BALD MOUNTAIN ESTATE - LEGACY ESTATE SITUATED ON 320 ACRES IN LAKE LURE

400 Kings Drive Lake Lure NC 28746  |  Rutherford County, NC
  • 185 acres

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Listing Status: Active
Listing Type: Sale
Property Type(s):
Irrigated: No
Residence: No
Property ID: 9649541
Property Website

Property Description

A Gorgeous Property in Desirable Resort Community
185 +/- acres of private mountain land
Lake Lure, NC


Bald Mountain Estate is particularly notable for its history, privacy and magnificent views; a tranquil retreat to gaze upon the mountain fog lifting with the sunrise and fireflies dancing and crickets serenading as the sun sets. The peaceful estate is an ideal gathering place to celebrate, explore, relax and enjoy the natural beauty and mountain air awakened amid Lake Lure and the heart of the Blue Ridge Mountains.

Lake Lure is conveniently located approximately midway between Asheville and Charlotte, and has been a gold-standard Blue Ridge destination since its settlers searched for gold and commemorate it as the birthplace of Americas first one-dollar gold coin. The area also has a nostalgic connection to movies, excellent cuisine and unparalleled adventures to discover at Chimney Rock State Park.


185+/- ACRES

Private mountain land with rolling hills and active streams throughout the property, with abundant wildlife for hunters or outdoor enthusiasts. It would be ideal for a recreational land investment, for future residential development in a thriving resort community or could be combined with Parcel 1 to create a family estate or compound for years to come.

This spectacular property adjoins North Carolina State Park land and is located less than an hour drive from Asheville and Hendersonville, there are miles of well-preserved hiking and riding trails, hunting land as well as pasture and accommodations for potential equestrian use.

Property History

This historic estate, originally "Faraway Farm", was built in 1939 by celebrated museum administrator Leslie Cheek, heir to the Maxwell House Coffee fortune. The farm was the Cheek family safe-haven during WWII.

In the 1930's, Leslie Cheek viewed Lucius Morse's plans for a luxury resort development along the shores of Lake Lure. Cheek was inspired by Morse's visions for the area, by his development of Chimney Rock Park and construction of the world-class hydro-electric dam (used to create Lake Lure.) Thus, Leslie Cheek selected a site at the south shore of Lake Lure, to build his private estate.

In 1957 the Cheek family sold the estate to Rolland King, a developer from south Florida. Rolland King had gained accolades for his Sarasota developments of Gulf Gate and Village Green, his Bradenton developments at Whiskey Creek and Village Gardens, as well as Governors Harbor Development in the Cayman Islands.

Rolland King changed the name of the farm from "Faraway Farm" to "Bald Mountain Farms". King utilized the farm as a summer retreat for his large family. In 1965, King began to develop the lake-front area of the property. He built a dinner club (now Lakeview Restaurant/Legends on the Lake) and a golf course (now Bald Mountain Golf Course.) He developed a swimming pool, beach and marina area and began promoting the destination as a mountain resort called "The Bald Mountain Club at Lake Lure."
In the 1970's, King partnered with Wyndham and other time-share corporations to construct condos and resort housing throughout the property. The resort became known at Rumbling Bald Resort.

Today, the Rumbling Bald Resort boasts premier dining and a cocktail lounge, with a deck area for viewing the lake and outdoor dining. The golf pro shop and another casual restaurant and bar overlook a world-class 18-hole golf course, and the course is open to the public.

Since 1957, Faraway Farm / Bald Mountain Farms has served as the private, family home of Rolland King; original developer of Rumbling Bald resort.

Property Tours will be conducted by appointment. Please call our auction information office to schedule your private tour.

Property Map


Driving Directions

Property Tours will be conducted by appointment. Please call our auction information office to schedule your private tour.

Contact Seller

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J. Craig King

J P. King Auction Company

(800) 558-5464 (work)

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Contact Seller

Seller Image

J. Craig King

J P. King Auction Company

(800) 558-5464 (work)

  Sending Email...
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