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.
Active
Price cut: $75K (8/6)
$1,875,000
268 Wambli Pass, Lake Lure, NC 28746
2beds
7,244sqft
Quadruplex
Built in 2009
-- sqft lot
$1,789,200 Zestimate®
$259/sqft
$-- HOA
What's special
Private deck spaceWarm wood accentsInviting living spacesCozy stone gas fireplacesFour well-designed unitsSpacious layouts
- 189 days
- 234
- 9
Zillow last checked:
Listing updated:
Listed by:
Mariah Leahy 828-279-5889,
Premier Sotheby’s International Realty,
Lyn Weaver,
Premier Sotheby’s International Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4352946
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 3
- Full bathrooms: 10
- 1/2 bathrooms: 4
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
- Laundry: In Kitchen
Features
- Breakfast Bar, Soaking Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Doors: Sliding Doors
- Basement: Finished,Interior Entry,Unfinished
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 7,244
- Total interior livable area: 7,244 sqft
- Finished area above ground: 5,295
- Finished area below ground: 1,949
Property
Parking
- Parking features: Parking Lot
Features
- Stories: 2
- Patio & porch: Balcony
- Has view: Yes
- View description: Golf Course, Winter
Lot
- Size: 6.55 Acres
Details
- Additional parcels included: 1640079,1640077,1640076,1640075, 1640074
- Parcel number: 1649451
- Zoning: RES
- Special conditions: Standard
- Other equipment: Generator
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Arts and Crafts
- Property subtype: Quadruplex
Materials
- Vinyl
Condition
- New construction: No
- Year built: 2009
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Community
- Features: Gated, Pond
- Subdivision: Tatanka
HOA
- Has HOA: Yes
Location
- Region: Lake Lure
Financial & listing details
- Price per square foot: $259/sqft
- Tax assessed value: $1,842,600
- Date on market: 3/6/2026
- Cumulative days on market: 189 days
- Listing terms: Cash,Conventional
- Tenant pays: None
- Road surface type: Asphalt, Paved
Estimated market value
$1,789,200
$1.70M - $1.88M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/6/2026 | Price change | $1,875,000-3.8%$259/sqft |
Source: | ||
| 6/12/2026 | Price change | $1,950,000-17%$269/sqft |
Source: | ||
| 3/6/2026 | Listed for sale | $2,350,000+11.9%$324/sqft |
Source: | ||
| 8/7/2023 | Sold | $2,100,000$290/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $1,721,500 |
| 2024 | $9,159 +0.2% | $1,721,500 |
| 2023 | $9,139 +27.1% | $1,721,500 +61.6% |
| 2022 | $7,190 +0.7% | $1,065,200 |
| 2021 | $7,137 | $1,065,200 |
| 2020 | $7,137 | $1,065,200 |
| 2019 | -- | $1,065,200 +3.4% |
| 2018 | $6,874 | $1,030,600 |
| 2016 | $6,874 | $1,030,600 |
| 2013 | $6,874 | -- |
Find assessor info on the county website
Monthly payment
Est. payment




