111 Arabesque Way, Lake Lure, NC, 28746

$999,999

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
4,062 SqFt
$246/SqFt
House

Location

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111 Arabesque Way, Lake Lure$999,999

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport
Year Built2008
HeatingHeat Pump
CoolingCentral Air
BasementYes
FireplaceGas
ViewOther, Mountain(s)
MLS #4194636
StatusActive

About 111 Arabesque Way

Discover the beauty of this exceptional custom Arts and Crafts style home, nestled within the exclusive gated community of Twelve Mile Post in Lake Lure. Boasting breathtaking long-range mountain views, this property offers a perfect blend of comfort and elegance. Featuring three spacious bedrooms plus a convenience and privacy are prioritized throughout the home. Set on an expansive 10.78 acres, the property presents numerous possibilities, particularly in the versatile lower level, which includes a full kitchen-ideal for entertaining or creating an in-law suite. Embrace the serene lifestyle this remarkable home offers, surrounded by nature and stunning vistas. 4-bedroom septic permit on file.

Property Details

Property Features

Property Information:

  • Architectural Style: Arts and Crafts
  • Year Built: 2008
  • Living Area: 4,062 SqFt

Listing Office:

  • Office Name: Allen Tate/Beverly-Hanks Hendersonville
  • Office Email: brightscreek.team@allentate.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
  • Basement: Yes
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Attic Walk In, Garden Tub
  • Fireplace: Gas

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Other, Mountain(s)

Parking Information:

  • Parking: Attached Carport

Virtual/3D Tour

  • Virtual Tour: 111 Arabesque Way
Virtual Tour

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Do not use GPS. Hwy 9 to Grassy Knob to left on Pipers Neck. See the rear gated entrance to community.

Price Information

Listing Price Info

Price Summary:

  • List Price: $999,999
  • Price Per SqFt: $246/SqFt

HOA Fees:

  • Amount: $575
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,731
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Lure, NC.

Med. Sold Price

$542.5K

Med. Price/SqFt

$274

Avg. Days On Market

157

# of Sold Homes

5

111 Arabesque Way vs Lake Lure

39 DAYS ON ROCKET

-118 Days

$999,999

+$457.4K More

$246/SqFt

-$29 Less

KEY TAKEAWAY

This property is $457.4K more than the Median Sold Price and $29/SqFt less than other homes in Lake Lure, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4194636

Listing Office:

  • Office Name: Allen Tate/Beverly-Hanks Hendersonville
  • Office Email: brightscreek.team@allentate.com

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 12:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 26, 2013Home Sold
$409,000
Nov 25, 2013Home Sold
$409,000
Oct 17, 2007Home Sold
$132,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,731$408,300
2020$2,731$408,300
2018$2,530$373,800
2017$2,493$373,800

History based on county public records data.

Payment Calculator

$5,105

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3490831
6
/10
  • Sunny View Elementary School

  • 86 Sunny View School Rd

  • 3.38 miles

  • Public District Grades PK-5

school-card-donut-3490832
7
/10
  • Polk Central Elementary School

  • 2141 S NC 9 Hwy

  • 8.68 miles

  • Public District Grades PK-5

school-card-donut-3490833
7
/10
  • Pinnacle Elementary School

  • 1204 Painters Gap Rd

  • 8.86 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,857. Residents of Lake Lure, NC typically earn less than $35k each year. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 111 Arabesque Way

What is the listing price of this property?

The listing price of 111 Arabesque Way property is $999,999.

What type of property is this?

The property 111 Arabesque Way is a house located in Lake Lure, North Carolina, 28746.

Is this property for sale now?

Active Listing: 111 Arabesque Way is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,731 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 26, 2013 for $409,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 111 Arabesque Way has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 111 Arabesque Way is 4,062 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 111 Arabesque Way is 2008.

Rocket HomesNorth CarolinaRutherford CountyLake Lure28746111 Arabesque Way

This home is located at 111 Arabesque Way in Lake Lure, NC and zip code 28746. This 4,062 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $999,999.

While more than 0 listings in Lake Lure, NC in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 5 were sold below. The inventory of homes for sale in Lake Lure, NC between October 2024 and November 2024 increased by 7.4%. While the average time on the market in November 2024 was 157 days, the median list price was $542,500.

From Rocket Homes Real Estate and based on county public records data.

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