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173 Mistletoe Park, Lake Lure, NC, 28746

4beds
3baths
2,645sqft
$699,000
$264price/sqft
$4,459/moest. monthly cost
$178,360/yrincome needed

About This Home

This is the kind of mountain escape people search for—and rarely find. Wake up to sweeping views of Chimney Rock, spend your days just minutes from Lake Lure, and end every evening soaking in the hot tub under the stars. Offered fully furnished and already operating as a successful short-term rental, this 4-bedroom, 3-bath cabin delivers the best of both worlds—a place to escape and an asset that works for you when you’re not there. Inside, light-filled living spaces flow effortlessly onto expansive decks designed for gathering, relaxing, and taking in the view. Downstairs, a dedicated game and entertainment area plus additional sleeping space make this home as functional as it is fun—ideal for guests and strong rental performance. With NO HOA fees and an additional lot for added privacy, opportunities like this are few and far between. Whether you’re looking for a personal mountain retreat, a proven investment, or both— This one checks every box.

Getting Around

25
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

4/10
Pinnacle Elementary SchoolGrades PK-512.2 mi
4/10
R-S Middle SchoolGrades 6-814.2 mi
4/10
R-S Central High SchoolGrades 9-1214.3 mi

Construction

Condition

  • Year built: 2005

Materials

  • Construction materials: Log,Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Bar Fridge,Dishwasher,Dryer,Electric Cooktop,Electric Oven,Electric Water Heater,Microwave,Washer
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Interior Entry,Walk-Out Access

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Basement

Bathroom Full

  • Level: Third

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 2

Dining Room

  • Level: Main

Features

  • Kitchen Island,Open Floorplan,Pantry,Wet Bar
  • Door features: Sliding Doors
  • Flooring: Carpet,Tile,Wood
  • Fireplace features: Gas Log,Living Room,Propane
  • Finished area below ground: 967
  • Finished area above ground: 1,678

Heating & Cooling

  • Heating features: Heat Pump,Propane
  • Cooling features: Ceiling Fan(s),Central Air,Ductless,Heat Pump

Interior Area

  • Total structure area: 1,678
  • Total interior livable area: 2,645 sqft

Kitchen

  • Features: Breakfast Bar,Open Floorplan
  • Level: Main

Laundry

  • Level: Basement

Living Room

  • Level: Main

Primary Bedroom

  • Features: En Suite Bathroom,Walk-In Closet(s)
  • Level: Third

Recreation Room

  • Level: Basement

Property

Details

  • Parcel number: 1623521
  • Zoning: R1A
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Deck,Front Porch,Rear Porch,Side Porch
  • Exterior features: Fire Pit
  • Has spa: Yes
  • Spa features: Heated
  • Fencing: Back Yard,Chain Link
  • Has view: Yes
  • View description: Long Range,Mountain(s),Year Round
  • Waterbody name: Lake Lure

Lot

  • Lot size: 1.08 Acres
  • Features: Sloped,Wooded,Views

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 $3,534$42,408
Home Insurance *$222$2,664
Property Taxes $457$5,484
Electricity $246$2,956
Total$4,459$53,508
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,880/yr
40% on housing$133,770/yr
45% on housing$118,906/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

$264This listing

vs Other Active Listings

Avg $/sqft

ZIP 28746$283
Rutherford County$227

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)

Price History

DateEventPrice
2026-04-02Listed for sale$729,000
2026-03-30Listing removed$759,400
2025-07-22Price change$759,400
2025-04-29Listed for sale$774,400
2021-06-03Sold$535,000
2021-05-28Pending sale$495,000
2021-05-17Contingent$495,000
2021-05-14Listed for sale$495,000
2020-03-09Sold$375,000
2020-01-30Pending sale$399,000
2020-01-20Listed for sale$399,000
2020-01-13Pending sale$399,000
2019-10-09Price change$399,000
2019-08-04Price change$409,000
2019-06-14Listed for sale$419,000

For Sale by Agent

AgentKatie Myers
BrokerageRealty ONE Group Pivot Hendersonville

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