176 Elkwood Drive, Lake Lure, NC 28746

$4,300,000
1
BD
1
BA
576
SqFt

Listing courtesy of Pinnacle Sothebys International Realty

List Price
$4,300,000
MLS#
CAR3861966
Status
ACTIVE
Days on Market
310
Property Type
Residential
Architectural Style
Bungalow
Distressed Property
Yes
Year Built
1970
Price Change
▼ $500,000 1669682992
Bedrooms
1
Bathrooms
1
Full Baths
1
Lot Size
401,623
Lot Size Area
9.22
Living Area
576
Sq Ft Total
576
County
Rutherford
Subdivision
No Neighborhood
Special Conditions
Subject to Lease
Waterfront
Yes
Waterfront Features
Boat Slip (Deed), Covered structure, Lake, Pier

Property Description

Lake Lure Legacy offering. Approximately 9+ acres in Sunset Cove which affords breathtaking mountain, lake and sunset views. Offered for the first time in almost 60 years. The studio cottage was the site of the first “Firestarter” movie which debuted in 1984. It is currently operated as a short-term vacation rental. The cottage sits directly on the lake with a boardwalk & dock that extends from the cottage across the lakefront of the parcel. An adjacent large level site is the perfect spot to build a primary residence. In addition, there are several other possible building sites. The property is subject to limited covenants and restrictions and cannot be subdivided into more than 3 parcels. The property lies adjacent to Buffalo Shoals Road. There is a private shared drive that takes you to the cottage, however, should additional construction commence, a separate drive would need to be developed to access the property. Contact Listing Broker for details. See attached Survey

Additional Information

Community Features
Picnic Area, Recreation Area
Floor Coverings
Laminate
Equipment
Electric Range, Electric Water Heater, Washer
Foundation
Pillar/Post/Pier
Main Level Rooms
Bathroom-Full
Laundry Location
Main Level
Heating
Heat Pump
Water
Well
Sewer
Septic Installed
Exterior Features
Fire Pit
Exterior Construction
Wood
Roof
Composition
Parking
Driveway, Parking Space(s)
Driveway
Asphalt, Gravel, Other, Paved
Lot Description
Cleared, Level, Paved, Private, Sloped, Wooded, Views, Waterfront, Lake On Property
Elementary School
Lake Lure Classical Academy
Middle School
Lake Lure Classical Academy
High School
Lake Lure Classical Academy
Total Property HLA
576
Master on Main Level
Yes

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2023 Canopy MLS as distributed by MLS GRID”

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