Lake Lure · Lake Lure, NC
1029 Rainbow Circle
Lake Lure, NC · 2,847 sqft
$950,000
Reduced from $1,000,000
- 4Beds
- 4Baths
- 2,847SqFt
- 2015Year
- 236Days on market
About this home
Stunning log cabin in Riverbend at Lake Lure offers mountain vibes and breathtaking views of Little Mirror Lake. The main level features a sunny 2 story great room with a wall of windows, soaring riverstone gas fireplace, large open kitchen, primary bedroom suite with full bath, and a 1/2 bath in the common area. Upstairs, includes a lofted sitting area with views, 2 bedrooms and full guest bath. The lower level offers a large open entertainment space with table tennis and billiards, second primary bedroom w/ en-suite, a communal 1/2 bathroom and laundry. Both levels offer seamless indoor/outdoor living with expansive decks, a discreetly placed hot tub for ultimate relaxation and thoughtfully designed spaces leading to the lakefront, with private dock and water slide! Active short term rental and turnkey opportunity! Fully furnished and ready for your next adventure with acceptable offer. Material fact sheet is available, Contact for a private showing today!
Property details
- Beds
- 4
- Baths
- 4
- SqFt
- 2,847
- Lot
- —
- Year built
- 2015
- Type
- Single Family
- Days on market
- 236
- Style
- Cabin
- Heating
- Heat Pump
- Cooling
- Ceiling Fan(s), Central Air
- Foundation
- Basement
- View
- Water
- HOA dues
- $650 / yr
Features
- Hot Tub
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$7,046/ month
- Principal & interest
- $5,883
- Property tax (~1.05%)
- $831
- Homeowners insurance
- $277
- HOA dues
- $54
Down payment
$47,500 down · $902,500 financed
Income to qualify (28% rule)
~$301,976 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.