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$525,000
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Property Description
It's all about the views! Build your waterfront dream home or lakeside retreat in The Peninsula at Lake James, a premier gated mountain lake community. This 1.80-acre waterfront homesite features a gentle slope and offers breathtaking, million-dollar views of the Blue Ridge Mountains and the pristine waters of Lake James-an ideal setting for your custom mountain getaway. Residents of The Peninsula enjoy exceptional community amenities, including a saltwater pool, pavilion, fire pit, community day dock, and boat storage. The neighborhood is continuing to grow, with beautiful custom homes currently under construction throughout the community. Waterfront opportunities on Lake James are becoming increasingly rare, and properties in this sought-after area are selling quickly-don't miss your chance to own a piece of this incredible mountain lake lifestyle. Conveniently located less than an hour from Asheville and Black Mountain, the area also offers endless outdoor recreation. Explore nearby hiking destinations such as Table Rock, Shortoff Mountain, and Linville Gorge, or enjoy biking and hiking at Fonta Flora Trails and Lake James State Park. Spend your days on the water boating, fishing, and taking in the natural beauty that makes Lake James so special. Short-term rentals are allowed, offering excellent flexibility for personal use or investment potential.
Full Property Details
Full Property Details for 154 W Point Dr
General
- Price: $525,000
- HOA FEE: $100/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4354838
- Updated: 3/12/2026
- Added to Site: 24 day(s) ago
Location
- County: McDowell
- Driving Directions: Peninsula Reserve Rd (gated entrance) go .6 miles to Crestview Dr S TR to W Point Cir TR Signs on your right heading towards the lake
Community
- Assoc. Name: Cedar Management
Utilities
- Sewer: Septic Needed
- Water: Community Well, Tap Fee Required
Lot Features
- Street/Road Desc.: Paved
- Lot Features: Rolling Slope, Views, Waterfront
Water Features
- Water Front Name: Lake James
Financial Considerations
- Association Fee: $1,200
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Architectural Review, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet
- Property ID: 1723-00-79-7848
- Lot Number: 1483/956
Listed by Berkshire Hathaway HomeServices Blue Ridge REALTORS®
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Schools
Schools serving 154 W Point Dr
School District:McDowell County Schools
| Name | Grades | Distance |
|---|---|---|
North Cove Elementary School 401 American Thread Road, Marion, NC 28752 | PK-6 | 6 mi |
West Mcdowell Junior High School 346 West Mc Dowell Junior High School Road, Marion, NC 28752 | 7-9 | 6.5 mi |
Mcdowell Early Colle 54 College Drive, Marion, NC 28752 | 9-12 | 6.4 mi |
Mcdowell High School 600 McDowell High School Road, Marion, NC 28752 | 9-12 | 6.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 154 W Point Dr
Date
Details
Price
Change
Source
3/11/2026
Listed
$525,000
40%
MLS
10/26/2024
Sold
$375,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 154 W Point Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$1,920
—
$275,000
—
2024
$1,920
—
$275,000
—
2023
$1,920
23%
$275,000
25%
2022
$1,558
3%
$220,000
—
2021
$1,514
-1%
$220,000
—
2019
$1,536
-19%
$220,000
-19%
2018
$1,885
—
$270,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 154 W Point Dr
154 West Point Drive, Nebo, NC 28761 (MLS# 4354838) is a Lots/Land property with a lot size of acres. 154 West Point Drive is currently listed for $525,000 and was received on March 11, 2026. Want to learn more about 154 West Point Drive? Do you have questions about finding other Lots/Land real estate for sale in Nebo? You can browse all Nebo real estate or contact a Coldwell Banker agent to request more information.

