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  • Price cut: $400K (6/12)
    $1,950,000

    268 Wambli Pass, Lake Lure, NC 28746

    2beds
    7,244sqft
    : 
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    Quadruplex
    Built in 2009
    -- sqft lot
    $1,842,300 Zestimate®
    $269/sqft
    $-- HOA

    What's special

    Private deck spaceWarm wood accentsInviting living spacesCozy stone gas fireplacesFour well-designed unitsSpacious layouts
    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.
    139 days
    |
    264
    |
    6
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    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#: 4352946MLS Logo

      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: $269/sqft
      • Tax assessed value: $1,842,600
      • Date on market: 3/6/2026
      • Cumulative days on market: 139 days
      • Listing terms: Cash,Conventional
      • Tenant pays: None
      • Road surface type: Asphalt, Paved

        Estimated market value

        $1,842,300

        $1.75M - $1.93M

        $2,297/mo

        Price history

        DateEventPrice
        6/12/2026Price change$1,950,000-17%$269/sqft
        Source: Canopy MLS as distributed by MLS GRID #4352946 Report a problem
        3/6/2026Listed for sale$2,350,000+11.9%$324/sqft
        Source: Canopy MLS as distributed by MLS GRID #4352946 Report a problem
        8/7/2023Sold$2,100,000$290/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax 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

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28746

        Getting around

        4 / 100
        Car-Dependent
        5 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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