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268 Wambli Pass - Mulit-Family 6.55ac 6.55 Acres of Residential Land Offered at $1,950,000 in Lake Lure, NC 28746
Executive Summary
On 6.55 scenic acres and adjacent to Apple Valley Golf Course, this impressive quadplex property offers a rare opportunity for investors, developers, or those seeking a versatile income-producing asset in a beautiful mountain setting. The property features four well-designed units, each offering spacious layouts, comfortable living areas, and private deck space to enjoy the surrounding natural views. Each unit has the primary bedroom on the main level, a bedroom and bonus room upstairs. Two of the units include finished basements with office space and den providing additional living space ideal for expanded rentals, recreation rooms. The remaining two units offer unfinished basements, creating excellent opportunities for future customization, added square footage or increased rental value. Inside, the units showcase warm wood accents, large windows that bring in abundant natural light, and inviting living spaces centered around cozy stone gas fireplaces, ideal or creating a relaxing retreat atmosphere. With 6.55 acres of land, the property offers significant potential for additional building opportunities or expansion, making it an attractive option for investors looking to grow their portfolio or develop further. Its location next to Apple Valley Golf Course adds to the appeal for guests and tenants alike, providing easy access to golfing, mountain scenery and outdoor recreation. Whether you choose to operate long-term rentals, short-term vacation rentals or combination of both, this property presents excellent income potential. If you're looking for a multi-unit investment with expansion possibilities in a desirable location, this quadplex is an opportunity you won’t want to miss.
Property Facts
| Price | $1,950,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Apartment Units - Condo |
| No. Lots | 1 | Total Lot Size | 6.55 AC |
| Property Type | Land | ||
| Zoning | R3 | ||
| Price | $1,950,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Apartment Units - Condo |
| Total Lot Size | 6.55 AC |
| Zoning | R3 |
1 Lot Available
Lot
| Price | $1,950,000 | Lot Size | 6.55 AC |
| Price Per AC | $297,709.92 |
| Price | $1,950,000 |
| Price Per AC | $297,709.92 |
| Lot Size | 6.55 AC |
On 6.55 scenic acres and adjacent to Apple Valley Golf Course, this impressive quadplex property offers a rare opportunity for investors, developers, or those seeking a versatile income-producing asset in a beautiful mountain setting.
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Not walkable
10/100
Exceptionally drivable
90/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 1649451 | Improvements Assessment | $1,594,800 |
| Land Assessment | $126,700 | Total Assessment | $1,721,500 |
Property Taxes
Parcel Number
1649451
Land Assessment
$126,700
Improvements Assessment
$1,594,800
Total Assessment
$1,721,500
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268 Wambli Pass - Mulit-Family 6.55ac