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$69,000 Just Listed
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Property Description
Tucked inside the gated waterfront community of The Peninsula at Lake James, this 1.56-acre interior lot offers a gently sloping canvas ready for your dream home. Whether you're envisioning a full-time residence or a mountain retreat, short-term rentals are permitted - making this an equally compelling investment opportunity. The lot rolls softly with potential winter views of Shortoff and Hawksbill Mountains, and a community well is already in place. Residents enjoy an impressive amenity package: a waterfront pool with picnic area and bathrooms, a floating community day dock, and convenient boat storage - all within walking distance of the lake. Adventure is right outside your door. Black Bear Marina, Fonta Flora Brewery, and the Fonta Flora Trail for hiking and mountain biking are just minutes away. When you need a bit more, Marion is 18 minutes out, Morganton 20, Linville Falls 40, Asheville an hour, and Charlotte Douglas International just 90 minutes. This is your chance to plant roots in the heart of the Blue Ridge Mountains.
Full Property Details
Full Property Details for 431 Ridge Point Rd #7
General
- Price: $69,000
- HOA FEE: $83/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4374856
- Updated: 5/3/2026
- Added to Site: 6 day(s) ago
Additional Information
- Shared Amenities: Boat Storage, Clubhouse, Gated, Lake Access, Outdoor Pool, Picnic Area, Recreation Area
- Pool: Yes
Location
- County: McDowell
- Subdivision: The Peninsula at Lake James
- Driving Directions: From Marion, travel on Lake James Rd., turn right to stay on Lake James Rd. The Peninsula is on the right. Go through the gate, travel on Peninsula Reserve Dr., turn right onto Ridge Point Rd. Lot will be on your left. No sign.
School Information
- Elementary School: Nebo
- Middle School: East McDowell
- High School: McDowell
Community
- Assoc. Name: Cedar Management
Utilities
- Sewer: Septic Needed
- Water: Community Well
- Utility Description: Underground Utilities
Lot Features
- Street/Road Desc.: Paved
- Elevation (Approx.): 1000
- Lot Features: Hilly, Paved, Private, Rolling Slope, Wooded, Views
Horse Property
- Horse Facility Desc.: None
Water Features
- Water Front Name: Lake James
Financial Considerations
- Association Fee: $1,000
- Assoc Fee Freq.: Annually
- Other Assoc Fees: $300
- Other Fee Freq.: Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Architectural Review, Building, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet, Subdivision
- Property ID: 1724-00-83-2547
- Lot Number: 1417/693
Listed by EXP Realty LLC Ballantyne
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Schools
Schools serving 431 Ridge Point Rd #7
School District:McDowell County Schools
| Name | Grades | Distance |
|---|---|---|
North Cove Elementary School 401 American Thread Road, Marion, NC 28752 | PK-6 | 5.7 mi |
West Mcdowell Junior High School 346 West Mc Dowell Junior High School Road, Marion, NC 28752 | 7-9 | 7 mi |
Mcdowell High School 600 McDowell High School Road, Marion, NC 28752 | 9-12 | 6.9 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 431 Ridge Point Rd #7
Date
Details
Price
Change
Source
5/02/2026
Listed
$69,000
—
MLS
Disclaimer: Historical sales 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 431 Ridge Point Rd #7
431 Ridge Point Road #7, Nebo, NC 28761 (MLS# 4374856) is a Lots/Land property with a lot size of acres. 431 Ridge Point Road #7 is currently listed for $69,000 and was received on May 02, 2026. Want to learn more about 431 Ridge Point Road #7? 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.

