2494 Memorial Highway, Lake Lure, NC 28746

$575,000
6
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$575,000
List Price
$799,500
Status
CLOSED
MLS#
4167338
Bathrooms
6
Parcel Size
0.72
Year Built
1930
Days on Market
96

Property Description

Wonderful opportunity to own one of the most charming lodging properties in Lake Lure. Just a stone's throw from the recently sold Lake Lure Inn & Spa, this picturesque 5-plex is perfect for multiple operations as a passive income generator. Whether you're looking for a bed & breakfast, additional rooms to add to your motel/hotel portfolio, apartment dwellings, or a sprawling private home with multiple living spaces...this property is priced right and ready to sell! Only one laundry facility currently in main house but there is room for a laundry facility. The property is made up of a 1930's main house with two bedrooms and two bathrooms. This quirky little place is absolutely adorable and has a flexible layout with a separate exterior entry from one of the bedrooms. The second unit is a cutesy crooked little cottage with fantastic colors and 1950s flair. Cabins 3-5 are identical, lavish little log cabins complete with private entry porches & secluded back patios each with hot tubs.

Additional Information

County
Rutherford
Restrictions
Modular Not Allowed, N/A
Acreage Features
Private
Sewer/Septic
Public Sewer
Heating
Electric
Cooling
Wall Unit(s)

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Dwell Realty Group. george@dwellavl.com

Selling Office: Dwell Realty Group.

“The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Real Estate Company 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. © 2026 Carolina Multiple Listing Services, Inc.”