Homes for Sale in Lake Lure, NC by Price
Lake Lure: A Beautiful Community That Lives Up to Its Name
Visitors and residents can't get enough of Lake Lure's sparkling waters and scenic views. Apparently, neither can Hollywood — Lake Lure’s breathtaking panoramas have made it a popular backdrop for movies, including Dirty Dancing, The Last of the Mohicans, Firestarter, Thunder Road and My Fellow Americans.
This lakeside residential area is a spectacular place to call home, and has been luring people to its quiet setting not only for its beautiful lake, but because of the small-town way of life. Let's explore just a sample of what this area has to offer.
Lake Lure Area Overview
The charming town of Lake Lure in western North Carolina comprises more than 13 square miles including its namesake lake, which is fed by inlets from the Rocky Broad River.
Its highest elevation is 1000 feet and, because it is surrounded on three sides by Rumbling Bald Mountain (3020 ft), Shumont Mountain (3839 ft), Bearwallow Mountain (4232 ft), Chimney Rock Mountain (3000 ft), and Sugar Loaf Mountain (4000 ft), it is sheltered enough to typically boast a temperate climate, making it a beautiful place to visit and live.
The gorgeous, clear-blue lake surrounded by densely-forested granite mountains offers stunning views in every direction.
From 1925-1927, Dr. Lucius B. Morse and his family oversaw construction of a dam at the east end of Lake Lure, which would allow them to build a beautiful lakefront community. Sadly, the stock market crash of 1929 ushered in the Great Depression, putting a stop to the building project, but the dam made it possible for people to build homes and places of interest.
Once the economy recovered, Lake Lure held true to its named and lured people to the area, including a number of famous tourists — including President Calvin Coolidge, President Franklin D. Roosevelt, Emily Post and F. Scott Fitzgerald.
The town of Lake Lure has engaged in an ongoing campaign to make the town more independent by opening Ingle’s (a full-service grocery store), the Lake Lure Medical Center, and The Lake Lure Classical Academy, a K-12 charter school whose permanent buildings will be built in the fall of 2015, enhancing the town’s already-magnificent appeal.
Population of full-time residents: 1250
Median age: 62.4
Gender: 49.2% Male 50.8% Female
Median Household Income: $49,124
Average Household Income: $66,717
Median Home Value: $289,796
Average Home Value: $399,561
Owner Occupied Housing Units: 22.2%, 509 homes
Renter Occupied Housing Units: 5.5%, 126 homes
Vacant Housing units: 72.3%, 1659 homes (include vacation rentals and second homes)
Information provided by Hometownlocator.com – June 1, 2015