1828 Memorial Highway, Lake Lure NC
- 3 Bed
- 2 Bath
- 950 ft2
- 0.6 ac
For Sale $359,000
Remarks:
Rare Commercial General (CG) zoning with this 3-bedroom home PLUS detached guest suite and large stable-style carport workshop. Enjoy tons of flexibility with zoning, layout, outbuildings, and tons of parking. This is a chance to customize this property to suit your needs. The guest suite has a new (Q3 2024) mini-split HVAC unit and the main house a new (July 2025) HVAC condenser. New flooring in 2024. Full paint in 2024. The property was recently leased long-term with exceptional provable rental income. This already thriving area gained massive additional notoriety from international news coverage of hurricane Helene in 2024 and the historic sale of its most iconic resort property and public beach management contracts that same year. The area is ripe for redevelopment and bursting at its seems with commercial business and hospitality potential. The sellers are motivated to move on post-Helene -- bring all reasonable offers. Nestled just 25 miles from Asheville, this iconic, high-traffic destination boasts a 720-acre lake with 27 miles of shoreline, surrounded by 3,000+ ft peaks. With over 300,000 annual visitors and famed filming locations like Dirty Dancing, this market offers exceptional commercial potential for hospitality and tourism. Chimney Rock State Park is also located just minutes away to the East. This awe-inspiring 535-million-year-old monolith offering breathtaking 75-mile panoramic views of Hickory Nut Gorge and Lake Lure. Featuring a 315-foot granite spire, this iconic, accessible natural wonder draws over 400,000 visitors annually, providing unforgettable, scenic, and adventurous experiences.
General Information:
| List Price: | $359,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 950 sqft |
| Parking: | Detached Carport, Driveway |
| MLS Number: | CAR4342373 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1990 |
| Sewer Type: | Public Sewer |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 03-30-2026 | Listed | $359,000 | $378 |
| 07-20-2025 | Under Contract | $650,000-7.01% | $685 |
| 05-26-2025 | Listed | $699,000 | $736 |
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 | 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.
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 |
| 1828 Memorial Highway, Lake Lure NC | 0 mi | $359,000 | days | |
| 169 Laurel Lane, Lake Lure NC | 0.1 mi | $475,000 | days | |
| 218 Clear Creek Trail, Lake Lure NC | 0.6 mi | $1,150,000 | days | |
| 315 Thomas A Edison Road, Lake Lure NC | 0.8 mi | $1,250,000 | days | |
| 173 Mistletoe Park, Lake Lure NC | 0.8 mi | $759,400 | days | |
| 291 Tryon Bay Circle, Lake Lure NC | 0.8 mi | $699,999 | days |
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 |
Commute Distance & Time
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Mortgage Calculator
| 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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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28746
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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.
Property Listing Information
A Courtesy Listing Provided By G Carter Consulting LLC
1828 Memorial Highway, Lake Lure NC is a 950 ft2 on a 0.640 acres Appraisal lot. This is for $359,000. This has 3 bedrooms, 2 baths, and was built in 1990.
Based on information submitted to the MLS GRID as of 2026-03-30 11:05:55 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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