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$299,999

Listing Price

2beds

1baths

960sqft

1,262,804sqft lot

721 Old Mill 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?

For Sale

Off Market

Single Family

Home type

312.5

Price / sqft

2020

Year built

Home Details

Situated on 3 private UNRESTRICTED acres, in a prime location between Lake Lure and Rutherfordton, this versatile property features a 2-bedroom, 1-bath home and offers the freedom to create, expand, or invest without restriction. Whether you're envisioning a full-time residence, short-term rental, mini-farm, hunting cabin or future development, the potential here is truly unlimited. Added value and peace of mind come from the newer mini-split systems and a strong-producing well with an estimated output of 5055 gallons per minute. Enjoy the perfect balance of convenience and privacy, with easy access to both Lake Lure and Rutherfordton while still surrounded by peaceful, natural beauty. Opportunities like this, unrestricted land in such a desirable location, are increasingly hard to find. Bring your vision and make it your own!

Interior Details

Square Feet
  • 960

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
  • 1262804

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • No

Patio
  • No

Fence
  • No

Pool
  • No

Porch
  • No

Stoop
  • No

Breezeway
  • No

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • N/A

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Metal

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$610

$91,600

$0

--%

$91,600

2019

$610

$91,600

$0

--%

$91,600

2018

$620

$91,600

$0

--%

$91,600

2017

$610

$91,600

$0

--%

$91,600

2015

$610

$91,600

$0

--%

$91,600

2014

$610

$91,600

$0

--%

$91,600

2013

$610

$91,600

$0

--%

$91,600

2011

$0

$91,600

$0

--%

$91,600

percent-home-icon

Average Home Price in 28746

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$299,999

2 Beds

1 Baths

960 Sqft

1,262,804 Lot (sqft)

Sold 10/05/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
299,999
$
Down payment
59,999.8
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,799.99
$
HOA (Monthly)
0
$
PMI
0
$
$1,942
Your Payment
Total Monthly Payment:$1,942
Percent of Income:33%
Affordable:No

Details for 721 OLD MILL RD

Property Debt

Foreclosure Contact Details