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295 Old Mill Rd, Lake Lure, NC, 28746

6beds
4baths
2,760sqft
$180,000
$65price/sqft
$1,317/moest. monthly cost
$52,680/yrincome needed

About This Home

ATTENTION INVESTORS, DIY HOME IMPROVERS & REHAB ENTHUSIASTS — don't miss this opportunity! 13.59 wooded acres offering privacy, natural beauty, and plenty of potential. A creek runs along the backside of the property, creating a peaceful setting with abundant wildlife and room to bring your vision to life. Two manufactured homes are located on the property. Seller makes no representations regarding the safety, condition, habitability, or usability of either structure. Property is being sold AS-IS. Sale is subject to court approval. Whether you're looking for an investment opportunity, a renovation project, or acreage to make your own, this property is worth a look.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
1
BikeSomewhat Bikeable

Schools

4/10
4/10
R-S Middle SchoolGrades 6-89.9 mi
4/10
R-S Central High SchoolGrades 9-129.8 mi

Construction

Condition

  • Year built: 1995

Materials

  • Foundation: Crawl Space
  • Roof: Fiberglass,Metal
  • Construction materials: Vinyl

Type & Style

  • Home type: MobileManufactured
  • Property subType: Manufactured Home

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Laundry Room

Bathroom Full

  • Level: Main

Bedroom S

  • Level: Main

Bedroom S

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 3

Features

  • Total Primary Heated Living Area: 1512
  • Finished area below ground: 0
  • Finished area above ground: 1,512

Heating & Cooling

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

Interior Area

  • Total structure area: 1,512
  • Total interior livable area: 2,760 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 1641228
  • Zoning: res
  • Special condition: Estate,Third Party Approval

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 13.59 Acres
  • Features: Private,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 $910$10,920
Home Insurance *$57$684
Property Taxes $93$1,116
Electricity $257$3,084
Total$1,317$15,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,154/yr
40% on housing$39,510/yr
45% on housing$35,120/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

$65This listing

vs Other Active Listings

Avg $/sqft

ZIP 28746$287
Rutherford County$229

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
2026-06-18Listed for sale$180,000

For Sale by Agent

AgentJoseph Davis
BrokerageStaylakenorman LLC

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