Listed For Sale by Owner/Broker.
Contact Laurie Manderbach
704-900-4107
ManderbachL@bellsouth.net
No 1 highest rated vacation home in all of Lake Lure. On VRBO it has 268 - five star reviews. No single vacation home has these stats. Looking for an investment property inside the gates of the Rumbling Bald Resort with long established rental history? Look no further. This home has generated $110,000 in gross rental income last year even though the county shut us down for 6 weeks. This year we are slated to hit $125,000.
This home is not just a cabin, but it is an established business named Dancing Falls Lodge. It would be commercially appraised. It comes with the Dancing Falls name, and the 268 reviews will transfer. We have several repeat renters.
Visit VRBO website for more photos www.vrbo.com/328628ha. Read my reviews
Many upgrades including all new decks, commercial grade fireplace, two bathrooms remodeled, new driveway, new metal roof and much more. We continue to invest in this property year after year.
The ideal buyer for this home is an investor who is looking to rent it out and use it for themselves when not rented.
Log home in Rumbling Bald Resort in Lake Lure, NC Overlooks scene location from Dirty Dancing.
This has been a vacation rental home since it was built in 2008.
Selling fully furnished. All kitchen dishes, pots and pans, etc convey, linens
Three refrigerators (2 new), newer double oven, dishwasher, new washer and dryer. second dryer installed 2020.
All new decks in 2017 with added outdoor fireplace.
See VRBO listing for more photos and view the calendar for future bookings.
Today the property is being managed by the seller/broker. We would consider continuing to manage it for new owners if they so choose. TURNKEY
This is an established rental business you would be buying, not just a log home.
Featured in Log Home Living Magazine
If this home isnt right for you, I am a vacation rental expert and real estate broker and can show you other properties that may be a better fit for you.
One time initiation fee $5100 jnmmmmmmmmmmmmmmmmmmmmmkh\
Sold for $1,175,000
$1,175,000
345 Fairway Dr, Lake Lure, NC 28746
5beds
3,200sqft
SingleFamily
Built in 2008
0.68 Acres Lot
$1,169,700 Zestimate®
$367/sqft
$3,925 Estimated rent
Home value
$1,169,700
$1.06M - $1.27M
$3,925/mo
Zestimate® history
Owner options
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$3,925/mo
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$7,191/mo
Est. payment
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Est. payment
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List your homeWhat's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat pump, Electric
Cooling
- Other
Appliances
- Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Hardwood
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: masonry
Interior area
- Total interior livable area: 3,200 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage - Attached
Features
- Exterior features: Wood
- Has spa: Yes
- Has view: Yes
- View description: Water, Mountain
- Has water view: Yes
- Water view: Water
Lot
- Size: 0.68 Acres
Details
- Parcel number: 1600372
Construction
Type & style
- Home type: SingleFamily
Materials
- Wood
- Foundation: Other
- Roof: Metal
Condition
- Year built: 2008
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $305 monthly
Location
- Region: Lake Lure
Financial & listing details
- Price per square foot: $367/sqft
- Tax assessed value: $992,000
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2024 | Sold | $1,175,000+30.6%$367/sqft |
Source: Public Record Report a problem | ||
| 8/6/2021 | Sold | $900,000-9.5%$281/sqft |
Source: | ||
| 6/14/2021 | Contingent | $995,000$311/sqft |
Source: | ||
| 5/14/2021 | Listed for sale | $995,000+60.5%$311/sqft |
Source: | ||
| 3/4/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/20/2019 | Listing removed | $620,000$194/sqft |
Source: Owner Report a problem | ||
| 6/11/2019 | Listed for sale | $620,000$194/sqft |
Source: Owner Report a problem | ||
| 4/29/2019 | Listing removed | $620,000$194/sqft |
Source: Owner Report a problem | ||
| 4/18/2019 | Price change | $620,000-3.1%$194/sqft |
Source: Owner Report a problem | ||
| 3/24/2019 | Price change | $640,000-1.5%$200/sqft |
Source: Owner Report a problem | ||
| 3/13/2019 | Listed for sale | $650,000+16.9%$203/sqft |
Source: Owner Report a problem | ||
| 8/8/2008 | Sold | $556,000$174/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $992,000 +34.9% |
| 2024 | $5,976 +0.1% | $735,300 |
| 2023 | $5,971 +27.6% | $735,300 +77.4% |
| 2022 | $4,681 -0.1% | $414,600 |
| 2021 | $4,685 +10.9% | $414,600 |
| 2020 | $4,224 | $414,600 |
| 2019 | -- | $414,600 -4.6% |
| 2018 | $3,837 | $434,500 |
| 2016 | $3,837 | $434,500 |
| 2013 | $3,837 | $434,500 |
| 2012 | -- | $434,500 |
| 2011 | -- | $434,500 |
Find assessor info on the county website
Neighborhood: 28746
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Nearby schools
GreatSchools rating
- 4/10Pinnacle Elementary SchoolGrades: PK-5Distance: 10.6 mi
- 4/10R-S Middle SchoolGrades: 6-8Distance: 13.6 mi
- 4/10R-S Central High SchoolGrades: 9-12Distance: 13.5 mi
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- North Carolina
- Rutherford County
- Lake Lure
- 28746
- 345 Fairway Dr