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$849,000

  • For Sale
  • Active
  • Commercial
  • Updated 9 days ago
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Truly one of a kind. Frontage like this, in a corridor like this, and at a moment like this... doesn't show up often. This ~1.48 acre site boasts ~516 feet of frontage on the Rocky Broad River and Lake Lure! Just as the river enters the lake onsite, this property also represents the gateway between Chimney Rock Village and Lake Lure, which is a bulls eye for the region's return. Just upstream of the former Flowering Bridge site, the land opens straight to the Rocky Broad River and Lake Lure proper with multiple road access points. It is a natural home for a river or lake recreation hub, food and beverage, lodging, or the hospitality concept the current owners advanced (development plans available upon request). A building pad sits above the 100 year floodplain, and an existing structure remains on-site, offered as-is with no value attributed... ready to reimagine. A kayak / SUP fleet is also on-site and negotiable. As this community is restored and reopens, public grants and comprehensive plans are in motion, and demand for river and lake recreation is only building. Reference the attached Raise the Rock plan for more info, with this property in the thick of it. CG (Commercial General) zoning allows for a variety of uses. The opportunity here is land, water and community stewardship, the rebuilding of Chimney Rock and Lake Lure, and the entrepreneurial value of planting your flag early. Call the listing agents.

Full Property Details for 3127 Memorial Hwy

General

  • Price: $849,000
  • Status: Active
  • Type: Commercial
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4428552
  • Updated: 9/29/2026
  • Added to Site: 10 day(s) ago

Location

  • County: Rutherford
  • Driving Directions: From downtown Asheville, take I-240 E to I-40 W and exit 51 onto US-25A S (Sweeten Creek Rd). Go 4.2 mi and turn left onto Mills Gap Rd. After 4.9 mi, turn left onto Burney Mountain Rd, then left onto Hoopers Creek Rd. Turn right onto Terrys Gap Rd, which becomes S Mills Gap Rd. Turn left onto US-64 E (Chimney Rock Rd) and go 6.2 mi. At Bat Cave, turn right onto US-64 E/US-74A E and continue about 3.2 mi. Property is on the right. Approx. 33 mi / 1 hr from Asheville. From downtown Hendersonville, take 6th Ave W east, which becomes US-64 E (Four Seasons Blvd). Follow US-64 E for about 14 mi. At Bat Cave, turn right onto US-64 E/US-74A E and continue about 3.2 mi. Property is on the right. Approx. 18 mi / 37 min from Hendersonville.
  • City Limits: Yes

Utilities

  • Sewer: Public Sewer, Tap Fee Required
  • Water: City, Tap Fee Required
  • Utility Description: Other - See Remarks

Structural Information

  • Construction: Site Built
  • Basement: Yes
  • Basement Desc.: Dirt Floor, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
  • Minimum Avail: 1,000 Sq. Ft.
  • Year Built: 1949

Lot Features

  • Street/Road Desc.: Paved
  • Elevation (Approx.): 1000
  • Lot Features: Cleared, Flood Plain/Bottom Land, Level, Open Lot, River Front
  • Rcmdd Zoning: CG

Financial Considerations

  • Terms: Cash, Conventional

Disclosures and Reports

  • Restrictions: Other - See Remarks
  • Inclusions: Building, Equipment, Inventory, Land
  • Property ID: 632599530
  • Lot Number: 2074/3956

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Listing agents

— 3127 Memorial Hwy —

  • Keller Williams Professionals

  • Keller Williams Professionals

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 3127 Memorial Hwy

School District:Rutherford County Schools
NameGradesDistance
Pinnacle Elementary School
1204 Painters Gap Road, Rutherfordton, NC 28139
PK-513.1 mi
R-S Middle School
607 Westbrook Drive, Rutherfordton, NC 28139
6-815.3 mi
R-S Central High School
641 U.S. 221, Rutherfordton, NC 28139
9-1215.4 mi
Rutherford Early College High School
286 I C C Loop Road, Spindale, NC 28160
9-1219.6 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 3127 Memorial Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/28/2026
Listed
$849,000
178.36%
MLS
9/01/2023
Sold
$305,000
—
Public Record
Get Price Alerts and Save Property
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 for 3127 Memorial Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2025
$230
-75%
$22,800
-81%
2021
$931
—
$121,000
48%
2022
$931
—
$81,800
—
2021
$931
19%
$81,800
—
2019
$783
-2%
$81,800
-1%
2018
$798
10%
$82,500
—
2017
$728
—
$82,500
—
2016
$728
—
$82,500
—
2015
$728
—
$82,500
—
2014
$728
—
$82,500
—
2013
$728
—
$82,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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3127 Memorial Highway, Lake Lure, NC 28746 (MLS# 4428552) is a Commercial property. 3127 Memorial Highway is currently listed for $849,000 and was received on September 28, 2026. Want to learn more about 3127 Memorial Highway? Do you have questions about finding other Commercial 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.

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