597 Peninsula Reserve Rd, Unit 34

Nebo, NC 28761

$76,400
Price
112,820 / 2.59
Lot Size / Acres
a view of outdoor space and yard
a view of a house with a yard
an aerial view of a house
a view of a city with mountains in the background
a view of lake
a view of outdoor space and yard
a view of a city with lush green forest
a view of a city with lush green forest
a view of a lake with a house
an aerial view of residential house with outdoor space and trees all around
a view of a forest with lots of trees
an aerial view of residential house with space and trees all around
a view of a forest with a tree
a view of a city with lush green forest
a view of a backyard of the house
a view of a backyard
a view of a pathway both side of a house with a yard
a view of a water covered with trees
a view of a forest with a forest
an aerial view of residential house with outdoor space and trees all around

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....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. 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.
  1. Listed by Melissa Plemmons • EXP Realty LLC Ballantyne • 828-337-2200

Property Details for 597 Peninsula Reserve Road, Unit 34

Waterfront Features
Boat Slip – Community
View
Mountain(s)
Community Features
Boat Storage, Gated, Lake Access, Outdoor Pool, Picnic Area
Subdivision Name
The Peninsula at Lake James
LISTING UPDATED: 12/04/2025 09:01 AM

Property Details for 597 Peninsula Reserve Road, Unit 34

StatusActive
MLS #4326985
Days on Market20
Taxes-
HOA Fees$1,200 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size2.59 AC
CountyMcDowell County

Location

Listing Courtesy of EXP Realty LLC Ballantyne
Add your commute

Building Information for 597 Peninsula Reserve Road, Unit 34

Lot Size2.59 AC

Payment Calculator

$478 per month

30 year fixed, 6.28% Interest

Principal and Interest

$378

Property Taxes

$0

HOA Dues

$100

The Payment Calculator is for illustrative purposes only.

Property Information for 597 Peninsula Reserve Road, Unit 34

Summary
Location and General Information
  • Water Body Name: Lake James
  • Road Frontage Type: Private Road
  • Longitude: -81.936555
  • Latitude: 35.754834
  • 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.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: Cedar Management
  • HOA Email: mimenezes@mycmg.com
  • HOA Phone: 877-252-3327
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Annual Expense: $1,200.00
  • Tax Assessed Value: $48,000.00
  • Parcel Number: 1724-00-82-8554
  • 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: Paved, Rolling Slope, Sloped, Wooded, Views
  • Lot Size Units: Acres
  • Possible Use: Private Estate, Recreational, Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: High
  • Photos Count: 24
  • Road Responsibility: Private Maintained Road
  • Foundation Details Proposed: Basement,Crawl Space
  • Senior Community YN: No
  • Restrictions: Architectural Review, Building, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet
Utilities
  • Sewer: Septic Needed
  • Utilities: Underground Power Lines, 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 597 Peninsula Reserve Road, Unit 34

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Listed (Active)

CANOPY #4326985

$76,400—
Sep 4, 2024

Closed

CANOPY #4055740

$53,000—
Apr 22, 2024

Temporarily Off Market

CANOPY #4055740

$59,500—
Nov 7, 2023

Price Change

CANOPY #4055740

$59,900—
Aug 9, 2023

Listed (Active)

CANOPY #4055740

$60,000—
Sep 30, 2022

Closed

CANOPY #3714301

$46,000—
Jun 27, 2022

Under Contract-No Show

CANOPY #3714301

—
Jun 27, 2022

Under Contract-Show

CANOPY #3714301

—
Mar 1, 2022

Expired

CANOPY #3714301

$49,900—
Mar 5, 2021

Listed (Active)

CANOPY #3714301

$49,900—
DateEvent & SourcePrice
12/04/2025

Listed (Active)

CANOPY #4326985

$76,400
09/04/2024

Closed

CANOPY #4055740

$53,000
04/22/2024

Temporarily Off Market

CANOPY #4055740

$59,500
11/07/2023

Price Change

CANOPY #4055740

$59,900
08/09/2023

Listed (Active)

CANOPY #4055740

$60,000
09/30/2022

Closed

CANOPY #3714301

$46,000
06/27/2022

Under Contract-No Show

CANOPY #3714301

—
06/27/2022

Under Contract-Show

CANOPY #3714301

—
03/01/2022

Expired

CANOPY #3714301

$49,900
03/05/2021

Listed (Active)

CANOPY #3714301

$49,900

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

Schools near 597 Peninsula Reserve Road, Unit 34

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 597 Peninsula Reserve Road, Unit 34, Nebo, NC 28761

597 Peninsula Reserve Road, Unit 34 is a 2.59 ac of land for sale in Nebo, NC 28761. This property was listed for sale on December 4, 2025 by EXP Realty LLC Ballantyne, it's currently listed at $76,400. It has been on the market for a total of 20 days and was last sold on September 4, 2024. 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. 597 Peninsula Reserve Road, Unit 34 is a 0-bed, 0-bath, 2.59 ac of land on a 112,820 sq. ft. / 2.59 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 makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of EXP Realty LLC Ballantyne

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/24/2025 07:18 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.