Lake Lure is a town in Rutherford County, North Carolina, United States. In 2020 the town population was 1,634. Lake Lure was incorporated in 1927, and acquired the lake after which it is named in 1965.

In 1902, Dr. Lucius B. Morse and his brothers Hiram and Asahel purchased 64 acres (0.26 km) around Chimney Rock (within present-day Chimney Rock State Park) for $5,000. They superior acquired enough house in the area to bring the sum to 8,000 acres (32 km²). Lucius Morse’s wife Elizabeth is qualified with naming the lake (and the town). Included in the area that became the lake, according to a blog admission by Russ Meade, was the town of Buffalo, believed to have been named for a user-friendly mountain that resembled a buffalo.

In 1925, the Morse intimates created Carolina Mountain Power Company and funded the construction of a dam upon the Broad River (through a mortgage) which produced the lake after which the town is named. The full impoundment of Lake Lure was completed in 1927. At ordinary water levels, Lake Lure covers nearly 720 acres (2.9 km) and has a shoreline of nearly 27 miles (43 km). The dam’s capability plant began operations in 1928 subsequent to the sale of electricity under a 10-year union to Blue Ridge Power Co., a local predecessor of Duke Power. In campaigner times, the town continues to sell electricity to Duke Energy, although profits from the dam now come second to maintaining a resolution water level year-round.

In 1929, the plans for increase came to a terminate with the advent of the Great Depression. A mortgage-holder, Stroud & Company of Philadelphia, foreclosed on the lake and the dam. Stroud owned them and the power the dam generated until 1965. In 1963, the North Carolina General Assembly enacted the legislation that authorized the Town of Lake Lure to issue revenue bonds for the intention of acquiring the assets from Stroud. The dam, power company, and genuine estate of Lake Lure were acquired by the Town of Lake Lure in 1965.