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2555 Memorial Hwy #1, Lake Lure, NC, 28746

3beds
1baths
1,240sqft
$580,000
$468price/sqft
$3,615/moest. monthly cost
$144,600/yrincome needed

About This Home

LAKE LURE LOG CABIN IS ON A GREAT LOCATION NEAR TOWN the tax is 1600. per year .. THE LOG CABIN IS ONLY A 5 MIN WALK TO LAKE LURE AND IS ON PRIME LOCATION WITH 3 BED ROOMS. THE CABIN CAN BE OPPORTUNITY FOR BUSINESS OR A VACATION HOME. HAS CITY WATER AND SEWER. FOR ALL OTHER INFO .

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

4/10
4/10
R-S Middle SchoolGrades 6-812.8 mi
4/10
R-S Central High SchoolGrades 9-1212.8 mi

Construction

Condition

  • Year built: 2002

Type & Style

  • Home type: SingleFamily

Interior

Basement

  • Basement: Basement (not specified)

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Forced air,Heat pump,Electric
  • Cooling features: Central,Other

Interior Area

  • Total interior livable area: 1,240 sqft

Property

Lot

  • Lot size: 1 Acres

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 $2,932$35,184
Home Insurance *$184$2,208
Property Taxes $299$3,588
Electricity $200$2,405
Total$3,615$43,380
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$123,942/yr
40% on housing$108,450/yr
45% on housing$96,400/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

$468This 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)

No zestimate history available

Price History

DateEventPrice
2026-01-16Listed for sale$589,000

For Sale by Owner

AgentProperty Owner

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