388 Island Creek Road, Lake Lure NC

  • 3 Bed
  • 4 Bath
  • 2279 ft2
  • 6.9 ac

For Sale $507,000

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Remarks:

Private mini estate with great bones located just outside the town limits of Lake Lure. The main site-built has over 4200 sq. feet. On the grounds are also a small creek, a manufactured home that has been added onto and offers living, dining, kitchen, bedroom and bath of appx 1068 sf. A two-bay garage with workshop and storage, and a covered carport with attached storage room. The main home has a large great room with fireplace, kitchen, and dining as well as a butler’s kitchen. There are two bedrooms on the main level, two full baths and a powder room. A wrap around enclosed screen porch, encircles the entire living/dining/kitchen area. The lower level has a separate living space with kitchen and another bedroom and bath. Lots of storage and a covered porch surrounds the lower level. Property is being sold “as is." Priced well below tax value of $586,000. The interior needs cosmetic work, but this is an amazing opportunity to create a private estate with income potential.

General Information:

List Price: $507,000
Status: For Sale
Bedrooms: 3
Type: Single Family Residence
Approx Sq. Ft.: 2279 sqft
Parking: Detached Carport, Driveway, Parking Space(s)
MLS Number: CAR4062749
Subdivision: None
Bathrooms: 4
Year Built: 1990
Sewer Type: Septic Installed

Assigned Schools:

Elementary: Unspecified
Middle: Unspecified
High: Unspecified

Price & Sales History

Date Event Price $/SQFT
10-18-2025 Relisted $507,000 $223
09-16-2025 Under Contract $507,000 $223
05-27-2025 Price Decrease $507,000-2.41% $223
04-30-2025 Listed $519,500 $228

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 1 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
388 Island Creek Road, Lake Lure NC 0 mi $507,000 days
138 Silver Tree Lane, Lake Lure NC 0.2 mi $1,600,000 days
157 Silver Tree Lane, Lake Lure NC 0.3 mi $525,000 days
740 Justice Drive, Lake Lure NC 0.4 mi $449,000 days
344 Wolf Trail, Lake Lure NC 0.6 mi $429,900 days
213 Wolf Trail, Lake Lure NC 0.6 mi $474,500 days
1 to 6 of 21 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 Pinnacle Sothebys International Realty

    388 Island Creek Road, Lake Lure NC is a 2279 ft2 on a 6.900 acres Appraisal lot. This is for $507,000. This has 3 bedrooms, 4 baths, and was built in 1990.

    Based on information submitted to the MLS GRID as of 2025-04-30 09:10:05 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.