1971 Swiss Pine Lake Drive, Spruce Pine, NC

About the home

SIGNIFICANT PRICE IMPROVEMENT-DON'T MISS THIS OPPORTUNITY! Steeped in local history, the Swiss Pine Lake community was established in 1959 when the Geruso family purchased approximately 500 acres. They then developed the lake, water system, and surrounding infrastructure that continue to serve this sought-after mountain community today. Originally constructed as a hunting lodge, this remarkable property was later remodeled by the Geruso family into their private residence, preserving its historic character and significance. Built from rare old-growth American Chestnut, the lodge showcases exceptional craftsmanship, warmth, and architectural details seldom found today. The dramatic main living area features vaulted ceilings with skylights, exposed log and chinking walls, and an impressive floor-to-ceiling stone fireplace that anchors the space with rustic elegance. Original doors and windows preserve the home’s authentic character, while the front porch overlooks the lake, beach, recreation area, and Geruso Pavilion. Upper-level bonus rooms provide additional accommodations, and the basement offers a laundry area, flexible storage and future possibilities. Surrounded by the natural beauty of Western North Carolina, the property includes hiking trails, a waterfall, peaceful wooded surroundings, and approximately 46 acres with potential for additional homesites. This unique offering presents endless possibilities as a private mountain retreat, family gathering place, or investment opportunity. Located within the established Swiss Pine Lake community, the property benefits from well-maintained roads, established covenants and restrictions, and thoughtful community guidelines that help preserve the harmony, beauty, and long-term appeal of this scenic mountain setting known for its beautiful hillside homes. Nestled in the heart of the Blue Ridge Mountains, Mitchell County offers the natural beauty and small-town charm Western North Carolina is known for. Home to scenic mountain vistas, rushing rivers, and endless outdoor recreation, the area is ideal for hiking, fishing, camping, and exploring nearby attractions including the Blue Ridge Parkway, Roan Mountain, the North Toe River, and Pisgah National Forest. Enjoy four distinct seasons with cool mountain summers and vibrant fall foliage. Rich in Appalachian heritage, Mitchell County is known for its welcoming communities, thriving arts and crafts scene, and unique mining history centered around Spruce Pine’s world-renowned quartz deposits. Residents and visitors appreciate the relaxed rural lifestyle, local galleries, festivals, and easy access to nearby destinations including Asheville, Boone, and Johnson City. Whether seeking a full-time residence, mountain retreat, or investment opportunity, Mitchell County offers a timeless mountain setting with lasting appeal.

Price in context

• Asking $627 per square foot.
• That is in line with the $612 median across 6 active $1.5M+ homes in Spruce Pine.
• 6th highest asking price of 6 active $1.5M+ homes in Spruce Pine.
• 4th largest by living area of the 5 with a recorded size.
• Reduced $75,000 (6.0%) from the original $1,250,000 asking price.
• 79 days on the market, listed 2026-05-28.
• County tax assessment $818,600; the asking price is 1.44× the assessed value.
• HOA dues $800 (annually).

Location

Neighborhood: Swiss Pine Lake, Mitchell County, ZIP 28777.

Assigned schools

• High: Mitchell

School assignments come from the listing and can change; confirm with the district.

Features

Style

Rustic

Levels

One and One Half

Construction

Wood

Roof

Other - See Remarks

Bathrooms

3 full

Basement

Daylight, Exterior Entry, Interior Entry, Storage Space, Unfinished, Walk-Out Access, Walk-Up Access

Fireplace

Yes

Interior

Split Bedroom, Storage

Flooring

Linoleum, Wood

Kitchen & appliances

Dishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer, Washer/Dryer

Heating

Floor Furnace, Oil

Cooling

None

Parking

Driveway

Waterfront

Beach - Public

View

Mountain(s), Water

Lot

Cleared, Hilly, Level, Private, Views, Wooded

Community

Lake Access, Picnic Area, Recreation Area, Walking Trails

County

Mitchell

Comparable homes on the market

• 71 Chestnut Hill Road, Spruce Pine — $1,320,000, 3 bd, 4,227 sq ft, also in Swiss Pine Lake
• 1971 Swiss Pine Lake Drive, Spruce Pine — $2,200,000, 2 bd, 1,874 sq ft, also in Swiss Pine Lake
• 316 Grassy Mountain Road, Little Switzerland — $1,399,999, 4 bd, 4,000 sq ft, 3.3 mi away
• 729 Bear Wallow Road, Little Switzerland — $1,550,000, 5 bd, 2,752 sq ft, 3.7 mi away
• Tbd Henredon Road, Spruce Pine — $2,178,200, 4.2 mi away
• 2711 Rabbit Hop Road, Spruce Pine — $1,999,000, 3 bd, 3,265 sq ft, 4.5 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.