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1828 Memorial Highway, 
Lake Lure, NC 28746

$389,000

3

Beds

2

Baths

950

Sq Ft

Single Family

Virtual Tour

Active

Listed by

George Carter

G Carter Consulting LLC.

Last updated:

February 18, 2026, 02:10 PM

MLS#

4342373

Source:

CH

About This Home

1828 Memorial Highway

Rare Commercial General (CG) zoning with this 3 bedroom home PLUS detached guest suite and large stable-style carport workshop. Enjoy tons of flexibility with zoning, layout, outbuildings, and tons of parking. This is a chance to customize this property to suit your needs. The guest suite has a new (Q3 2024) mini-split HVAC unit and the main house a new (July 2025) HVAC condenser. New flooring in 2024. Full paint in 2024. The property was recently leased long-term with exceptional provable rental income. This already thriving area gained massive additional notoriety from international news coverage of hurricane Helene in 2024 and the historic sale of its most iconic resort property and public beach management contracts that same year. The area is ripe for redevelopment and bursting at its seems with commercial business and hospitality potential. The sellers are motivated to move on post-Helene -- bring all reasonable offers. Nestled just 25 miles from Asheville, this iconic, high-traffic destination boasts a 720-acre lake with 27 miles of shoreline, surrounded by 3,000+ ft peaks. With over 300,000 annual visitors and famed filming locations like Dirty Dancing, this market offers exceptional commercial potential for hospitality and tourism. Chimney Rock State Park is also located just minutes away to the East. This awe-inspiring 535-million-year-old monolith offering breathtaking 75-mile panoramic views of Hickory Nut Gorge and Lake Lure. Featuring a 315-foot granite spire, this iconic, accessible natural wonder draws over 400,000 visitors annually, providing unforgettable, scenic, and adventurous experiences.

Home Facts

Single Family

2 Baths

3 Bedrooms

Built in 1990

Price Summary

389,000

$409 per Sq. Ft.

MLS #:

4342373

Last Updated:

February 18, 2026, 02:10 PM

Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

950 Sq. Ft.

Structure

Structure

Building Area:

950 Sq. Ft.

Year Built:

1990

Lot

Lot Size (Sq. Ft):

27,878

Finances & Disclosures

Finances

Price:

$389,000

Price per Sq. Ft:

$409 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.