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171 Fairway Drive, Lake Lure, NC 28746

Under Contract 5 bd · 4 ba
Print Flyer $685,000.00 List Price

Overview


Multi-Level
Single Family Home
5
1
3
4
1.5
2.5

Listing Description

Take the 3D tour (link below) or witness the property from the street across the creek and see why this property is unique. Multi level home on beautiful creek inside the gates of Rumbling Bald Resort. Master Bedroom on the main with updated kitchen, computer niche, stone fireplace, formal dining room, and sun room overlooking the creek. 3 bedrooms open to decks overlooking the creek and waterfalls. Lower level family room with guest bedrooms and large laundry/craft room. Beautiful natural landscaping and fantastic views! Remodeling completed throughout interior in 2018 and placed in a rental program, where revenues have been growing. First year (2019) revenues achieved >$50,000 per year despite not having been listed as available until January. 4.8/5.0 star average reviews on VRBO. 2020 revenues are projected to achieve more than $80,000 despite $10,000 in cancellations due to COVID-19 lockdowns. Note: beyond the 4 bedrooms described, there is additional sleeping area in the loft.

Location Info

171 Fairway Drive
Lake Lure
NC
28746
Rutherford

Lot Info

Golf Course, Waterfront, Creek, Golf View, Lake
Paved, Publicly Maintained
Lake Lure
300

Community Info

Golf Course, Lake, Physical Fitness, Pool, Lighted Tennis Courts, Gated, Restaurant
Required
3579.00
Annually
Facilities Fee, Garbage Pickup, Grounds Maintenance, Security

Interior Info

Great/Family Room, Living Room, Master Bedroom
Family Room, Living Room (Separate), Master on Main Level, Recreation Room, Loft
RoomDim.Level
Bedroom1
Living Room1
Living Room2
Bedroom2
Kitchen3
Master Bedroom3
Living Room3
Bathroom1
Bathroom2
Bathroom2
Bathroom3
Bathroom3
5055
4359
696
appraisal

Structure Info

Balcony, Patio, Hot Tub, Screened Porch, Gazebo
Wood Siding
Bath Finished, Concrete Wall, Finished Rooms, Full Basement
Composition
Multi-Level
2 Car Garage

Utility Info

Public Water
Septic Tank

Public Info

4260.00

Purchasing Info

685000.00
Cash, Conventional, VA, FHA
At Closing

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