517 Luther Burbank Drive

Lake Lure NC 28746

1107 sq. ft.

1.39 ac.

Single-Family

Last sold for $465,000

Michael Szabo, last sold this property on 17 June 2026 after 28 days on market.

Overview

Welcome to 517 Luther Burbank Dr in beautiful Lake Lure — a proven successful vacation rental being sold fully furnished and completely turnkey, and was built and designed with the intention of hosting guests. Whether you’re looking for an income-producing investment property, a mountain getaway, or both, this charming home is ready to start generating revenue from day one. This bright and airy, well-maintained 2-bedroom, 2 full bathroom home offers the perfect blend of comfort, privacy, and outdoor living. Stunning mountain views can be appreciated from multiple rooms in the home. Guests and owners alike will love the spacious wraparound deck on the main level, ideal for relaxing, entertaining, or enjoying the peaceful and private setting. Upstairs, the primary loft style bedroom features its own east facing private deck, creating the perfect spot for a beautiful sunrise or unwinding in the evening and watching the sun set over Party Rock mountain. There is a full, unfinished basement that is ready to be finished easily with pre plumbed pipes installed, multiple windows, tall ceilings, and sliding door access to the yard. Outside, the property features a large yard with plenty of space to enjoy the outdoors, along with a hot tub and fire pit that make this home especially appealing as a vacation destination year-round. Conveniently located near all that Lake Lure and Chimney Rock have to offer, this property is a rare opportunity to own a successful short-term rental in one of Western North Carolina’s most sought-after mountain destinations. All roads leading to the home are maintained by the DOT and Town of Lake Lure. Currently using Starlink for high speed internet and have fantastic connectivity. 5 minutes to Morse Park, Lake Lure public beach, La Strada, Grey Hawk, and other great restaurants. 8 minutes to Chimney Rock Village and Chimney Rock State Park

Features

2 bedrooms

2 bathrooms

1107 sq. ft. floor area

1.39 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Lake Lure over the last 12 months, the estimated median property value of 517 Luther Burbank Drive is $450k.

Median value

$450k

Estimated value range

$27k - $1.75m

Median days on market

110

Estimated value trend

10%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lake Lure. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 517 Luther Burbank Drive

2026

Sold

$465,000

17 Jun 2026 by Michael Szabo

Happy sellers in Lake Lure

We have insufficient information to provide an overview of customer satisfaction for Lake Lure. Viewing the agent profiles, reviews and sales for Lake Lure can provide insights for this location.