3127 Memorial Highway
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$849,000
Community: Lake Lure in Rutherford County
Truly one of a kind. Frontage like this, in a corridor like this, and at a moment like this… doesn’t show up often. This ~1.48 acre site boasts ~516 feet of frontage on the Rocky Broad River and Lake Lure! Just as the river enters the lake onsite, this property also represents the gateway between Chimney Rock Village and Lake Lure, which is a bulls eye for the region’s return. Just upstream of the former Flowering Bridge site, the land opens straight to the Rocky Broad River and Lake Lure proper with multiple road access points. It is a natural home for a river or lake recreation hub, food and beverage, lodging, or the hospitality concept the current owners advanced (development plans available upon request). A building pad sits above the 100 year floodplain, and an existing structure remains on-site, offered as-is with no value attributed… ready to reimagine. A kayak / SUP fleet is also on-site and negotiable. As this community is restored and reopens, public grants and comprehensive plans are in motion, and demand for river and lake recreation is only building. Reference the attached Raise the Rock plan for more info, with this property in the thick of it. CG (Commercial General) zoning allows for a variety of uses. The opportunity here is land, water and community stewardship, the rebuilding of Chimney Rock and Lake Lure, and the entrepreneurial value of planting your flag early. Call the listing agents.
Presented by:
Chris Gragtmans at Keller Williams Professionals
Listed by:
Keller Williams Professionals
Attribution: [email protected]
Chris Gragtmans at Keller Williams Professionals
Listed by:
Keller Williams Professionals
Attribution: [email protected]
Original Listing Price:
849,000
MLS #: 4428552
Listing Status: Active
Days on Market: 34
Buying Firm Commission: Test
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Directions: From downtown Asheville, take I-240 E to I-40 W and exit 51 onto US-25A S (Sweeten Creek Rd). Go 4.2 mi and turn left onto Mills Gap Rd. After 4.9 mi, turn left onto Burney Mountain Rd, then left onto Hoopers Creek Rd. Turn right onto Terrys Gap Rd, which becomes S Mills Gap Rd. Turn left onto US-64 E (Chimney Rock Rd) and go 6.2 mi. At Bat Cave, turn right onto US-64 E/US-74A E and continue about 3.2 mi. Property is on the right. Approx. 33 mi / 1 hr from Asheville. From downtown Hendersonville, take 6th Ave W east, which becomes US-64 E (Four Seasons Blvd). Follow US-64 E for about 14 mi. At Bat Cave, turn right onto US-64 E/US-74A E and continue about 3.2 mi. Property is on the right. Approx. 18 mi / 37 min from Hendersonville.
Disclaimer: The map service includes search results such as listings and related information provided by third parties. Walnut Cove Realty makes no representations or warranties regarding the accuracy or completeness of the information provided by these third parties.
Property Features
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Year Built: 1949
Water: City,Tap Fee Required
Sewer: Public Sewer,Tap Fee Required
Lot Description: Cleared,Flood Plain/Bottom Land,Level,Open Lot,River Front
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