Image 35
1942 Memorial Highway, Lake Lure, NC 28746 - Image 36
1942 Memorial Highway, Lake Lure, NC 28746 - Image 37
1942 Memorial Highway, Lake Lure, NC 28746 - Image 38
1942 Memorial Highway, Lake Lure, NC 28746 - Image 39
1942 Memorial Highway, Lake Lure, NC 28746 - Image 40
1942 Memorial Highway, Lake Lure, NC 28746 - Image 41
1942 Memorial Highway, Lake Lure, NC 28746 - Image 42
View a Virtual Tour

Single Family Home for sale in Lake Lure, NC

for $825,000 with 3 bedrooms and 2 full baths. This 1,096 square foot home was built in 1940 on a lot size of 0.16.

Offered at $825,000, below current appraised value!** Discover a truly extraordinary Lake Lure waterfront opportunity featuring TWO homes, TWO lots, TWO docks, a boathouse with mechanical boat lift, and approximately 117 feet of shoreline. Nestled along a tranquil cove in a desirable mid lake location, this one of a kind property offers an exceptional combination of lakefront living, privacy, and investment potential. The beautifully renovated primary cottage is among the few homes built on pylons directly over Lake Lure, creating an unforgettable experience where you can step outside, jump into the lake, or simply relax and watch the ducks swim by. Thoughtfully reimagined with designer finishes throughout, the home features one bedroom plus a bonus guest space, a stunning new kitchen with quartz countertops and Spanish tile, an updated bathroom, and waterproof luxury vinyl plank flooring. Extensive improvements include new electrical, plumbing, HVAC, spray foam insulation, maintenance free metal board and batten siding, and a newly sealed metal roof. A second charming waterfront cottage, known as Lake Lure's only lakeside tiny house, offers additional accommodations with a private fenced yard and balcony overlooking the water. Expansive outdoor living spaces include a sun deck, hot tub patio, two docks, a separate boathouse with mechanical lift, and a workshop. Both homes are being sold completely furnished with stylish new indoor and outdoor furnishings and artwork, creating a truly turnkey opportunity. With a strong vacation rental history and an established property manager available for a seamless transition, this unique offering is equally suited for a private lakefront retreat, multigenerational getaway, or income producing investment. Permits on file with Rutherford County and structural letter available. An exceptional opportunity to own a distinctive piece of Lake Lure waterfront living! Broker/Owner

See more

Single Family Active

Price

$ 825,000

Bedrooms

3

Full Bath

2

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.16

Year Built

1940

Town/City

Lake Lure

County/Region

Rutherford

MLS | Web ID

4438860

Features
General
Living Area 771
Sewer Public Sewer
Heating Ductless Heat Pump
Cooling Central Air Window Unit(s)
Appliances Dishwasher Dryer Electric Oven Electric Range Electric Water Heater Microwave Refrigerator Washer Washer/Dryer
Patio/Porch Features Balcony Deck Patio Rear Porch Side Porch Other - See Remarks
Construction Materials Aluminum Wood
Year Built 1940
View Mountain(s) Water Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 0642463629
Waterfront Features Boat House Boat Lift Dock Other - See Remarks
Additional Parcels Description 0642463624
County Rutherford
New Construction N
Property Type Residential
HOA N
Subdivision Name None
Garage Y/N N
Full Baths 2
High School Unspecified
City Lake Lure
Body of Water Lake Lure
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Y
Virtual Tour https://www.zillow.com/view-imx/8038b50d-3b92-487a-b536-8d88129b617d?initialViewType=pano https://www.zillow.com/view-imx/8038b50d-3b92-487a-b536-8d88129b617d?initialViewType=pano
Standard Status Active
Construction Type Site Built
Tax Assessed Value 457000
See more
Interior
Interior Amenities Breakfast Bar Open Floorplan
Flooring Cork Laminate Tile
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 771
Half Baths 0
Laundry Features Main Level
Total Bedrooms 3
Below Grade Finished Area 0
Total Baths 2
SqFt Main 771
SqFt Lower 0
SqFt Upper 0
Bedroom 2
See more
Exterior
Parking Features Driveway
Lot Features Flood Plain/Bottom Land Level Views Waterfront
Water Source City
Lot Size Area 0.16
Foundation Details Pillar/Post/Pier
Road Surface Type Concrete Gravel Paved
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
See more
Internal Only
Street Number 1 1942
See more
* Excluded Features
List By
Nest Realty Asheville

Broker

Affordability Calculator

$5,698
Per Month
100%
0%
0%
Monthly Principal & Interest
$5,698
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2026$825,000 Listed Price

Map


See all

1942 Memorial Highway, Lake Lure, NC, 28746 is a Single Family Home for sale at $825,000 with 1,096 sqft and a lot size of 0.16. 1942 Memorial Highway has 3 bedrooms, 2.0 baths, and was built in 1940. The property's zip code is 28746 which is in Lake Lure, NC