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$389,000 Just Listed
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Property Description
Rare Commercial General (CG) zoning with this 3 bedroom home PLUS detached guest suite and large stable-style carport workshop. Enjoy tons of flexibility with zoning, layout, outbuildings, and tons of parking. This is a chance to customize this property to suit your needs. The guest suite has a new (Q3 2024) mini-split HVAC unit and the main house a new (July 2025) HVAC condenser. New flooring in 2024. Full paint in 2024. The property was recently leased long-term with exceptional provable rental income. This already thriving area gained massive additional notoriety from international news coverage of hurricane Helene in 2024 and the historic sale of its most iconic resort property and public beach management contracts that same year. The area is ripe for redevelopment and bursting at its seems with commercial business and hospitality potential. The sellers are motivated to move on post-Helene -- bring all reasonable offers. Nestled just 25 miles from Asheville, this iconic, high-traffic destination boasts a 720-acre lake with 27 miles of shoreline, surrounded by 3,000+ ft peaks. With over 300,000 annual visitors and famed filming locations like Dirty Dancing, this market offers exceptional commercial potential for hospitality and tourism. Chimney Rock State Park is also located just minutes away to the East. This awe-inspiring 535-million-year-old monolith offering breathtaking 75-mile panoramic views of Hickory Nut Gorge and Lake Lure. Featuring a 315-foot granite spire, this iconic, accessible natural wonder draws over 400,000 visitors annually, providing unforgettable, scenic, and adventurous experiences.
Full Property Details
Full Property Details for 1828 Memorial Hwy
General
- Price: $389,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4342373
- Updated: 2/1/2026
- Added to Site: 7 day(s) ago
Interior
- Appliances: Dishwasher, Electric Range, Refrigerator, Washer/Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: In Kitchen
Parking
- Carports: Yes
- Carport Spaces: 4
- Parking Features: Detached Carport, Driveway
Location
- County: Rutherford
Heating & Cooling
- Cooling Type: Central Air, Ductless
- Heating Type: Central, Ductless
Utilities
- Sewer: Public Sewer
- Water: City
Structural Information
- Construction: Site Built
- Exterior Const.: Vinyl, Wood
- Roof: Fiberglass
- Main/1st Level: 950 Sq. Ft.
- Year Built: 1990
Lot Features
- Street/Road Desc.: Gravel
- Rcmdd Zoning: CG
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 228678
- Lot Number: 2080/3776
Listed by G Carter Consulting LLC
Get Pre-Approved Today
Schools
Schools serving 1828 Memorial Hwy
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Pinnacle Elementary School 1204 Painters Gap Road, Rutherfordton, NC 28139 | PK-5 | 11.4 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 | 13.6 mi |
Rutherford Early College High School 286 I C C Loop Road, Spindale, NC 28160 | 9-12 | 17.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1828 Memorial Hwy
Date
Details
Price
Change
Source
1/31/2026
Listed
$389,000
11.14%
MLS
4/16/2024
Sold
$350,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1828 Memorial Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,695
-1%
$326,700
8%
2021
$2,716
—
$302,500
26%
2022
$2,716
—
$240,100
—
2021
$2,716
18%
$240,100
—
2019
$2,298
-2%
$240,100
-1%
2018
$2,350
10%
$243,000
—
2017
$2,146
—
$243,000
—
2015
$2,146
—
$243,000
—
2014
$2,146
—
$243,000
—
2013
$2,146
—
$243,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1828 Memorial Hwy
1828 Memorial Highway, Lake Lure, NC 28746 (MLS# 4342373) is a Single Family property with 3 bedrooms and 2 full bathrooms. 1828 Memorial Highway is currently listed for $389,000 and was received on January 31, 2026. Want to learn more about 1828 Memorial Highway? 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.

