Discover the ultimate Lake James lifestyle in the gated community of The Arbor. This stunning craftsman home showcases remarkable post-and-beam construction, with exposed beams & cathedral ceilings. Large windows frame breathtaking views of the lake, inviting the natural beauty indoors. The interior highlights natural wood finishes, custom-built-ins, & a grand wall of windows. The main floor features a well-appointed primary bedroom suite & a guest room. Upstairs, you'll find a loft, a wet bar, a bunk room, a bonus room, & two extra bathrooms. Gather in the living room or the inviting screened-in porch, both featuring beautiful fireplaces. This meticulously designed turn-key residence is ideal for entertaining & accommodating guests. Enjoy a usable backyard that includes a spacious private double-decker dock, perfect for your boating & water activities. Whether for personal enjoyment or as a short-term rental, this home makes the perfect retreat in the heart of Lake James.
Active
$1,690,000
54 Cottage Grove Dr, Nebo, NC 28761
3beds
2,920sqft
Est.:
Single Family Residence
Built in 2006
0.57 Acres Lot
$1,629,600 Zestimate®
$579/sqft
$72/mo HOA
What's special
Post-and-beam constructionBonus roomBeautiful fireplacesPrivate double-decker dockNatural wood finishesBunk roomWet bar
- 3 days
- on Zillow |
- 492 |
- 32 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: 18 hours ago
Listing Provided by:
Jannell Peterson 828-460-7508,
J. Peterson Realty & Associate
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4246913

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
- Area: 268.89 Square Feet
- Dimensions: 13' 8" X 19' 8"
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Electric Cooktop, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Tankless Water Heater, Wall Oven, Washer/Dryer
- Laundry: Utility Room, Inside, Main Level
Features
- Built-in Features, Kitchen Island, Open Floorplan, Pantry, Wet Bar
- Flooring: Carpet, Tile, Wood
- Has basement: No
- Fireplace features: Family Room, Gas Log, Porch, Wood Burning
Interior area
- Total structure area: 2,920
- Total interior livable area: 2,920 sqft
- Finished area above ground: 2,920
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Keypad Entry, Garage on Main Level
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Deck, Rear Porch, Screened, Side Porch
- Exterior features: Fire Pit, Dock
- Has spa: Yes
- Spa features: Heated
- Fencing: Back Yard,Partial,Wood
- Has view: Yes
- View description: Mountain(s), Water, Year Round
- Has water view: Yes
- Water view: Water
- Waterfront features: Dock, Personal Watercraft Lift, Pier, Waterfront
- Body of water: Lake James
Lot
- Size: 0.57 Acres
- Features: Cul-De-Sac, Level, Views
Details
- Parcel number: 171300922241
- Zoning: McDowell
- Special conditions: Standard
- Other equipment: Fuel Tank(s), Generator Hookup
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Post and Beam
- Property subtype: Single Family Residence
Materials
- Stone Veneer, Wood
- Foundation: Crawl Space
- Roof: Metal
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Electricity Connected, Propane, Underground Power Lines, Underground Utilities, Wired Internet Available
Community & HOA
Community
- Features: Boat Storage, Gated, Lake Access, Picnic Area, RV Storage, Street Lights, Walking Trails
- Security: Intercom, Security System, Smoke Detector(s)
- Subdivision: The Arbor at Lake James
HOA
- Has HOA: Yes
- HOA fee: $860 annually
Location
- Region: Nebo
Financial & listing details
- Price per square foot: $579/sqft
- Tax assessed value: $1,265,930
- Annual tax amount: $8,456
- Date on market: 5/2/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Concrete, Paved
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