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$399,500

Beds
2
Baths
2.0
sq ft
933

363 Luther Burbank Drive, Lake Lure, NC 28746

363 Luther Burbank Drive

Lake Lure, NC 28746

  • 17 days on market
Escape to your private retreat in Lake Lure, untouched by Hurricane Helene and ready for your next adventure! This low-maintenance home is perfect as a short-term rental, second home, or peaceful getaway, with the option to purchase it fully furnished for a turnkey experience. Thoughtfully designed with privacy in mind, each bedroom and bathroom is on its own level, and the living spaces include a bright, window-lined dining area, screened porch, back deck, and serene flagstone patio. Located near the public beach, marina, boardwalk, Chimney Rock, Rumbling Bald’s bouldering trails, zip lines, golf courses, and hiking, it offers endless opportunities to explore. Close by, enjoy fishing, boating, or discovering Asheville and the Blue Ridge Parkway. With restaurants nearby and Ingles supermarket just 4 miles away, this property combines convenience, natural beauty, and comfort, making it the perfect Western North Carolina retreat!

Details

Property type

Single Family Residence

Est. home value

$412,780

Lot size

Unknown

Price per sq ft

$429

Year built

2017

Price History

02/07/2025
CanopyMLS

CanopyMLS #4220692

Listed
$399,500
+10.97%
10/04/2022
CanopyMLS

CanopyMLS #3871502

Sold
$360,000
+97.26%
03/11/2020
CanopyMLS

CanopyMLS #3582536

Sold
$182,500

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

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

$49,346
Asking price
$399,500
Closing costs (~8% of asking)
-$31,960
Est. remaining loan balance
-$318,194
Cash to seller
$49,346

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

October 2022

Original loan amount

$329,670

Est. remaining balance

$318,194

Interest rate

5.13%

Loan type

New Conventional, 30 year

Seller

Ross Matheny and Janelle Matheny

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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1808 Memorial Highway, Lake Lure, NC 28746

Status: Active

Tomo last checked: 02/23/2025 at 10:10 PM

Listing updated: 02/18/2025 at 1:14 PM

Listed by: Caleb Pohlman, WEICHERT, Realtors - Unlimited Phone #: (828) 687-1083

MLS: CanopyMLS #4220692

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