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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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1971 Swiss Pine Lake Dr , Spruce Pine, NC 28777
$1,250,000
Est. Payment: $6,441.51/mo
2 Bed
3 Bath
1874 Sqft
Status: active | Days on site: 1
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

Steeped in local history, the Swiss Pine Lake community was established in 1959 when the Geruso family purchased approximately 500 acres. They then developed the lake, water system, and surrounding infrastructure that continue to serve this sought-after mountain community today. Originally constructed as a hunting lodge, this remarkable property was later remodeled by the Geruso family into their private residence, preserving its historic character and significance. Built from rare old-growth American Chestnut, the lodge showcases exceptional craftsmanship, warmth, and architectural details seldom found today. The dramatic main living area features vaulted ceilings with skylights, exposed log and chinking walls, and an impressive floor-to-ceiling stone fireplace that anchors the space with rustic elegance. Original doors and windows preserve the home’s authentic character, while the front porch overlooks the lake, beach, recreation area, and Geruso Pavilion. Upper-level bonus rooms provide additional accommodations, and the basement offers a laundry area, flexible storage and future possibilities. Surrounded by the natural beauty of Western North Carolina, the property includes hiking trails, a waterfall, peaceful wooded surroundings, and approximately 46 acres with potential for additional homesites. This unique offering presents endless possibilities as a private mountain retreat, family gathering place, or investment opportunity. Located within the established Swiss Pine Lake community, the property benefits from well-maintained roads, established covenants and restrictions, and thoughtful community guidelines that help preserve the harmony, beauty, and long-term appeal of this scenic mountain setting known for its beautiful hillside homes. Nestled in the heart of the Blue Ridge Mountains, Mitchell County offers the natural beauty and small-town charm Western North Carolina is known for. Home to scenic mountain vistas, rushing rivers, and endless outdoor recreation, the area is ideal for hiking, fishing, camping, and exploring nearby attractions including the Blue Ridge Parkway, Roan Mountain, the North Toe River, and Pisgah National Forest. Enjoy four distinct seasons with cool mountain summers and vibrant fall foliage. Rich in Appalachian heritage, Mitchell County is known for its welcoming communities, thriving arts and crafts scene, and unique mining history centered around Spruce Pine’s world-renowned quartz deposits. Residents and visitors appreciate the relaxed rural lifestyle, local galleries, festivals, and easy access to nearby destinations including Asheville, Boone, and Johnson City. Whether seeking a full-time residence, mountain retreat, or investment opportunity, Mitchell County offers a timeless mountain setting with lasting appeal.

Highlights

Listed by Rebecca Condrey , 828-925-5555 RE/MAX Living , 828-559-2121. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
47.56

HOA Fee

800 Annually

Year Built

1926

County

Mitchell

Neighborhood

Swiss Pine Lake

Listing ID

4385692

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:3
  • Full Bathrooms:3
Appliances:Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer
Floor:Linoleum,Wood
Above Ground Sq Ft:1874
Below Ground Sq Ft:0
Basement:Daylight,Exterior Entry,Interior Entry,Storage Space,Unfinished,Walk-Out Access,Walk-Up Access
Other:Split Bedroom,Storage,Has Fireplace,Master on Main
Other:Well

Exterior Features

Lot:Cleared,Hilly,Level,Private,Views,Wooded,Beach - Public
Roof:Other - See Remarks
Sewer:Septic Installed
Parking Features:Driveway
Principal Interest
$6,442
Taxes
$797
HOA
$800

Home Price

$1,250,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,441.51

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $6,441.51 $796.88 $800.00 $8,038.38
Yearly $77,298.09 $9,562.50 $9,600.00 $96,460.59
Total $2,318,942.64 $286,875.00 $288,000.00 $2,893,817.64

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Spruce Pine, 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.

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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T21:58:06.000Z

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