402 Holmstead Drive, Lake Lure, NC

About the home

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.

Price in context

• Asking $1,018 per square foot.
• That is 103% above the $502 median across 20 active $1.5M+ homes in Lake Lure.
• Highest asking price of 20 active $1.5M+ homes in Lake Lure.
• 10th largest by living area of the 18 with a recorded size.
• Reduced $300,000 (8.6%) from the original $3,500,000 asking price.
• 173 days on the market, listed 2026-04-08.
• County tax assessment $1,601,200; the asking price is 2.00× the assessed value.
• HOA dues $1,968 (annually).

Location

Neighborhood: Blue Heron Point, Rutherford County, ZIP 28746.

Features

Style

Traditional

Levels

One

Construction

Hardboard Siding, Wood

Roof

Architectural Shingle

Bathrooms

3 full, 1 half

Basement

Interior Entry, Partially Finished, Storage Space, Walk-Out Access

Fireplace

Yes

Interior

Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Walk-In Closet(s)

Flooring

Carpet, Laminate, Tile

Kitchen & appliances

Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer/Dryer

Heating

Electric, Forced Air, Heat Pump

Cooling

Central Air, Heat Pump

Parking

Driveway

Exterior

Hot Tub, Rooftop Terrace

Waterfront

Beach - Private, Boat House, Boat Lift, Retaining Wall, Dock

View

Long Range, Mountain(s), Water, Year Round

Lot

Beach Front, Private, Views, Waterfront

County

Rutherford

Comparable homes on the market

• 130 Edwards Point, Lake Lure — $1,297,000, 3 bd, 1,920 sq ft, 0.4 mi away
• 138 Hummingbird Cove, Lake Lure — $1,200,000, 3 bd, 1,618 sq ft, 0.5 mi away
• 167 Hawks Nest Trail, Lake Lure — $1,499,000, 4 bd, 3,870 sq ft, 0.5 mi away
• 166 Eagles Crest Way, Lake Lure — $2,500,000, 3 bd, 6,384 sq ft, 0.7 mi away
• 176 Quail Cove Road #1710, Lake Lure — $1,095,000, 4 bd, 1,992 sq ft, 0.8 mi away
• 99999 Hawthorne Drive, Lake Lure — $1,199,000, 1.2 mi away

See it privately

Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.