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Listed price in listed location currency (USD).
$389,000

320

MLS® 4342373

  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 950 sqft
Garage No
Taxes 
Days Active 3
Lot Size 
Approx. Age 1990
Avg. Price Per Sqft $409
MLS® Number 4342373

Property Address: 1828 Memorial Hwy, Lake Lure, NC, 28746-9171

Average square foot calculated using Size range provided by listing agent.

Description

Rare Commercial General (CG) zoning with this 3 bedroom home PLUS detached guest suite and large stable-style carport workshop. Enjoy tons of flexibility with zoning, layout, outbuildings, and tons of parking. This is a chance to customize this property to suit your needs. The guest suite has a new (Q3 2024) mini-split HVAC unit and the main house a new (July 2025) HVAC condenser. New flooring in 2024. Full paint in 2024. The property was recently leased long-term with exceptional provable rental income. This already thriving area gained massive additional notoriety from international news coverage of hurricane Helene in 2024 and the historic sale of its most iconic resort property and public beach management contracts that same year. The area is ripe for redevelopment and bursting at its seems with commercial business and hospitality potential. The sellers are motivated to move on post-Helene -- bring all reasonable offers. Nestled just 25 miles from Asheville, this iconic, high-traffic destination boasts a 720-acre lake with 27 miles of shoreline, surrounded by 3, 000+ ft peaks. With over 300, 000 annual visitors and famed filming locations like Dirty Dancing, this market offers exceptional commercial potential for hospitality and tourism. Chimney Rock State Park is also located just minutes away to the East. This awe-inspiring 535-million-year-old monolith offering breathtaking 75-mile panoramic views of Hickory Nut Gorge and Lake Lure. Featuring a 315-foot granite spire, this iconic, accessible natural wonder draws over 400, 000 visitors annually, providing unforgettable, scenic, and adventurous experiences.
MLS® Number4342373
Laundry LevelIn Kitchen
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1990
Basement
DrivewayDetached Carport, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 31, 2026List Date
$389,000List Price
Apr 16, 2024End Date
$350,000Sold Price

Sold

Mar 20, 2024List Date
$399,900List Price

Home Appraisal

This property is estimated to sell between: $389,000 and $913,000.
Similar properties in this area sold on average for: $737,857
Expected to sell in 101 days. Similar properties sold in 104 days. This home has been on eXp Realty for 3 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
1828 Memorial Hwy, Lake Lure, NC

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