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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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121 Fern Loop , Lake Lure, NC 28746
$575,000
Est. Payment: $1,277.78/mo
3 Bed
4 Bath
2386 Sqft
Status: Under Contract-No Show | Days on site: 85
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R03766 - R13390
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House Description

RARE INVESTMENT OPPORTUNITY IN LAKE LURE NC- Welcome to Captain's Quarters, a spacious mountain retreat located inside the gated community of Rumbling Bald on Lake Lure, with 38 days already booked for 2026, providing immediate income potential. Whether you're seeking a proven vacation rental, a second home, or a future primary residence, this property offers exceptional flexibility. Designed to maximize both comfort and mountain views, the upper level features the main living area with a well-appointed kitchen, pantry, half bath, and a spacious primary suite complete with a private bath and walk-in closet. Step outside to the upper deck and enjoy beautiful views of Bald Mountain and the surrounding natural landscape. The lower level offers additional space for family and guests with two bedrooms, two bathrooms, a laundry area, and a separate living room, creating a private and functional guest or multi-generational living. Outdoor living is a true highlight, featuring a covered lower porch, a spacious side deck, and an expansive covered rear deck connecting to the upper living area. Above it all, a private observation deck (widow's walk) provides a unique vantage point to take in breathtaking mountain views and the peaceful serenity that makes Western North Carolina so special. Located just a short golf cart ride from Rumbling Bald's renowned amenities, including championship golf courses, indoor and outdoor pools, private Lake Lure beach access, wellness center, restaurants, hiking trails, and outdoor recreation, this property offers year-round appeal. For buyers considering a future move to the mountains, Captain's Quarters presents a unique opportunity to generate rental income and build ownership equity today while enjoying an established rental history and existing bookings. Continue operating it as a successful vacation rental while it helps offset ownership costs, then transition it into your full-time residence, retirement home, or personal mountain getaway when the time is right. This is an opportunity to invest in your future while enjoying income-producing potential from day one. .

Highlights

Listed by Debbie Cates , 828-817-2442 Rumbling Bald Real Estate , 828-694-3001.

Property Type

Residential

Lot/Acreage
0.63

HOA Fee

4967 Annually

Year Built

2003

County

Rutherford

Neighborhood

Rumbling Bald on Lake Lure

Listing ID

4357970

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:3
  • Bathrooms:4
  • Full Bathrooms:2
  • 1/2 Bathrooms:2
Appliances:Dishwasher, Gas Range, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Air Cond:Central Air
Fireplaces:Family Room,Gas Log
Floor:Tile,Vinyl,Wood
Above Ground Sq Ft:2386
Below Ground Sq Ft:0
Other:
  • Additional:Has Fireplace
Water:Community Well

Exterior Features

Lot:Paved,Views,Beach - Public,Boat Slip – Community,Paddlesport Launch Site - Community
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$1,278
Taxes
$367
HOA
$4,967

Home Price

$575,000

Loan Details

30 yrs
%

Down Payment

20%
$115,000
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Monthly Price:
$1,277.78

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,277.78 $366.56 $4,967.00 $6,611.34
Yearly $15,333.33 $4,398.75 $59,604.00 $79,336.08
Total $460,000.00 $131,962.50 $1,788,120.00 $2,380,082.50

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lake Lure, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.