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John KurtzCharlotte · NC

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Lake Lure · Lake Lure, NC

176 Hemlock Lane

Lake Lure, NC · 4,160 sqft

$949,900

Reduced from $995,000

  • 3Beds
  • 4.5Baths
  • 4,160SqFt
  • 2003Year
  • 19Days on market

About this home

Investor’s Dream – Turnkey Furnished STR in Gated Rumbling Bald on Lake Lure!

This spacious 4,160 sqft home sits on a beautifully expanded 2.45-acre private lot and offers immediate income potential with a proven rental history. Previously rented summers only, it delivered strong 5-star reviews and approximately $60K in gross revenue—with room to grow to $100K+ through year-round use. Sold fully furnished and move-in ready.

Key Features & Upgrades:

• 3 bedrooms, 5 bathrooms (per septic permit) PLUS two bonus rooms

• Additional finished lower-level rooms (flexible space for office, rec room, or extra sleeping areas—buyer to verify any septic expansion with the county health department)

• Major recent updates: new roof, new flooring throughout, remodeled primary bathroom, additional full bath added, second dryer, septic riser, and new patio

• Tesla charger included

• Walking distance (just 2/10 mile) to Rumbling Bald resort amenities

Enjoy access to two golf courses, multiple pools (including indoor and lazy river), fitness center, spa, tennis/pickleball courts, basketball, marina with boat rentals, and more. See the Rumbling Bald website for full details. Seller will pay the one-time $11,000 initiation fee with an acceptable offer.

Located inside the gates of this premier Lake Lure community, the home offers privacy, space to entertain, and easy access to all the mountain lake lifestyle has to offer. Perfect for personal use or as a high-performing short-term rental.

Please note that the ceiling in the lower level hallway is unfinished.

Research current IRS short-term rental depreciation rules for additional investment benefits. Don’t miss this rare opportunity—schedule your showing today!

Property details

Beds
3
Baths
4.5
SqFt
4,160
Lot
Year built
2003
Type
Single Family
Days on market
19
Garage
2
Style
Contemporary
Heating
Central, Forced Air
Cooling
Central Air
Foundation
Basement
HOA dues
$4,967 / yr

Features

  • Fire Pit

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$7,405/ month

Principal & interest
$5,883
Property tax (~1.05%)
$831
Homeowners insurance
$277
HOA dues
$413

Down payment

$47,495 down · $902,405 financed

Income to qualify (28% rule)

~$317,363 / 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.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.