118 Lake Drive, Lake Lure NC

  • 2 Bed
  • 2 Bath
  • 1036 ft2

For Sale $535,000

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Remarks:

This stunning condo has been completely remodeled down to the studs, featuring brand-new custom finishes throughout. The gourmet kitchen shines with custom cabinetry, while new flooring, doors, and elegant bathrooms elevate the space. The enclosed back porch offers expanded living space with the best lake views in the home. As an end-unit, you enjoy exceptional privacy—no neighbors on one side and a vaulted two-story living area with no one above you. Recent upgrades include whole house generator hard wired to the electrical box new Trex decks, railings, and a roof—all assessments paid. Professionally landscaped with drip irrigation, the exterior is as pristine as the interior. Located in the gated Rumbling Bald community, you gain exclusive access to a private beach, boat and SUP rentals, pools, two golf courses, restaurants, a wellness center/spa, tennis courts, hiking trails, and more. Sold fully furnished, this is the perfect second home, short-term rental, or retirement retreat!

Exterior Features:

In-Ground Irrigation, Lawn Maintenance

Interior Features:

Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage

General Information:

List Price: $535,000
Status: For Sale
Bedrooms: 2
Type: Condominium
Approx Sq. Ft.: 1036 sqft
Parking: Assigned, Parking Space(s)
MLS Number: CAR4254226
Subdivision: Rumbling Bald on Lake Lure
Bathrooms: 2
Lot Description: End Unit, On Golf Course, Wooded, Views, Waterfront
Year Built: 1972
Sewer Type: Public Sewer

Assigned Schools:

Elementary: Lake Lure Classical Academy
Middle: Lake Lure Classical Academy
High: Lake Lure Classical Academy

Price & Sales History

Date Event Price $/SQFT
09-14-2025 Price Decrease $535,000-10.68% $517
06-02-2025 Listed $599,000 $579

Nearby Schools

These schools are only nearby your property search, you must confirm exact assigned schools.

School Name Distance Grades Rating
Lake Lure Classical Academy 4 miles KG-06 4

Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.

Properties For Sale Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Status List Price Days on Market
118 Lake Drive, Lake Lure NC 0 mi $535,000 days
118 West Lake Drive, Lake Lure NC 0 mi $330,000 days
102 Lake Drive, Lake Lure NC 0 mi $425,000 days
140 West Lake Drive, Lake Lure NC 0.1 mi $365,000 days
147 Lake Drive, Lake Lure NC 0.1 mi $339,900 days
429 Mountains Boulevard, Lake Lure NC 0.1 mi $375,000 days
1 to 6 of 61 Result

Sold Properties Nearby

Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.

Street Address Distance Property Type Sold Price Property Details

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  • Down Payment Amount $990,000
    Mortgage Amount $3,960,000
    Monthly Payment (Principal & Interest Only) $19,480

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    Total Monthly Payment $20,941

    Demographic Data For Zip 28746

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    Property Listing Information

    A Courtesy Listing Provided By Rumbling Bald Real Estate

    118 Lake Drive, Lake Lure NC is a 1036 ft2 . This is for $535,000. This has 2 bedrooms, 2 baths, and was built in 1972.

    Based on information submitted to the MLS GRID as of 2025-06-02 11:16:05 EST. 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. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Click here for more information

    Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.