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$350,000
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Property Description
Situated on 3 private UNRESTRICTED acres, in a prime location between Lake Lure and Rutherfordton, this versatile property features a 2-bedroom, 1-bath home and offers the freedom to create, expand, or invest without restriction. Whether you're envisioning a full-time residence, short-term rental, mini-farm, hunting cabin or future development, the potential here is truly unlimited. Enjoy the perfect balance of convenience and privacy, with easy access to both Lake Lure and Rutherfordton while still surrounded by peaceful, natural beauty. Opportunities like this, unrestricted land in such a desirable location, are increasingly hard to find. Bring your vision and make it your own!
Full Property Details
Full Property Details for 721 Old Ml Rd
General
- Price: $350,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4376955
- Updated: 5/1/2026
- Added to Site: 8 day(s) ago
Interior
- Appliances: Dishwasher, Electric Oven, Microwave, Refrigerator, Washer/Dryer
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Main - Full Baths: 1
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Laundry Room, Main Level
Parking
- Parking Features: Driveway
Location
- County: Rutherford
- Driving Directions: Follow Calhoun trail to right - continue on road and turn right by red farm gate - follow road through open green farm gate - Left at fork in road - first left up driveway to house. Follow signs.
School Information
- Elementary School: Lake Lure Classical Academy
- Middle School: Lake Lure Classical Academy
- High School: Lake Lure Classical Academy
Heating & Cooling
- Cooling Type: Ductless
- Heating Type: Ductless
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction: Site Built
- Exterior Const.: N/A
- Main/1st Level: 960 Sq. Ft.
- Year Built: 2020
Lot Features
- Street/Road Desc.: Gravel, Paved
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: No Restrictions
- Property ID: 1642800
- Lot Number: 2006-745
Listed by Howard Hanna Beverly-Hanks, Lake Lure
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Schools
Schools serving 721 Old Ml Rd
School District:Rutherford County Schools
| Name | Grades | Distance |
|---|---|---|
Pinnacle Elementary School 1204 Painters Gap Road, Rutherfordton, NC 28139 | PK-5 | 6.5 mi |
R-S Middle School 607 Westbrook Drive, Rutherfordton, NC 28139 | 6-8 | 8.9 mi |
R-S Central High School 641 U.S. 221, Rutherfordton, NC 28139 | 9-12 | 8.9 mi |
Rutherford Early College High School 286 I C C Loop Road, Spindale, NC 28160 | 9-12 | 13.5 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 721 Old Ml Rd
Date
Details
Price
Change
Source
4/30/2026
Listed
$350,000
48.94%
MLS
6/05/2018
Sold
$235,000
—
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 721 Old Ml Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,971
66%
$322,100
—
2021
$1,186
—
$322,100
81%
2022
$1,186
—
$177,800
—
2021
$1,186
94%
$177,800
94%
2019
$611
-1%
$91,600
—
2018
$620
1%
$91,600
—
2017
$611
—
$91,600
—
2015
$611
—
$91,600
—
2014
$611
—
$91,600
—
2013
$611
—
$91,600
—
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 721 Old Ml Rd
721 Old Mill Road, Lake Lure, NC 28746 (MLS# 4376955) is a Single Family property with 2 bedrooms and 1 full bathroom. 721 Old Mill Road is currently listed for $350,000 and was received on April 30, 2026. Want to learn more about 721 Old Mill 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.

