Discover the perfect canvas for your dream home with this 2.86-acre interior lot in a prestigious gated community The Peninsula at Lake James. Ideally situated directly across from the community pool and dock, this gently sloping lot offers both convenience and tranquility, with breathtaking views of Shortoff Mountain providing a serene and picturesque backdrop. Featuring a 4 bedroom septic improvement permit already on file, the property is primed for your ideal residence. The Peninsula has lots of amenities such as the community pool, day dock, (both right across the street) and on site boat storage area. Experience the best of lake living and outdoor enjoyment in a community that combines natural beauty with modern amenities. Don’t miss this rare opportunity to secure a prime piece of property in one of the area’s most sought-after neighborhoods and start building the home you've always envisioned!
Active
$119,900
254 Peninsula Reserve Rd, Nebo, NC 28761
--beds
--baths
2.86Acres
Unimproved Land
Built in ----
2.86 Acres Lot
$-- Zestimate®
$--/sqft
$95/mo HOA
What's special
Gently sloping lotSerene and picturesque backdrop
- 4 days |
- 82 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: March 11, 2026 at 06:34am
Listing Provided by:
Adam Johnson adam@greybeardrealty.com,
GreyBeard Realty
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4356083
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Features
- Waterfront features: Boat Slip – Community
Lot
- Size: 2.86 Acres
- Features: Private, Sloped, Views
Details
- Parcel number: 172400930425
- Zoning: McDowell
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Community Well, Well Needed
- Utilities for property: Cable Available, Propane, Underground Utilities
Community & HOA
Community
- Features: Cabana, Gated, Lake Access, Recreation Area
HOA
- Has HOA: Yes
- HOA fee: $1,136 annually
- HOA name: Cedar Mgnt.
Location
- Region: Nebo
- Elevation: 1500 Feet
Financial & listing details
- Tax assessed value: $72,000
- Annual tax amount: $503
- Date on market: 3/11/2026
- Listing terms: Cash,Conventional,FHA,FHA 203(K),USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Listed for sale | $119,900 |
Source: | ||
| 8/1/2025 | Listing removed | $119,900 |
Source: | ||
| 2/7/2025 | Listed for sale | $119,900+49.9% |
Source: | ||
| 11/2/2021 | Sold | $80,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $503 | $72,000 |
| 2023 | $503 +18.3% | $72,000 +20% |
| 2022 | $425 +2.9% | $60,000 |
| 2021 | $413 -1.4% | $60,000 |
| 2020 | $419 -98.4% | $60,000 +50% |
| 2017 | $25,620 | $40,000 |
Find assessor info on the county website
BuyAbility℠ payment
Estimated monthly payment
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Neighborhood: 28761
Getting around
0 / 100
Car-DependentNearby schools
GreatSchools rating
- 4/10North Cove Elementary SchoolGrades: PK-5Distance: 5.9 mi
- 2/10West Mcdowell Junior High SchoolGrades: 6-8Distance: 7.1 mi
- 3/10Mcdowell High SchoolGrades: 9-12Distance: 7 mi





