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  • $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
    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!
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    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#: 4356083MLS Logo

    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
    DateEventPrice
    3/11/2026Listed for sale$119,900
    Source: Canopy MLS as distributed by MLS GRID #4356083 Report a problem
    8/1/2025Listing removed$119,900
    Source: Canopy MLS as distributed by MLS GRID #4220818 Report a problem
    2/7/2025Listed for sale$119,900+49.9%
    Source: Canopy MLS as distributed by MLS GRID #4220818 Report a problem
    11/2/2021Sold$80,000
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
    All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
    HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
    Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
    See how much you could borrow to make a competitive offer.

    Boost your down payment with 6% savings match

    Earn up to a 6% match & get a competitive APY with a *. Zillow has partnered with to help get you home faster.

    Learn more*Terms apply. Match provided by Foyer. Account offered by Pacific West Bank, Member FDIC.

    Climate risks

    Neighborhood: 28761

    Getting around

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    Local experts in 28761

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