Lake Lure · Lake Lure, NC
518 Nors Way
Lake Lure, NC · 1,248 sqft
$139,000
Reduced from $160,000
- 3Beds
- 2Baths
- 1,248SqFt
- 2004Year
- 75Days on market
About this home
Private Mountain Retreat in Lake Lure! This charming WNC mountain property spans over 2 private acres, offering the perfect blend of comfort, functionality and self-sufficient living. The 3BR/2BA home features open concept living and includes a cozy wood-burning stove, ideal for cool mountain evenings! The property is thoughtfully equipped for homesteading with raised garden beds, a chicken coop, and a peaceful backyard pond. A fenced back yard provides space for pets, gardening, or outdoor enjoyment, while multiple outbuildings offer excellent storage and workspace options. Surrounded by natural beauty yet conveniently located to Lake Lure, Old Fort, Asheville, and more! This property is ideal for full-time living, a mountain getaway, or investment opportunity!
Property details
- Beds
- 3
- Baths
- 2
- SqFt
- 1,248
- Lot
- —
- Year built
- 2004
- Type
- Single Family
- Days on market
- 75
- Heating
- Heat Pump, Wood Stove
- Cooling
- Window Unit(s)
- Foundation
- Crawl Space, Permanent
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$1,023/ month
- Principal & interest
- $860
- Property tax (~1.05%)
- $121
- Homeowners insurance
- $40
- HOA dues
- —
Down payment
$6,950 down · $132,050 financed
Income to qualify (28% rule)
~$43,844 / 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.