




468 Deer Park Lake Rd, Spruce Pine, NC, 28777
About This Home
Welcome to your next investment opportunity! Nestled in a picturesque country setting this newly remodeled Four-Plex on seven plus acres located for convenience is your gateway to a lucrative real estate venture in an area with a pressing need for rental units. This is an a great opportunity for investors seeking income or residents looking to call this serene property their home. With the location just a few minutes to shopping and medical facilities. The Brick Ranch home has had an extensive remodel with new Aldhurst Waterproof Core flooring, New windows, Paint and lighting throughout, New Kitchen in unit 1 and granite countertops in two of the four units, New garage door with opener, New 7 bedroom septic system, Survey and much more. Agents please see the list attached and share with your clients. Contact us today to explore this property and discover the investment that you've been searching for. Mobile home at road in the street view is no longer on the the property.
Getting Around
Schools
Construction
Condition
- Year built: 1968
Materials
- Foundation: Permanent
- Construction materials: Brick Partial,Vinyl,Wood
Type & Style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subType: Quadruplex
Interior
Appliances
- Appliances included: Dishwasher,Electric Oven,Exhaust Fan,Refrigerator
- Laundry features: Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Apartment,Basement Garage Door,Daylight,Partially Finished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Features
- Walk-In Pantry
- Window features: Insulated Windows
- Flooring: Laminate
- Fireplace features: Other - See Remarks
- Finished area below ground: 0
Heating & Cooling
- Heating features: Kerosene,Other
- Cooling features: None
Interior Area
- Total structure area: 4,342
- Total interior livable area: 4,342 sqft
Property
Details
- Parcel number: 088000449408
- Zoning: 0
- Special condition: Standard
- Other equipment: Fuel Tank(s),Other - See Remarks
- Horse amenities: None
Features
- Patio & porch: Deck,Porch
- Fencing: Front Yard
- Has view: Yes
- View description: Long Range,Winter
- Waterfront features: None
Lot
- Lot size: 7.13 Acres
- Features: Cleared,Level,Open Lot,Private,Sloped,Wooded,Views
Parking
- Total spaces: 11
- Parking features: Attached Carport,Attached Garage,Garage Door Opener,Parking Space(s),RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 3
- Has uncovered spaces: Yes
- Uncovered spaces: 8
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Inland Flooding
- Ice Storm
- Strong Wind
- Landslide
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Mitchell County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,755 | $33,060 |
| Home Insurance * | $190 | $2,280 |
| Property Taxes | $295 | $3,540 |
| Electricity | $404 | $4,852 |
| Total | $3,644 | $43,728 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-03 | Listed for sale | $574,000 |
| 2025-12-11 | Listing removed | $574,000 |
| 2024-09-06 | Price change | $574,000 |
| 2024-08-07 | Price change | $599,000 |
| 2024-07-13 | Price change | $624,000 |
| 2024-05-07 | Price change | $649,000 |
| 2024-03-12 | Price change | $674,000 |
| 2023-11-03 | Price change | $699,000 |
| 2023-09-12 | Listed for sale | $725,000 |
| 2022-10-01 | Listing removed | -- |
| 2022-07-14 | Listed for sale | $375,000 |
| 2022-06-30 | Listing removed | -- |
| 2022-04-20 | Listed for sale | $375,000 |
