NOT LISTED FOR SALE

79 Clear Sail Way Unit 61 Nebo, NC 28761

Lake James Neighborhood

Estimated Value: $2,037,000 - $2,467,000

1.08 Acres
$2,116,422 Price per Acre
47,045 Sq Ft Lot

Last Sold December 11, 2020

Last sale price $378,500

Est. 504% increase in value since last sale

Current estimated payment $12,903/month

489 Days on Market

Highlights

  • Access To Lake
  • Private Lot
  • Community Pool
  • Waterfront
  • Wooded Lot
  • Cul-De-Sac

About This Lot

As of December 2020

Eye-popping views from this flat, point lot reaching out into the wide channel of Lake James. Pointing almost due east, this lot allows for beautiful sunrise views over your future dock with miles of shimmering Lake James water and the South Mountains in the distance. Turn north from the point and gaze into the Linville Gorge and Shortoff Mountain, a time-honored Lake James benchmark view. The Peninsula on Lake James amenities included a waterfront pool and gathering area. Short term rentals are allowed. Low HOA fees. Logical building restrictions and minimums.

Last Agent to Sell the Property

Fletcher Edens

Keller Williams Unified Brokerage Email: fletcher@nclakejames.com License #226103 Listed on: 05/28/2019

Keller Williams Unified

Co-Listed By

Bryan Jones

Keller Williams Unified Brokerage Email: fletcher@nclakejames.com License #212972

Last Buyer's Agent

Polly Leadbetter

Engel & Volkers Foothills Lake James License #210179

Engel & Volkers Foothills Lake James

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,711

Lot Details

  • 1.08 Acre Lot
  • Waterfront
  • Property fronts a private road
  • Cul-De-Sac
  • Private Lot
  • Level Lot
  • Wooded Lot
  • Possible uses of the property include Recreational, Residential
  • Property is zoned McDowell

HOA Fees

  • $59 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Basement

  • Exterior Basement Entry
  • Crawl Space

Schools

  • Mcdowell High School

Utilities

  • Underground Utilities
  • Community Well
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1734-00-01-6848

Community Details

Overview

  • The Peninsula At Lake James Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool
  • Access To Lake

Property Details

Property Type

Land

Est. Annual Taxes

$8,711

Lot Details

0

HOA Fees

$59 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Livestock Restriction,Manufactured Home Not Allowed,Other - See Remarks,Square Feet
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • ResoPropertyType: Land
  • Attribution Contact: fletcher@nclakejames.com
  • Special Features: None

Interior Features

  • Foundation Details: Crawl Space
  • Possible Use: Recreational, Residential
  • Has Basement: Exterior Entry
  • Basement YN: Yes
  • Room Count: 0

Exterior Features

  • Exterior Features: Other - See Remarks
  • View: Long Range, Mountain(s), Water, Year Round
  • Water Body Name: Lake James
  • Waterfront Features: Lake, Other - See Remarks
  • Other Structures: None

Utilities

  • Sewer: Septic Needed
  • Utilities: Underground Utilities
  • Water Source: Community Well, Well Needed

Condo/Co-op/Association

  • Community Features: Gated, Lake Access, Outdoor Pool
  • Association Fee: 705
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Association: Yes
  • ResoAssociationFeeFrequency: Annually

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: Required

Lot Info

  • Lot Features: Cul-De-Sac, Level, Private, Views, Waterfront, Wooded, Lake On Property
  • Lot Size Area: 1.08
  • Lot Size Units: Acres
  • Parcel Number: 1734-00-01-6848
  • Can Be Subdivided: 0
  • Lot Size Acres: 1.08
  • Lot Size: Irregular
  • Lot Size Sq Ft: 47044
  • ResoLotSizeUnits: Acres
  • Zoning Specification: McDowell

Green Features

  • Green Verification Count: 1

MLS Schools

  • Elementary School: Unspecified
  • High School: McDowell

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2019
Closed on
Dec 10, 2020
Sold by
Clay Jarrett W and Clay Jamie Nicole
Bought by
Milligan Timothy E and Milligan Bonnie L
Seller's Agent
Fletcher Edens
Keller Williams Unified
Buyer's Agent
Polly Leadbetter
Engel & Volkers Foothills Lake James
List Price
$399,000
Sold Price
$378,500
Premium/Discount to List
-$20,500
-5.14%
Current Estimated Value
$2,285,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,907,236
Avg. Annual Appreciation
45.00%

Purchase Details

Closed on
Oct 6, 2016
Sold by
The Peninsula At Lake James Llc
Bought by
Clay Jarrett W and Clay Jamie Nicole
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Milligan Timothy E $378,500 None Available
Clay Jarrett W $375,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $378,500 -2.7% --
09/28/2020 09/28/20 Pending -- -- --
06/03/2020 06/03/20 Price Changed $389,000 -2.5% --
06/03/2020 06/03/20 For Sale $399,000 +5.4% --
05/25/2020 05/25/20 Off Market $378,500 -- --
05/28/2019 05/28/19 For Sale $399,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,711 $1,248,000 $500,000 $748,000
2024 $8,711 $1,248,000 $500,000 $748,000
2023 $3,490 $500,000 $500,000 $0
2022 $2,832 $400,000 $400,000 $0
2021 $2,752 $400,000 $400,000 $0
2020 $2,792 $400,000 $0 $0
2019 $2,792 $0 $0 $0
2017 $1,601 $250,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3512343

Canopy MLS (Canopy Realtor® Association)

APN: 1734-00-01-6848