Welcome to lot 18-15 on Waters Edge Dr located in the Arbor at Lake James. - Lot 18-15 Waters Edge Drive, Nebo
The Arbor at Lake James also has a nice neighborhood pavillion located on Anchor Drive with a nice covered gathering area featuring a fireplace, picnic tables, seating, and a bathhouse. - Lot 18-15 Waters Edge Drive, Nebo
Lot at Lot 18-15 Waters Edge Drive, Nebo, photo 3 of 18
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This lot is conveniently located across the street from the boat and trailer lot. This storage area is hidden from Waters Edge Drive by landscaping so you will hardly know it is there. - Lot 18-15 Waters Edge Drive, Nebo
Use of this storage area is available for a fee and is gated and fenced. - Lot 18-15 Waters Edge Drive, Nebo
Lot at Lot 18-15 Waters Edge Drive, Nebo, photo 8 of 18
Lot 18-15 is a 1 acre lot. - Lot 18-15 Waters Edge Drive, Nebo
The lot's road frontage on Waters Edge Rd. - Lot 18-15 Waters Edge Drive, Nebo
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Lake James - Lot 18-15 Waters Edge Drive, Nebo
18 photos

$20,000

Lot 18-15 Waters Edge Drive
Nebo, NC 28761
Listed by Warren Greenlee · NorthGroup Real Estate LLC
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

What a bargain on this beautiful 1-acre wooded homesite in The Arbor at Lake James! Ideally positioned just inside the gated entrance and directly across from the community boat storage area, this property offers both convenience and privacy in one of Lake James’ desirable gated communities. The Arbor at Lake James is designed for an active, outdoor-oriented lifestyle, with miles of scenic neighborhood hiking trails, a lakefront community gathering area with direct access to Lake James, and a welcoming pavilion featuring a large wood-burning fireplace, outdoor gathering spaces and grills. High-speed fiber optic internet is available throughout the community, making it easy to enjoy the tranquility of the mountains without sacrificing connectivity. Optional boat storage is also available for an additional fee, making it easy to keep your lake toys close at hand. Beyond the neighborhood, Lake James provides endless opportunities for boating, fishing, kayaking, paddleboarding and simply enjoying the water. Nearby Lake James State Park offers additional hiking and biking trails, public lake access, camping, fishing and a seasonal swimming beach. The Fonta Flora State Trail adds even more opportunities for hiking, walking and cycling through the beautiful Lake James and Blue Ridge foothills region. Outdoor adventure is truly at your doorstep, with easy access to the Pisgah National Forest and the spectacular Linville Gorge area. When it’s time to explore beyond the great outdoors, nearby Marion and Morganton offer restaurants, shopping, breweries, services and entertainment, while Asheville is an easy day trip. Local attractions include Lake James marinas and boat rentals, Fonta Flora Brewery, Mica Town Brewing and numerous golf, winery and recreational opportunities throughout the foothills.

Property details

MLS
Canopy MLS
MLS #
CAR4416346
Property type
Lot
Subdivision
The Arbor at Lake James
Status
Active
Days on market
1
On market date
September 3, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Nebo Elementary School
1.54 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
352
Student:teacher ratio
14.1:1
District
McDowell County Schools
Middle
East McDowell Middle School
3.7 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
531
Student:teacher ratio
13.0:1
District
McDowell County Schools
High
McDowell Early College
4.92 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
254
Student:teacher ratio
23.1:1
District
McDowell County Schools

Walkability

Blended score for Nebo's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

28
Car-dependent
out of 100
EPA National Walkability Index
5.7 / 20 -- Least walkable

Market position

How this listing compares to current activity in Nebo, from live MLS data.

On the market 1 days -- 272 fewer days than Nebo's current average of 273 days.
For reference, the median list price across 243 active listings in Nebo right now is $97,574.

Mortgage calculator

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Est. monthly payment
$270/mo
$4,000 down
$16,000 loan
Principal & interest$104
Property tax (est.)$17
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated September 4, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.