Last Sold Price
124,581 Lot Size2.86 Acres
254 Peninsula Reserve Rd, Nebo, NC 28761

Description

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...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!
LISTING CLOSED: 06/11/2026 12:00 AM

  1. Listed by GreyBeard Realty • adam@greybeardrealty.com

Property Details for 254 Peninsula Reserve Road

Status
MLS #
4356083
Days on Market
56
Taxes
-
HOA Fees
$1,136 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Land / Lot
Year Built
-
Lot Size
2.86 AC
Waterfront Features
Boat Slip – Community
Community Features
Cabana, Gated, Lake Access, Recreation Area

Location

Listing Courtesy of GreyBeard Realty

Sold By Nest Realty Morganton

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Building Information for 254 Peninsula Reserve Road

Lot Size2.86 AC

Payment Calculator

$620 per month

30 year fixed, 6.55% Interest

Principal and Interest

$483

Property Taxes

$42

HOA Dues

$95

The Payment Calculator is for illustrative purposes only.

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Property Information for 254 Peninsula Reserve Road

Summary
Location and General Information
  • Road Frontage Type: Private Road
  • Longitude: -81.936088
  • Latitude: 35.757339
  • Directions: Take Lake James Road to Peninsula Reserve Road and gated entrance into The Peninsula. On Peninsula Reserve Road, Lot #4 is on the right just prior to the entrance to the community pool and day dock on the left.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: Cedar Mgnt.
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Annual Expense: $1,136.00
  • Tax Assessed Value: $72,000.00
  • Parcel Number: 172400930425
  • City Taxes Paid To: Nebo
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Elevation: 1500
  • Below Grade Finished Area: 0.0
  • Sq Ft Building Minimum: 2000
  • Lot Features: Private, Sloped, Views
  • Lot Size Units: Acres
  • Possible Use: Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 38
  • Road Responsibility: Private Maintained Road
  • Foundation Details Proposed: Basement,Crawl Space
  • Senior Community YN: No
  • Plat Reference Section Pages: 0755
  • Restrictions: Architectural Review, Building
Utilities
  • Sewer: Septic Needed
  • Utilities: Cable Available, Propane, Underground Utilities
  • Water Source: Community Well, Well Needed
Interior and Exterior Features
Exterior Features
  • Pool Private YN: No
  • Road Surface Type: Paved
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 254 Peninsula Reserve Road

DateEvent & SourcePriceAppreciation
Jun 11, 2026

Closed

CANOPY #4356083

$95,000
May 27, 2026

Closed (Public Record)

Public Record #1942125070

$95,000

+3.8% / yr

May 6, 2026

Under Contract-Show

CANOPY #4356083

DateEvent & SourcePrice
06/11/2026

Closed

CANOPY #4356083

$95,000
05/27/2026

Closed (Public Record)

Public Record #1942125070

$95,000

+3.8% / yr

05/06/2026

Under Contract-Show

CANOPY #4356083

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 254 Peninsula Reserve Road

Taxable ValueLand$72,000Additions-Total$72,000
Tax Record2025$503 ($42 / month)
Home Facts
Lot Size124,582 SqFtStyleMiscellaneousCountyMCDOWELLAPN1724-00-93-0425

Schools near 254 Peninsula Reserve Road

This home is within Mcdowell County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
North Cove Elementary School
PublicPK to 5

West McDowell Junior High School
Public6 to 8

McDowell High School
Public9 to 12

Eastfield Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 254 Peninsula Reserve Road, Nebo, NC 28761
$95,000
124,581
$80,000
124,581
118,048
$53,000
112,820
$65,000
125,888
$70,000
125,888

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of GreyBeard Realty

Based on information submitted to the MLS GRID as of 06/11/2026 10:57 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.