Lake Lure · Lake Lure, NC
268 Mallard Road
Lake Lure, NC · 2,530 sqft
$699,000
Reduced from $729,000
- 3Beds
- 2.5Baths
- 2,530SqFt
- 1998Year
- 52Days on market
About this home
Lake front cottage with your own private swimming & fishing dock and beautiful views. Welcome to the peaceful shores of Mirror Lake in Riverbend at Lake Lure! his 1 1/2-story well-maintained home with new roof and updated kitchen and basement offers privacy, water recreation and income potential. The main level has two bedrooms, a full bath and family room with wood burning fireplace, planked ceiling and a wall of windows for natural light. There is ample room for meals on the enclosed porch that seats ten, a separate dining area seating six and a kitchen breakfast bar for three. Relax and drink your morning coffee or cookout on spacious partially shaded deck with amazing water views. The upper level loft contains the primary bedroom and 1/2 bath & shower. As you head down the newly carpeted stairs to the basement, you will discover a 4-bunk bonus room and a family recreation room with TV, games, puzzles, pingpong & foosball. The basement is newly floored and also contains a full bath and large laundry room & owners closet. Riverbend at Lake Lure has its own private sand beach and swimming area pavilion and hiking trails.
This lake front investment opportunity comes fully furnished easily and can be easily used as a rental or 2nd home! Lake Lure, Chimney Rock, shopping, Ingles grocery and lots of outdoor activities are just minutes away. Seller is a NC real estate agent.
Property details
- Beds
- 3
- Baths
- 2.5
- SqFt
- 2,530
- Lot
- —
- Year built
- 1998
- Type
- Single Family
- Days on market
- 52
- Style
- Cape Cod
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Foundation
- Basement
- Flooring
- Carpet, Tile, Vinyl
- View
- Water
- HOA dues
- $650 / yr
Features
- Breakfast Bar
- Fire Pit
- Hot Tub
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$5,111/ month
- Principal & interest
- $4,329
- Property tax (~0.90%)
- $524
- Homeowners insurance
- $203
- HOA dues
- $54
Down payment
$34,950 down · $664,050 financed
Income to qualify (28% rule)
~$219,060 / 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.