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$757,442Estimated home value

Beds
3
Baths
3.5
sq ft
2,437

438 Lakewood Drive, Lake Lure, NC 28746

438 Lakewood Drive

Lake Lure, NC 28746

  • Sold On 3/21/2025
Turnkey lakefront retreat ready for immediate enjoyment! The inviting open floor plan is comfortable and stylish. The spacious main level primary suite features two closets and an ensuite bath. The chef’s kitchen is fully equipped with top-tier appliances — ideal for entertaining. Outdoor relaxation is effortless with a massive screened porch on the main level and two decks off the basement, all offering serene lake views. Just steps from the home, your private dock and 167 feet of lake frontage provide direct access to Shumont Lake. Whether you love kayaking, canoeing, fishing, or stand-up paddleboarding, this non-motorized lake offers the perfect setting to soak in the natural beauty. Nestled in a private setting with a fenced yard, this home also provides access to Rumbling Bald’s premier amenities, including a community beach, two golf courses, multiple pools, a fitness center, spa, marina, tennis courts, restaurants, and walking trails — all just a golf cart ride away!

Details

Property type

Single Family Residence

Est. home value

$757,442

Lot size

Unknown

Price per sq ft

$369

Year built

2014

Monthly HOA fee

$404.5

Price History

03/18/2025
CanopyMLS

CanopyMLS #4226699

Sold
$889,000
-1.11%
02/27/2025
CanopyMLS

CanopyMLS #4226699

Pending
$899,000
02/26/2025
CanopyMLS

CanopyMLS #4226699

Listed
$899,000
+41.57%

Schools & Community

Elementary school: 

Unspecified

Middle school: 

Unspecified

High school: 

Unspecified

Community features: 

Clubhouse, Fitness Center, Playground, 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

$359,821
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$467,259
Cash to seller
$359,821

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

July 2021

Original loan amount

$508,000

Est. remaining balance

$467,259

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Barbara Cassaro and Frank Vento

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: Off Market

Tomo last checked: 04/10/2025 at 7:40 AM

Listing updated: 03/21/2025 at 2:38 PM

Listed by: Paul Watler, Allen Tate/Beverly-Hanks, Lake Lure Phone #: (828) 436-5120

MLS: CanopyMLS #4226699

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