$699,000
UNDER CONTRACT $51K PRICE DROP

Estimated payment $4,642/month

Total Views 10,149
1.1 Acres
$635,455 Price per Acre
47,916 Sq Ft Lot

Highlights

  • Covered Dock
  • RV or Boat Storage in Community
  • Waterfront
  • Access To Lake
  • Gated Community
  • Clubhouse

About This Lot

Incredible Main Channel Lakefront Lot with Long-Range Views! Welcome to lot 131 of The Peninsula at Lake James. A rare opportunity to own one of the best remaining main channel lots on Lake James, offering sweeping mountain views and panoramic open water views. This spectacular property is tucked inside the Peninsula at Lake James, one of the area’s most desirable gated lakefront communities known for its upscale amenities and breathtaking natural beauty. Positioned on a sloping homesite, the lot provides an ideal setup for a walk-out basement, while offering year-round, uninterrupted views across the shimmering waters of Lake James and out to the Blue Ridge Mountains. With private dock eligibility (pending Duke Power approval), you'll have direct access to the lake’s beautiful water perfect for boating, paddle boarding, fishing, or relaxing with friends and family at sunset. This lot offers incredible flexibility with access to the community well system, or the option to install your own private well. Septic will need to be installed, and the lot has ample space for a home, driveway, and outdoor living areas. The Peninsula at Lake James offers a lifestyle of luxury, adventure, and relaxation, with amenities including: Outdoor Pool with mountain views Gated Entrance for privacy and peace of mind Boat Storage Area Community Day Docks for easy water access Picnic Pavilion Poolhouse Beyond the community, the location is unbeatable: just 20 minutes to Morganton or Marion, where you’ll find local shops, breweries, restaurants, and grocery stores, as well as easy access to Interstate 40. Nature lovers will love the proximity to Pisgah National Forest, Lake James State Park, the Fonta Flora Trail, Linville Gorge, and the scenic Blue Ridge Parkway, all within a short drive. Whether you're building a forever home, vacation getaway, or investment property, this lot is ideal for short-term rentals (STRs are allowed by the community). The demand for high end lakefront vacation homes in this area continues to grow. Don't miss this chance to own a piece of Western North Carolina paradise on one of the most stunning stretches of shoreline in the state. Schedule your showing today and see firsthand what makes 131 West Point Drive one of the best opportunities on Lake James.

Listing Agent

Chuck Johnson

Keller Williams Elite Realty Brokerage Email: chuckjohnson@kw.com License #243628 Listed on: 09/11/2025

Keller Williams Elite Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.1 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Possible uses of the property include Recreational, Residential
  • Property is zoned NA

HOA Fees

  • $108 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Schools

  • North Cove Elementary School
  • West Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Community Well
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1723-00-79-2941

Community Details

Overview

  • Cedar Management Group Association
  • The Peninsula At Lake James Subdivision

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • RV or Boat Storage in Community
  • Community Pool
  • Access To Lake
  • Covered Dock

Security

  • Gated Community

Property Details

Property Type

Land

Lot Details

1.1 Acres

HOA Fees

$108 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Geocode Confidence: Low
  • Attribution Contact: chuckjohnson@kw.com
  • Special Features: 4224

Interior Features

  • Possible Use: Recreational, Residential

Exterior Features

  • View: Mountain(s), Water
  • Water Body Name: Lake James
  • Waterfront Features: Boat Slip – Community, Covered structure

Garage/Parking

  • Carport Y N: No
  • Open Parking: No

Utilities

  • Sewer: Septic Needed
  • Water Source: Community Well

Condo/Co-op/Association

  • Community Features: Boat Storage, Clubhouse, Gated, Lake Access, Outdoor Pool, Picnic Area
  • Association Fee: 1300
  • Association Fee Frequency: Annually
  • Senior Community: No
  • Association Name: Cedar Management Group
  • Association: Yes

Association/Amenities

  • Association Annual Expense: 1300.00

Schools

  • Middle Or Junior School: West McDowell
  • HOA Subject To: Required

Lot Info

  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Parcel Number: 1723-00-79-2941
  • Plat Book Slide: 00028/00050
  • Lot Size Acres: 1.1
  • Additional Parcels: No
  • Zoning Specification: NA

MLS Schools

  • Elementary School: North Cove
  • High School: McDowell

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/22/2026 05/22/26 Price Changed $699,000 -6.8% --
09/11/2025 09/11/25 For Sale $750,000 -- --
Source: Canopy MLS

Source: Canopy MLS

MLS Number: 4301433

Canopy MLS
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