388 Island Creek Rd, Lake Lure, NC, 28746

$495,000

Home List Price

$5,878*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
4,229 SqFt
$117/SqFt
House

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

388 Island Creek Rd, Lake Lure$495,000

Buyer Closing Credits

$5,878*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDetached Carport, Driveway, Parking Space(s)
Year Built1990
HeatingBaseboard, Ductless, Heat Pump
CoolingCentral Air, Heat Pump
BasementYes
MLS #4062749
StatusActive

About 388 Island Creek Rd

A wonderful opportunity exists in this private mini estate located just outside the town limits of Lake Lure. The main site-built has over 4200 sq. feet. On the grounds are also a small creek, a manufactured home that has been added onto and offers living, dining, kitchen, bedroom and bath of appx 1068 sq,ft., a two-bay garage with workshop and storage, a separate storage barn, and a covered carport with attached storage room. This home needs some TLC but has amazing possibilities. The main home has a large great room with fireplace, kitchen, and dining as well as a butler’s kitchen. There are two bedrooms on the main level, two full baths and a powder room. A wrap around enclosed screen porch, encircles the entire living/dining/kitchen area. The lower level has a separate living space with kitchen and another bedroom and bath. Lots of storage and a covered porch surrounds the lower level. Property is being sold “as is” and is an estate being managed by the owner’s guardian.

Property Details

Property Features

Property Information:

  • Year Built: 1990
  • Living Area: 4,229 SqFt

Listing Office:

  • Office Name: Pinnacle Sothebys International Realty
  • Office Email: tom@pinnaclesir.com

Interior Features

Interior Information:

  • Appliances: Electric Oven, Electric Range
  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Detached Carport, Driveway, Parking Space(s)

Utilities

Utilities Information:

  • Heating: Baseboard, Ductless, Heat Pump
  • Cooling: Central Air, Heat Pump

Other

Directions Information:

  • Directions: Hwy 74 or Hwy 9 to Island Creek Road. Drive is gated and locked.

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $117/SqFt

Tax Information:

  • Annual Amount: $1,155
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Lake Lure, NC

City

Med. Sold Price

$515K

Med. Price/SqFt

$274

Avg. Days On Market

110

# of Sold Homes

1

388 Island Creek Rd vs Lake Lure

339 DAYS ON ROCKET

+229 Days

$495,000

-$20K Less

$117/SqFt

-$158 Less

KEY TAKEAWAY

This property is $20K less than the Median Sold Price and $158/SqFt less than other homes in Lake Lure, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4062749

Listing Office:

  • Office Name: Pinnacle Sothebys International Realty
  • Office Email: tom@pinnaclesir.com

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

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 10:51:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,155$248,000
2020$1,155$248,000
2018$1,069$235,800
2017$1,019$235,800

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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-644512
6
/10

  • Sunny View Elementary School

  • 86 Sunny View School Rd

  • 3.11 miles

  • Public District Grades PK-5

school-card-donut-644513
7
/10

  • Polk Central Elementary School

  • 2141 S NC 9 Hwy

  • 9.35 miles

  • Public District Grades PK-5

school-card-donut-644514
7
/10

  • Pinnacle Elementary School

  • 1204 Painters Gap Rd

  • 10.34 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. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 388 Island Creek Rd

What is the listing price of this property?

The listing price of 388 Island Creek Rd property is $495,000.

What type of property is this?

The property 388 Island Creek Rd is a house located in Lake Lure, North Carolina, 28746.

Is this property for sale now?

Active Listing: 388 Island Creek 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 2021 is $1,155 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 388 Island Creek Rd has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 388 Island Creek Rd is 4,229 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 388 Island Creek Rd is 1990.

Rocket Homes›North Carolina›Rutherford County›Lake Lure›28746›388 Island Creek Rd

This home is located at 388 Island Creek Rd in Lake Lure, NC and zip code 28746. This 4,229 square foot home was built in 1990. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 14, 2023 and is currently priced at $495,000.

In October 2024 more than 0 listings in Lake Lure, NC were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 1 were sold below. The number of listings in Lake Lure, NC decreased by 3.6% between September 2024 and October 2024. Listings spent 110 days on the market in October 2024, and had a median list price of $515,000 during the same period.

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

More Resources