
597 Peninsula Reserve Road 34, Nebo, NC 28761
The Peninsula at Lake James · McDowell County
Key Facts
Description
Come be a part of this wonderful gated lake community located by the beautiful waters of Lake James and minutes away from the grandeur of Linville Gorge views, hiking, wineries, and adventure. This lot is large, and private with over 500 feet of road frontage and would be perfect for having a home with that "living with nature" feeling. The community amenities includes a community well system, pool, pavillion, boat storage, and a community dock for day use and to spend some time floating in the water. Private wells are also allowed with county permitting. The lot already has a 4 bedroom septic permit, and with community water available, it'll make your steps to building your home that much simpler.
Property Information
Property Type
Land
Zoning
R
Days on Market
180
MLS® Listing#
4326985
Property Features
Exterior
Lot Features
Community
Utilities
Sewer
Schools
- Elementary:
- Nebo
- Middle:
- East McDowell
- High:
- McDowell
Financial Details
HOA
$1,200 / Annually
Cedar Management
Assessed Value
$48,000
Parcel Number
1724-00-82-8554
Directions
From I-40 exit 81, travel north on Harmony Grove Rd for 2.5 miles. Continue onto State Rd 1536 for 0.4 miles. Turn right onto NC 126-E for 6.5 miles. Turn left onto South Mountain Institute Road for 3 miles. Turn left into gate of The Peninsula.
Affordability Calculator
$13,360
Estimated monthly payment
$356/mo
Principal $53,440 · Est. interest $74,554 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Nebo, NC
- $711,111
- Median Listing Price
- 83
- Median Days on Market
- 2,346
- Median Sq Ft
- $289
- Median Price / Sq Ft
- 90
- Active Listings
- This home’s price is 91% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Nebo, NC.
Location
Points of Interest in Nebo, NC
Showing the Nebo area map.
Nearby Schools
Nebo Elementary School
Elementary · 3.0 mi away
Eastfield Global Magnet School
Elementary · 5.7 mi away
East McDowell Middle School- Student Services
Secondary · 5.9 mi away
North Cove Elementary School
Elementary · 6.0 mi away
New Manna Christian School
School · 6.3 mi away
New Manna Baptist Church
School · 6.3 mi away
Maranatha Baptist Church
School · 6.4 mi away
McDowell County Schools
School · 6.7 mi away
McDowell High School
Secondary · 7.1 mi away
West McDowell Middle School
Secondary · 7.1 mi away
Foothills Community School
Secondary · 8.5 mi away
McDowell Aec
School · 8.5 mi away
Pleasant Gardens Elementary School
Elementary · 8.8 mi away
Silver Creek Adventist School
School · 9.0 mi away
Glen Alpine Elementary School
Elementary · 9.1 mi away
Table Rock Middle School
Secondary · 9.3 mi away
Wa Young Elementary School
Elementary · 9.8 mi away
Oak Hill Elementary School
Elementary · 10.1 mi away
Glenwood Elementary School
Elementary · 10.3 mi away
Greenlee Primary School
Elementary · 11.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 00 Panorama Drive 13, Nebo, NC | $49,000 | — | — | — |
| 00 Sundance Drive 5-IV, Nebo, NC | $49,000 | — | — | — |
| Lot 488 Bella Vista Way 488, Nebo, NC | $49,900 | — | — | — |
| 9587 Shortoff View Terrace 57, Nebo, NC | $49,900 | — | — | — |
| V/L Ridge Point Road 19, Nebo, NC | $50,000 | — | — | — |
| Lot 1 Celestial Drive, Nebo, NC | $50,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Nebo
Listing Courtesy: EXP Realty LLC Ballantyne - 828-337-2200
Last Updated: 2025-12-04
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