24 Lot Entitled Opportunity in Gorgeous Lake Lure

FOR SALE

THE DWELLINGS LUXURY CONDOS24 Lot Entitled Opportunity in Gorgeous Lake Lure

■ $87,560 in GRI in place.

■ Fully entitled 24-unit development, four completed units, five in foundation, 15 pads.

■ Roads, three wells, septic system, electric, phones, cable in place.

■ Four completed units (e) valued at $325,000-$425,000 each.

■ ALL LOTS ON THE GOLF COURSE!

■ Lots have been developed and were padded in 2008.

■ $3.8M invested in the project to date per owner.

Robert B. Settle, [email protected]

■ Located in a gated community comprised of golf course, two ponds, nature area, boardwalk, nature trails and mountain view single family residential lots.

■ Donald Gardner architectural plans convey – or redesign to your specs & plans.

■ 6.56 acres, $1,065,200 Tax Value Land.

■ Efficient development with Low POA and limited amenities for cost efficiency.

■ Next to neighborhood picnic shelter & park.

■ Development would make great retirement, vacation or full- time residences.

https://www.foothillscommercial.com/

CommercialCarolina.net

Robert B. Settle, CCIM704.575.9600 [email protected]

THE DWELLINGS LUXURY CONDOSLake Lure, North Carolina






Main Level Plan

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Top Level Plan

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Optional Lower Level Plan

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Property Surveys







Apple Valley Apple Valley Golf CourseGolf Course

Lake Lure is All about Location, Location, Location

Lake Lure is located in Rutherford County. This is a mostly rural county of about 64,000 residents that is becoming a popular spot for those looking to retire or invest in a second home. At the base of the Blue Ridge Mountains, these mid-sized mountain peaks are filled with forests, streams, striking vistas, stunning rock formations, and gently winding roads and trails. Chimney Rock State Park is located nearby, which offers hiking, outreach, and unparalleled mountain views up to 75 miles distant. The mountain roads that weave around Lake Lure also attract motorcyclists for cruises and rallies. And Cedar Creek Stables offers trail-ride experiences if you’d rather let a horse trek you around the mountain coves.

Lake Lure has seen increased development in recent years as luxury communities and resorts have been built. Nestled at the southern end of the community is Rumbling Bald Resort, whose residents make up approximately half of the town’s population. The resort’s residents and guests have access to a marina and a recreation center that hosts many outdoor amusements and sports, food and drink, and swimming areas—both in the lake and along artificial shoreside pools.







AREA AMENITIES

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Buffalo Creek Rd

Buffalo Creek Rd

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SITEApple Valley Golf Course

Bald Mountain Golf Course

Wellness Center Spa

Trout Stream Pool Complex

Tennis/Pickleball Courts

Mini-Golf

North Shore Beach Cabana

Beach Pavilion

Lakeview Terrace

Wedding Gazebo

Boat Launch

Buffalo Creek Park Trailhead

Apple Valley Pool

Legends on the Lake Restaurant

The Gardens Restaurant

Pinnacle Southern Kitchen Restaurant

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Apple Valley Golf Course




Columbia, SC

Atlanta, GA

Charleston, SC

Nashville, TN

Richmond, VA

Jacksonville, FL

Louisville, KY

Cincinnati, OH

Washington, DC

Columbus, OH

Mobile, AL

Indianapolis, IN

Orlando, FL

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Documents

24 Lot Entitled Opportunity in Gorgeous Lake Lure