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$95,000
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Property Description
Discover the perfect canvas for your dream home with this 2.86-acre interior lot in a prestigious gated community The Peninsula at Lake James. Ideally situated directly across from the community pool and dock, this gently sloping lot offers both convenience and tranquility, with breathtaking views of Shortoff Mountain providing a serene and picturesque backdrop. Featuring a 4 bedroom septic improvement permit already on file, the property is primed for your ideal residence. The Peninsula has lots of amenities such as the community pool, day dock, (both right across the street) and on site boat storage area. Experience the best of lake living and outdoor enjoyment in a community that combines natural beauty with modern amenities. Don't miss this rare opportunity to secure a prime piece of property in one of the area's most sought-after neighborhoods and start building the home you've always envisioned!
Full Property Details
Full Property Details for 254 Peninsula Reserve Rd
General
- Sold For: $95,000
- HOA FEE: $95/month
- HOA FEE FREQ.: Annually
- Status: Closed
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4356083
- Added to Site: 95 day(s) ago
Additional Information
- Shared Amenities: Cabana, Gated, Lake Access, Recreation Area
Location
- County: McDowell
- Driving Directions: Take Lake James Road to Peninsula Reserve Road and gated entrance into The Peninsula. On Peninsula Reserve Road, Lot #4 is on the right just prior to the entrance to the community pool and day dock on the left.
Community
- Assoc. Name: Cedar Mgnt.
Utilities
- Sewer: Septic Needed
- Water: Community Well, Well Needed
- Utility Description: Cable Available, Propane, Underground Utilities
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 1500
- Lot Features: Private, Sloped, Views
Financial Considerations
- Association Fee: $1,136
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional, FHA, FHA 203(K), USDA Loan, VA Loan
Disclosures and Reports
- Restrictions: Architectural Review, Building
- Property ID: 172400930425
- Lot Number: 1375
Listed by GreyBeard Realty
Sold by Nest Realty Morganton
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Schools
Schools serving 254 Peninsula Reserve Rd
School District:McDowell County Schools
| Name | Grades | Distance |
|---|---|---|
North Cove Elementary School 401 American Thread Road, Marion, NC 28752 | PK-6 | 5.9 mi |
West Mcdowell Junior High School 346 West Mc Dowell Junior High School Road, Marion, NC 28752 | 7-9 | 7.1 mi |
Mcdowell High School 600 McDowell High School Road, Marion, NC 28752 | 9-12 | 7 mi |
Mcdowell Early Colle 54 College Drive, Marion, NC 28752 | 9-12 | 7.1 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 254 Peninsula Reserve Rd
Date
Details
Price
Change
Source
6/11/2026
Sold
$95,000
-4.04%
MLS
4/21/2026
Price Reduced
$99,000
-17.43%
MLS
3/11/2026
Listed
$119,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
254 Peninsula Reserve Road, Nebo, NC 28761 (MLS# 4356083) is a Lots/Land property that was sold at $95,000 on June 11, 2026. Want to learn more about 254 Peninsula Reserve Road? 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.

