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722 Buffalo Creek Rd

Lake Lure, NC 28746

$140,000

Land For Sale  •  14.59 ac

Property Details

  • Property Type Land
  • Lot Size 14.59 ac
  • Zoning Open Use
0 Transit Score
3 Walk Score

Description

SVN / BlackStream, LLC is pleased to present the opportunity to purchase this condominium development located in The Dwellings of Lake Lure in Lake Lure NC. 

The Dwellings of Lake Lure offers a unique opportunity to acquire +/- 6.56 acres of aesthetically stunning land suitable for luxury condominium development. The property includes four finished rental condominiums situated on 2.5 acres providing approximately $5,700 per month of income. Directly adjacent, foundations for an additional five condo units have been poured. The remaining 4.06 acres are undeveloped raw land but have been rough graded with septic and wells in place. All permits entitlements and approvals are in place.

Located in western North Carolina, the town of Lake Lure sits in the heart of Hickory Nut Gorge, approximately 35 miles east of Asheville. The Rocky Broad River winds its way through a series of rapids down through Hickory Nut Gorge, and the crystal clear water flows through the valley that feeds Lake Lure. Lake Lure is a well-known destination for thousands of visitors each year from around this country, Canada, and abroad.

Rugged ridge lines and gently rolling foothills bordering verdant valleys and meadows combine to make The Dwellings a unique treasure. The natural beauty is why so many people choose to live, work, and play in Western North Carolina.

 Lake Lure is located just 20 minutes from the Tryon International Equestrian Center. The Equestrian Center is the world’s premier Equestrian Lifestyle Destination showcasing some of the top riders in the Hunter/Jumper, Dressage, and Eventing disciplines.

The Dwellings are conveniently located 45 minutes from Asheville, 60 minutes from Greenville, SC, two-hours from Charlotte, and 3.5 hours from Atlanta making this a perfect weekend getaway location. Offering golf, water sports, hiking, camping, and a tranquil setting, this is what mountain living is all about.

*The information contained herein was obtained from sources deemed to be reliable.  However, SVN / BlackStream, LLC makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.

Highlights

Common Area with Pavilion and picnic tables and nature walking trails
Potential to develop an additional twenty units (28 total)
20 minutes from Tryon International Equestrian Center
Four completed condo units provide income
Approvals and permits are in place
Boardwalk Gated Community, two ponds

Property Flyers

Public Transportation

AirportDriveWalkDistance
Asheville Regional Airport 54 min - 35.0 mi
Kevin Jennings 828-774-5535 SVN | BlackStream Commercial, LLC
Kevin Jennings 828-774-5535 SVN | BlackStream Commercial, LLC