431 Ridge Point Road, Unit 7

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Active
$64,000
Est: $425/moGet pre-approved
67,953 Lot Size1.56 Acres

431 Ridge Point Rd, Unit 7, Nebo, NC 28761

LandProperty Type
1.56 acresLot Size
$1,000/yrHOA Fees

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.
178 days on Market
  • Listed by: • EXP Realty LLC Ballantyne 828-337-2200
Last updated: 06/23/2026 07:09 PM • Source: CANOPY, MLS#: 4374856
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Location

Listing Courtesy of EXP Realty LLC Ballantyne
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$425 per month

30 year fixed, 7.03% Interest

Principal and Interest

$342

Property Taxes

$0

HOA Dues

$83

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Property Information for 431 Ridge Point Road, Unit 7

Property Details

  • MLS Type: Land / Lot
  • County: McDowell County
  • 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

Building Information

  • Lot Size: 1.56 AC

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
Jun 23, 2026

Price Change

CANOPY #4374856

$64,000
—
May 2, 2026

Listed (Active)

CANOPY #4374856

$69,000
—
May 20, 2025

Expired

CANOPY #4186405

$69,000
—
DateEvent & SourcePrice
06/23/2026

Price Change

CANOPY #4374856

$64,000
05/02/2026

Listed (Active)

CANOPY #4374856

$69,000
05/20/2025

Expired

CANOPY #4186405

$69,000

For completeness, we 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
North Cove Elementary School
Public - PK to 5
West McDowell Junior High School
Public - 6 to 8
McDowell High School
Public - 9 to 12
Eastfield Elementary School
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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More information about 431 Ridge Point Road, Unit 7, Nebo, NC 28761

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 $64,000. 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 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 EXP Realty LLC Ballantyne

Based on information submitted to the MLS GRID as of 06/23/2026 07:09 PM. 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.