760 Luther Burbank Drive, Lake Lure, NC 28746 - Photo 1

1/1

$319,000

Sold
Closed
Single Family
3 Beds
2 Full Baths
1,298 Sq. Ft.
0.31 Acres

1/1

Property Description

ACTIVE SHORT TERM RENTAL in Lake Lure. Three bedroom, two bathroom rental cabin with huge entertaining deck and fenced dog yard located just minutes from Lake Lure Beach, Lake Lure Inn, Washburn Marina, Flowering Bridge, and Chimney Rock Village. Known as "Abotts Ridge", this sweet vacation cabin has woodsy views, comfortable furnishings, a lovely two-sided gas fireplace, and a large parking area in a beautiful mountain setting. House comes furnished with a few exceptions (see attachments). This home is offered separately or in tandem with 772 Luther Burbank MLS# 3890614 (contiguous home next door). If homes are purchased together, they will be discounted slightly. NOTE: Generate short term income from day one. AIRDNA estimates potential Yearly Gross over $100K for the two short term rentals.

Full Property Details

Full Property Details for 760 Luther Burbank Dr

General

Sold For: $319,000
Status: Closed
Type: Single Family
Source: Charlotte_Regional_Realtor_Association
MLS ID: 3890610
Added to Site: 905 day(s) ago

Interior

Fireplace: Yes
Fireplace(s): Ventless, Ventless
Appliances: Electric Cooktop, Dryer, Refrigerator, Washer
Flooring: Carpet, Tile, Vinyl, Wood

Rooms

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Bedrooms

Total Bedrooms: 3

Other Rooms

Laundry: Main Level

Exterior

Exterior Features: Fence

Parking

Parking Features: Parking Space - 4+

Location

County: Rutherford
Subdivision: Chimney Rock Mountains
Driving Directions: Across from the Lake Lure Post Office, turn onto Washburn. Left on Luther Burbank. Stay Right. Second house on the left.

School Information

Elementary School: Lake Lure Classical Academy
Middle School: Lake Lure Classical Academy
High School: Lake Lure Classical Academy

Heating & Cooling

Heating Type: Wall Unit(s), Window Unit(s)
Water Heater: Electric, Propane

Utilities

Sewer: Septic Installed
Water: Public

Structural Information

Construction: Site Built
Exterior Const.: Concrete, Wood Siding, Other
Roof: Shingle
Square Feet: 1,298
Living Area: 1,298 Sq. Ft.
Main/1st Level: 1,064 Sq. Ft.
Year Built: 1985

Lot Features

Lot Size (Acres): 0.31
Street/Road Desc.: Gravel
Elevation (Approx.): 1000
Lot Features: Wooded, Wooded
Zoning: RES

Financial Considerations

Terms: 1031 Exchange, Cash, Conventional

Disclosures and Reports

Restrictions: No Representation
Property ID: 222536
Lot Number: 001165/00476

Listed by Dwell Realty Group
Sold by Mountain Oak Properties

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Listing agents

— 760 Luther Burbank Dr —

Dwell Realty Group
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Schools

Schools serving 760 Luther Burbank Dr

School District:Rutherford County Schools

Name	Grades	Distance
Pinnacle Elementary School, Rutherfordton, NC 1204 Painters Gap Rd, Rutherfordton, NC 28139	PK-5	12.2 mi
R-S Middle School 545 Charlotte Rd, Rutherfordton, NC 28139	6-8	16.1 mi
R-S Central High School 641 Us 221 Hwy N, Rutherfordton, NC 28139	9-12	14.3 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 760 Luther Burbank Dr

Date

Details

Price

Change

Source

12/02/2022

Sold

$319,000

-3.33%

MLS

10/12/2022

Price Reduced

$330,000

-5.71%

MLS

9/28/2022

Price Reduced

$350,000

-5.38%

MLS

8/27/2022

Price Reduced

$369,900

-2.66%

MLS

8/13/2022

Listed

$380,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2
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$310,000

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Beds
2
Total Baths

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$320,000

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Closed

4
Beds
4
Total Baths

760 Luther Burbank Drive, Lake Lure, NC 28746 (MLS# 3890610) is a Single Family property that was sold at $319,000 on December 02, 2022. Want to learn more about 760 Luther Burbank Drive? Do you have questions about finding other Single Family real estate for sale in Lake Lure? You can browse all Lake Lure real estate or contact a Coldwell Banker agent to request more information.

760 Luther Burbank Dr Lake Lure, NC 28746