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Clubhouse
Community Saltwater Pool
Community Pool
Community Dock
Boat Storage
21 photos

$495,000

Nebo, NC 28761
Listed by Marilyn Varnes · Berkshire Hathaway HomeServices Blue Ridge REALTORS®
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

LAKE JAMES & BLUE RIDGE MOUNTAIN VIEWS! Build your waterfront dream home or lakeside retreat in The Peninsula at Lake James, a premier gated mountain lake community. Lot has been approved for a dock permit. It did expire Oct 2025, yet will be easy to get approved again. 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. Ask your agent to see the dock drawings that have been approved!

Property details

MLS #
CAR4354838
Property type
Lot
Subdivision
The Peninsula at Lake James
Status
Active
Days on market
118
On market date
N/A
Stories
N/A
Garage spaces
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Lot size
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
North Cove Elementary School
6.03 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
1.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
220
Student:teacher ratio
13.8:1
District
McDowell County Schools
Middle
West McDowell Middle School
6.51 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
648
Student:teacher ratio
15.8:1
District
McDowell County Schools
High
McDowell Early College
6.41 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

Mortgage calculator

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Est. monthly payment
$3,131/mo
$99,000 down
$396,000 loan
Principal & interest$2,568
Property tax (est.)$413
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 7, 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.