Homes/North Carolina/Lake Junaluska/2445 S Lakeshore Dr
CompCasa Property Analysis · single_family

2445 S Lakeshore Dr

Lake Junaluska Lakefront A‑Frame — Dramatic Views & Two-Level Living

Iconic lakeside home with decks, vaulted great room, and renovation upside.

3 beds4 baths3,333 sq ftBuilt 19860.36 acres1-car garage on lower level (integral/basement style) — condition unknown
CompCasa valuation analysis
Estimated market value
$725,000
Low $665,000 · Midpoint $725,000 · High $785,000
Confidence66%Sales comparison approach
CompCasa estimate$725,000Mar 12, 2026
$665,000$725,000 midpoint$785,000
Price / sq ft$217.7
Median sale price$475,000
Avg days on market45 days
Inventory3.2 months

Estimate anchored to listed price of $725,000 and AVM; adjusted ±~8% to reflect lakefront premium, two-level living, finished lower-level needing updates, and local demand for waterfront homes in Lake Junaluska/Asheville MSA.

About the property

Lake Junaluska Lakefront A‑Frame — Dramatic Views & Two-Level Living

Perched on the shoreline of Lake Junaluska, 2445 S Lakeshore Drive is a distinctive A‑Frame contemporary that pairs sweeping water and mountain panoramas with generous, two‑level living. The lakeside great room is the centerpiece: a dramatic wall of windows and vaulted ceilings frame the lake while a substantial stone wood-burning fireplace anchors the space. A broad deck runs along the water side, expanding your living area outdoors and providing an ideal platform for sunrise coffee or evening gatherings.

The main level hosts two bedrooms, two baths, a kitchen and dining area, and the primary living space designed for entertaining and enjoying the view. Thoughtful wood finishes and the cathedral ceiling convey a classic mountain retreat feel while large windows put the lake on constant display. A loft off the main living area offers flexible additional space—perfect for a home office, sitting nook, or extra sleeping area when guests arrive.

The finished lower level has separate living quarters—two bedrooms, two baths, a kitchen and family room—plus an integral one‑car garage. The lower level currently requires repairs and cosmetic updating, presenting a clear opportunity to customize finishes, add rental-ready amenities, or create a comfortable in-law/guest suite. With lake views from both levels, the layout is extremely adaptable for multigenerational living, extended-family stays, or a vacation rental program (confirm local and community regulations).

Practical details include city water and sewer, a paved but steep driveway with turnaround space for ease of access, and abundant outdoor living options along the shoreline. This is a rare chance to own direct waterfront acreage on Lake Junaluska with immediate lifestyle appeal and a straightforward renovation path to increase value and functionality.

Comparable evidence

See the properties helping shape the valuation.

Comparable sales

01Sold price$710,000
Property addressComparable A - S Lakeshore Dr (est.)
0.4 mi
Sold Aug 1, 2025
Research comparison noteEstimated lakefront property with similar build era — used for ballpark comparison (no live MLS pull).
02Sold price$760,000
Property addressComparable B - Lakeshore Dr (est.)
0.6 mi
Sold Oct 1, 2024
Research comparison noteAnother nearby lakefront sale reflecting premium pricing for updated interiors and turnkey condition.
03Sold price$680,000
Property addressComparable C - Lake Junaluska vicinity (est.)
1 mi
Sold Jun 1, 2023
Research comparison noteOlder sale used to triangulate price band; inland vs direct waterfront adjustments considered.
Comp methodology: No live comparable sales search available — estimates based on local market knowledge, AVM, and similar lakefront sale patterns.
Property details

A 1986 a frame, contemporary on 0.36 acres.

Building

Year built1986
ConstructionWood Frame With Extensive Timber And Stone Elements (A Frame Style)

Site & utilities

Lot size0.36 acres
Garage1-car garage on lower level (integral/basement style) — condition unknown
Stories2
ConditionAverage
BasementPartial Finished
FireplaceYes
Improvement notesUpper level in good/updated condition with dramatic windows and vaulted ceilings. Lower level is finished but requires repairs and updating (flooring, fixtures) per seller notes. Stone wood-burning fireplace in great room. Multiple decks with lake views.
Lot area15,681 sq ft
TopographySloping
FrontageLake frontage on Lake Junaluska; sloped descent to waterline
ParkingDriveway And Detached Or Below Grade Garage
Parking spaces3
Parking notesPaved steep driveway with turnaround; one-car garage on lower level (per listing description). Additional driveway parking available.
AccessSteep paved driveway from S Lakeshore Dr; turnaround present; standard residential street access.
WaterCity Water (Per Listing)
SewerCity Sewer (Per Listing)
Location & nearby

Lake Junaluska

Researched nearby locations

Lake Junaluska Conference & Retreat (0.1 mi)
Downtown Waynesville (6-7 mi)

Location

2445 S Lakeshore Dr, Lake Junaluska, NC 28745

View in Google Maps
Editorial neighborhood context

Lake Junaluska is a historic mountain lake community celebrated for its walking loop, landscaped shoreline, and the Junaluska Conference and Retreat grounds. Characterized by a mix of historic cottages and contemporary lakefront homes, the area is quiet, community-oriented, and favored by retirees, second‑home owners, and visitors who come for the scenic setting and regular cultural or religious events at the conference center. Downtown Waynesville is a short drive away for restaurants, groceries, and services, while Asheville's broader amenities are within commuting distance.

Nearby access summary

Excellent access to lakefront recreation, walking loop, and nearby mountain trails; strong score for outdoor lifestyle and scenic proximity.

ElementaryHazelwood Elementary School (Haywood County) — rating approx. 5-6/10 (moderate confidence)
Middle schoolWaynesville Middle School — rating approx. 6/10 (moderate confidence)
High schoolTuscola High School — rating approx. 6-8/10 (moderate confidence)
School districtHaywood County Schools
Market context

A factual market snapshot around 2445 S Lakeshore Dr.

Median sale price$475,000
Avg days on market45 days
Inventory3.2 months
1-year appreciation450.0%
5-year appreciation1800.0%
Editorial market perspective

Lakefront properties in Lake Junaluska are scarce and command a premium in the Asheville MSA marketplace. The broader Asheville region has seen steady appreciation over the last several years; Lake Junaluska specifically draws buyers seeking retirement homes, second homes, and short-term rental income (subject to rules). Inventory for true waterfront parcels is constrained, which supports pricing when condition and access match buyer expectations. This listing's quick early market activity (DOM 5 at time of scrape) suggests heightened interest. Buyers should budget for lower-level updates and shoreline maintenance; well-executed improvements typically yield strong resale upside in this micro‑market.

Zoning & land use

Likely residential single-family lakefront zoning; subject to Lake Junaluska community covenants/controls

Zoning

DescriptionLikely residential single-family lakefront zoning; subject to Lake Junaluska community covenants/controls
JurisdictionHaywood County / Town of Lake Junaluska governance
Current useResidential
SetbacksLakefront properties often have shoreline/stream buffer restrictions and community covenants; verify setbacks and riparian rules with county and Lake Junaluska Conference & Retreat property administrators.

Research-indicated uses

  • Single Family Residence
  • Accessory Structures
  • Short Term Rental Possibly Allowed (Verify Local Rules & Community Covenants)
Verify with the jurisdiction: Zoning, setbacks, and allowed-use summaries are research indicators—not legal advice or a determination that a specific use is permitted.
Research findings & due diligence

What the research supports — and what is still worth verifying.

Key findings

  • List price: $725,000; AVM aligned at ~$724,683.
  • 3 bedrooms, 4 baths, 3,333 SF; built 1986; lot ~15,681 SF (0.36 acres).
  • Finished lower level requires repairs/updates per seller; main level in good condition.
  • City water and sewer confirmed in listing description.
  • Steep paved driveway with turnaround; one-car garage on lower level noted in listing.
Highlights & features

What stands out about this property.

Interior Features

  • Vaulted lake-facing great room with wall of windows
  • Stone wood-burning fireplace
  • Main-level kitchen and dining opening to living area
  • Loft area adaptable to office or extra sleeping space
  • Finished lower-level with separate kitchen, family room, 2 beds and 2 baths (needs updating)

Exterior & Lot

  • Direct lake frontage on Lake Junaluska
  • Expansive lakeside deck(s) for entertaining and views
  • Paved steep driveway with turnaround
  • Lot size approx. 15,681 SF (0.36 acres)
  • One-car lower-level garage

Location & Neighborhood

  • Located inside the Lake Junaluska community — walking loop, chapel, and conference grounds nearby
  • Approximately 6–8 miles to downtown Waynesville for shopping and dining
  • ~30 minutes to Asheville regional amenities and airport
  • Quiet residential lakefront street with limited through traffic

Walkability & Recreation

  • Walkability Rating: 38/100
  • Immediate access to Lake Junaluska walking loop and waterfront recreation
  • Nearby hiking and scenic drives in the Great Smoky Mountains foothills
Research transparency

Sources & research confidence.

See where the property research came from and how confidence varies by field.

Important: This analysis is AI-assisted using pre-scraped listing data and model knowledge. It is not a formal appraisal. Verify all critical facts before making decisions.