$507,000
UNDER CONTRACT $152K PRICE DROP

388 Island Creek Rd Unit 390 Lake Lure, NC 28746

Estimated payment $3,195/month

Total Views 58,860
3 Beds
3.5 Baths
4,229 Sq Ft
$120 Price per Sq Ft

Highlights

  • Fireplace
  • Separate Entry Quarters
  • Detached Carport Space
  • Laundry Room
  • 1-Story Property
  • Central Air

About This Home

Private mini estate with great bones located just outside the town limits of Lake Lure. The main site-built has over 4200 sq. feet. On the grounds are also a small creek, a manufactured home that has been added onto and offers living, dining, kitchen, bedroom and bath of appx 1068 sf. A two-bay garage with workshop and storage, and a covered carport with attached storage room. The main home has a large great room with fireplace, kitchen, and dining as well as a butler’s kitchen. There are two bedrooms on the main level, two full baths and a powder room. A wrap around enclosed screen porch, encircles the entire living/dining/kitchen area. The lower level has a separate living space with kitchen and another bedroom and bath. Lots of storage and a covered porch surrounds the lower level.
Property is being sold “as is." Priced well below tax value of $586,000. The interior needs cosmetic work, but this is an amazing opportunity to create a private estate with income potential.

Listing Agent

Thomas McKay

Pinnacle Sothebys International Realty Brokerage Email: tom@pinnaclesir.com Listed on: 12/20/2023

Pinnacle Sothebys International Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1990

Home Design

  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Fireplace
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range

Bedrooms and Bathrooms

Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Interior and Exterior Basement Entry
  • Basement Storage
  • Natural lighting in basement

Parking

  • Detached Carport Space
  • Driveway

Additional Homes

  • Separate Entry Quarters

Utilities

  • Central Air
  • Heat Pump System
  • Baseboard Heating
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 231397

Home Details

Home Type

Single Family

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1990
  • Second Living Quarters: Exterior Not Connected,Separate Entrance,Separate Kitchen Facilities,Separate Living Quarters,Other - See Remarks
  • Road Surface Type: Asphalt, Gravel, Paved
  • Unit Levels: One
  • Ratio CurrentPrice/TotalPropertyHLA: 95.71
  • Geocode Confidence: High
  • Attribution Contact: tom@pinnaclesir.com
  • Special Features: UnderContract

Interior Features

  • Foundation Details: Basement
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2279
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 311
  • Sq Ft Unheated Total: 311
  • Sq Ft Upper: 0
  • Appliances: Electric Oven, Electric Range
  • Above Grade Finished Sq Ft: 2279
  • Has Basement: Daylight, Exterior Entry, Interior Entry, Storage Space, Walk-Out Access, Walk-Up Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1950
  • Living Area: 4229
  • Bedroom Main: 2
  • Room Count: 2
  • Bedroom Basement: 1

Exterior Features

  • New Construction: No
  • Construction Type: Manufactured,Site Built
  • Construction Type: Wood

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Open Parking: No
  • Parking Features: Detached Carport, Driveway, Parking Space(s)

Utilities

  • Heating: Baseboard, Ductless, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: In Basement
  • Cooling: Central Air, Heat Pump
  • 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: 6.9
  • Lot Size Units: Acres
  • Parcel Number: 231397
  • Zoning Specification: None

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $507,000 0.0% $120 / Sq Ft
09/01/2025 09/01/25 Off Market $507,000 -- --
05/01/2025 05/01/25 Price Changed $507,000 -2.4% $120 / Sq Ft
02/27/2025 02/27/25 Price Changed $519,500 +4.9% $123 / Sq Ft
08/27/2024 08/27/24 Price Changed $495,000 -2.8% $117 / Sq Ft
08/09/2024 08/09/24 Price Changed $509,000 -9.9% $120 / Sq Ft
07/17/2024 07/17/24 Price Changed $565,000 -6.6% $134 / Sq Ft
03/26/2024 03/26/24 Price Changed $605,000 -8.2% $143 / Sq Ft
02/02/2024 02/02/24 For Sale $659,000 0.0% $156 / Sq Ft
02/01/2024 02/01/24 Off Market $659,000 -- --
12/20/2023 12/20/23 For Sale $659,000 -- $156 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4062749

Canopy MLS (Canopy Realtor® Association)

APN: 0231397