For Sale $159,000
Investor opportunity in the foothills of Rutherfordton! 628 Grassy Knob Rd features spacious bedrooms and kitchen, a cozy wood-burning stove, and an large backyard with deck, storage shed, and carport. Just minutes to downtown Rutherfordton’s local dining, shops, breweries, and courthouse square events. Close to outdoor and regional attractions including boating and beaches at Lake Lure, hiking and scenic views at Chimney Rock State Park, and equestrian events at Tryon International Equestrian Center. Ideal rental, flip, or long-term investment opportunity. Equitable interest / assignment of contract. Seller does not hold title. Sale subject to underlying agreement. Buyer to perform due diligence. Contact listing agent for details.
| List Price: | $159,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1620 sqft |
| Parking: | Detached Carport |
| MLS Number: | CAR4383084 |
| Subdivision: | None |
| Bathrooms: | 2 |
| Year Built: | 1995 |
| Sewer Type: | Septic Installed |
| Elementary: | Pinnacle |
| Middle: | R-S Middle |
| High: | R-S Central |
| Date | Event | Price | $/SQFT |
| 06-21-2026 | Listed | $159,000 | $99 |
| 08-17-2025 | Listed | $319,900 | $198 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Lake Lure Classical Academy | 3 miles | KG-06 | 4 |
| Pinnacle Elementary School | 9 miles | PK-05 | 8 |
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 |
| 628 Grassy Knob Road, Rutherfordton NC | 0 mi | $159,000 | days | |
| 174 Rock Ridge, Lake Lure NC | 0.7 mi | $1,300,000 | days | |
| 111 Arabesque Way, Lake Lure NC | 0.8 mi | $895,000 | 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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| 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 Innovation Properties LLC
628 Grassy Knob Road, Rutherfordton NC is a 1620 ft2 on a 1.000 acres Appraisal lot. This is for $159,000. This has 3 bedrooms, 2 baths, and was built in 1995.
Based on information submitted to the MLS GRID as of 2026-06-21 09:01:25 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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