Lake Lure · Lake Lure, NC
336 Burnt Ridge Road
Lake Lure, NC · 2,157 sqft
$1,249,900
Reduced from $1,399,000
- 3Beds
- 2.5Baths
- 2,157SqFt
- 1993Year
- 90Days on market
About this home
Come put your personal touches to this lakefront gem and make it shine! Southern exposure lake home located where the corner of Lake Lure’s main channel and center meet with big year-round 180-degree panoramic views. This 3-bedroom, 2.5 bath + bonus room home offers unlimited potential, an ideal opportunity for you to customize and update to suit your unique style. New roof March 2026. Primary bedroom and full bath are on the main level along with an open concept living room with stone gas log fireplace, eat in kitchen, half bath laundry room. Downstairs you’ll find a nice recreational room with wet bar, 2 additional large bedrooms, full bath and a bonus sunroom for accommodating additional guests. Both levels are full of windows overlooking the lake and French door access to the large rear and side decks. Level paved parking in front of the home offers easy access. Priced to allow for updates and some structural repairs to the stairs leading to the lake and the 2-slip boathouse with large sun deck. The stairs and boathouse have composite decking - new stringers to the stairs are needed as well as some boathouse supports and cross bracing. A local marine contractor provided a verbal estimate range of $55-$70K. The floor joists on the lower-level basement area have some bowing, and there are cracked tiles in the kitchen, which may need to be assessed as well.
Property details
- Beds
- 3
- Baths
- 2.5
- SqFt
- 2,157
- Lot
- —
- Year built
- 1993
- Type
- Single Family
- Days on market
- 90
- Heating
- Forced Air
- Cooling
- Central Air
- Foundation
- Basement
- Flooring
- Carpet, Tile
- View
- Mountain(s), Water, Year Round
Features
- Breakfast Bar
- Kitchen Island
- Walk-In Closet(s)
- Wet Bar
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$9,199/ month
- Principal & interest
- $7,740
- Property tax (~1.05%)
- $1,093
- Homeowners insurance
- $364
- HOA dues
- —
Down payment
$62,495 down · $1,187,405 financed
Income to qualify (28% rule)
~$394,251 / 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.