Property profile

161 Waterside Dr Lake Lure, NC 28746

OFF-MARKET
Hotels
Property ID
US53-0752461
7,258 SF 2.84 ac lot Built 1981
Individually Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Hotels
Use group HOTEL
Year built 1981
Total area 7,258 SF
Lot 2.84 ac (123,710 SF)
Zoning code R1A
APN 1614899
UPID US53-0752461

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

161 Waterside Dr Lake Lure, NC 28746-9277
Lake Lure metro Census 960302 FOREST CITY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$2.9M
7 recorded transactions
2025
$2.9M
2022
Price N/A
2018
Price N/A
2011
$900,000
2011
$1.1M
2011
$1.1M
2008
Price N/A

Zoning & alternative use

R1A · Lake Lure, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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