$460,000
Est. Payment: $2,364/mo
Adjust down payment, rate & terms
517 Luther Burbank Dr, Lake Lure, NC 28746
Lake Lure, NC 28746
2
bedrooms
2
baths
991
sq.ft.
$464
price per sf
Presented By
Carnarri Cofield
REALTOR®
About This Property
Welcome to 517 Luther Burbank Dr in beautiful Lake Lure — a proven successful vacation rental being sold fully furnished and completely turnkey, and was built and designed with the intention of hosting guests. Whether you’re looking for an income-producing investment property, a mountain getaway, or both, this charming home is ready to start generating revenue from day one. This bright and airy, well-maintained 2-bedroom, 2 full bathroom home offers the perfect blend of comfort, privacy, and outdoor living. Stunning mountain views can be appreciated from multiple rooms in the home. Guests and owners alike will love the spacious wraparound deck on the main level, ideal for relaxing, entertaining, or enjoying the peaceful and private setting. Upstairs, the primary loft style bedroom features its own east facing private deck, creating the perfect spot for a beautiful sunrise or unwinding in the evening and watching the sun set over Party Rock mountain. There is a full, unfinished basement that is ready to be finished easily with pre plumbed pipes installed, multiple windows, tall ceilings, and sliding door access to the yard. Outside, the property features a large yard with plenty of space to enjoy the outdoors, along with a hot tub and fire pit that make this home especially appealing as a vacation destination year-round. Conveniently located near all that Lake Lure and Chimney Rock have to offer, this property is a rare opportunity to own a successful short-term rental in one of Western North Carolina’s most sought-after mountain destinations. All roads leading to the home are maintained by the DOT and Town of Lake Lure. Currently using Starlink for high speed internet and have fantastic connectivity. 5 minutes to Morse Park, Lake Lure public beach, La Strada, Grey Hawk, and other great restaurants. 8 minutes to Chimney Rock Village and Chimney Rock State Park
About the Neighborhood
Homes for sale in 28746 offer buyers a genuine mountain lifestyle in Marion, the McDowell County seat approximately 75 miles west of Charlotte via I-40, a small city positioned at the base of the Black Mountains with extraordinary outdoor recreation access and an authentic Appalachian character that distinguishes it from more heavily developed western Carolina communities. The residential landscape features mid-century brick ranch homes, traditional mountain cottages, and newer construction on generous lots, with a growing inventory of custom mountain homes responding to increased interest from buyers seeking Blue Ridge access at competitive price points. Downtown Marion along South Main Street anchors a revitalizing commercial identity, and the Mountains-to-Sea Trail corridor and Linville Gorge Wilderness — one of the most dramatic wilderness areas in the eastern United States — provide exceptional hiking and outdoor recreation directly within the county. Lake James State Park, featuring one of the cleanest lakes in the Carolinas for paddling and swimming, is within 15 minutes. The 28746 real estate market delivers mountain access, outdoor recreation proximity, and Appalachian character at price points that remain genuinely compelling relative to Asheville and the broader WNC market.
Property Features
Property Description
- Beds Total: 2
- Full Baths: 2
- Half Baths: 0
- Year Built: 2019
- Living Area: 991 sqft
- New Construction: No
- MLS #: 4383872
Additional Home Features
- Subdivision: Chimney Rock Mountains
- Neighborhood: Chimney Rock Mountains
Association
- HOA Required: No
Utilities
- Propane
- Underground Utilities
Interior Features
- Heating: Central, Electric, Forced Air, Heat Pump
- Cooling: Ceiling Fan(s), Central Air, Electric
- In Basement
Appliances
- Dishwasher
- Dryer
- Electric Oven
- Electric Range
- Exhaust Fan
- Freezer
- Microwave
- Oven
- Refrigerator
- Washer
- Washer/Dryer
Construction Materials
- Hard Stucco
- Log
- Foundation: Basement
- Roof: Architectural Shingle
Cooling
- Ceiling Fan(s)
- Central Air
- Electric
Foundation Details
- Basement
Heating
- Central
- Electric
- Forced Air
- Heat Pump
Laundry Features
- In Basement
Levels
- Two
Parking Features
- Driveway
Exterior Features
- Above Ground Hot Tub / Spa
- Fire Pit
- Hot Tub
- Patio/Porch: Covered, Deck, Front Porch, Patio, Porch, Rear Porch, Side Porch, Wrap Around
Road
- Road Responsibility: Publicly Maintained Road
- Road Surface Type: Gravel
Sewer
- Septic Installed
WaterSource
- City
Architectural Style
- A-Frame
- Cabin
View
- Long Range
- Mountain(s)
- Winter
- Year Round
Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
Flooring
- Wood
Fireplace
- Fireplace: Yes
- Fire Pit
- Gas Log
Tax and Financial Info
- Listing Terms: Cash, Conventional
Location
LISTING COURTESY OF: EXP REALTY LLC
michael.szabo@exprealty.com
$460,000
Est. Payment: $2,364/mo
Adjust down payment, rate & terms
Lake Lure, NC 28746
2
bedrooms
2
baths
991
sq.ft.
$464
price per sf
Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of EXP Realty LLC
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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. Properties may or may not be listed by the office/agent presenting the information.
$460,000
517 Luther Burbank Drive
2 bed, 2 bath