Lake James Waterfront Land
For Sale
Under Contract
$699,000
131 West Point Drive, Nebo, NC 28761
LAND - Nebo, NC
Property SizeContact for details
Lot Size1.10 Acres
Days on Market347
Property Features for 131 West Point Drive
General Information
Property type
Land
Property subtype
Other
Subdivision
The Peninsula at Lake James
Lot features
Waterfront
View
Water
Elementary school
North Cove
Middle school
West McDowell
High school
McDowell
Standard status
Active Under Contract
APN
1723-00-79-2941
Lot size
1.10 Acres
Taxes and HOA fees
Tax Description
LOT #131 THE PENINSULA PH2 PB28/50 1.110 AC
HOA Fee
$1,300 Annually
Legal Description
LOT #131 THE PENINSULA PH2 PB28/50 1.110 AC
Utilities
Sewer type
Septic Needed
Water source
Well
Water front
1
Listing Agency:
Keller Williams Elite Realty · Keller Williams Realty
(828) 552-3776
Listed By:
Chuck Johnson · License #243628
(828) 338-8311
Added: Sep 11, 2025
Changed: Jul 14
Last Checked: Aug 23 at 5:06PM
MLS# 4301433
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1.1-acre main channel lakefront lot, located at 131 West Point Drive in Nebo, NC, offers long-range mountain and panoramic open water views. Situated in The Peninsula at Lake James, a gated lakefront community, the property is positioned on a sloping homesite suitable for a walk-out basement. The lot is eligible for a private dock, pending Duke Power approval, providing direct access to Lake James. The property has access to the community well system, with the option to install a private well. A septic system will need to be installed. The Peninsula at Lake James offers amenities including an outdoor pool with mountain views, a gated entrance, a boat storage area, community day docks, a picnic pavilion, and a poolhouse. The property is located approximately 20 minutes from Morganton or Marion, offering access to local shops, breweries, restaurants, grocery stores, and Interstate 40. Nearby natural attractions include Pisgah National Forest, Lake James State Park, the Fonta Flora Trail, Linville Gorge, and the Blue Ridge Parkway. This lot is suitable for short-term rentals, and ideal for a vacation getaway, investment property, or forever home.
Key Highlights
- Rare main channel lakefront lot with long‑range mountain and open water views
- Private dock eligibility for direct lake access
- Located in The Peninsula at Lake James, a desirable gated community with upscale amenities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
90
Businesses Nearby
Explore this area
Business Placement
Demographics for 28761, NC
8,317
Population
3,864
Households
2.2
Avg Household Size
49
Median Age
22%
College-Educated
85%
High-School Grad
103.8 sq mi
ZIP Area
80
Density / Sq Mi
$68,152
Median Household Income
$34,329
Median Earnings
$1,052
Median Rent
$171,600
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Main channel lakefront lot with long-range mountain and water views.
Where is this waterfront land located?
The property is located at 131 West Point Drive Nebo, NC.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Rare main channel lakefront lot with long‑range mountain and open water views; Private dock eligibility for direct lake access; Located in The Peninsula at Lake James, a desirable gated community with upscale amenities
