This custom-built log cabin, featuring chinked mountain stone, nestled on 2 private acres, is ideal as a second home or a lucrative short-term rental property. The master bedroom and bathroom are conveniently located on the first floor, with a loft, two additional bedrooms and jack-n-jill bathroom upstairs. The open floor plan seamlessly connects the kitchen, dining area, and living room, perfect for family gatherings. The stunning stone fireplace adds rustic charm. This cabin showcases exceptional craftsmanship and numerous upgrades. Enjoy the covered front porch, expansive side deck, and screened back porch for outdoor entertaining or relaxing among nature. Conveniently located just 15 minutes from Lake Lure Beach and 10 minutes to Ingles.
Closed
$500,000
161 Old Gate Ln, Rutherfordton, NC 28746
3beds
1,692sqft
Single Family Residence
Built in 2004
2.03 Acres Lot
$494,600 Zestimate®
$296/sqft
$2,629 Estimated rent
Home value
$494,600
$450,000 - $534,000
$2,629/mo
Zestimate® history
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$2,991/mo
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Zillow last checked:
Listing updated:
Listed by:
Jenn Saltouros jennifer.saltouros@allentate.com,
Howard Hanna Beverly-Hanks, Lake Lure
Bought with:
Kelsey Varga
COMPASS
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4153193
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Kitchen
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Heat Pump
Appliances
- Included: Dishwasher, Electric Range, Microwave, Oven, Refrigerator, Washer/Dryer
- Laundry: Main Level
Features
- Open Floorplan, Pantry
- Flooring: Tile, Wood
- Has basement: No
- Fireplace features: Gas Vented
Interior area
- Total structure area: 1,692
- Total interior livable area: 1,692 sqft
- Finished area above ground: 1,692
- Finished area below ground: 0
Property
Parking
- Total spaces: 6
- Parking features: Driveway
- Uncovered spaces: 6
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Front Porch, Rear Porch, Side Porch
- Exterior features: Fire Pit, In-Ground Irrigation, Rainwater Catchment
- Fencing: Partial
Lot
- Size: 2.03 Acres
- Features: Orchard(s), Private, Wooded
Details
- Parcel number: 0652999586
- Zoning: RES
- Special conditions: Standard
- Other equipment: Fuel Tank(s)
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Log, Stone
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 2004
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Community
- Subdivision: Old Gate Estates
Location
- Region: Rutherfordton
Financial & listing details
- Price per square foot: $296/sqft
- Tax assessed value: $385,600
- Date on market: 6/26/2024
- Cumulative days on market: 17 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: Electric Fireplace does not convey.
- Road surface type: Gravel, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/21/2025 | Listing removed | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/19/2024 | Listed for rent | $2,500$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/7/2024 | Sold | $500,000-4.8%$296/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4153193 Report a problem | ||
| 6/26/2024 | Listed for sale | $525,000+40%$310/sqft |
Source: Canopy MLS as distributed by MLS GRID #4153193 Report a problem | ||
| 6/21/2021 | Sold | $375,000$222/sqft |
Source: Public Record Report a problem | ||
| 4/6/2021 | Pending sale | $375,000$222/sqft |
Source: Owner Report a problem | ||
| 3/26/2021 | Listed for sale | $375,000+47.1%$222/sqft |
Source: Owner Report a problem | ||
| 9/15/2014 | Sold | $255,000-7.3%$151/sqft |
Source: Canopy MLS as distributed by MLS GRID #NCM556755 Report a problem | ||
| 9/4/2014 | Pending sale | $275,000$163/sqft |
Source: North Carolina Dream Land, LLC #556755 Report a problem | ||
| 7/24/2014 | Price change | $275,000-6.8%$163/sqft |
Source: North Carolina Dream Land, LLC #556755 Report a problem | ||
| 3/11/2014 | Price change | $295,000-0.3%$174/sqft |
Source: North Carolina Dream Land, LLC #556755 Report a problem | ||
| 3/9/2014 | Listed for sale | $295,999$175/sqft |
Source: North Carolina Dream Land, LLC #556755 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $394,600 +2.3% |
| 2024 | $2,213 +0.5% | $385,600 |
| 2023 | $2,201 +14% | $385,600 +46% |
| 2022 | $1,930 +9.2% | $264,100 +8.9% |
| 2021 | $1,767 | $242,500 |
| 2020 | $1,767 | $242,500 |
| 2019 | -- | $242,500 +10.6% |
| 2018 | $1,583 | $219,300 |
| 2016 | $1,583 | $219,300 |
| 2013 | $1,583 | $219,300 |
| 2012 | -- | $219,300 |
| 2011 | -- | $219,300 -7.2% |
| 2010 | -- | $236,300 |
| 2009 | -- | $236,300 |
Find assessor info on the county website
Neighborhood: 28746
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Nearby schools
GreatSchools rating
- 4/10Pinnacle Elementary SchoolGrades: PK-5Distance: 8.6 mi
- 4/10R-S Middle SchoolGrades: 6-8Distance: 10.9 mi
- 4/10R-S Central High SchoolGrades: 9-12Distance: 10.9 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.
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- North Carolina
- Rutherford County
- Lake Lure
- 28746
- 161 Old Gate Ln
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