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  • $739,500

    506 Memorial Hwy, Lake Lure, NC 28746

    1beds
    1,152sqft
    SingleFamily
    Built in 1938
    0.29 Acres Lot
    $739,500 Zestimate®
    $642/sqft
    $1,345 Estimated rent

    Home value

    $739,500

    $658,000 - $843,000

    $1,345/mo

    Zestimate® history
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    Owner options

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    $1,345/mo

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    $1,345/mo

    Rent Zestimate®

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    $4,343/mo

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    $4,343/mo

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    What's special

    Own a rare vintage lake cottage with lots of updated features and space to relax. With over 200 feet of lake front shoreline, there is plenty of room for boats, canoes, tubes and kayaks in this quiet cove. The Main level has a lovely stone woodburning fireplace in the Great Room, a generous Master Bedroom and cozy loft bedroom. Step below for an open floor plan with a modern kitchen, dining area, laundry closet and full bath. Two porch levels overlooking the lake provide ample room to spread out and enjoy this mountain retreat.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Baseboard, Electric
    Cooling
    • Other
    Appliances
    • Included: Dryer, Microwave, Refrigerator, Washer
    • Laundry: In Basement, Laundry Closet
    Features
    • Cathedral Ceiling(s), Cable Available
    • Flooring: Tile, Carpet, Hardwood, Linoleum / Vinyl
    • Basement: Finished
    • Has fireplace: Yes
    • Fireplace features: Wood Burning, Great Room
    Interior area
    • Total interior livable area: 1,152 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 4
    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water, Mountain
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Lake Access, Paddlesport Launch Site, Floating Dock, Stationary Dock
    • Body of water: Lake Lure
    • Frontage type: Waterfront
    Lot
    • Size: 0.29 Acres
    • Features: Wooded, Views, Trees, Natural Waterfall
    • Topography: Steep
    Details
    • Parcel number: 227629
    • Zoning: CG
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Wood
    • Foundation: Concrete
    • Roof: Metal
    Condition
    • Year built: 1938

    Utilities & green energy

    • Water: Well Installed
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Security System
    Location
    • Region: Lake Lure

    Financial & listing details

    • Price per square foot: $642/sqft
    • Tax assessed value: $573,300

    Price history

    DateEventPrice
    5/19/2020Sold$416,075-21.4%$361/sqft
    Source: Canopy MLS as distributed by MLS GRID #3554105 Report a problem
    2/19/2020Pending sale$529,500$460/sqft
    Source: Pinnacle Sotheby's International Realty #3554105 Report a problem
    10/4/2019Listed for sale$529,500+62.9%$460/sqft
    Source: Pinnacle Sothebys International Realty #3554105 Report a problem
    11/18/2013Sold$325,000$282/sqft
    Source: Canopy MLS as distributed by MLS GRID #NCM551578 Report a problem
    11/9/2013Pending sale$325,000$282/sqft
    Source: Carolina Mountain Sales #551578 Report a problem
    11/9/2013Listed for sale$325,000-34.9%$282/sqft
    Source: Carolina Mountain Sales #551578 Report a problem
    8/2/2012Listing removed$499,000$433/sqft
    Source: Coldwell Banker Matheny Real Estate #37261 Report a problem
    11/10/2011Listed for sale$499,000$433/sqft
    Source: Coldwell Banker Matheny Real Estate #37261 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025-- $573,300
    2024$4,662 +0.1%$573,300
    2023$4,657 +14.3%$573,300 +58.9%
    2022$4,075 -0.1%$360,900
    2021$4,079 +31.2%$360,900 +18.4%
    2020$3,109 $304,900 +7%
    2019-- $284,900 -20%
    2018$3,145 $356,200
    2016$3,145 $356,200 +2.8%
    2013$3,145 $346,400
    2012-- $346,400
    2011-- $346,400 -27.5%
    2010-- $477,700
    2009-- $477,700
    Find assessor info on the county website

    Neighborhood: 28746

    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: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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