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$840,000

Beds
4
Baths
2.5
sq ft
2,616

114 Lost Trail, Lake Lure, NC 28746

114 Lost Trail

Lake Lure, NC 28746

  • 75 days on market
    • Price drop $48,000↓
Welcome to this meticulously cared for home, nestled in the gated community of Vista at Bill's Mountain in Lake Lure, NC. With an inviting and functional interior and plenty of outdoor entertaining spaces, this home offers a perfect blend of comfort and natural beauty. Imagine waking up to breathtaking views of birds, trees, and mountains, enjoying your morning coffee on the deck with the gentle sounds of nature, and spending your days exploring the scenic trails or relaxing by the open fire. The neighborhood provides a safe and peaceful environment with plenty of amenities including a clubhouse with fitness facilities, his and hers saunas, outdoor pool, and tennis courts. Vista at Bill's Mountain is an ideal location for creating lasting memories with friends and family. The Sutherland home is a well- thought out, custom home design by well- known Hendersonville Architect W. Shamburger. The home once had a fire on the deck, but all damage was completely repaired.

Details

Property type

Single Family Residence

Est. home value

$767,551

Lot size

Unknown

Price per sq ft

$322

Year built

2007

Monthly HOA fee

$200

Price History

01/08/2025
CanopyMLS

CanopyMLS #4201454

Price change
$840,000
-5.41%
11/18/2024
CanopyMLS

CanopyMLS #4201454

Listed
$888,000
+90.97%
10/16/2020
CanopyMLS

CanopyMLS #3614848

Sold
$465,000
+27.4%

Schools & Community

Elementary school: 

Lake Lure Classical Academy

Middle school: 

Lake Lure Classical Academy

High school: 

Lake Lure Classical Academy

Community features: 

Clubhouse, Fitness Center, Gated, Street Lights, Tennis Court(s)

Negotiation Insights

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

Seller could get up to

$336,576
Asking price
$840,000
Closing costs (~8% of asking)
-$67,200
Est. remaining loan balance
-$436,224
Cash to seller
$336,576

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Mortgage Research Center Llc

Loan start date

October 2020

Original loan amount

$481,740

Est. remaining balance

$436,224

Interest rate

2.91%

Loan type

VA, 30 year

Seller

Jeffrey Mereching and Josephine E Mereching

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?

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Status: Active

Tomo last checked: 02/02/2025 at 4:50 AM

Listing updated: 01/22/2025 at 12:20 AM

Listed by: Linda Nunez, Vista Homes and Land Realty Phone #: (866) 519-2400

MLS: CanopyMLS #4201454

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