For Sale $230,000
Investor Opportunity in Lake Lure! Discover the potential at 232 Island Creek Road, a property offering a great opportunity for investors, second-home buyers, or anyone looking to own in the beautiful Lake Lure area. The interior of the home is in good condition and provides a comfortable, functional layout with approximately 1,104 square feet, 2 bedrooms, and 1.5 bathrooms. With the interior already in livable condition, the next owner can focus on improving the property's exterior and adding value through landscaping and curb appeal. The exterior is currently overgrown and would benefit from trimming, clearing, and general cleanup, creating an opportunity to make a noticeable improvement without taking on a major interior renovation. With some work to the landscaping and exterior presentation, this property could have significantly more appeal. The surrounding Lake Lure area is known for its natural beauty, mountain scenery, outdoor recreation, and access to local attractions, making this location appealing for a variety of buyers and potential rental strategies. Whether you're looking for an investment property, a potential long-term rental, a vacation getaway, or a project with room to add value, 232 Island Creek Road is worth taking a closer look at. Bring your vision and explore the possibilities this property has to offer. Schedule your showing today and see the potential for yourself!
| List Price: | $230,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1104 sqft |
| Parking: | Detached Carport |
| MLS Number: | CAR4410798 |
| Subdivision: | Island Creek |
| Style: | Cottage |
| Bathrooms: | 2 |
| Lot Description: | Rolling Slope, Wooded |
| Year Built: | 1991 |
| Sewer Type: | Public Sewer |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 08-14-2026 | Price Decrease | $230,000-2.13% | $209 |
| 08-13-2026 | Listed | $235,000 | $213 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lake Lure Classical Academy | 2 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.
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 |
| 232 Island Creek Road, Lake Lure NC | 0 mi | $230,000 | days | |
| 388 Island Creek Road, Lake Lure NC | 0.3 mi | $384,300 | days | |
| 351 Chickadee Avenue, Lake Lure NC | 0.4 mi | $575,000 | days | |
| 344 Wolf Trail, Lake Lure NC | 0.5 mi | $434,900 | days | |
| 590 Boulder Ridge, Lake Lure NC | 0.6 mi | $1,250,000 | days | |
| 174 Doves Way, Lake Lure NC | 0.6 mi | $385,000 | days |
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 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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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.
A Courtesy Listing Provided By Coldwell Banker- CK Select
232 Island Creek Road, Lake Lure NC is a 1104 ft2 on a 0.720 acres lot. This is for $230,000. This has 2 bedrooms, 2 baths, and was built in 1991.
Based on information submitted to the MLS GRID as of 2026-08-13 00:53:43 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.
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