Lake Lure · Lake Lure, NC
1111 Bills Creek Road
Lake Lure, NC · 2,608 sqft
$1,390,000
- 5Beds
- 1.5Baths
- 2,608SqFt
- 1909Year
- 107Days on market
About this home
Located only minutes from Rumbling Bald on Lake Lure, this picturesque Victorian style farmhouse sits on over 14 acres which includes multiple building sites, pasture, garden space, green house, and in-ground pool. This unique property is suitable for estate living, farm-to-table restaurant and/or small private inn with some modifications. The possibilities are endless. The covered front porch wraps to the side of the house and provides a relaxing area for rocking, enjoying outdoor lunch or sipping tea. The grounds provide an abundance of opportunities in gardens, lawn games and animal husbandry. Barns and outbuildings could be reimagined as event space, shops, spa space, etc. A short 4-mile drive to shopping, restaurants and access to Lake Lure. Airports in Greenville SC, Asheville and Charlotte are all within 1 ½ hours. As infrastructure is being re-built in Lake Lure, now is a great opportunity to create a lasting legacy.
Property details
- Beds
- 5
- Baths
- 1.5
- SqFt
- 2,608
- Lot
- —
- Year built
- 1909
- Type
- Single Family
- Days on market
- 107
- Style
- Victorian
- Heating
- Floor Furnace
- Cooling
- Central Air, Heat Pump
- Foundation
- Crawl Space
- View
- Long Range
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$10,230/ month
- Principal & interest
- $8,608
- Property tax (~1.05%)
- $1,216
- Homeowners insurance
- $405
- HOA dues
- —
Down payment
$69,500 down · $1,320,500 financed
Income to qualify (28% rule)
~$438,443 / 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.