Wallace Lake House - Lake Lure NC

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Guests 12
Bedrooms 5
Bathrooms 2
Allows Pets No


Perfect Lakefront Getaway for Relaxation and Lake Fun

Located on Lake Lure, Wallace Lake House offers breathtaking views of the mountains and lake from the deck and patio. If the views and the sound of the water lapping don’t carry away your stress, stepping into the lake and feeling the sand between your toes should do the trick! The water depth is shallow and increases gradually, which is nice for wading and children (sorry, no four-legged family members). This home is 7.6 miles to the Beach at Lake Lure, 9.1 miles to Chimney Rock State Park, and 19.4 miles to the Tryon International Equestrian Center (TIEC).

Great for Family Gatherings and Wheelchair Accessible

The road entrance to the home is on the upper level of the house. There is a ramp to the door and to the boathouse deck, making it accessible for family in a wheelchair.

Comfortable Living 

This lakefront rental has all of the comforts of home. This upper level has the washer and dryer conveniently located near the stairs leading to the main level. This level also has a full bath and 4 bedrooms.

Down the stairs is the main level of this cozy home. The open floor plan is perfect for the views and to spend time with family and friends. If you stand at the bottom of the stairs, straight ahead is a spacious, fully equipped kitchen. To the left is the dining area and further still is the living area. On this main floor is another bedroom and full bathroom (shower stall-no bathtub) and the sofa converts to a sleeper. This home also offers internet service, 6 televisions, and basic cable.

Behind the sofa is a bank of large windows. Just open the blinds to admire the beauty of Lake Lure and the beautiful Blue Ridge Mountains. 

Wonderful Outdoor Spaces

If you want to get a little closer to nature, to the right of the bank of windows is the door to the deck. Near the house are trees that shade a portion of the deck. This is the perfect spot to enjoy your morning beverage or to relax out of the full sun of the afternoon. If you prefer sun, the spacious deck offers plenty of options. Relax on the dock or on the deck atop the boat house. 

Perfect Every Season

With the area's temperate climate and beauty, this home can be enjoyed throughout the year. Springtime brings the blooming of the dogwood and red bud trees as well as the azaleas, rhododendron, and mountain laurel. Summer brings lush greenery and the autumn colors are extraordinary. Autumn's red and gold hues are breathtaking; the region is know for its fall colors. Winters are mild and, with less tree obstruction, views are incredible.

Be Our Guest

Plus, nearby are activities for everyone to enjoy. See the Amenities and Notes for a sampling of what this area offers. Just pack your clothes, pick up some groceries (an Ingles Market is just minutes away), then sit back, relax, and enjoy all Lake Lure/Chimney Rock and the Wallace Lake House have to offer. We look forward to you being our guest!

Smoking is prohibited in all our of our vacation rental homes.
Pets are not allowed in this home or on the property.

Parking for four (4) vehicles.

Check-in time is 3:00 p.m. local time (or later) at Carolina Properties Lake Lure office.
Check-out time is 10:30 a.m. local time (or earlier) at Carolina Properties Lake Lure office.

In addition to the rent, the following charges apply: 
$45.00 Accidental Damage Protection which covers up to $1500.00 in accidental damages (non-refundable.)  Any damage that exceeds $1500.00 will be the responsibility of the leaseholder/guest.
$125.00 Cleaning Fee
6% Rutherford County Occupancy Tax 
6.75% NC State Sales Tax 
$50.00 minimum fee will be assessed for failure to properly remove/dispose of garbage from home (to avoid this fee, simply follow the Arrival/Departure Instruction sheet provided upon check-in and posted at the home)

Cancellation / Transfer Policy: If a confirmed reservation is canceled or transferred at least 30 days prior to arrival, a processing fee of $50.00 and a $20.00 reservation fee plus applicable North Carolina State Sales Tax will be charged against the Advance Deposit. If the cancellation occurs less than 30 days prior to arrival, all funds received will be forfeited, unless the property can be re-rented for the canceled period for the full amount.


Sorry, no exceptions. We do offer a number of pet-friendly accommodations.



Nearby Activities/Entertainment:

Lake Lure Lakefront

Coffee Maker

Tryon International Equestrian Center (TIEC)

Mountain Views


Lake Lure Beach/Boat Tours & Rentals


Electric Range

Chimney Rock State Park/Village



Lake Lure Flowering Bridge

Central Heat/Air Conditioning

Refrigerator (in-door water and

Unique Stores/Shops

Ceiling Fans

ice dispenser)


Lower Level is primary living space




Dining Table Seats 6

Ski/Tube/Wake Board and More

Maximum Occupancy: 12

Deck Dining Set Seats 4


Sleeping in Beds for 12:


Gem and Gold Mining

King Bed 1 or Twin Beds 2 (upper level)


Hiking Trails/Fishing Spots

Queen Beds 2 (main and upper level)



Double/Full Beds 2 (upper level)


Tennis/Basketball Courts

Twin Beds 2 (upper level bunk room)


Golf/Mini Golf

Queen Sleeper Sofa 1 (main level)


Museums/KidSenses Activity Center


Bed, Bath, and Kitchen Linens

River Tubing/Rafting




Televisions 4 (living room, bedrooms)

Ironing Board

Area Conveniences:


Vacuum Cleaner

Grocery/Dollar Store

DVD/VHS Player Combos 2


Urgent Care

DVD Player 1




DSL Internet

United States Post Office


Wheelchair Accessible

Gas Stations



ABC Liquor Store

Deck Furniture

Lake Lure Access

Fruit/Vegetable Stands

Float Toys

(with sandy shallow entry

Recycling/Trash Drop-Off Centers**

Gas Grill

that gradually increases


Porch Swing

In depth)

Area Houses of Worship:



Baptist, Catholic, Lutheran, Methodist,

Boat House


Presbyterian, Non-Denominational Churches

Boat House Deck


Synagogue in Hendersonville, NC




*Two ramps (1 from drive to main level and 1 from porch to boathouse deck) allow for wheelchair access.
**The nearest recycling/waste drop-off centers are:
Rutherford County Bills Creek Center, 2130 Bills Creek Road, Lake Lure, NC
Mon.-Fri. 6:00 a.m. to 7:00 p.m., Sat. 8:00 a.m. to 7:00 p.m., and Sun. closed
Polk County Transfer Station, 322 Landfill Rd, Mill Spring, NC
Mon.-Sat. 8:00 a.m. to 4:30 p.m., Sun. closed



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* Rates are subject to change without notice. Pricing excludes taxes, additional options or fees.
Vacation Rental Standard Pricing Night     Min Nights
Winter | Low Season $200     2
Spring | Mid Season $255     2
Summer/Fall | Peak Season $290     2
Holiday Season $330     2
Season Start End Night Min Nights
Christmas/New Year Holiday12/21/20181/1/2019$3303
Low Season11/26/201812/20/2018$2002
Thanksgiving Holiday11/18/201811/25/2018$3303
Low Season11/13/201811/17/2018$2002
Fall Color Display10/12/201811/12/2018$2902
Mid Season10/1/201810/11/2018$2552
World Equestrian Games9/24/20189/30/2018$6602
World Equestrian Games - Week 2 events9/17/20189/23/2018$4,620 Per Week7 (Mon-Mon)
World Equestrian Games - Week 1 events9/10/20189/16/2018$4,620 Per Week7 (Mon-Mon)
World Equestrian Games9/5/20189/9/2018$6602
Labor Day Holiday8/31/20189/4/2018$3303
Peak7/7/20188/17/2018$2,030 Per Week7 (Sat-Sat)
July 4th Holiday6/30/20187/6/2018$2,350 Per Week7 (Sat-Sat)
Peak6/2/20186/29/2018$2,030 Per Week7 (Sat-Sat)
Mid Season5/29/20186/1/2018$2552
Memorial Holiday5/25/20185/28/2018$3303
Mid Season3/17/20185/24/2018$2552
Low Season1/2/20183/16/2018$2002
Christmas/New Year Holiday12/22/20171/1/2018$3303
Low Season11/28/201712/21/2017$2002


Write a Review
Reviewed: Dec 11, 2017
Property Manager
Cumming, US
Reviewed: Oct 18, 2017
Property Manager
Valerie is always there to help!! Staff is very nice and courteous as always, this is the 5th time we have booked through your company and they make everything easy
We loved staying on the lake this year, our family had a great time!
Reidsville, US
Reviewed: Jul 10, 2017
Property Manager
Very easy to rent the house and check-in and out of the house
How was clean, but not well maintained. Broken banister, broken light in the kitchen, missing window screens; I would not advertise the house as having internet; it was so slow you could not use it. Broken stone stairs down to the water are dangerous.
Reviewed: Jul 1, 2017
Property Manager
Always professional and helpful
Just wish for a wee update. Overall, this house accommodated our family aged 19 months to 60 years really well. The vintage toys were a super surprise. Lots of puzzles and games, although the weather our week was picture perfect and the children stayed in the water until 9pm some evenings! We found the area recreational facilities great, we rented a pontoon boat for a few hours and hired out a boat that actually came to the house dock to pick us up for tubing. The location and closeness to the golf courses, Ingles and Chimney Rock was perfect. It was a wonderful week!
Elmer, US
Reviewed: Sep 8, 2016
Property Manager
This was our 2nd stay at the Wallace Cottage...we love the feeling of "coming home". This year we brought our own kayaks and it added to the week
Weaverville, US
Reviewed: May 12, 2016
Property Manager
Gastonia , US
Reviewed: Jan 20, 2016
Property Manager
The house was great! The kitchen was well equipped for cooking, plenty of linens were provided, lots of sitting room for a large group, and very clean. We had a great time! Thanks
Reviewed: Jan 13, 2016
Property Manager
Stayed at the Wallace Cottage August of 2015...fantastic experience..there were 4 generations ranging from 4yrs to 83 yrs and there was plenty of room for everyone. The minute we walked in the door we felt at home! Am already planning on returning in August of this year
Lyman, US
Reviewed: Jan 7, 2016
Property Manager
Carolina Properties personnel were accommodating and friendly.
We had a wonderful stay. The view is breath taking.
Wheaton, US
Reviewed: Dec 2, 2015
Property Manager
Thank you for a wonderful stay. We may well make this trip an annual tradition!
The property is dated but perfectly adequate. I did not give five stars because it's not a five star kind of place. But we had a five star time!


Conveniently Located

Wallace Lake House overlooks and offers access to Lake Lure, ranked by National Geographic Magazine as one of the top scenic lakes in the world. The Lake Lure beach is just several minutes from the home. There are several excellent golf courses nearby, including Apple Valley Golf Course, Bald Mountain Golf Course, and Etowah Valley Country Club and Golf Resort, which Golf Digest rated as one of the top 50 golf destinations in the US.

This comfortable home is centrally located, just 10 minutes from Chimney Rock State Park and village. The iconic Chimney Rock (for which the village and park are named) was featured on Arthur Frommer's Sept/Oct 2012 issue of Budget Travel magazine. The park received the platinum award for Favorite State Park in Blue Ridge Country’s 2013 Best of the Mountains travel poll, with voting every five years and covering seven southern states in the Appalachian Mountains.

It is only 15 minutes from Bat Cave; 35 minutes from Hendersonville; 50 minutes from Asheville; and about 2 hours from Charlotte, North Carolina. Also nearby are Pisgah National Forest (less an 1 hour from Lake Lure), which has over 500,000 acres of protected forest, and DuPont State Recreational Forest (1.25 hours from Lake Lure) with over 10,000 acres. These forests feature hundreds of miles of hiking, biking, and horse trails, exquisite waterfalls, and beautiful mountaintop views. If you and/or your children are fans of The Hunger Games book and movie, a scene with Katniss and Gale was shot at the Pisgah National Forest. A few small but significant scenes were also filmed at the DuPont State Recreational Forest.

The Lake Lure/Chimney Rock area is conveniently situated for outdoor adventure including horseback riding, tubing, water sports, and hiking; museums and theater; the Biltmore Estate and Village; shopping and restaurants; and so much more. For additional information and activities, just see our Local Area Guide.

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