$750,000
$50K PRICE DROP

552 Lake Rd Old Fort, NC 28762

Estimated payment $4,605/month

Total Views 8,963
4 Beds
3 Baths
2,452 Sq Ft
$306 Price per Sq Ft

Highlights

  • Access To Lake
  • Mountain View
  • Covered Patio or Porch
  • Waterfront
  • Private Lot
  • Walk-In Closet

About This Home

Fully furnished lakefront mountain retreat in the sought-after Gateway Mountain community! Nestled on 1.9 acres, this gated community spans over 3,000 acres and allows short-term rentals, making it an excellent opportunity for a vacation home or income-producing rental. Overlooking serene Lake George, the property features a private dock, tool shed, and a stunning firepit area with a gravel path and steps to the water. Extensive 2022 upgrades include quartz countertops, stainless steel appliances, updated bathroom fixtures, and stylish light fixtures and ceiling fans throughout. The fully stocked kitchen and furnished interiors make this home truly turnkey. Enjoy the peaceful mountain setting while being minutes from adventure. Don’t miss this rare opportunity—schedule your showing today!

Listing Agent

Stacey Sauls

Keller Williams Ballantyne Area Brokerage Email: stacey@thestaceysaulsgroup.com License #270178 Listed on: 11/26/2024

Keller Williams Ballantyne Area

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,570

Year Built

  • Built in 2007

Lot Details

  • Waterfront
  • Private Lot
  • Lot Has A Rolling Slope

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Stone Siding
  • Log Siding

Interior Spaces

  • 1.5-Story Property
  • Wood Burning Fireplace
  • Mountain Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Fire Pit
  • Shed

Schools

  • Old Fort Elementary School
  • West Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0656-00-96-6397

Community Details

Overview

  • Gateway HOA
  • Gateway Mountain Subdivision
  • Mandatory home owners association

Recreation

  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,570

Year Built

Built in 2007

Lot Details

0

HOA Fees

$117 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 2007
  • Special Assessment Yn: 1
  • Special Assessment Description: see attached property disclosure.
  • Road Surface Type: Gravel
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 305.87
  • Geocode Confidence: High
  • Attribution Contact: stacey@thestaceysaulsgroup.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Interior Amenities: Walk-In Closet(s)
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 896
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 660
  • Appliances: Dishwasher, Electric Oven, Electric Water Heater, Refrigerator
  • Above Grade Finished Sq Ft: 1556
  • Has Basement: Exterior Entry, Finished, Interior Entry, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 896
  • Fireplace Features: Wood Burning
  • Living Area: 2452
  • Bedroom Main: 1
  • Room Count: 16
  • Bedroom Basement: 2

Exterior Features

  • Exterior Features: Fire Pit
  • New Construction: No
  • Construction Type: Site Built
  • View: Long Range, Mountain(s), Year Round
  • Water Body Name: Lake George
  • Waterfront Features: Boat Slip – Community, Dock, Paddlesport Launch Site
  • Construction Type: Log, Stone
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Side Porch

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, Main Level
  • Cooling: Heat Pump
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Gated, Lake Access
  • Association Fee: 1407
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Gateway HOA

Association/Amenities

  • Association Annual Expense: 1407.00

Schools

  • Middle Or Junior School: West McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Private, Rolling Slope, Waterfront
  • Lot Size Area: 1.9
  • Lot Size Units: Acres
  • Parcel Number: 0656-00-96-6397
  • Zoning Specification: Res

MLS Schools

  • Elementary School: Old Fort
  • High School: McDowell

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
2024 $4,570 $674,070 $50,000 $624,070
2023 $4,570 $674,070 $50,000 $624,070
2022 $3,261 $473,980 $50,000 $423,980
2021 $3,261 $473,980 $50,000 $423,980
2020 $3,308 $473,980 $0 $0
2019 $3,308 $348,000 $0 $0
2017 $2,229 $348,000 $0 $0
2016 $2,229 $348,000 $50,000 $298,000
2014 $2,122 $348,000 $50,000 $298,000
2013 -- $348,000 $50,000 $298,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $750,000 0.0% $306 / Sq Ft
05/26/2025 05/26/25 Off Market $750,000 -- --
04/29/2025 04/29/25 Price Changed $750,000 -3.2% $306 / Sq Ft
01/22/2025 01/22/25 Price Changed $775,000 -3.1% $316 / Sq Ft
11/26/2024 11/26/24 For Sale $800,000 +10.3% $326 / Sq Ft
08/10/2022 08/10/22 Sold $725,000 0.0% $296 / Sq Ft
07/05/2022 07/05/22 For Sale $725,000 -- $296 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $725,000 None Listed On Document
Warranty Deed $635,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $580,000 New Conventional
Previous Owner $508,000 New Conventional
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4203341

Canopy MLS (Canopy Realtor® Association)

APN: 0656-00-96-6397