Single Family Residence at 7693 S Mountain Institute Road, Nebo
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$385,000

7693 S Mountain Institute Road
Nebo, NC 28761
Listed by Alex Daigle · Nest Realty Morganton
Bedrooms
3
Bathrooms
1
Living area
997 sqft
Year built
1962

About this home

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!

Highlights

Private pool

Property details

MLS
Canopy MLS
MLS #
CAR4418624
Property type
Single Family Residence
Subdivision
None
Status
Active
Days on market
35
On market date
September 9, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
2
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
Glen Alpine Elementary
8.43 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
329
Student:teacher ratio
14.3:1
District
Burke County Schools
Middle
Table Rock Middle
8.48 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
560
Student:teacher ratio
16.5:1
District
Burke County Schools
High
Burke Middle College
13.35 mi away · Grades 11-12
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
128
Student:teacher ratio
42.7:1
District
Burke 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). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

15
Very car-dependent
out of 100
EPA National Walkability Index
3.7 / 20 -- Least walkable
Google Places amenity density
10 / 100
Restaurants & cafes0
Grocery stores0
Parks2
Schools0
Transit stops0
Pharmacies0

Market position

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

On the market 35 days -- 239 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
$2,469/mo
$77,000 down
$308,000 loan
Principal & interest$1,998
Property tax (est.)$321
Home insurance (est.)$150

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

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.