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552 Lake Rd, Old Fort, NC, 28762

4beds
3baths
2,452sqft
$700,000
$285price/sqft
$4,452/moest. monthly cost
$178,080/yrincome needed

About This Home

Fully furnished lakefront mountain retreat in the sought-after Gateway Mountain community! Nestled on 1.9 acres, this gated community spans over 3,000 acres and allows short-term rentals, making it an excellent opportunity for a vacation home or income-producing rental. Overlooking serene Lake George, the property features a private dock, tool shed, and a stunning firepit area with a gravel path and steps to the water. Extensive 2022 upgrades include quartz countertops, stainless steel appliances, updated bathroom fixtures, and stylish light fixtures and ceiling fans throughout. The fully stocked kitchen and furnished interiors make this home truly turnkey. Enjoy the peaceful mountain setting while being minutes from adventure. Don’t miss this rare opportunity—schedule your showing today!

Getting Around

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

Schools

7/10
3/10
Mcdowell High SchoolGrades 9-1212.9 mi

Construction

Condition

  • Year built: 2007

Materials

  • Construction materials: Log,Stone

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Electric Oven,Electric Water Heater,Refrigerator
  • Laundry features: Laundry Room,Main Level

Basement

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

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Upper

Bathroom Full

  • Level: Basement

Bedroom S

  • Level: Upper

Bedroom S

  • Level: Basement

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Bonus Room

  • Level: Basement

Dining Room

  • Level: Main

Family Room

  • Level: Basement

Features

  • Walk-In Closet(s)
  • Fireplace features: Wood Burning
  • Finished area below ground: 896
  • Finished area above ground: 1,556

Heating & Cooling

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

Interior Area

  • Total structure area: 1,556
  • Total interior livable area: 2,452 sqft

Laundry

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Loft

  • Level: Upper

Other

  • Level: Basement

Other

  • Level: Main

Primary Bedroom

  • Level: Main

Recreation Room

  • Level: Basement

Property

Details

  • Parcel number: 065600966397
  • Zoning: Res
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Patio & porch: Covered,Front Porch,Rear Porch,Side Porch
  • Exterior features: Fire Pit
  • Has view: Yes
  • View description: Long Range,Mountain(s),Year Round
  • On waterfront: Yes
  • Waterfront features: Boat Slip – Community,Dock,Paddlesport Launch Site,Waterfront
  • Waterbody name: Lake George

Lot

  • Lot size: 1.90 Acres
  • Features: Private,Rolling Slope

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

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Lightning
Drought
Hail
Inland Flooding
Landslide
Strong Wind
Tornado

FEMA Declared Disasters in McDowell 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 $3,539$42,468
Home Insurance *$286$3,432
Property Taxes $399$4,788
Electricity $228$2,740
Total$4,452$53,424
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$152,640/yr
40% on housing$133,560/yr
45% on housing$118,720/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: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$285This listing

vs Other Active Listings

Avg $/sqft

ZIP 28762$423
McDowell County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 28762$237
McDowell County$232

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
2026-04-15Listed for sale$725,000
2025-12-02Listing removed$699,900
2025-09-05Price change$699,900
2025-08-12Price change$725,000
2025-04-29Price change$750,000
2025-01-22Price change$775,000
2024-11-26Listed for sale$800,000
2022-08-10Sold$725,000
2022-07-15Contingent$725,000
2022-07-05Listed for sale$725,000
2021-12-20Sold$635,000

For Sale by Agent

AgentStacey Sauls
BrokerageKeller Williams Ballantyne Area

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