Investor Opportunity in Lake Lure! Discover the potential at 232 Island Creek Road, a property offering a great opportunity for investors, second-home buyers, or anyone looking to own in the beautiful Lake Lure area. The interior of the home is in good condition and provides a comfortable, functional layout with approximately 1,104 square feet, 2 bedrooms, and 1.5 bathrooms. With the interior already in livable condition, the next owner can focus on improving the property's exterior and adding value through landscaping and curb appeal.
The exterior is currently overgrown and would benefit from trimming, clearing, and general cleanup, creating an opportunity to make a noticeable improvement without taking on a major interior renovation. With some work to the landscaping and exterior presentation, this property could have significantly more appeal. The surrounding Lake Lure area is known for its natural beauty, mountain scenery, outdoor recreation, and access to local attractions, making this location appealing for a variety of buyers and potential rental strategies.
Whether you're looking for an investment property, a potential long-term rental, a vacation getaway, or a project with room to add value, 232 Island Creek Road is worth taking a closer look at. Bring your vision and explore the possibilities this property has to offer. Schedule your showing today and see the potential for yourself!
Active
Price cut: $25K (9/29)
$195,000
232 Island Creek Rd, Lake Lure, NC 28746
2beds
1,104sqft
Single Family Residence
Built in 1991
0.72 Acres Lot
$191,800 Zestimate®
$177/sqft
$-- HOA
What's special
Comfortable functional layout
- 54 days
- 959
- 40
Zillow last checked:
Listing updated:
Listed by:
TJ Blackwelder SoldByTJB@gmail.com,
Coldwell Banker- CK Select
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4410798
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Features: Ceiling Fan(s)
- Level: Main
Bedroom s
- Features: Ceiling Fan(s)
- Level: Main
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Dining area
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Electric, Heat Pump
Cooling
- Ceiling Fan(s), Central Air, Electric
Appliances
- Included: Electric Oven, Refrigerator
- Laundry: Electric Dryer Hookup, Inside, Main Level, Washer Hookup
Features
- Flooring: Carpet, Wood
- Has basement: No
Interior area
- Total structure area: 1,104
- Total interior livable area: 1,104 sqft
- Finished area above ground: 1,104
- Finished area below ground: 0
Property
Parking
- Parking features: Detached Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch
Lot
- Size: 0.72 Acres
- Dimensions: 131' x 200' x 223' x 297'
- Features: Rolling Slope, Wooded
Details
- Additional structures: Shed(s)
- Parcel number: 231227
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
- Property subtype: Single Family Residence
Materials
- Wood
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: City
Community & HOA
Community
- Subdivision: Island Creek
Location
- Region: Lake Lure
Financial & listing details
- Price per square foot: $177/sqft
- Tax assessed value: $155,200
- Date on market: 8/7/2026
- Cumulative days on market: 54 days
- Listing terms: Cash,Conventional
- Road surface type: Asphalt, Paved
Estimated market value
$191,800
$182,000 - $201,000
$1,525/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/29/2026 | Price change | $195,000-11.4%$177/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4410798 Report a problem | ||
| 9/4/2026 | Price change | $220,000-4.3%$199/sqft |
Source: Canopy MLS as distributed by MLS GRID #4410798 Report a problem | ||
| 8/14/2026 | Price change | $230,000-2.1%$208/sqft |
Source: Canopy MLS as distributed by MLS GRID #4410798 Report a problem | ||
| 8/7/2026 | Listed for sale | $235,000+79.4%$213/sqft |
Source: Canopy MLS as distributed by MLS GRID #4410798 Report a problem | ||
| 6/8/2026 | Listing removed | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/2/2026 | Listed for rent | $2,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/11/2019 | Sold | $131,000-12.4%$119/sqft |
Source: Canopy MLS as distributed by MLS GRID #3474051 Report a problem | ||
| 6/21/2019 | Pending sale | $149,500$135/sqft |
Source: Pinnacle Sotheby's International Realty #3474051 Report a problem | ||
| 2/27/2019 | Listed for sale | $149,500$135/sqft |
Source: Pinnacle Sothebys International Realty #3474051 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $155,200 |
| 2024 | $994 +1.2% | $155,200 |
| 2023 | $982 +32.3% | $155,200 +77.6% |
| 2022 | $742 +1.3% | $87,400 |
| 2021 | $733 | $87,400 |
| 2020 | $733 +1.1% | $87,400 |
| 2019 | $725 +2.5% | $87,400 -0.7% |
| 2018 | $707 | $88,000 |
| 2016 | $707 | $88,000 |
| 2013 | $707 | $88,000 |
| 2012 | -- | $88,000 |
| 2011 | -- | $88,000 -1.7% |
| 2010 | -- | $89,500 |
| 2009 | -- | $89,500 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28746
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