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$1,075,000
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Property Description
Lakeside living at its best! Imagine a home perched on a gentle slope where every window frames a shimmering expanse of the lake. Inside, the living spaces are open and airy, with a mix of warm wood tones, light, and neutral colors. An Elegant 4 bd/4.5 bath home featuring stunning wood floors, a cozy fireplace, and a spacious master suite on the main level. The gourmet kitchen boasts quartz countertops, a wine cooler, barnwood accents, and upscale appliances including a Wolf induction range. A spacious deck stretches toward the water, perfect for morning coffee and peaceful evenings with cool mountain breezes. The landscape around the house is lush and thoughtfully designed with native plants. There is an office/flex space with a Murphy bed on the main level. Additional bedrooms and bathrooms in the lower level provide the perfect getaway. Other highlights include a built in Generator for peace of mind, a huge laundry area with rinse shower, and double garage which offers a level entrance into the home. All of this only a hop, skip, and a jump from the Wellness Center, pools, and Restaurants. Enjoy all the community amenities with Two Championship Golf Courses, Tennis Courts, Hiking Trails, Cabana, Private Beach, and much, much, more! Check out the virtual tour: https://my.matterport.com/show/?m=tFjBt24BiXb&mls=1
Full Property Details
Full Property Details for 147 Watergate Rd
General
- Sold For: $1,075,000
- HOA FEE: $414/month
- HOA FEE FREQ.: Annually
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4360810
- Added to Site: 96 day(s) ago
Interior
- Interior Features: Breakfast Bar, Open Floorplan, Pantry
- Fireplace: Yes
- Fireplace(s): Gas, Gas Log, Gas Vented, Gas, Gas Log, Gas Vented
- Appliances: Bar Fridge, Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Induction Cooktop, Microwave, Refrigerator with Ice Maker, Washer, Washer/Dryer, Wine Refrigerator
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
- Basement Baths: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms-B: 3
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Laundry Room, Main Level
Additional Information
- Shared Amenities: Boat Storage, Business Center, Cabana, Dog Park, Fitness Center, Game Court, Gated, Golf, Hot Tub, Indoor Pool, Lake Access, Outdoor Pool, Pickleball, Picnic Area, Playground, Pond, Putting Green, Recreation Area, RV Storage, Sauna, Sport Court, Tennis Court(s), Walking Trails
- Pool: Yes
- Equipment: Fuel Tank - Owned, Generator
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Attached Garage, Garage Door Opener
Location
- County: Rutherford
- Subdivision: Rumbling Bald on Lake Lure
- Driving Directions: From Lake Lure, take Hwy. 64/74 East to left on Bills Creek Road to left on Buffalo Creek Road to the bottom of the hill, then bear right over the bridge and left into Rumbling Bald. Stay Straight through the Security gate to left on Quail Ridge Blvd. to right just past Trout Stream onto Watergate. Follow up hill to 147 Watergate on the left.
School Information
- Elementary School: Lake Lure Classical Academy
- Middle School: Lake Lure Classical Academy
- High School: Lake Lure Classical Academy
Community
- Assoc. Name: Fairfield Mountains POA Inc.
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Ductless, Heat Pump
- Heating Type: Ductless, Heat Pump
Utilities
- Sewer: Public Sewer
- Water: Community Well
- Utility Description: Fiber Optics, Underground Utilities
Structural Information
- Architectural Style: Contemporary
- Construction: Site Built
- Exterior Const.: Fiber Cement
- Basement: Yes
- Basement Desc.: Finished
- Roof: Composition
- Main/1st Level: 1,970 Sq. Ft.
- Year Built: 1995
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Views
Water Features
- Water Front Name: Lake Lure
Financial Considerations
- Association Fee: $4,967
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Building, Deed, Short Term Rental Allowed, Subdivision
- Property ID: 1649447
- Plat: 34
- Lot Number: 1085-641
Listed and Sold by Rumbling Bald Real Estate
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Schools
Schools serving 147 Watergate Rd
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Pinnacle Elementary School 1204 Painters Gap Road, Rutherfordton, NC 28139 | PK-5 | 10.4 mi |
R-S Middle School 607 Westbrook Drive, Rutherfordton, NC 28139 | 6-8 | 13.4 mi |
R-S Central High School 641 U.S. 221, Rutherfordton, NC 28139 | 9-12 | 13.4 mi |
Rutherford Early College High School 286 I C C Loop Road, Spindale, NC 28160 | 9-12 | 18 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 147 Watergate Rd
Date
Details
Price
Change
Source
5/27/2026
Sold
$1,075,000
-2.27%
MLS
4/06/2026
Listed
$1,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
147 Watergate Road, Lake Lure, NC 28746 (MLS# 4360810) is a Single Family property that was sold at $1,075,000 on May 27, 2026. Want to learn more about 147 Watergate Road? 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.

