Sunset Cove Real Estate For Sale

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176 Elkwood Drive Lake Lure NC 28746

Lake Lure, NC176 Elkwood Drive

Price$4,800,000

Est. Mortgage: $/month

MLS Number CAR3861966

  • Residential
  • Bathroom 1
  • Bedrooms 1
  • Full Bath 1
  • Square Feet 576

Lake Lure Legacy offering. Approximately 9+ acres in Sunset Cove which affords breathtaking mountain, lake and sunset views. Offered for the first time in almost 60 years. The studio cottage was the site of the first “Firestarter” movie which debuted in 1984. It is currently operated as a short-term vacation rental. The cottage sits directly on the lake with a boardwalk & dock that extends from the cottage across the lakefront of the parcel. An adjacent large level site is the perfect spot to build a primary residence. In addition, there are several other possible building sites. The property is subject to limited covenants and restrictions and cannot be subdivided into more than 3 parcels. The property lies adjacent to Buffalo Shoals Road. There is a private shared drive that takes you to the cottage, however, should additional construction commence, a separate drive would need to be developed to access the property. Contact Listing Broker for details. See attached Survey

Listed by Thomas McKay of Pinnacle Sothebys International Realty

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Federal 30-year interest rate: 5.81% last updated on Jun 23, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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