$199,000
$82K PRICE DROP

TBD Peninsula Reserve Dr Unit 6 & 27 Nebo, NC 28761

Lake James Neighborhood

Estimated payment $1,400/month

Total Views 4,026
5.72 Acres
$34,790 Price per Acre
249,163 Sq Ft Lot

Highlights

  • Covered Dock
  • Waterfront
  • Private Lot
  • Access To Lake
  • Hilly Lot
  • Wooded Lot

About This Lot

This 5.72 acre interior lot is located in the gated waterfront community of The Peninsula at Lake James. Owner is selling both lots together for a larger tract of land. A great gently sloping lot with flat areas as well and mountain and lake views to build your dream home across the street from Lake James. This land could be your primary residence or vacation home. Short term rentals are allowed. Gently rolling with possible winter views of Shortoff Mountain and Hawks Bill Mountains. Community well in place for use. Community amenities include a waterfront pool with picnic area and bathrooms, floating community day dock, and 2 boat storage spaces.Located minutes away from Black Bear Marina, Fonta Flora Brewery, or Fonta Flora trail for hiking and mtn biking. Only 18 min to Marion, 20 min to Morganton, 40 min to Linville Falls, 1 hour to Asheville and 1.5 hours to Charlotte airport. You are in the middle of the best of the Blue Ridge Mountains. Lots can be sold separately if interested.

Listing Agent

Melissa Plemmons

EXP Realty LLC Ballantyne Brokerage Phone: 828-337-2200 License #330224 Listed on: 07/01/2025

EXP Realty LLC Ballantyne

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Private Lot
  • Level Lot
  • Hilly Lot
  • Wooded Lot
  • Possible uses of the property include Private Estate, Recreational, Residential

HOA Fees

  • $125 Monthly HOA Fees

Property Views

  • Water
  • Mountain

Schools

  • Nebo Elementary School
  • East Mcdowell Middle School
  • Mcdowell High School

Utilities

  • Community Well
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 1724-00-93-2261 & 172400930049

Community Details

Overview

  • Cedar Management Group Association, Phone Number (877) 252-3327
  • The Peninsula At Lake James Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area

Recreation

  • Recreation Facilities
  • Community Pool
  • Access To Lake
  • Covered Dock

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Lot
  • Habitable Residence Yn: No
  • Restrictions: Architectural Review,Building,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet
  • Special Assessment Yn: 0
  • Road Surface Type: Paved
  • Geocode Confidence: High
  • Attribution Contact: 828-337-2200
  • Special Features: None

Interior Features

  • Possible Use: Private Estate, Recreational, Residential

Exterior Features

  • View: Mountain(s), Water, Winter, Year Round
  • Water Body Name: Lake James
  • Waterfront Features: Covered structure, Boat Slip – Community
  • Waterfront Elevation: 1000
  • Foundation Details Proposed: Basement,Crawl Space,Slab

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, Gated, Lake Access, Outdoor Pool, Picnic Area, Recreation Area, Other
  • Association Fee: 1500
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: Cedar Management Group
  • Phone: 877-252-3327
  • Association Email: mmenzes@mycmg.com

Association/Amenities

  • Association Annual Expense: 1500.00

Schools

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

Lot Info

  • Lot Features: Hilly, Level, Private, Wooded, Views, Waterfront
  • Lot Size Area: 5.72
  • Lot Size Units: Acres
  • Parcel Number: 1724-00-93-2261 & 172400930049
  • Horse Amenities: None
  • Additional Parcels: No
  • Zoning Specification: RES

MLS Schools

  • Elementary School: Nebo
  • High School: McDowell

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $199,000 -29.2% --
07/01/2025 07/01/25 For Sale $281,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4268404

Canopy MLS (Canopy Realtor® Association)