$7,900,000
$1M PRICE DROP

400 Kings Dr Lake Lure, NC 28746

Estimated payment $42,762/month

Total Views 9,911
11 Beds
7.5 Baths
8,089 Sq Ft
$977 Price per Sq Ft

Highlights

  • Water Views
  • Golf Course Community
  • Access To Lake
  • Guest House
  • Equestrian Center
  • Greenhouse

About This Home

Showcasing +-134 acres that border NC State Park lands, Bald Mountain Estate offers an extraordinary opportunity to acquire one of NC's most iconic private estates with a legacy rich in history. The property features a wealth of value amongst the existing improvements, which include a Frank Lloyd Wight inspired main house with luxurious finishes, a home with two renovated apartments, a restored log cabin with resort-style pool, multiple working barns, workshop spaces, plus a future guest house. The land features exceptional views, gentle pastures, beautiful forests, a pure mountain stream, springs, abundant wildlife, & trails. Located within the gates of Rumbling Bald Resort, where amenities include golf courses, restaurants, swimming pools, lakefront beach, marina, wellness center, & more. Remarkably, this gated estate with private access is not subject to any HOA restrictions. Ideal uses include a bespoke residence, equestrian farm, retreat/events venue, conservation, or your vision.

Listing Agent

Collin O'Berry

Keller Williams Professionals Brokerage Email: collin.oberry@gmail.com License #274582 Listed on: 06/04/2025

Keller Williams Professionals

Co-Listing Agent

Reese Morgani

Keller Williams Professionals Brokerage Email: collin.oberry@gmail.com License #232402

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,535

Year Built

  • Built in 1943

Lot Details

  • Front Green Space
  • Private Lot
  • Level Lot
  • Additional Parcels
  • Property is zoned R3

Parking

  • 8 Car Detached Garage
  • Workshop in Garage
  • Driveway

Property Views

  • Water
  • Mountain

Home Design

  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Insulated Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • Screened Porch
  • Sauna

Kitchen

  • Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

Unfinished Basement

  • Interior Basement Entry
  • Crawl Space

Pool

  • In Ground Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access To Lake
  • Access to stream, creek or river
  • Waterfall on Lot
  • Fire Pit
  • Greenhouse
  • Gazebo
  • Separate Outdoor Workshop
  • Outdoor Gas Grill

Additional Homes

  • Guest House
  • Separate Entry Quarters

Farming

  • Feed Barn
  • Parlor Dairy Barn
  • Machine Shed
  • Pasture

Horse Facilities and Amenities

  • Equestrian Center
  • Hay Storage
  • Riding Trail

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Power Generator
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1649991

Community Details

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities
  • Community Playground
  • Community Pool
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,535

Year Built

Built in 1943

Lot Details

0

Parking

8

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1943
  • Restrictions: No Restrictions,Other - See Remarks
  • Second Living Quarters: Exterior Not Connected,Guest House,Main Level Garage,Separate Kitchen Facilities,Separate Living Quarters,Separate Utilities,Other - See Remarks
  • Road Surface Type: Asphalt, Paved
  • Unit Levels: Two
  • Ratio CurrentPrice/TotalPropertyHLA: 976.63
  • Geocode Confidence: High
  • Attribution Contact: collin.oberry@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement, Crawl Space, Stone
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Built-in Features, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Sauna
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 2295
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1538
  • Appliances: Dishwasher, Exhaust Hood, Microwave, Oven, Refrigerator, Washer/Dryer
  • Other Equipment: Generator
  • Above Grade Finished Sq Ft: 3833
  • Has Basement: Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 11
  • Door Features: Insulated Door(s)
  • Fireplace Features: Family Room
  • Living Area: 8089
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 13
  • Sq Ft Other: 146

Exterior Features

  • Exterior Features: Fire Pit, Hot Tub, Gas Grill, Sauna, Storage, Other - See Remarks
  • New Construction: No
  • Roof: Other - See Remarks
  • Construction Type: Site Built
  • Pool Features: Fenced, In Ground, Outdoor Pool
  • View: Long Range, Mountain(s), Water, Year Round
  • Water Body Name: Lake Lure
  • Waterfront Features: Beach - Public, Boat Ramp – Community, Boat Slip – Community
  • Construction Type: Stone, Wood
  • Other Structures: Barn(s), Feed Barn, Gazebo, Greenhouse, Hay Storage, Milk Parlor, Tractor Shed, Workshop
  • Patio And Porch Features: Covered, Enclosed, Front Porch, Porch, Screened

Garage/Parking

  • Main Level Garage YN: 1
  • Carport Y N: No
  • Garage Spaces: 8
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage, Garage Shop

Utilities

  • Heating: Electric, Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Utilities: Underground Power Lines, Underground Utilities
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Gated, Golf, Lake Access, Outdoor Pool, Playground, Recreation Area, Street Lights, Tennis Court(s), Walking Trails
  • Hoa Subject To Dues: No
  • Senior Community: No

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Optional

Lot Info

  • Lot Features: Adjoins Forest, Creek Front, Orchard(s), Green Area, Level, On Golf Course, Pasture, Pond(s), Private, Creek/Stream, Views, Waterfall
  • Lot Size Area: 134
  • Lot Size Units: Acres
  • Parcel Number: 1649991
  • Horse Amenities: Barn, Equestrian Facilities, Hay Storage, Horses Allowed, Pasture, Riding Trail
  • Additional Parcels Description: 0644727801, 0644537751, 0644622373, 0644713830
  • Additional Parcels: Yes
  • Zoning Specification: R3

Green Features

  • Green Verification Count: 0

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 $10,535 $1,287,900 $66,500 $1,221,400
2024 $9,282 $1,287,900 $66,500 $1,221,400
2023 $9,359 $1,142,800 $66,500 $1,076,300
2022 $9,359 $829,000 $66,500 $762,500
2021 $9,367 $829,000 $66,500 $762,500
2020 $8,447 $829,000 $66,500 $762,500
2019 $7,934 $829,000 $66,500 $762,500
2018 $4,234 $437,900 $66,500 $371,400
2016 $3,867 $437,900 $66,500 $371,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2025 09/15/25 Price Changed $7,900,000 -11.2% $977 / Sq Ft
06/04/2025 06/04/25 For Sale $8,900,000 -- $1,100 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,150,500 None Available
Source: Public Records

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4264882

Canopy MLS (Canopy Realtor® Association)

APN: 1649991