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Wooded Land Near Lake James
For Sale
$99,500

342 Waters Edge Drive, Nebo, NC 28761

LAND - Nebo, NC

Lot Size5.25 Acres
Days on Market621

Property Features for 342 Waters Edge Drive

General Information

Property type Land
Property subtype Other
Zoning description R
Subdivision The Arbor at Lake James
Elementary school Nebo
Middle school East McDowell
High school McDowell
Directions Head northeast on US-70 E/E Court St toward N Garden St, Continue to follow US-70 E,Turn left onto Memorial Park Rd, go 2.0 mi Continue onto Old Hwy 10 E, go 0.9 mi Turn left onto High Ridge Trail/High Trail Dr, go 0.2 mi Turn right onto Beacon Ridge Dr, go 335 ft Turn right onto Waters Edge Dr, Destination will be on the right
Standard status Active
APN 1723-00-43-2515
Lot size 5.25 Acres

Taxes and HOA fees

Tax Description 4.162 AC (LTS6-16 7-16 8-16) COVE PT PB24/45
HOA Fee $860 Annually
Legal Description 4.162 AC (LTS6-16 7-16 8-16) COVE PT PB24/45

Utilities

Sewer type Septic Needed
Water source Well Needed
Listing Agency: EXP Realty LLC
Listed By: Katherine Todd · License #301169
Added: Nov 19, 2024 Changed: May 19 Last Checked: Aug 2 at 12:06PM
MLS# 4201860

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 property features two wooded lots totaling 5.25 acres, situated in the gated community of The Arbor at Lake James. The land has received soil-scientist approval for a 5-bedroom septic system, making it suitable for a custom estate, vacation getaway, or multigenerational retreat. The location provides convenient access to lake activities, hiking trails, and downtown Marion. Fiber optic internet is currently being installed, providing high-speed service. Located in Nebo, North Carolina, the property is in close proximity to Lake James.

Key Highlights

  • Large 5.25‑acre combined parcel, the largest currently available in The Arbor at Lake James.
  • Soil‑scientist approved for a 5‑bedroom septic system, simplifying building process.
  • Located in a gated community, offering privacy and security.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Dental Office Pharmacy Auto Parts Store Skin Care Clinic HVAC Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

120
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - 5.25 acres in gated community near Lake James.
Where is this residential land & home lot located?
The property is located at 342 Waters Edge Drive Nebo, NC.
What is the asking price?
The asking price for this property is $99,500.
What are key features of this property?
This property features: Large 5.25‑acre combined parcel, the largest currently available in The Arbor at Lake James.; Soil‑scientist approved for a 5‑bedroom septic system, simplifying building process.; Located in a gated community, offering privacy and security.
More about this property
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