364 Luther Drive, Iron Station NC

  • 3 Bed
  • 2 Bath
  • 1538 ft2
  • 6.3 ac

For Sale $520,000

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Remarks:

Discover over 6 acres of serene, secluded property—perfect for anyone seeking space, privacy, and endless possibilities. The existing home offers 3 spacious bedrooms, 2 full baths, and more than 1,000 sq ft of garage/workshop space—ideal for hobbyists, gearheads, or car enthusiasts. Enjoy it as-is and bring all your toys or equipment, or take advantage of the expansive land to build your dream home while keeping the current residence as a guesthouse or second living quarters. With this much land, the potential is truly limitless. All of this, just minutes from the sparkling shores of Lake Norman! Don’t miss your chance to own this unique and versatile property!

General Information:

List Price: $520,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 1538 sqft
Parking: Attached Garage
MLS Number: CAR4264312
Subdivision: Sigmon Farms
Bathrooms: 2
Lot Description: Cul-De-Sac
Year Built: 2005
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Catawba Springs
Middle: East Lincoln
High: East Lincoln

Price & Sales History

Date Event Price $/SQFT
08-15-2025 Under Contract $520,000 $339
07-28-2025 Price Decrease $520,000-4.59% $339
06-28-2025 Listed $545,000 $355

Nearby Schools

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

School Name Distance Grades Rating
Iron Station Elementary 4 miles PK-05 6
St James Elementary 5 miles PK-05 9
Lincoln Charter School 6 miles KG-06 10
Rock Springs Elementary 6 miles PK-05 9
Mountain Island Charter School 9 miles KG-06 8
Charles H Tuttle Elementary 10 miles KG-06 7

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
364 Luther Drive, Iron Station NC 0 mi $520,000 days
557 Luther Drive, Iron Station NC 0.3 mi $544,900 days
824 Brevard Place Road, Iron Station NC 0.6 mi $360,000 days
5322 Bridgeview Drive, Iron Station NC 0.6 mi $475,000 days
5716 Dalmatian Street, Iron Station NC 0.7 mi $329,750 days
5826 Boxer Drive, Iron Station NC 0.7 mi $279,900 days
1 to 6 of 20 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

Commute Distance & Time

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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 28080

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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.

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    Property Listing Information

    A Courtesy Listing Provided By Espin Realty

    364 Luther Drive, Iron Station NC is a 1538 ft2 on a 6.331 acres lot. This is for $520,000. This has 3 bedrooms, 2 baths, and was built in 2005.

    Based on information submitted to the MLS GRID as of 2025-06-28 10:11:47 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.