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Lake Lure · Lake Lure, NC

232 Island Creek Road

Lake Lure, NC · 1,104 sqft

$220,000

Reduced from $235,000

  • 2Beds
  • 1.5Baths
  • 1,104SqFt
  • 1991Year
  • 131'x200'x223'x297'Lot
  • 28Days on market

About this home

Investor Opportunity in Lake Lure! Discover the potential at 232 Island Creek Road, a property offering a great opportunity for investors, second-home buyers, or anyone looking to own in the beautiful Lake Lure area. The interior of the home is in good condition and provides a comfortable, functional layout with approximately 1,104 square feet, 2 bedrooms, and 1.5 bathrooms. With the interior already in livable condition, the next owner can focus on improving the property's exterior and adding value through landscaping and curb appeal.

The exterior is currently overgrown and would benefit from trimming, clearing, and general cleanup, creating an opportunity to make a noticeable improvement without taking on a major interior renovation. With some work to the landscaping and exterior presentation, this property could have significantly more appeal. The surrounding Lake Lure area is known for its natural beauty, mountain scenery, outdoor recreation, and access to local attractions, making this location appealing for a variety of buyers and potential rental strategies.

Whether you're looking for an investment property, a potential long-term rental, a vacation getaway, or a project with room to add value, 232 Island Creek Road is worth taking a closer look at. Bring your vision and explore the possibilities this property has to offer. Schedule your showing today and see the potential for yourself!

Property details

Beds
2
Baths
1.5
SqFt
1,104
Lot
131'x200'x223'x297'
Year built
1991
Type
Single Family
Days on market
28
Style
Cottage
Heating
Electric, Heat Pump
Cooling
Ceiling Fan(s), Central Air, Electric
Foundation
Crawl Space
Flooring
Carpet, Wood

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$1,591/ month

Principal & interest
$1,362
Property tax (~0.90%)
$165
Homeowners insurance
$64
HOA dues

Down payment

$11,000 down · $209,000 financed

Income to qualify (28% rule)

~$68,215 / 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.