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  • $3,500,000

    402 Holmstead Dr, Lake Lure, NC 28746

    4beds
    3,144sqft
    : 
    $21,119/mo
    Get pre-qualified
    Single Family Residence
    Built in 2014
    1.14 Acres Lot
    $3,239,700 Zestimate®
    $1,113/sqft
    $164/mo HOA

    What's special

    Side docks for paddleboardsWarm wood finishesPost-and-timber exposed beamsTongue-and-groove cathedral ceilingsBunk roomGenerous family roomPrivate beach
    Builder’s custom lakefront double lot retreat, showcasing mountain elegance in a private setting. Located on a deep water main channel in the Gated Community of Blue Heron Point on Lake Lure. Privacy abounds on this rare double lot with over 200 feet of shoreline. This property features a private beach, and an exceptional new boathouse with party deck above. Inside, the home is rich with warm wood finishes and thoughtful details, including post-and-timber exposed beams, tongue-and-groove cathedral ceilings, granite countertops, stainless steel appliances, and a striking stone fireplace. The split-bedroom floor plan enhances privacy, while double covered lakeside decks provide stunning views from multiple vantage points. The main level of the home offers an open-concept design connecting the living, dining, and kitchen areas—perfect for gathering and entertaining. The spacious primary suite, complete with a large private bath and walk-in closet, is thoughtfully positioned for privacy, while two guest bedrooms with a Jack-and-Jill bath are located on the opposite side of the home. The lower level expands your living space with a generous family room, full bath, bunk room, and game room, all opening to the lakeside mountain views and deck. Two additional unfinished rooms currently used for game room and storage provide excellent potential for expansion—ideal for a home office or additional bedrooms. Step outside to enjoy true lakefront living. The lower deck leads directly to the hot tub area then down to the boathouse and waterfront, where you can swim, fish, or relax on your private beach. The boathouse is among the finest on Lake Lure, featuring double slips with barn-door access, covered outdoor living space, side docks for paddleboards, and a screened upper-level porch perfect for lounging or entertaining. This very private property offers the perfect blend of luxury, comfort, and natural beauty—an ideal full-time residence or mountain lake retreat on the main channel of Lake Lure.
    112 days
    |
    1,723
    |
    74
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Reese Morgani morganilife@gmail.com,

    Keller Williams Professionals,

    Collin O'Berry,

    Keller Williams Professionals

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4367214MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 3
      • 1/2 bathrooms: 1
      • Main level bedrooms: 3
      Primary bedroom
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Main
      Bedroom s
      • Level: Basement
      Bonus room
      • Level: Basement
      Laundry
      • Level: Main
      Heating
      • Electric, Forced Air, Heat Pump
      Cooling
      • Central Air, Heat Pump
      Appliances
      • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer
      • Laundry: Laundry Room, Main Level
      Features
      • Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
      • Flooring: Carpet, Laminate, Tile
      • Doors: French Doors, Insulated Door(s)
      • Windows: Insulated Windows
      • Basement: Interior Entry,Partially Finished,Storage Space,Walk-Out Access
      • Fireplace features: Living Room
      Interior area
      • Total structure area: 2,033
      • Total interior livable area: 3,144 sqft
      • Finished area above ground: 2,033
      • Finished area below ground: 1,111

      Property

      Parking
      • Parking features: Driveway
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Deck, Porch
      • Exterior features: Rooftop Terrace
      • Has spa: Yes
      • Spa features: Heated
      • Has view: Yes
      • View description: Long Range, Mountain(s), Water, Year Round
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Beach - Private, Boat Lift, Retaining Wall, Dock, Beach Front, Waterfront
      • Body of water: Lake Lure
      Lot
      • Size: 1.14 Acres
      • Features: Private, Views
      Details
      • Additional structures: Boat House, Gazebo, Outbuilding, Other
      • Additional parcels included: 1640774
      • Parcel number: 1640775
      • Zoning: L1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      Materials
      • Hardboard Siding, Wood
      Condition
      • New construction: No
      • Year built: 2014

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: City
      • Utilities for property: Electricity Connected, Underground Power Lines, Underground Utilities

      Community & HOA

      Community
      • Subdivision: Blue Heron Point
      HOA
      • Has HOA: Yes
      • HOA fee: $1,968 annually
      • HOA name: Tony Steffel
      • HOA phone: 937-510-4186
      Location
      • Region: Lake Lure

      Financial & listing details

      • Price per square foot: $1,113/sqft
      • Tax assessed value: $1,601,200
      • Date on market: 4/8/2026
      • Cumulative days on market: 112 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes
      • Road surface type: Concrete, Paved

        Estimated market value

        $3,239,700

        $3.08M - $3.40M

        $3,914/mo

        Price history

        DateEventPrice
        4/8/2026Listed for sale$3,500,000+49.6%$1,113/sqft
        Source: Canopy MLS as distributed by MLS GRID #4367214 Report a problem
        12/1/2023Sold$2,340,000$744/sqft
        Source: Canopy MLS as distributed by MLS GRID #4058146 Report a problem
        9/6/2023Listed for sale$2,340,000+236%$744/sqft
        Source: Canopy MLS as distributed by MLS GRID #4058146 Report a problem
        4/8/2019Listing removed$4,100$1/sqft
        Source: Pinnacle Sotheby's International Realty #1198997 Report a problem
        9/15/2018Listed for rent$4,100$1/sqft
        Source: Pinnacle Sotheby's International Realty #1198997 Report a problem
        9/30/2016Sold$696,500+719.4%$222/sqft
        Source: Canopy MLS as distributed by MLS GRID #NCM583294 Report a problem
        4/26/2013Sold$85,000$27/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025-- $1,271,200 +0.4%
        2024$10,285 +18.3%$1,266,600 +18.3%
        2023$8,692 -2.3%$1,070,800 +35.7%
        2022$8,901 -0.1%$789,100
        2021$8,909 +10.9%$789,100
        2020$8,033 $789,100
        2019-- $789,100 +5.6%
        2018$6,565 $747,200 +0.5%
        2016$6,565 $743,500 +85.9%
        2013$6,565 $400,000
        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

        0 / 100
        Car-Dependent
        10 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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