176 Hemlock Lane, Lake Lure, NC 28746

$995,000 · 3 bd · 5 ba · 4470 sqft

About This Property

Investor's dream. Turn key STR, sold fully furnished. Three Bedroom septic, but home has two more extra rooms. Purchased lot next door and combined for 2.45 acres. Could likely expand septic for 5 bedrooms. Lots of upgrades - roof, patio, primary bathroom, additional full bath added, new flooring, second dryer added, septic riser added, Was rented summers only and had 5 star review average. Grossed $60K for summers ONLY. Potential to gross $100K. Located inside the gates of Rumbling Bald on Lake Lure. Walking distance (2/10 of a mile) to Resort amenities. Includes Tesla charger. Includes all resort amenities - 2 golf courses, several pools including an indoor pool and a lazy river. Fitness Center, Spa, basketball courts, marina to rent boats, pickle ball and tennis courts and more. See Rumbling Bald website. One time $11K initiation applies, however Seller will pay this with an acceptable offer. Research new IRS short term rental depreciation rules

Location

176 Hemlock Lane, Lake Lure, NC 28746

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Property Details

Overview

Property TypeSingle Family Residence

Year Built2003

Lot Size2.45 Acres

Stories/LevelsTwo

Interior

Bedrooms3

Bathrooms (Full)4

Bathrooms (Half)1

Total Rooms16

Sqft4,470

HeatingCentral, Forced Air

Cooling / A/CCentral Air

Exterior

Garage Spaces2

ExteriorFiber Cement

FoundationBasement

RoofArchitectural Shingle

Financial

List Price$995,000

HOA/Maintenance$4,967/mo

Original Price$995,000

Location

Address176 Hemlock Lane, Lake Lure, NC 28746

NeighborhoodRumbling Bald on Lake Lure

CityLake Lure

CountyRutherford

StateNC

Zip28746

Listed by Bach Real Estate LLC · Laurie@BachRealEstate.net MLS# CAR4374433

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