Tucked inside the gated waterfront community of The Peninsula at Lake James, this 1.56-acre interior lot offers a gently sloping canvas ready for your dream home. Whether you're envisioning a full-time residence or a mountain retreat, short-term rentals are permitted — making this an equally compelling investment opportunity.
The lot rolls softly with potential winter views of Shortoff and Hawksbill Mountains, and a community well is already in place. Residents enjoy an impressive amenity package: a waterfront pool with picnic area and bathrooms, a floating community day dock, and convenient boat storage — all within walking distance of the lake.
Adventure is right outside your door. Black Bear Marina, Fonta Flora Brewery, and the Fonta Flora Trail for hiking and mountain biking are just minutes away. When you need a bit more, Marion is 18 minutes out, Morganton 20, Linville Falls 40, Asheville an hour, and Charlotte Douglas International just 90 minutes.
This is your chance to plant roots in the heart of the Blue Ridge Mountains.
Active
Price cut: $5K (6/23)
$64,000
431 Ridge Point Rd #7, Nebo, NC 28761
--beds
--baths
1.56Acres
Unimproved Land
Built in ----
1.56 Acres Lot
$-- Zestimate®
$--/sqft
$108/mo HOA
What's special
Gently sloping canvas
- 89 days |
- 25 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Melissa Plemmons 828-337-2200,
EXP Realty LLC Ballantyne
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4374856
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Features
- Pool features: Community
- Has view: Yes
- View description: Mountain(s), Winter
- Waterfront features: Covered structure, Boat Slip – Community
- Body of water: Lake James
Lot
- Size: 1.56 Acres
- Features: Hilly, Paved, Private, Rolling Slope, Wooded, Views
Details
- Parcel number: 172400832547
- Zoning: R-1
- Special conditions: Standard
- Horse amenities: None
Utilities & green energy
- Sewer: Septic Needed
- Water: Community Well
- Utilities for property: Underground Utilities
Community & HOA
Community
- Features: Boat Storage, Clubhouse, Gated, Lake Access, Picnic Area, Recreation Area
- Subdivision: The Peninsula at Lake James
HOA
- Has HOA: Yes
- HOA fee: $1,000 annually
- HOA name: Cedar Management
- HOA phone: 877-252-3327
- Second HOA fee: $300 annually
Location
- Region: Nebo
- Elevation: 1000 Feet
Financial & listing details
- Tax assessed value: $50,000
- Date on market: 5/2/2026
- Cumulative days on market: 89 days
- Listing terms: Cash,Conventional
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/23/2026 | Price change | $64,000-7.2% |
Source:  Canopy MLS as distributed by MLS GRID #4374856 Report a problem | ||
| 5/3/2026 | Listed for sale | $69,000 |
Source: Canopy MLS as distributed by MLS GRID #4374856 Report a problem | ||
| 5/21/2025 | Listing removed | $69,000 |
Source: Canopy MLS as distributed by MLS GRID #4186405 Report a problem | ||
| 4/30/2025 | Price change | $69,000-8% |
Source: Canopy MLS as distributed by MLS GRID #4186405 Report a problem | ||
| 2/20/2025 | Price change | $75,000-5.1% |
Source: Canopy MLS as distributed by MLS GRID #4186405 Report a problem | ||
| 11/19/2024 | Price change | $79,000-16.8% |
Source: Canopy MLS as distributed by MLS GRID #4186405 Report a problem | ||
| 9/25/2024 | Listed for sale | $95,000 |
Source: Canopy MLS as distributed by MLS GRID #4186405 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 28761
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 4/10North Cove Elementary SchoolGrades: PK-5Distance: 5.7 mi
- 3/10West McDowell Junior High SchoolGrades: 6-8Distance: 7 mi
- 2/10McDowell High SchoolGrades: 9-12Distance: 6.9 mi
Schools provided by the listing agent
- Elementary: Nebo
- Middle: East McDowell
- High: McDowell
Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- $50,000-- bd-- ba-- sqft431 Ridge Point Rd, Nebo, NC 28761Off Market
- $80,000-- bd-- ba-- sqft475 Ridge Point Rd, Nebo, NC 28761Off Market
- $149,0002.89 Acres507 Ridge Point Rd, Nebo, NC 28761Lot/Land
- $17,000-- bd-- ba-- sqft510 Ridge Point Rd, Nebo, NC 28761Sold
- $17,0001.67 AcresV/l Ridge Point Rd #1, Nebo, NC 28761Sold
- $50,000-- bd-- ba-- sqft253 Ridge Point Rd, Nebo, NC 28761Off Market
- $60,0001.74 AcresRidge Point Rd #3, Nebo, NC 28761Sold
- $50,0001.85 AcresV/l Ridge Point Rd #19, Nebo, NC 28761Lot/Land
A local agent can set up tours, give advice and negotiate with sellers.
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