Welcome to your own mountain getaway just minutes from beautiful Lake James! This move-in-ready 3-bedroom, 1-bath home offers the perfect blend of comfort, relaxation, and investment opportunity. Currently operating as a successful Airbnb with great income, this property is ready to continue as a short-term rental or become your full-time residence, vacation home, or weekend retreat. Enjoy long-range mountain views from the property, along with a private pool and hot tub—perfect for unwinding after a day of exploring. The home comes fully furnished, making the transition to either personal use or continued rental income incredibly easy. Outdoor enthusiasts will love the convenient location near Lake James, offering opportunities for boating, fishing, swimming, and water recreation, while nearby hiking trails provide endless opportunities to explore the beautiful North Carolina mountains. Whether you're looking for a turn-key investment or a place to call home, this property offers an incredible opportunity to enjoy the Lake James lifestyle while generating income. Come see why this mountain retreat the perfect place is to invest, relax, and make lasting memories!
Active
Price cut: $10.1K (10/21)
$374,900
7693 S Mountain Institute Rd, Nebo, NC 28761
3beds
997sqft
Single Family Residence
Built in 1962
0.41 Acres Lot
$-- Zestimate®
$376/sqft
$-- HOA
What's special
Long-range mountain viewsFully furnished
- 45 days
- 796
- 53
Zillow last checked:
Listing updated:
Listed by:
Alex Daigle alex.daigle@nestrealty.com,
Nest Realty Morganton
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4418624
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Bar Fridge, Dishwasher, Electric Range, Microwave, Refrigerator, Washer/Dryer
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total structure area: 997
- Total interior livable area: 997 sqft
- Finished area above ground: 997
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Detached Carport, Driveway, Detached Garage, Garage on Main Level
- Garage spaces: 2
- Carport spaces: 2
- Covered spaces: 4
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Outdoor Shower
- Pool features: Above Ground
- Has spa: Yes
- Spa features: Heated
- Has view: Yes
- View description: Long Range, Mountain(s)
Lot
- Size: 0.41 Acres
- Features: Views
Details
- Parcel number: 19104
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Wood
- Roof: Aluminum
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Nebo
Financial & listing details
- Price per square foot: $376/sqft
- Tax assessed value: $172,360
- Annual tax amount: $732
- Date on market: 9/9/2026
- Cumulative days on market: 46 days
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/21/2026 | Price change | $374,900-2.6%$376/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4418624 Report a problem | ||
| 9/9/2026 | Listed for sale | $385,000+42.5%$386/sqft |
Source: Canopy MLS as distributed by MLS GRID #4418624 Report a problem | ||
| 2/25/2025 | Sold | $270,175-5.2%$271/sqft |
Source: Public Record Report a problem | ||
| 11/20/2024 | Listed for sale | $285,000$286/sqft |
Source: Canopy MLS as distributed by MLS GRID #4185611 Report a problem | ||
| 11/7/2024 | Pending sale | $285,000$286/sqft |
Source: Canopy MLS as distributed by MLS GRID #4185611 Report a problem | ||
| 10/15/2024 | Price change | $285,000-5%$286/sqft |
Source: Canopy MLS as distributed by MLS GRID #4185611 Report a problem | ||
| 9/26/2024 | Listed for sale | $300,000-14.3%$301/sqft |
Source: Canopy MLS as distributed by MLS GRID #4185611 Report a problem | ||
| 7/24/2024 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/9/2024 | Listed for sale | $350,000+17.1%$351/sqft |
Source: Owner Report a problem | ||
| 4/20/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/19/2024 | Price change | $2,500+4.2%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/5/2024 | Price change | $2,400-14.3%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2024 | Listed for rent | $2,800+16.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/12/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/22/2023 | Listed for rent | $2,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/19/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 7/29/2023 | Listed for rent | $2,400$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/5/2022 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 12/29/2021 | Listed for rent | $2,400$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 10/4/2021 | Listing removed | -- |
Source: Canopy MLS as distributed by MLS GRID #3780330 Report a problem | ||
| 9/12/2021 | Price change | $299,000-14.3%$300/sqft |
Source: Canopy MLS as distributed by MLS GRID #3780330 Report a problem | ||
| 9/2/2021 | Listed for sale | $349,000+16.7%$350/sqft |
Source: Canopy MLS as distributed by MLS GRID #3780330 Report a problem | ||
| 7/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/14/2021 | Listed for sale | $299,000+398.3%$300/sqft |
Source: Owner Report a problem | ||
| 9/25/2018 | Sold | $60,000$60/sqft |
Source: Canopy MLS as distributed by MLS GRID #B32114 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $732 -0.1% | $172,360 +81.9% |
| 2024 | $732 | $94,779 |
| 2023 | $732 +10.7% | $94,779 +33.3% |
| 2022 | $662 +0.9% | $71,125 |
| 2021 | $656 +0.6% | $71,125 |
| 2020 | $652 +26.9% | $71,125 |
| 2019 | $514 -17.6% | $71,125 +5.1% |
| 2018 | $623 +2.8% | $67,655 |
| 2017 | $606 | $67,655 |
| 2016 | $606 -2.8% | $67,655 |
| 2015 | $624 | $67,655 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 28761
Nearby schools
Schools provided by the listing agent
- Elementary: Glen Alpine
- Middle: Table Rock
- High: Freedom
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.
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