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$195,000

Listing Price$125,000Est. Opening Bid

2beds

1baths

1,104sqft

11,761sqft lot

232 Island Creek Rd, Lake Lure, NC 28746

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

Auction

For Sale

Single Family

Home type

176.63

Price / sqft

1991

Year built

Home Details

Investor Opportunity in Lake Lure! Discover the potential at 232 Island Creek Road, a property offering a great opportunity for investors, second-home buyers, or anyone looking to own in the beautiful Lake Lure area. The interior of the home is in good condition and provides a comfortable, functional layout with approximately 1,104 square feet, 2 bedrooms, and 1.5 bathrooms. With the interior already in livable condition, the next owner can focus on improving the property's exterior and adding value through landscaping and curb appeal. The exterior is currently overgrown and would benefit from trimming, clearing, and general cleanup, creating an opportunity to make a noticeable improvement without taking on a major interior renovation. With some work to the landscaping and exterior presentation, this property could have significantly more appeal. The surrounding Lake Lure area is known for its natural beauty, mountain scenery, outdoor recreation, and access to local attractions, making this location appealing for a variety of buyers and potential rental strategies. Whether you're looking for an investment property, a potential long-term rental, a vacation getaway, or a project with room to add value, 232 Island Creek Road is worth taking a closer look at. Bring your vision and explore the possibilities this property has to offer. Schedule your showing today and see the potential for yourself!

Interior Details

Square Feet
  • 1104

Bedrooms
  • 2

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Heat Pump

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Fan Cooling

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    N/A

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Wood (unspecified)

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 11761

Water
  • Yes

Sewer
  • Yes

Parking
  • Type:

    No Garage

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    0

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • Ranch

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$732

$12,000

$75,400

--%

$87,400

2019

$724

$12,000

$75,400

--%

$87,400

2018

$737

$12,000

$76,000

--%

$88,000

2017

$717

$12,000

$76,000

--%

$88,000

2015

$706

$12,000

$76,000

--%

$88,000

2014

$706

$12,000

$76,000

--%

$88,000

2013

$706

$12,000

$76,000

--%

$88,000

2011

$0

$12,000

$77,500

--%

$89,500

percent-home-icon

Average Home Price in 28746

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$195,000

2 Beds

1 Baths

1,104 Sqft

11,761 Lot (sqft)

Sold 08/06/2026

$411,578

2 Beds

2 Baths

1,152 Sqft

253,519 Lot (sqft)

Sold 10/26/2026

$524,900

2 Beds

2 Baths

1,197 Sqft

50,965 Lot (sqft)

Sold 10/27/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
195,000
$
Down payment
39,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,170
$
HOA (Monthly)
0
$
PMI
0
$
$1,262
Your Payment
Total Monthly Payment:$1,262
Percent of Income:22%
Affordable:Yes

Auction Details for 232 ISLAND CREEK RD

Property Debt

Foreclosure Contact Details