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1111 Bills Creek Rd, Lake Lure, NC, 28746

5beds
2baths
2,608sqft
$1,390,000
$533price/sqft
$8,354/moest. monthly cost
$334,160/yrincome needed

About This Home

Located only minutes from Rumbling Bald on Lake Lure, this picturesque Victorian style farmhouse sits on over 14 acres which includes multiple building sites, pasture, garden space, green house, and in-ground pool. This unique property is suitable for estate living, farm-to-table restaurant and/or small private inn with some modifications. The possibilities are endless. The covered front porch wraps to the side of the house and provides a relaxing area for rocking, enjoying outdoor lunch or sipping tea. The grounds provide an abundance of opportunities in gardens, lawn games and animal husbandry. Barns and outbuildings could be reimagined as event space, shops, spa space, etc. A short 4-mile drive to shopping, restaurants and access to Lake Lure. Airports in Greenville SC, Asheville and Charlotte are all within 1 ½ hours. As infrastructure is being re-built in Lake Lure, now is a great opportunity to create a lasting legacy.

Getting Around

14
WalkingCar-Dependent
0
TransitVery Limited Transit
18
BikeSomewhat Bikeable

Schools

4/10
4/10
R-S Middle SchoolGrades 6-811.0 mi
4/10
R-S Central High SchoolGrades 9-1211.0 mi

Construction

Condition

  • Year built: 1909

Materials

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction materials: Wood

Type & Style

  • Home type: SingleFamily
  • Architectural style: Victorian
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Washer/Dryer
  • Laundry features: In Kitchen

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bedrooms: 1

Features

  • Fireplace features: Wood Burning
  • Finished area below ground: 0
  • Finished area above ground: 2,608

Heating & Cooling

  • Heating features: Floor Furnace
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 2,608
  • Total interior livable area: 2,608 sqft

Living Room

  • Level: Main
  • Area: 244.3389
  • Dimensions: 18' 4" X 13' 4"

Primary Bedroom

  • Level: Main
  • Area: 163.54
  • Dimensions: 13' 0" X 12' 7"

Property

Accessibility

  • Accessibility features: Two or More Access Exits

Details

  • Parcel number: 1656579
  • Zoning: N/A
  • Special condition: Standard
  • Horse amenities: Pasture

Features

  • Levels: Two and a Half
  • Stories: 2
  • Pool features: In Ground
  • Fencing: Chain Link
  • Has view: Yes
  • View description: Long Range

Lot

  • Lot size: 14.02 Acres
  • Features: Pasture,Sloped,Views,Wooded

Parking

  • Parking features: Driveway
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Strong Wind
Cold Wave
Landslide
Lightning
Tornado

FEMA Declared Disasters in Rutherford County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $7,028$84,336
Home Insurance *$443$5,316
Property Taxes $641$7,692
Electricity $242$2,914
Total$8,354$100,248
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$286,422/yr
40% on housing$250,620/yr
45% on housing$222,773/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.6%
11.6%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 8.5%
8.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$533This listing

vs Other Active Listings

Avg $/sqft

ZIP 28746$278
Rutherford County$225

vs Homes Sold Last Month

Median $/sqft

ZIP 28746$284
Rutherford County$196

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-06-23Listed for sale$1,390,000
2024-10-23Listing removed$1,400,000
2024-09-08Price change$1,629,700
2024-07-09Price change$1,800,000
2024-06-06Price change$2,300,000
2024-04-26Price change$2,800,000
2024-03-25Listed for sale$3,200,000

For Sale by Agent

AgentThomas McKay
BrokeragePinnacle Sothebys International Realty

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