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New
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$460,000

For Sale

5 hours ago

517 Luther Burbank Drive, Lake Lure, NC

House

MLS® 4383872

2 Bed

2 Bath

991 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size 991 sqft
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 2019
Avg. Price Per Sqft $464
MLS® Number 4383872

Property Address: 517 Luther Burbank Drive, Lake Lure, NC, 28746

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 517 Luther Burbank Dr in beautiful Lake Lure — a proven successful vacation rental being sold fully furnished and completely turnkey, and was built and designed with the intention of hosting guests. Whether you’re looking for an income-producing investment property, a mountain getaway, or both, this charming home is ready to start generating revenue from day one. This bright and airy, well-maintained 2-bedroom, 2 full bathroom home offers the perfect blend of comfort, privacy, and outdoor living. Stunning mountain views can be appreciated from multiple rooms in the home. Guests and owners alike will love the spacious wraparound deck on the main level, ideal for relaxing, entertaining, or enjoying the peaceful and private setting. Upstairs, the primary loft style bedroom features its own east facing private deck, creating the perfect spot for a beautiful sunrise or unwinding in the evening and watching the sun set over Party Rock mountain. There is a full, unfinished basement that is ready to be finished easily with pre plumbed pipes installed, multiple windows, tall ceilings, and sliding door access to the yard. Outside, the property features a large yard with plenty of space to enjoy the outdoors, along with a hot tub and fire pit that make this home especially appealing as a vacation destination year-round. Conveniently located near all that Lake Lure and Chimney Rock have to offer, this property is a rare opportunity to own a successful short-term rental in one of Western North Carolina’s most sought-after mountain destinations. All roads leading to the home are maintained by the DOT and Town of Lake Lure. Currently using Starlink for high speed internet and have fantastic connectivity. 5 minutes to Morse Park, Lake Lure public beach, La Strada, Grey Hawk, and other great restaurants. 8 minutes to Chimney Rock Village and Chimney Rock State Park
MLS® Number4383872
Laundry LevelLower
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age2019
BasementExterior Entry, Full, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 20, 2026List Date
$460,000List Price

Home Appraisal

This property is estimated to sell between: $460,000 and $738,000.
Similar properties in this area sold on average for: $644,985
Expected to sell in 76 days. Similar properties sold in 76 days. This home has been on eXp Realty for 0 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

  • Commute

Commute

Starting Address
Destination Address
517 Luther Burbank Drive, Lake Lure, NC

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