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$370,000

Beds
3
Baths
3.5
sq ft
2,101

1071 Buffalo Creek Road, Lake Lure, NC 28746

1071 Buffalo Creek Road

Lake Lure, NC 28746

  • 10 days on market
PRICED TO SELL FAST WELL UNDER MARKET VALUE! Have you ever wanted a true log home in the mountains? Ready to start your own vacation rental business? 3 bed 3.5 bath log home in Lake Lure NC for quick sale! House that’s about five minutes from the Rumbling Bald resort on the lake. It is an authentic log home about 2100 sq ft. Also, it sits on an acre of land that’s very private and wooded. The screened in porch has a nice mountain view if you were to trim or cut some trees to open the view more. It’s move-In ready, with the exception of maybe changing carpet out in a couple bedrooms (the only carpet in the house) and adding an optional hot tub to make it vacation rental ready. We are going to sell it for less than what it is probably worth to move it fast. Home is now vacant and ready to close. Rumbling Bald Resort stated that home qualifies to be added into the community. Homes on both sides are part of the community. This will be responsibility of the buyer to obtain after closing.

Details

Property type

Single Family Residence

Lot size

Unknown

Price per sq ft

$177

Year built

2009

Price History

03/09/2025
CanopyMLS

CanopyMLS #4227491

Listed
$370,000
03/02/2025
CanopyMLS

CanopyMLS #4227491

Pending
$370,000
02/27/2025
CanopyMLS

CanopyMLS #4227491

Listed
$370,000
-20.43%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

None

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Rocket Mortgage Llc

Loan start date

May 2022

Original loan amount

$312,000

Est. remaining balance

$296,265

Interest rate

4.16%

Loan type

New Conventional, 30 year

Seller

Judy Morris

Lender

Quicken Loans Llc

Loan start date

August 2020

Original loan amount

$293,250

Est. remaining balance

$264,187

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Judy Morris

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/10/2025 at 11:25 AM

Listing updated: 03/09/2025 at 12:44 PM

Listed by: Jim Hunter, NorthGroup Real Estate LLC Phone #: (704) 412-2804

MLS: CanopyMLS #4227491

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