402 Holmstead Drive

Lake Lure, NC
$ 3,500,000 Beds 4 Baths 3.5 Sq 3,144 Virtual Tour
Monthly Estimate* How much can I afford?

Builder’s custom lakefront double lot retreat, showcasing mountain elegance in a private setting. Located on a deep water main channel in the Gated Community of Blue Heron Point on Lake Lure. Privacy abounds on this rare double lot with over 200 feet of shoreline. This property features a private beach, and an exceptional new boathouse with party deck above. Inside, the home is rich with warm wood finishes and thoughtful details, including post-and-timber exposed beams, tongue-and-groove cathedral ceilings, granite countertops, stainless steel appliances, and a striking stone fireplace. The split-bedroom floor plan enhances privacy, while double covered lakeside decks provide stunning views from multiple vantage points. The main level of the home offers an open-concept design connecting the living, dining, and kitchen areas—perfect for gathering and entertaining. The spacious primary suite, complete with a large private bath and walk-in closet, is thoughtfully positioned for privacy, while two guest bedrooms with a Jack-and-Jill bath are located on the opposite side of the home. The lower level expands your living space with a generous family room, full bath, bunk room, and game room, all opening to the lakeside mountain views and deck. Two additional unfinished rooms currently used for game room and storage provide excellent potential for expansion—ideal for a home office or additional bedrooms. Step outside to enjoy true lakefront living. The lower deck leads directly to the hot tub area then down to the boathouse and waterfront, where you can swim, fish, or relax on your private beach. The boathouse is among the finest on Lake Lure, featuring double slips with barn-door access, covered outdoor living space, side docks for paddleboards, and a screened upper-level porch perfect for lounging or entertaining. This very private property offers the perfect blend of luxury, comfort, and natural beauty—an ideal full-time residence or mountain lake retreat on the main channel of Lake Lure.

Single Family

  • Price
  • $ 3,500,000
  • City
  • Lake Lure
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • RUTHERFORD
  • Half Bathrooms
  • 1
  • Area
  • Rutherford County
  • Lot Size
  • 1.14 Acres
  • Zip
  • 28746
  • Sqr Footage
  • 3,144
  • Year Built
  • 2014
  • Style
  • Traditional
  • MLS#
  • 4367214
Listed By: Keller Williams Professionals; morganilife@gmail.com
Data Source: Canopy MLS

Features

General

Living Area 3144
Sewer Public Sewer
Heating Electric,Forced Air,Heat Pump
Cooling Central Air,Heat Pump
Utilities Electricity Connected,Underground Power Lines,Underground Utilities
Roof Architectural Shingle
Appliances Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator,Washer/Dryer
HOA Fee 1968
Patio/Porch Features Covered,Deck,Porch
Architectural Style Traditional
Construction Materials Hardboard Siding,Wood
Year Built 2014
View Long Range,Mountain(s),Water,Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 1640775
Waterfront Features Beach - Private,Boat House,Boat Lift,Retaining Wall,Dock
Additional Parcels Description 1640774
Assoc Fee Paid Per Annually
County Rutherford
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Blue Heron Point
Garage Y/N No
Other Structures Gazebo,Outbuilding,Other - See Remarks
Full Baths 3
Directions From Lake Lure Beach area travel west on Hwy 64 towards Chimney Rock. Go 0.7 miles. Turn Right on Boys Camp Road,go 2.1 mile,turn Left on Carsons Way,go 0.7 mile,turn Right on Holmstead Drive,travel
High School Unspecified
City Lake Lure
Body of Water Lake Lure
Association Name Tony Steffel
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N Yes
Standard Status Active
CAR_HOASubjectTo Required
Construction Type Site Built
Tax Assessed Value 1601200
Listing Terms Cash,Conventional

Interior Features

Interior Amenities Kitchen Island,Open Floorplan,Pantry,Split Bedroom,Walk-In Closet(s)
Basement Interior Entry,Partially Finished,Storage Space,Walk-Out Access
Flooring Carpet,Laminate,Tile
Fireplace Features Living Room
Basement (Y/N) Yes
Window Features Insulated Window(s)
Fireplace Y/N Yes
Above Grade Finished Area 2033
Half Baths 1
Laundry Features Laundry Room,Main Level
Total Bedrooms 4
Below Grade Finished Area 1111
Total Baths 4
SqFt Main 2033
Bedroom 3

Exterior Features

Exterior Amenities Hot Tub,Rooftop Terrace
Parking Features Driveway
Lot Features Beach Front,Private,Views,Waterfront
Water Source City
Lot Size Area 1.14
Foundation Details Basement
Road Surface Type Concrete,Paved
Door Features French Doors,Insulated Door(s)
Road Responsibility Private Maintained Road
Main Level Garage YN No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unspecified Elementary School
Middle School Unspecified Middle School
High School Unspecified High School

Price History

4/8/2026 Listed $3,500,000

Property vs Zip Code Average in 28746

Price
AVG $760K
$3.5M
Year Built
AVG 1994
2014
Visits
AVG 299
263
Data Provided by Inside Real Estate®

402 Holmstead Drive Lake Lure, NC is a Single Family Home for sale at $3500000 with 3144 sqft and a lot size of 1.14 Acres Acre(s). 402 Holmstead Drive Lake Lure has 4 bedrooms, 3 baths and was built in 2014. The property's zip code is 28746 which is in Lake Lure, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.