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  • Price cut: $50.9K (6/10)
    $899,000

    176 Hemlock Ln, Lake Lure, NC 28746

    3beds
    4,160sqft
    : 
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    Single Family Residence
    Built in 2003
    2.45 Acres Lot
    $865,900 Zestimate®
    $216/sqft
    $414/mo HOA

    What's special

    Additional finished lower-level roomsTwo bonus roomsNew patioRemodeled primary bathroomSecond dryerNew roofNew flooring throughout
    Investor’s Dream – Turnkey Furnished STR in Gated Rumbling Bald on Lake Lure! This spacious 4,160 sqft home sits on a beautifully expanded 2.45-acre private lot and offers immediate income potential with a proven rental history. Previously rented summers only, it delivered strong 5-star reviews and approximately $60K in gross revenue—with room to grow to $100K+ through year-round use. Sold fully furnished and move-in ready. Key Features & Upgrades: • 3 bedrooms, 5 bathrooms (per septic permit) PLUS two bonus rooms • Additional finished lower-level rooms (flexible space for office, rec room, or extra sleeping areas—buyer to verify any septic expansion with the county health department) • Major recent updates: new roof, new flooring throughout, remodeled primary bathroom, additional full bath added, second dryer, septic riser, and new patio • Tesla charger included • Walking distance (just 2/10 mile) to Rumbling Bald resort amenities Enjoy access to two golf courses, multiple pools (including indoor and lazy river), fitness center, spa, tennis/pickleball courts, basketball, marina with boat rentals, and more. See the Rumbling Bald website for full details. Seller will pay the one-time $11,000 initiation fee with an acceptable offer. Located inside the gates of this premier Lake Lure community, the home offers privacy, space to entertain, and easy access to all the mountain lake lifestyle has to offer. Perfect for personal use or as a high-performing short-term rental. Please note that the ceiling in the lower level hallway is unfinished. Research current IRS short-term rental depreciation rules for additional investment benefits. Don’t miss this rare opportunity—schedule your showing today!
    81 days
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    217
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    10
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    Zillow last checked:

    Listing updated:

    Listed by:

    Laurel Manderbach Laurie@BachRealEstate.net,

    Bach Real Estate LLC

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4374433MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Features: Garden Tub, Walk-In Closet(s)
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom full
      • Level: Main
      Bathroom half
      • Level: Main
      Bathroom full
      • Level: Lower
      Bathroom full
      • Level: Lower
      Bonus room
      • Level: Lower
      Bonus room
      • Level: Lower
      Family room
      • Level: Lower
      Great room
      • Level: Main
      Kitchen
      • Level: Main
      Laundry
      • Level: Main
      Recreation room
      • Level: Lower
      Sunroom
      • Level: Main
      Heating
      • Central, Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Microwave, Oven, Refrigerator, Refrigerator with Ice Maker
      • Laundry: Electric Dryer Hookup, In Garage, Utility Room, Inside, Laundry Room
      Features
      • Basement: Daylight,Exterior Entry,Full,Partially Finished
      • Fireplace features: Family Room, Living Room
      Interior area
      • Total structure area: 2,218
      • Total interior livable area: 4,160 sqft
      • Finished area above ground: 2,218
      • Finished area below ground: 1,942

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached Garage, Garage on Main Level
      • Attached garage spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      • Exterior features: Fire Pit
      Lot
      • Size: 2.45 Acres
      Living quarters
      • Secondary features: Interior Connected,Main Level Garage
      Details
      • Parcel number: 1656965
      • Zoning: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Fiber Cement
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Community Well
      • Utilities for property: Cable Available, Electricity Connected

      Community & HOA

      Community
      • Subdivision: Rumbling Bald on Lake Lure
      HOA
      • Has HOA: Yes
      • HOA fee: $4,967 annually
      • HOA name: Rumbling Bald on Lake Lure
      Location
      • Region: Lake Lure

      Financial & listing details

      • Price per square foot: $216/sqft
      • Tax assessed value: $729,900
      • Date on market: 5/1/2026
      • Cumulative days on market: 81 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
      • Road surface type: Concrete, Paved

        Estimated market value

        $865,900

        $823,000 - $909,000

        $4,998/mo

        Price history

        DateEventPrice
        6/10/2026Price change$899,000-5.4%$216/sqft
        Source: Canopy MLS as distributed by MLS GRID #4374433 Report a problem
        5/20/2026Price change$949,900-4.5%$228/sqft
        Source: Canopy MLS as distributed by MLS GRID #4374433 Report a problem
        5/1/2026Listed for sale$995,000+142.7%$239/sqft
        Source: Canopy MLS as distributed by MLS GRID #4374433 Report a problem
        1/13/2017Listing removed$410,000$99/sqft
        Source: Caulder Realty & Land Co. #NCM588062 Report a problem
        9/15/2016Listed for sale$410,000-6.6%$99/sqft
        Source: Caulder Realty & Land Co. #NCM588062 Report a problem
        6/25/2016Listing removed$439,000$106/sqft
        Source: Caulder Realty & Land Co. #NCM588062 Report a problem
        6/27/2015Listed for sale$439,000-4.4%$106/sqft
        Source: Caulder Realty & Land Co. #NCM588062 Report a problem
        1/2/2015Listing removed$459,000$110/sqft
        Source: Pinnacle Sotheby's International Realty #520964 Report a problem
        5/8/2014Price change$459,000-5.4%$110/sqft
        Source: Pinnacle Sotheby's International Realty #520964 Report a problem
        1/16/2014Price change$485,000+5.7%$117/sqft
        Source: Pinnacle Sotheby's International Realty #520964 Report a problem
        1/7/2014Listed for sale$459,000$110/sqft
        Source: Pinnacle Sothebys International Realty #520964 Report a problem
        9/13/2013Listing removed$459,000$110/sqft
        Source: Pinnacle Sothebys International Realty #520964 Report a problem
        1/10/2013Price change$459,000-5.4%$110/sqft
        Source: Pinnacle Sothebys International Realty #520964 Report a problem
        6/30/2012Listed for sale$485,000+24150%$117/sqft
        Source: Pinnacle Sothebys International Realty #520964 Report a problem
        12/21/2001Sold$2,000
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $729,900
        2024$5,932 -0.3%$729,900 -0.3%
        2023$5,948 +35.2%$732,400 +88%
        2022$4,398 -0.1%$389,500
        2021$4,402 +11.2%$389,500 +0.3%
        2020$3,958 +6.5%$388,400
        2019$3,717 +16.4%$388,400 +7.4%
        2018$3,192 $361,500
        2016$3,192 $361,500 +12.6%
        2013$3,192 $321,000
        2012-- $321,000
        2011-- $321,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28746

        Getting around

        10 / 100
        Car-Dependent
        1 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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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