Date
Details
Price
Change
Source
5/20/2026
Listed
$460,000
—
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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$460,000 Sale Pending
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Property 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
Full Property Details
Full Property Details for 517 Luther Burbank Dr
General
- Price: $460,000
- Status: Pending
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4383872
- Updated: 5/25/2026
- Added to Site: 6 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Fire Pit, Gas Log, Fire Pit, Gas Log
- Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Exhaust Fan, Freezer, Microwave, Oven, Refrigerator, Washer, Washer/Dryer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Upper - Full Baths: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Upper: 1
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: In Basement
Exterior
- Exterior Features: Above Ground Hot Tub / Spa, Fire Pit, Hot Tub
Parking
- Parking Features: Driveway
Location
- County: Rutherford
- Subdivision: Chimney Rock Mountains
- Driving Directions: GPS works. From Memorial HWY onto Washburn Dr, then take left onto Luther Burbank to the end of loop.
School Information
- Elementary School: Lake Lure Classical Academy
- Middle School: Lake Lure Classical Academy
- High School: Lake Lure Classical Academy
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Electric
- Heating Type: Central, Electric, Forced Air, Heat Pump
Utilities
- Sewer: Septic Installed
- Water: City
- Utility Description: Propane, Underground Utilities
Structural Information
- Architectural Style: A-Frame, Cabin
- Construction: Site Built
- Exterior Const.: Hard Stucco, Log
- Basement: Yes
- Basement Desc.: Exterior Entry, Full, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access
- Roof: Architectural Shingle
- Upper: 211 Sq. Ft.
- Main/1st Level: 780 Sq. Ft.
- Year Built: 2019
Lot Features
- Street/Road Desc.: Gravel
- Elevation (Approx.): 1000
- Lot Features: Corner Lot, Green Area, Sloped, Wooded, Views
- Rcmdd Zoning: RES
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Restrictions
- Property ID: 1652164
- Lot Number: 2055/4887
Listed by EXP Realty LLC
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Listing agent
— 517 Luther Burbank Dr —
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Schools
Schools serving 517 Luther Burbank Dr
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Pinnacle Elementary School 1204 Painters Gap Road, Rutherfordton, NC 28139 | PK-5 | 11.8 mi |
R-S Middle School 607 Westbrook Drive, Rutherfordton, NC 28139 | 6-8 | 13.9 mi |
R-S Central High School 641 U.S. 221, Rutherfordton, NC 28139 | 9-12 | 14 mi |
Rutherford Early College High School 286 I C C Loop Road, Spindale, NC 28160 | 9-12 | 18.2 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 517 Luther Burbank Dr
Tax History
Tax History for 517 Luther Burbank Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,360
31%
$403,900
—
2021
$2,572
—
$403,900
78%
2022
$2,572
—
$227,300
—
2021
$2,572
1337%
$227,300
1116%
2019
$179
-66%
$18,700
-65%
2018
$519
—
$53,700
—
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 517 Luther Burbank Dr
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- Single Family
- Active
- Updated 10 days ago
- 2Beds
- 3Total Baths
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517 Luther Burbank Drive, Lake Lure, NC 28746 (MLS# 4383872) is a Single Family property with 2 bedrooms and 2 full bathrooms. 517 Luther Burbank Drive is currently listed for $460,000 and was received on May 20, 2026. Want to learn more about 517 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.