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517 Pheasant St, Lake Lure, NC, 28746

2beds
2baths
1,038sqft
$365,000
$352price/sqft
$2,316/moest. monthly cost
$92,640/yrincome needed

About This Home

Meticulously maintained and full of charm, this 2 bed, 2 bath cabin is tucked away in the sought-after Riverbend community in Lake Lure. Surrounded by nature and thoughtfully cared for, this home offers the perfect blend of comfort, privacy, and outdoor adventure. Step inside to an open-concept living space that feels both cozy and functional, ideal for a vacation rental, full-time living, or a peaceful mountain retreat. The sellers have taken great pride in ownership, with key updates including a brand new roof (2024) and full crawlspace encapsulation, offering peace of mind for years to come. Enjoy quiet mornings with a book on the front porch, or unwind on the back porch off the primary suite overlooking a beautiful fire pit area. The private setting makes it easy to relax and recharge. Riverbend’s exceptional amenities truly set this property apart, featuring two private lakes, a sandy beachfront, access to the Broad River, scenic walking trails, a community waterfall, picnic areas, and an outdoor pavilion perfect for gatherings and grilling. With kayaking, canoeing, fishing, and hiking opportunities both inside the gates and beyond, this is an outdoor enthusiast’s paradise.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10
4/10
R-S Middle SchoolGrades 6-811.1 mi
4/10
R-S Central High SchoolGrades 9-1211.3 mi

Construction

Condition

  • Year built: 2009

Materials

  • Foundation: Crawl Space
  • Construction materials: Log,Wood

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Oven,Refrigerator,Washer/Dryer
  • Laundry features: In Hall,Main Level

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

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

Dining Area

  • Level: Main

Features

  • Open Floorplan,Walk-In Closet(s)
  • Door features: French Doors
  • Flooring: Wood
  • Fireplace features: Family Room,Wood Burning
  • Finished area below ground: 0
  • Finished area above ground: 1,038

Heating & Cooling

  • Heating features: Heat Pump
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 1,038
  • Total interior livable area: 1,038 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Features: Walk-In Closet(s)
  • Level: Main

Property

Details

  • Parcel number: 0652618439
  • Zoning: None
  • Special condition: Standard
  • Exclusions: Tvs and tv wall mount,all wall hangings

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Covered,Deck,Front Porch,Rear Porch
  • Exterior features: Fire Pit
  • Waterfront features: Beach - Public,Covered structure
  • Waterbody name: Mirror Lake

Lot

  • Lot size: 0.55 Acres
  • Features: Corner Lot,Green Area,Private,Sloped,Wooded

Parking

  • Total spaces: 4
  • Parking features: Driveway
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4

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 $1,845$22,140
Home Insurance *$116$1,392
Property Taxes $155$1,860
Electricity $200$2,405
Total$2,316$27,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,405/yr
40% on housing$69,480/yr
45% on housing$61,760/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

$352This listing

vs Other Active Listings

Avg $/sqft

ZIP 28746$285
Rutherford County$228

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
2026-04-09Listed for sale$375,000
2023-08-17Sold$325,000
2023-07-13Listed for sale$315,000
2020-05-13Sold$202,000
2020-02-10Pending sale$205,000
2020-01-24Listed for sale$205,000
2009-07-23Sold$130,000

For Sale by Agent

AgentIsaiah Iventosch
BrokerageEXP Realty LLC

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