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$1,525,000
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Property Description
Discover the ultimate Lake James lifestyle in the gated community of The Arbor. This stunning craftsman home showcases remarkable post-and-beam construction, with exposed beams & cathedral ceilings. Large windows frame breathtaking views of the lake, inviting the natural beauty indoors. The interior highlights natural wood finishes, custom-built-ins, & a grand wall of windows. The main floor features a well-appointed primary bedroom suite & a guest room. Upstairs, you'll find a loft, a wet bar, a bunk room, a bonus room, & two extra bathrooms. Gather in the living room or the inviting screened-in porch, both featuring beautiful fireplaces. This meticulously designed turn-key residence is ideal for entertaining & accommodating guests. Enjoy a usable backyard that includes a spacious private double-decker dock, perfect for your boating & water activities. Whether for personal enjoyment or as a short-term rental, this home makes the perfect retreat in the heart of Lake James.
Full Property Details
Full Property Details for 54 Cottage Grove Dr
General
- Sold For: $1,525,000
- HOA FEE: $72/month
- HOA FEE FREQ.: Annually
- Status: Closed
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4246913
- Added to Site: 260 day(s) ago
Interior
- Interior Features: Built-in Features, Kitchen Island, Open Floorplan, Pantry, Wet Bar
- Fireplace: Yes
- Fireplace(s): Family Room, Gas Log, Porch, Wood Burning, Family Room, Gas Log, Porch, Wood Burning
- Appliances: Dishwasher, Electric Cooktop, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Tankless Water Heater, Wall Oven, Washer/Dryer
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Upper - Full Baths: 2
- Main - Full Baths: 2
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 3
- Bedrooms Upper: 1
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Utility Room, Inside, Main Level
Additional Information
- Shared Amenities: Boat Storage, Gated, Lake Access, Picnic Area, RV Storage, Street Lights, Walking Trails
- Equipment: Fuel Tank(s), Generator Hookup
Exterior
- Exterior Features: Fire Pit, Dock - Floating, Hot Tub
Parking
- Garage: Yes
- Garage Description: 451 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Keypad Entry
Location
- County: McDowell
- Subdivision: The Arbor at Lake James
- Driving Directions: Follow GPS see signs gate code needed
School Information
- Elementary School: Nebo
- High School: McDowell
Heating & Cooling
- Cooling Type: Heat Pump
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Electricity Connected, Propane, Underground Power Lines, Underground Utilities, Wired Internet Available
Structural Information
- Architectural Style: Post and Beam
- Construction: Site Built
- Exterior Const.: Stone Veneer, Wood
- Roof: Metal
- Upper: 1,283 Sq. Ft.
- Main/1st Level: 1,637 Sq. Ft.
- Year Built: 2006
Lot Features
- Street/Road Desc.: Concrete, Paved
- Lot Features: Cul-De-Sac, Level, Views, Waterfront
- Fencing (Description): Back Yard, Partial, Wood
Water Features
- Water Front Name: Lake James
Financial Considerations
- Association Fee: $860
- Assoc Fee Freq.: Annually
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Architectural Review, Building, Deed, Height, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet, Subdivision
- Property ID: 1713-00-92-2241
- Plat: 7/92
- Lot Number: 1226-717
Listed by J. Peterson Realty & Associate
Sold by Keller Williams Unified
Get Pre-Approved Today
Schools
Schools serving 54 Cottage Grove Dr
School District:McDowell County Schools
| Name | Grades | Distance |
|---|---|---|
Nebo Elementary School 254 Nebo School Road, Nebo, NC 28761 | PK-6 | 2.3 mi |
East Mcdowell Junior High School 676 State Street, Marion, NC 28752 | 7-9 | 3.1 mi |
Mcdowell High School 600 McDowell High School Road, Marion, NC 28752 | 9-12 | 4.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 54 Cottage Grove Dr
Date
Details
Price
Change
Source
9/05/2025
Sold
$1,525,000
-9.76%
MLS
5/02/2025
Listed
$1,690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
54 Cottage Grove Drive, Nebo, NC 28761 (MLS# 4246913) is a Single Family property that was sold at $1,525,000 on September 05, 2025. Want to learn more about 54 Cottage Grove Drive? Do you have questions about finding other Single Family real estate for sale in Nebo? You can browse all Nebo real estate or contact a Coldwell Banker agent to request more information.

