517 Luther Burbank Drive, Lake Lure, NC 28746

$465,000
2
BD
2
BA
1,107
SqFt

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Listing courtesy of EXP Realty LLC. michael.szabo@exprealty.com

Sold listing courtesy of Agent Group Realty LLC

Sold Price
$465,000
List Price
$460,000
MLS#
4383872
Status
CLOSED
Days on Market
28
Property Type
Residential
Architectural Style
A-Frame, Cabin
Year Built
2019
Closing Date
Jun 17, 2026
Bedrooms
2
Bathrooms
2
Full Baths
2
Lot Size
60,548
Lot Size Area
1.3900000000000001
Living Area
1,107
Sq Ft Total
1107
County
Rutherford
Subdivision
Chimney Rock Mountains
Special Conditions
None

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

Additional Information

Fireplace
Yes
Floor Coverings
Wood
Equipment
Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Freezer, Microwave, Oven, Refrigerator, Washer, Washer/Dryer
Foundation
Basement
Laundry Location
In Basement
Heating
Central, Electric, Forced Air, Heat Pump
Water
City
Sewer
Septic Installed
Exterior Features
Above Ground Hot Tub / Spa, Fire Pit, Hot Tub
Exterior Construction
Hard Stucco, Log
Roof
Architectural Shingle
Parking
Driveway
Driveway
Gravel
Lot Description
Corner Lot, Green Area, Sloped, Wooded, Views
Elementary School
Lake Lure Classical Academy
Middle School
Lake Lure Classical Academy
High School
Lake Lure Classical Academy
Zoning
RES
Total Property HLA
1107

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Amount of Loan
Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

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