Recently Viewed Properties
See This Home
Save This Listing
Close

View All Photos

$66,800 -$5,000 (-6.96%) Price Reduced

  • For Sale
  • Active
  • Lots/Land
  • Updated 6 days ago
See This Home
Save This Home
See This Home
Save This Home
Come be a part of this wonderful gated lake community located by the beautiful waters of Lake James and minutes away from the grandeur of Linville Gorge views, hiking, wineries, and adventure. This lot is large, and private with over 500 feet of road frontage and would be perfect for having a home with that "living with nature" feeling. The community amenities includes a community well system, pool, pavillion, boat storage, and a community dock for day use and to spend some time floating in the water. Private wells are also allowed with county permitting. The lot already has a 4 bedroom septic permit, and with community water available, it'll make your steps to building your home that much simpler.

Full Property Details for 597 Peninsula Reserve Rd #34

General

  • Price: $66,800
  • HOA FEE: $100/month
  • HOA FEE FREQ.: Annually
  • Status: Active
  • Type: Lots/Land
  • Source: Charlotte_Regional_Realtor_Association
  • MLS ID: 4326985
  • Updated: 3/13/2026
  • Added to Site: 106 day(s) ago

Additional Information

  • Shared Amenities: Boat Storage, Gated, Lake Access, Outdoor Pool, Picnic Area
  • Pool: Yes

Location

  • County: McDowell
  • Subdivision: The Peninsula at Lake James
  • Driving Directions: From I-40 exit 81, travel north on Harmony Grove Rd for 2.5 miles. Continue onto State Rd 1536 for 0.4 miles. Turn right onto NC 126-E for 6.5 miles. Turn left onto South Mountain Institute Road for 3 miles. Turn left into gate of The Peninsula.

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 Power Lines, Underground Utilities

Lot Features

  • Street/Road Desc.: Paved
  • Elevation (Approx.): 1000
  • Lot Features: Paved, Rolling Slope, Sloped, Wooded, Views

Horse Property

  • Horse Facility Desc.: None

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, Building, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet
  • Property ID: 1724-00-82-8554
  • Lot Number: 1479-50

Listed by EXP Realty LLC Ballantyne

Quickly Find Out More

* Indicates a required field

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Send Message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby’s International Realty®). I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.

We Value Your Privacy

Listing agent

— 597 Peninsula Reserve Rd #34 —

  • EXP Realty LLC Ballantyne

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 597 Peninsula Reserve Rd #34

School District:McDowell County Schools
NameGradesDistance
North Cove Elementary School
401 American Thread Road, Marion, NC 28752
PK-65.9 mi
West Mcdowell Junior High School
346 West Mc Dowell Junior High School Road, Marion, NC 28752
7-97 mi
Mcdowell High School
600 McDowell High School Road, Marion, NC 28752
9-126.9 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 597 Peninsula Reserve Rd #34 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/13/2026
Price Reduced
$66,800
-6.96%
MLS
2/12/2026
Price Reduced
$71,800
-6.02%
MLS
12/04/2025
Listed
$76,400
44.15%
MLS
8/30/2024
Sold
$53,000
—
Public Record
Get Price Alerts and Save Property
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 for 597 Peninsula Reserve Rd #34

Year
Property Taxes
Change
Tax Assessment
Change
2025
$335
—
$48,000
—
2024
$335
—
$48,000
—
2023
$335
-5%
$48,000
-4%
2022
$354
3%
$50,000
—
2021
$344
-1%
$50,000
—
2019
$349
25%
$50,000
25%
2018
$279
9%
$40,000
—
2017
$256
—
$40,000
—
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 for 597 Peninsula Reserve Rd #34

$
Down Payment
%
$
%

$
$
$

*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by EXP Realty LLC Ballantyne

Just Listed near 597 Peninsula Reserve Rd #34

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

264 Church St, Marion, NC 28752 - Photo 1 Just Listed
$199,000

264 Church St  Marion, NC 28752

  • Single Family
  • Active
  • Updated 2 hours ago
  • 2
    Beds
  • 1
    Total Bath
524 Baldwin Ave, Marion, NC 28752 - Photo 1 Just Listed
$575,000

524 Baldwin Ave  Marion, NC 28752

  • Single Family
  • Active
  • Updated 1 day ago
  • 7
    Beds
Lot 32 Strawberry Ridge Rd, Little Switzerland, NC 28749 - Photo 1 Just Listed
$34,900

Lot 32 Strawberry Ridge Rd  Little Switzerland, NC 28749

  • Lots/Land
  • Active
  • Updated 1 day ago
104 Ivy Ct, Morganton, NC 28655 - Photo 1 Just Listed
$399,900

104 Ivy Ct  Morganton, NC 28655

  • Townhouse
  • Active
  • Updated 4 days ago
  • 3
    Beds
  • 2
    Total Baths

Price Reduced near 597 Peninsula Reserve Rd #34

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

1801 Highland Ave, Morganton, NC 28655 - Photo 1 Price Reduced
-$12,000 (-4.86%)
$235,000

1801 Highland Ave  Morganton, NC 28655

  • Single Family
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 1
    Total Bath
1775 US 70 Hwy W, Morganton, NC 28655 - Photo 1 Price Reduced
-$5,000 (-2.86%)
$170,000

1775 US 70 Hwy W  Morganton, NC 28655

  • Single Family
  • Active
  • Updated 12 hours ago
  • 2
    Beds
  • 1
    Total Bath
606 Park Ave, Morganton, NC 28655 - Photo 1 Price Reduced
-$11,000 (-3.67%)
$289,000

606 Park Ave  Morganton, NC 28655

  • Single Family
  • Active
  • Updated 5 days ago
  • 3
    Beds
  • 2
    Total Baths
203 Cohen St, Morganton, NC 28655 - Photo 1 Price Reduced
-$5,000 (-2.5%)
$195,000

203 Cohen St  Morganton, NC 28655

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 1
    Total Bath

Recent Sales near 597 Peninsula Reserve Rd #34

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

Tbd Ridge Point Rd, Nebo, NC 28761 - Photo 1 Sold
$60,000

Tbd Ridge Point Rd  #3  Nebo, NC 28761

  • Lots/Land
  • Closed
0 Nc 126 Rd, Morganton, NC 28655 - Photo 1 Sold
$62,000

0 Nc 126 Rd  Morganton, NC 28655

  • Lots/Land
  • Closed
  • 9.29
    Acres
Listed and Sold by Century 21 Vanguard, Rebecca Colwell
0 Nc 126 Hwy, Morganton, NC 28655 - Photo 1 Sold
$62,000

0 Nc 126 Hwy  Morganton, NC 28655

  • Lots/Land
  • Closed
1078 Paradise Cir, Nebo, NC 28761 - Photo 1 Sold
$70,000

1078 Paradise Cir  #51 & 52  Nebo, NC 28761

  • Lots/Land
  • Closed

597 Peninsula Reserve Road #34, Nebo, NC 28761 (MLS# 4326985) is a Lots/Land property with a lot size of acres. 597 Peninsula Reserve Road #34 is currently listed for $66,800 and was received on December 04, 2025. Want to learn more about 597 Peninsula Reserve Road #34? 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.

Tour this property