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3207 Memorial Highway

Lake Lure, NC 28746

3 beds
3 baths
1,294 sqft
~3/4 acre lot
$985 per sqft
1991 build
– on site

Income producing property w/ 300 feet on the Rocky Broad River. Commercial or residential opportunities. Beautiful year-round views of Chimney Rock State Park on .74-acre with room on level ground for expansion or additional structures and parking. The main level has a primary BR, BA, kitchen, dining area, and 2-story great room w/ a wood burning stove. Upstairs is another BR and full BA, + a large office or flex space overlooking the living area. A lovely front porch wraps around the side of the home, and the expansive back deck overlooks the river. Separate living quarters in the finished basement is utilized as a short-term vacation rental with a family room, kitchenette, bedroom & full bathroom (gross income 2021 $38,672.50; 2022 $39,600.89; 2023 $34,985.38; 2024 to date $22,506.30). This property is in Lake Lure, and borders Chimney Rock Village. Right in the middle of all the action! By appointment only. Ample space for parking.

Listing courtesy of CMLS / Team Cleary Real Estate Inc

Last checked: Checking… • Last updated Nov 19, 2024 •

MLS# 4088956 —

The Building

Year Built:

1991
New Construction:

false
Construction Type:

Site Built
Subtype:

Single Family Residence
Construction Materials:

Wood
Patio And Porch Features:

Balcony, Covered, Deck, Front Porch, Side Porch
Window Features:

Insulated Window(s)
Security Features:

Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
Accessibility Features:

Ramp(s)-Main Level
Levels:

One and One Half
Basement:

Apartment, Exterior Entry, Partially Finished, Walk-Out Access
Basement:

true
Foundation Details:

Basement
SqFt Upper:

464
Above Grade Finished Area:

1294

Interior

Flooring:

Linoleum, Wood
Living Area:

1294
Fireplace:

true
Fireplace Features:

Great Room, Primary Bedroom, Propane

Location

Directions:

From downtown Lake Lure head up Hwy 64/74 towards Chimney Rock. 3207 Memorial Highway will be on your left, just past the entrance to the Geneva Riverside Motel and Tiki Bar.
Latitude:

35.436796
Longitude:

-82.239397
Elevation:

1000

The Property

Type:

Residential
View:

Mountain(s), Water, Year Round
Lot Size Area:

0.74
Lot Size Units:

Acres
Zoning:

CG
Zoning Specification:

CG
Road Responsibility:

Publicly Maintained Road
Road Surface Type:

Asphalt, Gravel, Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

1623036
Tax Assessed Value:

289100

Beds

Bedrooms Total:

3
Bedroom Main:

1
Bedroom Upper:

1
Bedroom Second LQ:

1

Baths

Baths:

3
Full Baths:

3
Full Baths Main:

1
Full Baths Upper:

1
Full Baths Second LQ:

1

The Listing

Virtual Tour
Virtual Tour
Special Listing Conditions:

None

Heating & Cooling

Heating:

Ductless, Heat Pump
Cooling:

Heat Pump

Utilities

Sewer:

Public Sewer
Water Source:

City

Appliances

Appliances:

Convection Oven, Dishwasher, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer/Dryer
Laundry Features:

Laundry Closet, Main Level

Schools

Elementary School:

Lake Lure Classical Academy
Middle School:

Lake Lure Classical Academy
High School:

Lake Lure Classical Academy

The Community

Subdivision Name:

None
Senior Community:

false
HOA Subject To:

None

Parking

Parking Features:

Driveway, Parking Space(s)
Garage:

false
Main Level Garage:

No
Carport:

false
Open Parking:

false

Extra Units

Second Living Quarters:

Exterior Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters

Monthly cost estimate

Asking price

$1,275,000

Expense	Monthly cost
Mortgage	$6,827
Taxes	N/A
Insurance	$350
Utilities	$129 See report
Total	$7,306/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
11/6/24 Nov 6, 2024	Price Changed	CMLS	$1,275,000	30.8%
12/1/23 Dec 1, 2023	Listed / Active	CMLS	$974,900

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Newest listings in Lake Lure, NC

This house located in Lake Lure, NC 28746 is currently for sale for $1,275,000. 3207 Memorial Highway is a 1,294 square foot house with 3 beds and 3 baths that has been on Estately for 359 days. This house is in the attendance area of R-S Middle School, Pinnacle Elementary School, and R-S Central High School.

Based on information submitted to the MLS GRID as of 11/24/2024 7:47 am. 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. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.