Lakeside living at its best! Imagine a home perched on a gentle slope where every window frames a shimmering expanse of the lake. Inside, the living spaces are open and airy, with a mix of warm wood tones, light, and neutral colors. An Elegant 4 bd/4.5 bath home featuring stunning wood floors, a cozy fireplace, and a spacious master suite on the main level. The gourmet kitchen boasts quartz countertops, a wine cooler, barnwood accents, and upscale appliances including a Wolf induction range. A spacious deck stretches toward the water, perfect for morning coffee and peaceful evenings with cool mountain breezes. The landscape around the house is lush and thoughtfully designed with native plants. There is an office/flex space with a Murphy bed on the main level. Additional bedrooms and bathrooms in the lower level provide the perfect getaway. Other highlights include a built in Generator for peace of mind, a huge laundry area with rinse shower, and double garage which offers a level entrance into the home. All of this only a hop, skip, and a jump from the Wellness Center, pools, and Restaurants. Enjoy all the community amenities with Two Championship Golf Courses, Tennis Courts, Hiking Trails, Cabana, Private Beach, and much, much, more! Check out the virtual tour: https://my.matterport.com/show/?m=tFjBt24BiXb&mls=1
Single-familyProperty Type
1995Year Built
0.49 acresLot Size
$329Price/Sq.Ft.
$414/moHOA Dues
2 car garageParking
Listed by Michael Zerressen• Rumbling Bald Real Estate
Contact: mzerressen@rumblingbald.com
Bought with Michael Zerressen• Rumbling Bald Real Estate
Est. $4,129 per month, based on comparable rentals
Sale and tax history for 147 Watergate Rd
Sale History
Tax History
Date
Event
Price
CANOPYMLS as Distributed by MLS Grid #4360810
May 27, 2026
Sold
$1,075,000
$329/sq ft
Apr 20, 2026
Pending
—
Apr 6, 2026
Listed
$1,100,000
$336/sq ft
CANOPYMLS as Distributed by MLS Grid #NCM529730
May 30, 2014
Sold
$460,000
$141/sq ft
May 30, 2014
Sold
$460,000
$141/sq ft
Apr 28, 2014
Delisted
—
Nov 30, 2012
Listed
$549,000
$168/sq ft
+15
Wonderful resort home overlooking Lake Lure. Best location in Bald Mountain Resort. You can walk to all the amenities or sit on the oversized deck and gaze at the lake,enjoy the fireworks on 4th of July, or have a front row seat at the Olympiad Games. Large great room, tons of windows, 3 master suites. Great home for entertaining or great for the rental program. In'05 this property produced 30K on the rental program. Current owners do not rent.
Public Records
Jun 16, 2006
Sold
$640,000
$196/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$5,177 (+0.6%)
$150,000 + $486,000
$636,000
2024
$5,145
$150,000 + $486,000
$636,000
2023
$5,140 (+26.0%)
$150,000 + $486,000
$636,000
2022
$4,080
$75,000 + $286,300
$361,300
2021
$4,083 (+10.9%)
$75,000 + $286,300
$361,300
2020
$3,682 (+6.4%)
$75,000 + $286,300
$361,300
2019
$3,462 (+43.2%)
$75,000 + $286,800
$361,800
2018
$2,418 (+9.5%)
$52,500 + $197,500
$250,000
2017
$2,208
$52,500 + $197,500
$250,000
2016
$2,207
$52,500 + $197,500
$250,000
2015
$2,207
$52,500 + $197,500
$250,000
2014
$2,207
$52,500 + $197,500
$250,000
Public record
Beds
4
Baths
4.5
Stories
1
Lot width
—
Lot depth
—
Lot size
0.49 Acres
Year renovated
1995
Sq. Ft.
3,401
Year built
1995
Style
Single Family Residential
County
Rutherford County
APN
1649447
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
Property details
Parking
Parking Information
Main Level Garage Y/N: 1
Parking Features: Attached Garage, Garage Door Opener
Interior Features: Breakfast Bar, Open Floorplan, Pantry
Window Features: Insulated Window(s)
Appliances: Bar Fridge, Dishwasher, Dryer, Electric Range, Electric Water Heater, Ice Maker, Induction Cooktop, Microwave, Washer, Washer/Dryer, Wine Refrigerator
Restrictions: Building,Deed,Short Term Rental Allowed,Subdivision
HOA Information
Has HOA
Association Name: Fairfield Mountains POA Inc.
Association Email: AR@rumblingbald.com
HOA Subject To Dues: Mandatory
HOA Subject To: Required
Association Fee: $4,967
Association Fee Frequency: Annually
Association Annual Expense: 4967.00
School Information
Elementary School: Lake Lure Classical Academy
Middle Or Junior High School: Lake Lure Classical Academy
High School: Lake Lure Classical Academy
Location Information
Directions: From Lake Lure, take Hwy. 64/74 East to left on Bills Creek Road to left on Buffalo Creek Road to the bottom of the hill, then bear right over the bridge and left into Rumbling Bald. Stay Straight through the Security gate to left on Quail Ridge Blvd. to right just past Trout Stream onto Watergate. Follow up hill to 147 Watergate on the left.
Community Information
Community Features: Business Center, Cabana, Dog Park, Fitness Center, Game Court, Gated, Golf, Hot Tub, Indoor Pool, Lake Access, Outdoor Pool, Picnic Area, Playground, Pond, Putting Green, Recreation Area, Sauna, Sport Court, Tennis Court(s), Walking Trails
Public facts
Beds: 4
Baths: 4.5
Sq. Ft.: 3,401
Stories: 1.0
Lot Size: 0.49 acres
Style: Single Family Residential
Year Built: 1995
Year Renovated: 1995
County: Rutherford County
APN: 1649447
Home facts updated by county records on Aug 24, 2026
Other
Auction Information
Is Auction: 0
Listing Information
Exception YN: 0
Home Information
Total Property HLA Sq. Ft.: 3272
Living Area: 3272
Above Grade Finished Area: 1,970
Below Grade Finished Area: 1,302
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 1970
Sq. Ft. Lower: 0
Second Living Quarters Heated Living Area: 0
Foundation Details: Basement
Levels: One
Around this home
Schools
Pinnacle Elementary School
Public PreK-5 • Assigned • 10.5mi
4/10
R-S Middle School
Public 6-8 • Assigned • 13.3mi
4/10
R-S Central High School
Public 9-12 • Assigned • 15.2mi
4/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
8 days above 105° expected this year, 20 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
6 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Lake Lure, NC • 28746
Average low and high temperatures (°F)
47
29
55
36
68
46
74
53
75
58
84
66
87
71
79
67
77
62
70
51
62
45
51
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
83/ 100
Very good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9 hrs
5.6 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$1.10M – $1.34M
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