Waterfront
Address
176 Elkwood Drive, Lake Lure, NC
Price
$ 4,800,000
Property Attributes
  • ID#3861966
  • TypeSingle Family
  • CountyRUTHERFORD
  • CityLake Lure
  • AreaRutherford County
  • Zip28746
  • StyleBungalow
  • Price$ 4,800,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage576
  • Lot Size9.22 Acres
Data Source:
Canopy MLS
Property Description

Lake Lure Legacy offering. Approximately 9+ acres in Sunset Cove which affords breathtaking mountain, lake and sunset views. Offered for the first time in almost 60 years. The studio cottage was the site of the first “Firestarter” movie which debuted in 1984. It is currently operated as a short-term vacation rental. The cottage sits directly on the lake with a boardwalk & dock that extends from the cottage across the lakefront of the parcel. An adjacent large level site is the perfect spot to build a primary residence. In addition, there are several other possible building sites. The property is subject to limited covenants and restrictions and cannot be subdivided into more than 3 parcels. The property lies adjacent to Buffalo Shoals Road. There is a private shared drive that takes you to the cottage, however, should additional construction commence, a separate drive would need to be developed to access the property. Contact Listing Broker for details. See attached Survey

Elementary School Middle School High School
Lake Lure Classical Academy Elementary School Lake Lure Classical Academy Middle School Lake Lure Classical Academy High School
Price History
5/26/2022 Listed $4,800,000

General Features

Appliances Electric Range, Washer
Architectural Style Bungalow
Car Hoasubjectto None
City Lake Lure
Community Features Lake, Picnic Area, Recreation Area
Construction Materials Wood Siding
Construction Type Site Built
County Rutherford
Days on Market 69
Directions From Hwy 64/74 turn at The Highland Kitchen and Bar restaurant. Proceed over dam and then turn left into private drive.
Elementary School Lake Lure Classical Academy
Elevation 1000
Exterior Features Fire Pit
HLA Area 576
Heating Heat Pump, Heat Pump
High School Lake Lure Classical Academy
Middle/Junior High School Lake Lure Classical Academy
New Construction No
Property SubType Single Family Residence
Property Type Residential
Restrictions Other - See Media/Remarks
Roof Composition
Sewer Septic Installed
Standard Status Active
Street Name Elkwood
Structure Type One Story
Subdivision Name None
TaxAssessedValue 886900
Water Body Name Lake Lure
Waterfront Features Boat Slip (Deed), Covered structure, Pier
Year Built 1970
Zoning Description R1

Interior Features

Flooring Laminate
Full Baths 1
Laundry Features Main Level
SqFt Main 576
Street Suffix Drive
Total Baths 1
Total Bedrooms 1
Water Heater Electric

Exterior Features

Living Area 576
Building Area Total 576
Foundation Details Pier & Beam
Lot Features Cleared, Lake On Property, Lake Access, Level, Long Range View, Mountain View, Paved, Private, Sloped, Wooded, Views, Water View, Waterfront, Year Round View
Lot Size Area 9.22
Lot Size Units Acres
Main Level Garage YN No
Parking Features Driveway, Parking Space - 4+
Porch Deck
Road Responsibility Private Maintained Road
Road Surface Type Asphalt, Gravel, Other
Water Source Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 28746

Price
AVG $960K
$4.8M
Visits
AVG 77
279
Year Built
AVG 1992
1970

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