431 Ridge Point Rd, Unit 7

67,953 / 1.56
Lot Size / Acres

Description

Tucked inside the gated waterfront community of The Peninsula at Lake James, this 1.56-acre interior lot offers a gently sloping canvas ready for your dream home. Whether you're envisioning a full-time residence or a mountain retreat, short-term rentals are permitted — making this an equally compelling investment opportunity. The lot rolls softly with potential winter views of Shortoff and Hawksbill Mountains, and a community well is already in place. Residents enjoy an impressive amenity package:...Tucked inside the gated waterfront community of The Peninsula at Lake James, this 1.56-acre interior lot offers a gently sloping canvas ready for your dream home. Whether you're envisioning a full-time residence or a mountain retreat, short-term rentals are permitted — making this an equally compelling investment opportunity. The lot rolls softly with potential winter views of Shortoff and Hawksbill Mountains, and a community well is already in place. Residents enjoy an impressive amenity package: a waterfront pool with picnic area and bathrooms, a floating community day dock, and convenient boat storage — all within walking distance of the lake. Adventure is right outside your door. Black Bear Marina, Fonta Flora Brewery, and the Fonta Flora Trail for hiking and mountain biking are just minutes away. When you need a bit more, Marion is 18 minutes out, Morganton 20, Linville Falls 40, Asheville an hour, and Charlotte Douglas International just 90 minutes. This is your chance to plant roots in the heart of the Blue Ridge Mountains.
  1. Listed by Melissa Plemmons • EXP Realty LLC Ballantyne
    P: (828)-337-2200 C: (828)-337-2200 melissa.plemmons@exprealty.com

Property Details for 431 Ridge Point Road, Unit 7

Waterfront Features
Covered structure, Boat Slip – Community
View
Mountain(s), Winter
Community Features
Boat Storage, Clubhouse, Gated, Lake Access, Outdoor Pool, Picnic Area, Recreation Area
Subdivision Name
The Peninsula at Lake James
LISTING UPDATED: 05/03/2026 10:06 AM

Property Details for 431 Ridge Point Road, Unit 7

StatusActive
MLS #4374856
Days on Market2
Taxes-
HOA Fees$1,000 / year
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size1.56 AC
CountyMcDowell County

Location

Listing Courtesy of EXP Realty LLC Ballantyne
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Building Information for 431 Ridge Point Road, Unit 7

Lot Size1.56 AC

Payment Calculator

$431 per month

30 year fixed, 6.46% Interest

Principal and Interest

$347

Property Taxes

$0

HOA Dues

$83

The Payment Calculator is for illustrative purposes only.

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Property Information for 431 Ridge Point Road, Unit 7

Summary
Location and General Information
  • Water Body Name: Lake James
  • Road Frontage Type: Private Road
  • Longitude: -81.938699
  • Latitude: 35.757649
  • Directions: From Marion, travel on Lake James Rd., turn right to stay on Lake James Rd. The Peninsula is on the right. Go through the gate, travel on Peninsula Reserve Dr., turn right onto Ridge Point Rd. Lot will be on your left. No sign.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: Cedar Management
  • HOA Email: mmenezes@mycmg.com
  • HOA Phone: 877-252-3327
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Fee2: $300.00
  • HOA Fee2 Frequency: Annually
  • HOA Annual Expense: $1,300.00
  • Tax Assessed Value: $50,000.00
  • Parcel Number: 1724-00-83-2547
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: East McDowell
  • High School: McDowell
  • Elementary School: Nebo
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Elevation: 1000
  • Below Grade Finished Area: 0.0
  • Sq Ft Building Minimum: 1600
  • Lot Features: Hilly, Paved, Private, Rolling Slope, Wooded, Views
  • Lot Size Units: Acres
  • Possible Use: Private Estate, Recreational
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 20
  • Road Responsibility: Private Maintained Road
  • Foundation Details Proposed: Basement,Crawl Space,Slab
  • Senior Community YN: No
  • Restrictions: Architectural Review, Building, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet, Subdivision
Utilities
  • Sewer: Septic Needed
  • Utilities: Underground Utilities
  • Water Source: Community Well
Interior and Exterior Features
Exterior Features
  • Pool Private YN: No
  • Road Surface Type: Paved
  • Horse Amenities: None
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 431 Ridge Point Road, Unit 7

DateEvent & SourcePriceAppreciation
May 2, 2026

Listed (Active)

CANOPY #4374856

$69,000
May 20, 2025

Expired

CANOPY #4186405

$69,000
Feb 20, 2025

Price Change

CANOPY #4186405

$75,000
DateEvent & SourcePrice
05/02/2026

Listed (Active)

CANOPY #4374856

$69,000
05/20/2025

Expired

CANOPY #4186405

$69,000
02/20/2025

Price Change

CANOPY #4186405

$75,000

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

Schools near 431 Ridge Point Road, Unit 7

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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431 Ridge Point Road, Unit 7 is a 1.56 ac of land for sale in Nebo, NC 28761. This property was listed for sale on May 2, 2026 by EXP Realty LLC Ballantyne, it's currently listed at $69,000. This listing's school district is Mcdowell County School District. Nearby schools include North Cove Elementary School, West Mcdowell Junior High School and Mcdowell High School. 431 Ridge Point Road, Unit 7 is a 0-bed, 0-bath, 1.56 ac of land on a 67,953 sq. ft. / 1.56 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. 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 EXP Realty LLC Ballantyne

Based on information submitted to the MLS GRID as of 05/03/2026 10:06 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.