$525,000
$50K PRICE DROP

157 Silver Tree Ln Lake Lure, NC 28746

Estimated payment $3,031/month

Total Views 21,249
3 Beds
3.5 Baths
1,983 Sq Ft
$265 Price per Sq Ft

About This Home

If you're looking for views and serenity look no further. This cozy home with brand new flooring and brand-new HVAC is nestled high in the mountains and features straight on year-round views of Chimney Rock. The lovely deck off the main room featuring Trex decking allows you to enjoy the mountain majesty. Take a soak in your hot tub located just outside the walk out basement. Space abounds in this home, the basement game / TV room provides hours of fun and has a sleeping area with a full bathroom. The private primary located on the upper level has an ensuite ensuring privacy and the main level bedroom allows for easy access to the home. Whatever you're looking for this home has it.

Listing Agent

Marla Machado

LPT Realty, LLC Brokerage Email: marlasellsWNC@gmail.com License #310915 Listed on: 03/28/2025

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,090

Year Built

  • Built in 2006

Parking

  • Driveway

Home Design

  • A-Frame Home
  • Hardboard

Interior Spaces

  • 1.5-Story Property
  • Walk-Out Basement

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1637280

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,090

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: A-Frame
  • Year Built: 2006
  • Road Surface Type: Gravel, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 264.75
  • Geocode Confidence: High
  • Attribution Contact: marlasellsWNC@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: No
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 827
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 339
  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Refrigerator, Washer/Dryer
  • Above Grade Finished Sq Ft: 1166
  • Has Basement: Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 817
  • Living Area: 1983
  • Bedroom Main: 1
  • Room Count: 1
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Construction Type: Hardboard Siding

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Driveway

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room
  • Cooling: Central Air
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Size Area: 1.02
  • Lot Size Units: Acres
  • Parcel Number: 1637280
  • Plat Reference Section Pages: 3253
  • Additional Parcels: No
  • Zoning Specification: None

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,090 $375,500 $49,300 $326,200
2024 $3,043 $375,500 $49,300 $326,200
2023 $2,245 $296,600 $36,700 $259,900
2022 $2,245 $198,500 $36,700 $161,800
2021 $2,079 $183,600 $36,700 $146,900
2020 $1,875 $183,600 $36,700 $146,900
2019 $1,757 $183,600 $36,700 $146,900
2018 $1,731 $179,000 $45,500 $133,500
2016 $1,581 $179,000 $45,500 $133,500
2013 -- $179,000 $45,500 $133,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2025 08/14/25 Price Changed $525,000 -2.8% $265 / Sq Ft
07/21/2025 07/21/25 Price Changed $540,000 -1.8% $272 / Sq Ft
06/02/2025 06/02/25 Price Changed $550,000 -4.3% $277 / Sq Ft
03/28/2025 03/28/25 For Sale $575,000 +21.1% $290 / Sq Ft
03/10/2021 03/10/21 Sold $474,850 -0.9% $223 / Sq Ft
02/03/2021 02/03/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $479,000 +95.5% $225 / Sq Ft
03/28/2014 03/28/14 Sold $245,000 -2.0% $108 / Sq Ft
02/09/2014 02/09/14 Pending -- -- --
11/07/2013 11/07/13 For Sale $250,000 -- $110 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $475,000 None Available
Warranty Deed $475,000 --
Warranty Deed $245,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $379,050 New Conventional
Closed $379,050 New Conventional
Previous Owner $215,000 New Conventional
Previous Owner $357,000 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $200,000 Credit Line Revolving
Previous Owner $213,600 New Conventional
Source: Public Records

About the Listing Agent

Marla Machado

LPT Realty, LLC

(828) 547-4850

Section Image

Her name is Marla Machado of LPT Realty. She loves helping buyers all over Western North Carolina realize their homeownership dreams.

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4239946

Canopy MLS (Canopy Realtor® Association)

APN: 1637280