402 Holmstead Dr, Lake Lure, NC, 28746
About This Home
Builder’s custom lakefront double lot retreat, showcasing mountain elegance in a private setting. Located on a deep water main channel in the Gated Community of Blue Heron Point on Lake Lure. Privacy abounds on this rare double lot with over 200 feet of shoreline. This property features a private beach, and an exceptional new boathouse with party deck above. Inside, the home is rich with warm wood finishes and thoughtful details, including post-and-timber exposed beams, tongue-and-groove cathedral ceilings, granite countertops, stainless steel appliances, and a striking stone fireplace. The split-bedroom floor plan enhances privacy, while double covered lakeside decks provide stunning views from multiple vantage points. The main level of the home offers an open-concept design connecting the living, dining, and kitchen areas—perfect for gathering and entertaining. The spacious primary suite, complete with a large private bath and walk-in closet, is thoughtfully positioned for privacy, while two guest bedrooms with a Jack-and-Jill bath are located on the opposite side of the home. The lower level expands your living space with a generous family room, full bath, bunk room, and game room, all opening to the lakeside mountain views and deck. Two additional unfinished rooms currently used for game room and storage provide excellent potential for expansion—ideal for a home office or additional bedrooms. Step outside to enjoy true lakefront living. The lower deck leads directly to the hot tub area then down to the boathouse and waterfront, where you can swim, fish, or relax on your private beach. The boathouse is among the finest on Lake Lure, featuring double slips with barn-door access, covered outdoor living space, side docks for paddleboards, and a screened upper-level porch perfect for lounging or entertaining. This very private property offers the perfect blend of luxury, comfort, and natural beauty—an ideal full-time residence or mountain lake retreat on the main channel of Lake Lure.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2014
Materials
- Construction materials: Hardboard Siding,Wood
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator,Washer/Dryer
- Laundry features: Laundry Room,Main Level
Basement
- Has basement: Yes
- Basement: Interior Entry,Partially Finished,Storage Space,Walk-Out Access
Bedroom S
- Level: Main
Bedroom S
- Level: Main
Bedroom S
- Level: Basement
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bedrooms: 3
Bonus Room
- Level: Basement
Features
- Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
- Door features: French Doors,Insulated Door(s)
- Window features: Insulated Windows
- Flooring: Carpet,Laminate,Tile
- Fireplace features: Living Room
- Finished area below ground: 1,111
- Finished area above ground: 2,033
Heating & Cooling
- Heating features: Electric,Forced Air,Heat Pump
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 2,033
- Total interior livable area: 3,144 sqft
Laundry
- Level: Main
Primary Bedroom
- Level: Main
Property
Details
- Parcel number: 1640775
- Zoning: L1
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered,Deck,Porch
- Exterior features: Rooftop Terrace
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Long Range,Mountain(s),Water,Year Round
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Beach - Private,Boat Lift,Retaining Wall,Dock,Beach Front,Waterfront
- Waterbody name: Lake Lure
Lot
- Lot size: 1.14 Acres
- Features: Private,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
- Ice Storm
- Strong Wind
- Cold Wave
- Landslide
- Lightning
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters in Rutherford County and North Carolina
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $17,697 | $212,364 |
| Home Insurance * | $1,116 | $13,392 |
| Property Taxes | $2,083 | $24,996 |
| Electricity | $292 | $3,513 |
| Total | $21,188 | $254,256 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-08 | Listed for sale | $3,500,000 |
| 2023-12-01 | Sold | $2,340,000 |
| 2023-09-06 | Listed for sale | $2,340,000 |
| 2019-04-08 | Listing removed | $4,100 |
| 2018-09-15 | Listed for rent | $4,100 |
| 2016-09-30 | Sold | $696,500 |
| 2013-04-26 | Sold | $85,000 |
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