174 Ridge Rd, Lake Lure, NC, 28746

$1,000,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,207 SqFt
$829/SqFt
House

Location

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174 Ridge Rd, Lake Lure$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Space(s)
Year Built1966
HeatingHeat Pump, Radiant
CoolingCentral Air
BasementYes
WaterfrontBoat House, Boat Lift
FireplaceElectric, Family Room
ViewMountain(s), Water
MLS #4135962
StatusActive

About 174 Ridge Rd

Experience Western North Carolina Lake Life at its Best! 174 Ridge Rd is a Successful turn-key vacation home, nestled on the famed shores of Lake Lure. This property has been thoughtfully renovated and professionally designed to enhance and provide a premium guest experience accommodating up to 8 guests in 3 bedrooms and 2 baths. The open layout seamlessly transitions to expansive, multi-level decking, where the beautiful lake and mountain views provide a perfect backdrop for entertaining, enjoying your morning coffee, or relaxing in the hot tub. Just down a few sets of stairs, is a full boathouse, kayaks, and a waterslide, promising unforgettable summertime adventure. The 18 ft pontoon is available to purchase seperately. Beyond a fantastic personal vacation property, this home is a great investment, generating over $100K in gross revenue in 2023, and 2024 reservations are filling up now! Contact us for a private showing and spend your summer on the water!

Property Details

Property Features

Property Information:

  • Year Built: 1966
  • Living Area: 1,207 SqFt

Listing Office:

  • Office Name: LPT Realty, LLC

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave, Washer/Dryer
  • Basement: Yes
  • Flooring Type: Tile, Vinyl
  • Fireplace: Electric, Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Boat House, Boat Lift
  • View: Mountain(s), Water
  • Exterior: Fire Pit, Hot Tub, Rooftop Terrace

Parking Information:

  • Parking: Parking Space(s)

Virtual/3D Tour

  • 3D Tour: 174 Ridge Rd
3D Tour

Utilities

Utilities Information:

  • Heating: Heat Pump, Radiant
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $829/SqFt

Tax Information:

  • Annual Amount: $3,009
  • Tax Year: 2018
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Housing Market Comparison

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

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Lake Lure, NC

City

Med. Sold Price

$542.5K

Med. Price/SqFt

$274

Avg. Days On Market

157

# of Sold Homes

5

174 Ridge Rd vs Lake Lure

230 DAYS ON ROCKET

+73 Days

$1,000,000

+$457.5K More

$829/SqFt

+$554 More

KEY TAKEAWAY

This property is $457.5K more than the Median Sold Price and $554/SqFt more than other homes in Lake Lure, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4135962

Listing Office:

  • Office Name: LPT Realty, LLC

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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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: 12/22/2024, 4:21:50 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

Jul 01, 2021Home Sold
$650,000
Feb 02, 2018Home Sold
$215,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $217,800
2018$3,009$311,200
2017$2,748$311,200

History based on county public records data.

Payment Calculator

$5,058

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-1021229
6
/10

  • Sunny View Elementary School

  • 86 Sunny View School Rd

  • 4.88 miles

  • Public District Grades PK-5

school-card-donut-1021230
7
/10

  • Pinnacle Elementary School

  • 1204 Painters Gap Rd

  • 10.44 miles

  • Public District Grades PK-5

school-card-donut-1021231
2
/10

  • Edneyville Elementary School

  • 2875 Pace Rd

  • 11.18 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,857. Most Lake Lure, NC residents have annual incomes less than $35k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 174 Ridge Rd

What is the listing price of this property?

The listing price of 174 Ridge Rd property is $1,000,000.

What type of property is this?

The property 174 Ridge Rd is a house located in Lake Lure, North Carolina, 28746.

Is this property for sale now?

Active Listing: 174 Ridge Rd 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 2018 is $3,009 (source: MLS/based on county public records data).

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

The last sale was on July 1, 2021 for $650,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 174 Ridge Rd has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 174 Ridge Rd is 1,207 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 174 Ridge Rd is 1966.

Rocket Homes›North Carolina›Rutherford County›Lake Lure›28746›174 Ridge Rd

This home is located at 174 Ridge Rd in Lake Lure, NC and zip code 28746. This 1,207 square foot home was built in 1966. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $1,000,000.

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. In November 2024 in Lake Lure, NC there were 7.4% more homes for sale than in October 2024. 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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