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Duplex Conversion Opportunity with Hot Tub
For Sale
$699,997

1086 Carters Ridge Road, Spruce Pine, NC 28777

MULTI_FAMILY - Spruce Pine, NC

Property SizeContact for details
Lot Size1.02 Acres
Days on Market14

Property Features for 1086 Carters Ridge Road

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bathroom 4, Bathroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Laundry Room, Basement, Bedroom 4, Bathroom 5, Bedroom 3, Bedroom 1
Parking features Underground/Basement, Garage - Attached, Driveway
Patio and Porch features Porch
Pets allowed Yes
Interior features Breakfast Bar, Kitchen Island, Split Bedroom
Exterior features Hot Tub
Fireplace 1
Basement Exterior Entry, Storage Space, Partially Finished, Interior Entry
Appliances Dishwasher, Gas Range, Microwave, Refrigerator, Washer/Dryer
Elementary school Greenlee Primary
Middle school Mitchell
High school Mitchell
Standard status Active
APN 0799-00-53-8270
Lot size 1.02 Acres

Taxes and HOA fees

Tax Description ACRES= 0.60 CARTERS RIDGE RD
Legal Description ACRES= 0.60 CARTERS RIDGE RD

Utilities

Utilities Cable Available
Heating system Ductless (Heating), Heat Pump (Heating)
Cooling system Heat Pump, Multi Units, Ductless
Water source Well

Amenities

screened-in porch with hot tub
covered porch
garage
tankless water heaters
multiple septic tanks

Building Details

Year built 1958
Number of units 2
Building materials Vinyl
Additional Structures Outbuilding
Listing Agency: RE/MAX Select · RE/MAX International
Listed By: Tracy Whisnant · License #247445
Added: Jul 22 Changed: Aug 2 Last Checked: Aug 4 at 9:06AM
MLS# 4406527

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property offers a flexible two-living-space layout that can support a duplex conversion, with additional basement-level living. The main level features two separate living areas: one side includes a private primary suite with kitchen, living room, laundry, half bath, and a screened-in porch with a hot tub; the other side includes two bedrooms, one full bath, a kitchen with breakfast area, dining room, living room, laundry, and a covered porch. The basement level adds a large bedroom and full bath, along with a garage and abundant storage.

In total, the home has 4 bedrooms and 3.5 bathrooms. The property sits on 1.02 acres with mountain views and includes multiple septic tanks and tankless water heaters. A new roof was installed in February 2025. Heating and cooling include heat pump and ductless systems, and utilities include cable available with water provided by a well.

Outside, there is a 60x26 outbuilding with roll-up doors, suitable for storage of ATVs, boats, or campers, or for use as a workshop.

Key Highlights

  • Flexible layout with two separate living spaces for duplex conversion
  • 4 bedrooms and 3.5 bathrooms with basement‑level living plus garage and storage
  • New roof installed February 2025

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Repair Shop Storage Facility Furniture & Home Goods Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

48
Businesses Nearby

Demographics for 28777, NC

10,635
Population
4,949
Households
2.1
Avg Household Size
45
Median Age
19%
College-Educated
88%
High-School Grad
71.8 sq mi
ZIP Area
148
Density / Sq Mi
$62,399
Median Household Income
$36,774
Median Earnings
$686
Median Rent
$206,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separate living spaces with a screened porch hot tub, plus basement living and a newer roof.
Where is this duplex located?
The property is located at 1086 Carters Ridge Road Spruce Pine, NC.
What is the asking price?
The asking price for this property is $699,997.
What are key features of this property?
This property features: Flexible layout with two separate living spaces for duplex conversion; 4 bedrooms and 3.5 bathrooms with basement‑level living plus garage and storage; New roof installed February 2025
More about this property
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