$465,000
$460,000
1.1%For more information regarding the value of a property, please contact us for a free consultation.
517 Luther Burbank DR Lake Lure, NC 28746
2 Beds
2 Baths
1,107 SqFt
Key Details
Sold Price $465,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,107 sqft
Price per Sqft $420
Subdivision Chimney Rock Mountains
MLS Listing ID 4383872
Style A-Frame,Cabin
Bedrooms 2
Full Baths 2
Year Built 2019
Lot Size 1.390 Acres
Property Sub-Type Single Family Residence
Property Description
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
Location
State NC
County Rutherford
Zoning RES
Interior
Heating Central, Electric, Forced Air, Heat Pump
Cooling Ceiling Fan(s), Central Air, Electric
Flooring Wood
Fireplaces Type Fire Pit, Gas Log
Laundry In Basement
Exterior
Exterior Feature Above Ground Hot Tub / Spa, Fire Pit, Hot Tub
Utilities Available Propane, Underground Utilities
View Long Range, Mountain(s), Winter, Year Round
Roof Type Architectural Shingle
Building
Lot Description Corner Lot, Green Area, Sloped, Wooded, Views
Foundation Basement
Sewer Septic Installed
Water City
Structure Type Hard Stucco,Log
New Construction false
Schools
Elementary Schools Lake Lure Classical Academy
Middle Schools Lake Lure Classical Academy
High Schools Lake Lure Classical Academy
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Todd Westover • Agent Group Realty LLC
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