Single Family Residence at 362 Captains Drive, Nebo
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$949,000

362 Captains Drive
Nebo, NC 28761
Listed by Dave Dribbon · GreyBeard Realty
Bedrooms
3
Bathrooms
2
Living area
2,224 sqft
Year built
2013

About this home

Experience unparalleled luxury in this fully furnished, turn-key estate offering some of the most breathtaking, unobstructed lake and mountain views at Lake James. Thoughtfully designed to maximize its surrounding scenery, the home frames majestic views of Grandfather Mountain and Shortoff Mountain from nearly every room, as well as from the expansive back patio and screened-in porch. Offered completely move-in ready, this versatile property lends itself beautifully to use as a primary residence, private vacation retreat, or high-potential short-term rental investment. Water enthusiasts will appreciate the added convenience of a deeded, single boat slip — #14 — located at the newly constructed Waters Edge Drive docks. Both the residence and its professionally designed landscaping have been meticulously maintained, showcasing thoughtful care and attention to detail at every turn. Situated within The Arbor, this home offers the ideal balance of secluded serenity and everyday convenience, standing as one of the closest Lake James communities to downtown Marion's shopping, dining, and amenities. Residents can fully embrace an active mountain lifestyle with immediate access to community hiking and biking trails, premier lake activities, and the historic charm of downtown Marion.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4404869
Property type
Single Family Residence
Subdivision
The Arbor at Lake James
Status
Active
Days on market
1
On market date
July 24, 2026
Stories
N/A
Total bathrooms
2
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
North Cove Elementary School
5.43 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
5.05 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
5.56 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 -- 273 fewer days than Nebo's current average of 274 days.
For reference, the median list price across 242 active listings in Nebo right now is $99,700.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$5,865/mo
$189,800 down
$759,200 loan
Principal & interest$4,924
Property tax (est.)$791
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 25, 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.