Rare multi-unit opportunity minutes from Lake Lure’s recreational amenities: this purpose-built fourplex (7,244 SF) sits on 6.55 acres directly adjacent to Apple Valley Golf Course and is offered at $2,350,000. Built in 2009 in an Arts & Crafts style, the property is laid out as four generous units — each with a main-level primary bedroom and additional upstairs sleeping/bonus space — designed for comfortable long-term tenancy or high-performing short-term rental operation.
Two of the units include finished basements that function today as offices, dens or recreation rooms; the other two basements are unfinished, providing immediate scope to add livable square footage and boost revenue. Interior finishes include a mix of wood, tile and carpet, and inviting stone gas fireplaces in the living spaces. Each unit features a private deck for outdoor living and views into the wooded lot. Systems include heat pump heating, central air, well water and septic (buyer to verify capacities and condition).
The lot is a standout asset — 6.55 acres gives both privacy and development optionality for an investor or owner-operator. Surface parking is in place with room to expand paved parking and guest areas. The property is positioned to serve multiple market channels: long-term leases to local tenants, short-term vacation guests drawn to Lake Lure, and a hybrid operation that stabilizes cash flow while maximizing peak-season revenue.
This asset will appeal to value-add investors, small portfolio owners, and developers seeking a mountain-market multi-family holding with clear upside. Due diligence items include HOA rules (membership is required), septic/well inspections, and a title review for easements. For details and to schedule a showing, contact listing agent Mariah Leahy at Premier Sotheby’s International Realty.