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  • Price cut: $30K (4/21)
    $495,000

    154 W Point Dr, Nebo, NC 28761

    --beds
    --baths
    1.8Acres
    Unimproved Land
    Built in ----
    1.8 Acres Lot
    $-- Zestimate®
    $--/sqft
    $100/mo HOA

    What's special

    It’s all about the views! Build your waterfront dream home or lakeside retreat in The Peninsula at Lake James, a premier gated mountain lake community. This 1.80-acre waterfront homesite features a gentle slope and offers breathtaking, million-dollar views of the Blue Ridge Mountains and the pristine waters of Lake James—an ideal setting for your custom mountain getaway. Residents of The Peninsula enjoy exceptional community amenities, including a saltwater pool, pavilion, fire pit, community day dock, and boat storage. The neighborhood is continuing to grow, with beautiful custom homes currently under construction throughout the community. Waterfront opportunities on Lake James are becoming increasingly rare, and properties in this sought-after area are selling quickly—don’t miss your chance to own a piece of this incredible mountain lake lifestyle. Conveniently located less than an hour from Asheville and Black Mountain, the area also offers endless outdoor recreation. Explore nearby hiking destinations such as Table Rock, Shortoff Mountain, and Linville Gorge, or enjoy biking and hiking at Fonta Flora Trails and Lake James State Park. Spend your days on the water boating, fishing, and taking in the natural beauty that makes Lake James so special. Short-term rentals are allowed, offering excellent flexibility for personal use or investment potential.
    117 days
    |
    317
    |
    23
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Marilyn Varnes marilynvarnesNC@gmail.com,

    Berkshire Hathaway HomeServices Blue Ridge REALTORS®

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4354838MLS Logo

      Facts & features

      Interior

      Interior area
      • Finished area below ground: 0

      Property

      Features
      • Has view: Yes
      • View description: Long Range, Water, Year Round
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Boat Slip – Community, Waterfront
      • Body of water: Lake James
      Lot
      • Size: 1.8 Acres
      • Features: Rolling Slope, Views
      Details
      • Parcel number: 172300797848
      • Zoning: R-1
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Septic Needed
      • Water: Community Well, Tap Fee Required

      Community & HOA

      Community
      • Subdivision: The Peninsula at Lake James
      HOA
      • Has HOA: Yes
      • HOA fee: $1,200 annually
      • HOA name: Cedar Management
      • HOA phone: 877-252-3327
      Location
      • Region: Nebo

      Financial & listing details

      • Tax assessed value: $275,000
      • Date on market: 3/11/2026
      • Cumulative days on market: 118 days
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/21/2026Price change$495,000-5.7%
        Source: Canopy MLS as distributed by MLS GRID #4354838 Report a problem
        3/12/2026Listed for sale$525,000
        Source: Canopy MLS as distributed by MLS GRID #4354838 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28761

        Getting around

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