Lake Lure, NC

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Lake Lure short-term rental market based on reliable data.

Listings

345 / 904

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$26,189

Middle-Earners Revenue

Occupancy

37%

Middle-Earners Occupancy

Home Value

$438,652

Median Home Sale Price

Top Earners

$54,069

Top-Earners Revenue

Lake Lure

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lake Lure.

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B

Generally Investor friendly

Lake Lure Regulations

Lake Lure explicitly allows RVRs in most zoning districts with a defined, moderate permitting process; fees (~$200–$300) and documentation are manageable, and occupancy/parking rules are standard rather than investment‑deterring caps, though certain districts restrict STRs and enforcement is active.

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About Lake Lure

Lake Lure, North Carolina, is a picturesque town located in the western part of the state, known for its stunning natural beauty and outdoor recreational opportunities. The town has a small but vibrant community, with a population of approximately 1,200 residents. Lake Lure is situated around 27 miles southeast of Asheville, a major city known for its cultural attractions and amenities.

One of the main appeals of Lake Lure for short-term rentals lies in its abundant natural attractions and serene environment. The centerpiece of the area is its namesake, Lake Lure, a 720-acre man-made lake surrounded by lush mountains and pristine forests. The lake offers a variety of activities such as boating, fishing, and swimming. Additionally, the Lake Lure Flowering Bridge, a former highway bridge transformed into a beautiful garden, is a unique local attraction. Visitors can explore its lush flower beds and artistic installations by visiting Lake Lure Flowering Bridge.

Another significant landmark is Chimney Rock State Park, located just a few miles away. The park is home to Chimney Rock, a 315-foot granite monolith that provides breathtaking panoramic views of the surrounding landscape. Hikers and nature enthusiasts can enjoy a variety of trails and activities within the park. More information can be found on the Chimney Rock State Park website.

Morse Park is another attractive spot for tourists, offering a well-maintained area for picnics, walking, and enjoying the lakeside scenery. Information on park amenities and recreational opportunities can be accessed on the Town of Lake Lure's official website.

Furthermore, Lake Lure's historical and cultural significance adds to its charm as a short-term rental destination. The area's rich history, showcased in various local museums and historic sites, invites visitors to step back in time and explore North Carolina’s heritage.

Overall, Lake Lure, NC boasts a mixture of natural beauty, recreational activities, and cultural landmarks, making it an attractive location for short-term rentals and a perfect getaway spot near Asheville.

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