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Commercial Land for Sale in Lake Lure, North Carolina

3127 Memorial Hwy, Lake Lure, NC 28746

$849,000
1.48 acres
Active sale
ago
Est $6,200/mo

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.

Location

Street address
3127 Memorial Hwy
Zip code
28746
Elevation
992 feet
Coordinates
35.4365, -82.2371

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.

Property details

Acreage
1.48 acres64,469 sq ft
Zoning
CG
MLS #
CMLS 4429374
Posted

Parcels

  • 0632599530

Legal description

Details and features

Listing

Type
Commercial Sale
Zoning
Commercial General
Franchise
Keller Williams Realty

Lot

Features
Cleared, Flood Plain/Bottom Land, Level, Open Lot, River Front

Structure

Sewer
Public Sewer

Listing history

DateEventPriceChangeSource
Sept 29, 2026New listing$849,000—CMLS
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This 1.48-acre property is located at 3127 Memorial Hwy in Lake Lure, NC 28746. The land is available for sale, priced at $849,000 — $573,649 per acre.

Listed by Keller Williams Professionals, (828) 254-7253

Checked 2 hours agoUpdated

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