Unit 1 carport - 468 Deer Park Lake Road, Spruce Pine
Front of house. - 468 Deer Park Lake Road, Spruce Pine
Unit 1 2 Bedrooms 2 Bathrooms Carport, Small deck - 468 Deer Park Lake Road, Spruce Pine
This view is showing the additional driveway to the lower level units - 468 Deer Park Lake Road, Spruce Pine
New Kitchen - 468 Deer Park Lake Road, Spruce Pine
New Kitchen/Quartz Countertops - 468 Deer Park Lake Road, Spruce Pine
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 7 of 48
Laundry Room Unit 1 - 468 Deer Park Lake Road, Spruce Pine
Living room unit 1 - 468 Deer Park Lake Road, Spruce Pine
Unit 2 Living room - 468 Deer Park Lake Road, Spruce Pine
Back deck unit 1 - 468 Deer Park Lake Road, Spruce Pine
UNit 1 Bedroom - 468 Deer Park Lake Road, Spruce Pine
Unit 1 Bathroom - 468 Deer Park Lake Road, Spruce Pine
Unit 2 Bathroom - 468 Deer Park Lake Road, Spruce Pine
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 15 of 48
Unit 2 Kitchen - 468 Deer Park Lake Road, Spruce Pine
Unit 2 Kitchen - 468 Deer Park Lake Road, Spruce Pine
Unit 2 Kitchen - 468 Deer Park Lake Road, Spruce Pine
Unit 2 Bathroom - 468 Deer Park Lake Road, Spruce Pine
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 20 of 48
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 21 of 48
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 22 of 48
Side view - 468 Deer Park Lake Road, Spruce Pine
Large flat Yard - 468 Deer Park Lake Road, Spruce Pine
Lower level Units - 468 Deer Park Lake Road, Spruce Pine
Lower level units - 468 Deer Park Lake Road, Spruce Pine
Lower level view - 468 Deer Park Lake Road, Spruce Pine
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 28 of 48
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 29 of 48
Aerial View - 468 Deer Park Lake Road, Spruce Pine
Covered carport - 468 Deer Park Lake Road, Spruce Pine
Walkway to Unit 2 - 468 Deer Park Lake Road, Spruce Pine
Front of house- unit 2 - 468 Deer Park Lake Road, Spruce Pine
Side view of property - 468 Deer Park Lake Road, Spruce Pine
Driveway to lower level - 468 Deer Park Lake Road, Spruce Pine
Lower level 3 & 4 Units - 468 Deer Park Lake Road, Spruce Pine
Unit 1 Living Room - 468 Deer Park Lake Road, Spruce Pine
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 38 of 48
Unit 3 Kitchen - 468 Deer Park Lake Road, Spruce Pine
Unit 3 - 468 Deer Park Lake Road, Spruce Pine
Unit 4 Kitchen - 468 Deer Park Lake Road, Spruce Pine
Unit 4 Bathroom - 468 Deer Park Lake Road, Spruce Pine
Unit 3 - 468 Deer Park Lake Road, Spruce Pine
Unit 3 New bathroom - 468 Deer Park Lake Road, Spruce Pine
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 45 of 48
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 46 of 48
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 47 of 48
Fourplex at 468 Deer Park Lake Road, Spruce Pine, photo 48 of 48
48 photos

$544,900

468 Deer Park Lake Road
Spruce Pine, NC 28777
Listed by Melissa Miller · Absolute Bespoke Properties LLC
Bedrooms
7
Bathrooms
5
Living area
4,342 sqft
Year built
1968

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.

Property details

MLS
Canopy MLS
MLS #
CAR4068097
Property type
Fourplex
Subdivision
none
Status
Active
Days on market
750
On market date
September 12, 2023
Stories
N/A
Total bathrooms
5
Garage spaces
1
Parking spaces
6
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Deyton Elementary
0.84 mi away · Grades 3-5
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
215
Student:teacher ratio
13.4:1
District
Mitchell County Schools
Middle
Bowman Middle
7.11 mi away · Grades 5-8
Zoned school (attendance boundary, 2015-16 data)
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
208
Student:teacher ratio
12.2:1
District
Mitchell County Schools
High
Mayland Early College
4.23 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
113
Student:teacher ratio
22.6:1
District
Mitchell County Schools

Walkability

Blended score for Spruce Pine's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

25
Car-dependent
out of 100
EPA National Walkability Index
7.5 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Spruce Pine, from live MLS data.

On the market 750 days -- 632 more days than Spruce Pine's current average of 118 days.
For reference, the median list price across 120 active listings in Spruce Pine right now is $299,950.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$3,431/mo
$108,980 down
$435,920 loan
Principal & interest$2,827
Property tax (est.)$454
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 21 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.