RARE INVESTMENT OPPORTUNITY IN LAKE LURE NC- Welcome to Captain's Quarters, a spacious mountain retreat located inside the gated community of Rumbling Bald on Lake Lure, with 38 days already booked for 2026, providing immediate income potential. Whether you're seeking a proven vacation rental, a second home, or a future primary residence, this property offers exceptional flexibility.
Designed to maximize both comfort and mountain views, the upper level features the main living area with a well-appointed kitchen, pantry, half bath, and a spacious primary suite complete with a private bath and walk-in closet. Step outside to the upper deck and enjoy beautiful views of Bald Mountain and the surrounding natural landscape.
The lower level offers additional space for family and guests with two bedrooms, two bathrooms, a laundry area, and a separate living room, creating a private and functional guest or multi-generational living.
Outdoor living is a true highlight, featuring a covered lower porch, a spacious side deck, and an expansive covered rear deck connecting to the upper living area. Above it all, a private observation deck (widow's walk) provides a unique vantage point to take in breathtaking mountain views and the peaceful serenity that makes Western North Carolina so special.
Located just a short golf cart ride from Rumbling Bald's renowned amenities, including championship golf courses, indoor and outdoor pools, private Lake Lure beach access, wellness center, restaurants, hiking trails, and outdoor recreation, this property offers year-round appeal.
For buyers considering a future move to the mountains, Captain's Quarters presents a unique opportunity to generate rental income and build ownership equity today while enjoying an established rental history and existing bookings. Continue operating it as a successful vacation rental while it helps offset ownership costs, then transition it into your full-time residence, retirement home, or personal mountain getaway when the time is right. This is an opportunity to invest in your future while enjoying income-producing potential from day one.
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Under contract-show
$575,000
121 Fern Loop, Lake Lure, NC 28746
3beds
2,386sqft
Single Family Residence
Built in 2003
0.63 Acres Lot
$550,300 Zestimate®
$241/sqft
$414/mo HOA
What's special
Spacious side deckWell-appointed kitchenLaundry areaSpacious primary suiteWalk-in closetPrivate bathSpacious mountain retreat
- 95 days |
- 343 |
- 12 |
Zillow last checked:
Listing updated:
Listed by:
Debbie Cates dcates@rumblingbald.com,
Rumbling Bald Real Estate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4357970
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Upper
Bedroom s
- Level: Main
Bedroom s
- Level: Main
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Bathroom half
- Level: Upper
Kitchen
- Level: Upper
Laundry
- Level: Main
Living room
- Level: Main
Living room
- Features: Ceiling Fan(s), Open Floorplan, Vaulted Ceiling(s)
- Level: Upper
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Gas Range, Microwave, Refrigerator with Ice Maker, Washer/Dryer
- Laundry: Laundry Room
Features
- Flooring: Tile, Vinyl, Wood
- Has basement: No
- Fireplace features: Family Room, Gas Log
Interior area
- Total structure area: 2,386
- Total interior livable area: 2,386 sqft
- Finished area above ground: 2,386
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Two or More Access Exits
Features
- Levels: Two
- Stories: 2
- Patio & porch: Balcony, Deck, Front Porch, Patio, Wrap Around
- Pool features: Community
- Has view: Yes
- View description: Mountain(s)
- Waterfront features: Beach - Public, Boat Slip – Community, Paddlesport Launch Site - Community
Lot
- Size: 0.63 Acres
- Features: Paved, Views
Details
- Parcel number: 232198
- Zoning: R-3
- Special conditions: Subject to Lease
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Hardboard Siding
- Foundation: Slab
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Septic Installed
- Water: Community Well
- Utilities for property: Cable Connected, Propane, Underground Utilities
Community & HOA
Community
- Features: Boat Storage, Cabana, Clubhouse, Dog Park, Fitness Center, Game Court, Gated, Golf, Lake Access, Playground, Putting Green, Recreation Area, Sauna, Sidewalks, Tennis Court(s), Walking Trails
- Subdivision: Rumbling Bald on Lake Lure
HOA
- Has HOA: Yes
- HOA fee: $4,967 annually
- HOA name: ar@rumblingbald.com
Location
- Region: Lake Lure
Financial & listing details
- Price per square foot: $241/sqft
- Tax assessed value: $505,800
- Date on market: 3/29/2026
- Cumulative days on market: 95 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Estimated market value
$550,300
$523,000 - $578,000
$3,180/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/29/2026 | Listed for sale | $575,000+91.7%$241/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4357970 Report a problem | ||
| 8/14/2019 | Listing removed | $300,000$126/sqft |
Source: Beverly-Hanks Rumbling Bald Resort on Lake Lure #3401016 Report a problem | ||
| 6/27/2019 | Listed for sale | $300,000$126/sqft |
Source: Beverly-Hanks Rumbling Bald Resort on Lake Lure #3401016 Report a problem | ||
| 5/23/2019 | Listing removed | $300,000$126/sqft |
Source: Beverly-Hanks Rumbling Bald Resort on Lake Lure #3401016 Report a problem | ||
| 2/15/2019 | Price change | $300,000-6%$126/sqft |
Source: Beverly-Hanks Rumbling Bald Resort on Lake Lure #3401016 Report a problem | ||
| 6/11/2018 | Listed for sale | $319,000+17.3%$134/sqft |
Source: Beverly-Hanks Rumbling Bald Resort on Lake Lure #3401016 Report a problem | ||
| 9/3/2010 | Sold | $272,000$114/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $505,800 |
| 2024 | $4,115 +0.1% | $505,800 |
| 2023 | $4,110 +25% | $505,800 +73.8% |
| 2022 | $3,288 -0.1% | $291,000 |
| 2021 | $3,290 +10.9% | $291,000 |
| 2020 | $2,967 | $291,000 |
| 2019 | -- | $291,000 +24.4% |
| 2018 | $2,066 | $234,000 |
| 2016 | $2,066 | $234,000 |
| 2013 | $2,066 | $234,000 |
| 2012 | -- | $234,000 |
| 2011 | -- | $234,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 28746
Nearby schools
GreatSchools rating
- 4/10Pinnacle Elementary SchoolGrades: PK-5Distance: 10.7 mi
- 4/10R-S Middle SchoolGrades: 6-8Distance: 13.6 mi
- 4/10R-S Central High SchoolGrades: 9-12Distance: 13.6 mi
Schools provided by the listing agent
- Elementary: Lake Lure Classical Academy
- Middle: Lake Lure Classical Academy
- High: Lake Lure Classical Academy
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Rutherford County
- Lake Lure
- 28746
- 121 Fern Loop
Nearby cities
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