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Lake Lure · Lake Lure, NC

121 Fern Loop

Lake Lure, NC · 2,386 sqft

$575,000

  • 3Beds
  • 3Baths
  • 2,386SqFt
  • 2003Year
  • 85Days on market

About this home

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. .

Property details

Beds
3
Baths
3
SqFt
2,386
Lot
Year built
2003
Type
Single Family
Days on market
85
Heating
Heat Pump
Cooling
Central Air
Foundation
Slab
Flooring
Tile, Vinyl, Wood
View
Mountain(s)
HOA dues
$4,967 / yr

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$4,574/ month

Principal & interest
$3,561
Property tax (~0.90%)
$431
Homeowners insurance
$167
HOA dues
$413

Down payment

$28,750 down · $546,250 financed

Income to qualify (28% rule)

~$196,029 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.