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Active
    • Price cut: $20K (5/27)
    $490,000

    307 Watership Rd, Lake Lure, NC 28746

    4beds
    2,400sqft
    : 
    $3,287/mo
    Get pre-qualified
    Single Family Residence
    Built in 1980
    0.87 Acres Lot
    $476,800 Zestimate®
    $204/sqft
    $414/mo HOA

    What's special

    Surrounded by mountain viewsInviting mountain retreat
    Tucked inside the gates of Rumbling Bald on Lake Lure, this inviting mountain retreat offers space, comfort, and a peaceful natural setting on .87 acres. Surrounded by mountain views, the property creates a true sense of escape while still being close to everything. Designed for both relaxation and gathering, the home features 4 bedrooms and 2.5 baths, including a main-level bedroom and full bath for added convenience. Each level offers its own space to unwind, from the cozy living room with a stone fireplace to the lower-level den and game room. Perfect for a game of pool, movie nights, or hosting guests. Updated decks provide multiple outdoor living areas in the serene natural setting. One deck area has easy access from the kitchen, ideal for morning coffee or evenings spent taking in the mountain air. After a day of exploring, unwind in the private sauna inside the home or retreat to the lower-level bonus space with a separate entrance. This bonus area is perfect for a workshop, art studio, or relaxed bar/lounge. Located just minutes from outdoor adventures like Chimney Rock State Park, hiking, rafting, and horseback riding, this home also includes access to Rumbling Bald’s sought-after amenities, including a private beach, wellness center, multiple pools, restaurants, cabana, and two championship golf courses. This mountain getaway was operating as a successful short-term rental and is offered fully furnished, including the pool table, making it a turnkey opportunity in one of Lake Lure’s most desirable gated communities. Both sliding doors have just been updated and some decks are newly updated. More than one photo has been virtually staged.
    126 days
    |
    1,527
    |
    116
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elizabeth Adorjan eadorjan@rumblingbald.com,

    Rumbling Bald Real Estate

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4363993MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Features: Vaulted Ceiling(s)
      • Level: Upper
      • Area: 224 Square Feet
      • Dimensions: 16' 0" X 14' 0"
      Bedroom s
      • Features: Vaulted Ceiling(s)
      • Level: Main
      • Area: 176 Square Feet
      • Dimensions: 16' 0" X 11' 0"
      Bedroom s
      • Level: Third
      • Area: 182 Square Feet
      • Dimensions: 14' 0" X 13' 0"
      Bedroom s
      • Features: Ceiling Fan(s), Vaulted Ceiling(s)
      • Level: Upper
      • Area: 195 Square Feet
      • Dimensions: 13' 0" X 15' 0"
      Family room
      • Features: Sauna, Walk-In Pantry
      • Level: Lower
      • Area: 382.45 Square Feet
      • Dimensions: 23' 5" X 16' 4"
      Workshop
      • Features: Storage, Wet Bar
      • Level: Lower
      • Area: 239.36 Square Feet
      • Dimensions: 20' 8" X 11' 7"
      Heating
      • Central, Electric, Heat Pump
      Cooling
      • Dual, Electric, Heat Pump, Zoned
      Appliances
      • Included: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator with Ice Maker, Washer/Dryer
      • Laundry: Lower Level
      Features
      • Breakfast Bar, Built-in Features, Kitchen Island, Sauna, Walk-In Pantry
      • Flooring: Carpet, Tile
      • Doors: French Doors, Mirrored Closet Door(s), Sliding Doors
      • Windows: Insulated Windows, Skylight(s), Window Treatments
      • Basement: Basement Shop,Bath/Stubbed,Daylight,Exterior Entry,Storage Space,Walk-Out Access,Other
      • Fireplace features: Gas, Great Room, Living Room, Propane
      Interior area
      • Total structure area: 1,488
      • Total interior livable area: 2,400 sqft
      • Finished area above ground: 1,488
      • Finished area below ground: 912

      Property

      Parking
      • Total spaces: 6
      • Parking features: Driveway
      • Uncovered spaces: 6
      • Details: Driveway - gravel, behind home parks 4+ Parking pad - Asphalt Front of home parks 2
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: Main
      • Patio & porch: Balcony, Covered, Deck, Front Porch, Rear Porch, Side Porch
      • Pool features: Community
      • Spa features: Community
      • Has view: Yes
      • View description: Mountain(s), Winter
      • Waterfront features: Beach - Public, Boat Ramp – Community, Boat Slip (Lease/License), Paddlesport Launch Site - Community, Pier - Community, Retaining Wall
      • Body of water: Lake Lure
      Lot
      • Size: 0.87 Acres
      • Features: Corner Lot, Rolling Slope, Wooded, Views
      Living quarters
      • Secondary features: Exterior Connected,Room w/ Private Bath,Separate Entrance
      Details
      • Additional structures: None
      • Parcel number: 229953
      • Zoning: R3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary
      • Property subtype: Single Family Residence
      Materials
      • Wood
      • Foundation: Stone
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1980

      Utilities & green energy

      • Sewer: Septic Installed
      • Water: Community Well
      • Utilities for property: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Propane, Underground Utilities, Wired Internet Available

      Community & HOA

      Community
      • Features: Boat Storage, Business Center, Cabana, Dog Park, Fitness Center, Game Court, Gated, Golf, Lake Access, Picnic Area, Playground, Pond, Putting Green, Recreation Area, RV Storage, Sauna, Sport Court, Tennis Court(s), Walking Trails
      • Security: Security Service
      • Subdivision: Rumbling Bald on Lake Lure
      HOA
      • Has HOA: Yes
      • HOA fee: $4,967 annually
      • HOA name: Fairfield Mountains POA Inc
      • HOA phone: 828-694-3014
      Location
      • Region: Lake Lure
      • Elevation: 1500 Feet

      Financial & listing details

      • Price per square foot: $204/sqft
      • Tax assessed value: $463,600
      • Date on market: 4/3/2026
      • Cumulative days on market: 127 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Asphalt, Gravel, Paved

        Estimated market value

        $476,800

        $453,000 - $501,000

        $3,510/mo

        Price history

        DateEventPrice
        5/27/2026Price change$490,000-3.9%$204/sqft
        Source: Canopy MLS as distributed by MLS GRID #4363993 Report a problem
        4/3/2026Listed for sale$510,000+240%$213/sqft
        Source: Canopy MLS as distributed by MLS GRID #4363993 Report a problem
        7/23/2014Sold$150,000-6.2%$63/sqft
        Source: Canopy MLS as distributed by MLS GRID #NCM556949 Report a problem
        6/18/2014Price change$159,900-5.9%$67/sqft
        Source: Coldwell Banker Quarters Real Estate #556949 Report a problem
        6/12/2014Price change$169,900-10.5%$71/sqft
        Source: Coldwell Banker Quarters Real Estate #556949 Report a problem
        5/18/2014Price change$189,900-2.6%$79/sqft
        Source: Coldwell Banker Quarters Real Estate #556949 Report a problem
        5/7/2014Price change$194,900-2.5%$81/sqft
        Source: Coldwell Banker Quarters Real Estate #556949 Report a problem
        3/12/2014Listed for sale$199,900+42.9%$83/sqft
        Source: Coldwell Banker Quarters Real Estate #556949 Report a problem
        10/24/2013Listing removed$139,900$58/sqft
        Source: Coldwell Banker Quarters Real Estate #528631 Report a problem
        8/31/2013Price change$139,900-6.7%$58/sqft
        Source: Coldwell Banker Quarters Real Estate #528631 Report a problem
        7/10/2013Price change$149,900-11.8%$62/sqft
        Source: Coldwell Banker Quarters Real Estate #528631 Report a problem
        5/7/2013Price change$169,900-5.6%$71/sqft
        Source: Coldwell Banker Quarters Real Estate #528631 Report a problem
        4/24/2013Price change$179,900-5.3%$75/sqft
        Source: Coldwell Banker Quarters Real Estate #528631 Report a problem
        3/26/2013Price change$189,900-5%$79/sqft
        Source: Coldwell Banker Quarters Real Estate #528631 Report a problem
        2/16/2013Price change$199,900-9.1%$83/sqft
        Source: Coldwell Banker Quarters Real Estate #528631 Report a problem
        11/6/2012Listed for sale$219,900+254.7%$92/sqft
        Source: Coldwell Banker Quarters Real Estate #528631 Report a problem
        4/26/2012Sold$62,000-52.3%$26/sqft
        Source: Public Record Report a problem
        2/17/2012Price change$129,900+419.6%$54/sqft
        Source: foreclosure.com Report a problem
        1/7/2012Price change$25,000-80.8%$10/sqft
        Source: Auction.com Report a problem
        12/11/2011Price change$129,900-13.3%$54/sqft
        Source: Odean Keever & Associates #36911 Report a problem
        11/21/2011Price change$149,900-9.1%$62/sqft
        Source: Odean Keever & Associates #36911 Report a problem
        10/22/2011Price change$164,900-8.3%$69/sqft
        Source: Odean Keever & Associates #36911 Report a problem
        9/26/2011Price change$179,900-10.1%$75/sqft
        Source: Odean Keever & Associates #36911 Report a problem
        8/11/2011Price change$200,000$83/sqft
        Source: Fannie Mae Report a problem
        6/5/2011Listed for sale--
        Source: isNowListed.com Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $463,600
        2024$3,773 +0.1%$463,600
        2023$3,768 +26.3%$463,600 +75.6%
        2022$2,983 -0.1%$264,000
        2021$2,986 +10.9%$264,000
        2020$2,693 $264,000
        2019-- $264,000 +22.2%
        2018$1,907 $216,000
        2016$1,907 $216,000 +5.1%
        2013$1,907 $205,500
        2012-- $205,500
        2011-- $205,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        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

        Getting around

        0 / 100
        Car-Dependent

        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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