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Sold for $1,175,000 on 05/23/24
  • $1,175,000

    345 Fairway Dr, Lake Lure, NC 28746

    5beds
    3,200sqft
    SingleFamily
    Built in 2008
    0.68 Acres Lot
    $1,110,400 Zestimate®
    $367/sqft
    $3,750 Estimated rent

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    What's special

    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\

    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 & neighborhood

    Location
    • Region: Lake Lure

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $305 monthly