Date
Details
Price
Change
Source
8/25/2026
Listed
$2,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$2,399,000 Just Listed
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Property Description
Discover the best of Lake James living in this beautifully maintained waterfront home offering stunning mountain and lake views from nearly every room. Designed for easy entertaining and comfortable everyday living, the open floor plan features two bedrooms on the main level, including a spacious primary suite with double vanities, soaking tub and oversized shower. The dining area flows seamlessly into the kitchen with island, large pantry, and abundant cabinetry. A convenient laundry room offers additional cabinetry and a sink. In the great room, a two-sided gas fireplace creates a focal point and connects the interior to the outdoor living spaces. Ash hardwood floors throughout main level. Step onto the covered deck and enjoy the spectacular views. The finished lower level expands the living space with a game area, family room, second full kitchen, two additional bedrooms, and a hall bath. An additional den or potential fifth bedroom with its own full bath provides flexible accommodations for guests. A large storage area offers excellent potential for an office, hobby space, or additional storage. Speakers throughout the home add to the entertainment experience, with plenty of storage to keep everything organized. With an gentle walk to the water, gazebo, and two-slip dock, enjoying the lake is easy. One slip is covered and equipped with a lift, the second is uncovered. there is also a separate jet ski dock. Dock is equipped with tv hookup, speakers, power and water via pump from the lake. Gather around the fire pit after a day on the lake or enjoy the views from the gazebo with its durable metal roof. The low-maintenance Hardie board exterior and two-car garage with workshop area make ownership easy. Short-term rentals are allowed providing and income generation-rental history is available. Furnishings, boat, and kayaks are negotiable, making this an exceptional opportunity to enjoy Lake James immediately. The Arbor is a quiet gated community jut 15 minutes from Marion NC where you can go for shopping , dining and entertainment. The Arbor community also features walking trails, a lakeside picnic pavilion and boat storage area. Short drive to to hiking and biking trails in Pisgah NF and Fonta Flora State Trail.
Full Property Details
Full Property Details for 705 Waters Edge Dr
General
- Price: $2,399,000
- HOA FEE: $83/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4416637
- Updated: 8/25/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Breakfast Bar, Garden Tub, Kitchen Island, Open Floorplan, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Gas, Gas Log, Living Room, See Through, Gas, Gas Log, Living Room, See Through
- Appliances: Dishwasher, Dryer, Electric Range, Gas Range, Gas Water Heater, Microwave, Propane Water Heater, Refrigerator, Washer, Washer/Dryer
- Flooring: Carpet, Marble, Slate, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Main - Full Baths: 2
- Basement Baths: 2
Bedrooms
- Total Bedrooms: 4
- Bedrooms-B: 2
- Bedrooms Main & Up: 2
Other Rooms
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Sink, Washer Hookup
Additional Information
- Shared Amenities: Boat Storage, Gated, Lake Access, Picnic Area, Walking Trails
- Equipment: Fuel Tank - Leased
Exterior
- Exterior Features: Fire Pit, Dock - Floating
Parking
- Garage: Yes
- Garage Description: 555 Sq. Ft.
- Garage Spaces: 2
- Parking Features: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front
Location
- County: McDowell
- Subdivision: The Arbor at Lake James
School Information
- Middle School: East McDowell
- High School: McDowell
Community
- Assoc. Name: IPM Mangement
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air, Electric, Heat Pump
- Heating Type: Central, Electric, Forced Air, Heat Pump, Propane
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Electricity Connected, Fiber Optics, Underground Power Lines, Underground Utilities, Wired Internet Available
Structural Information
- Architectural Style: Traditional
- Construction: Site Built
- Exterior Const.: Fiber Cement
- Basement: Yes
- Basement Desc.: Daylight, Exterior Entry, Finished, Full, Interior Entry, Storage Space, Walk-Out Access
- Roof: Architectural Shingle
- Main/1st Level: 2,501 Sq. Ft.
- Year Built: 2004
Lot Features
- Street/Road Desc.: Concrete, Paved
- Elevation (Approx.): 1000
- Lot Features: Rolling Slope, Wooded, Views, Waterfront
- Rcmdd Zoning: R
Horse Property
- Horse Facility Desc.: None
Water Features
- Water Front Name: Lake James
Financial Considerations
- Association Fee: $995
- 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, Subdivision
- Property ID: 1723-00-34-4621
- Plat: 7/37
- Lot Number: 1206/876
Listed by Engel & Volkers Foothills Lake James
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Listing agent
— 705 Waters Edge Dr —
Engel & Volkers Foothills Lake James
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 705 Waters Edge Dr
School District:McDowell County Schools
| Name | Grades | Distance |
|---|---|---|
Nebo Elementary School 254 Nebo School Road, Nebo, NC 28761 | PK-6 | 1.9 mi |
East Mcdowell Junior High School 676 State Street, Marion, NC 28752 | 7-9 | 4 mi |
Mcdowell High School 600 McDowell High School Road, Marion, NC 28752 | 9-12 | 5.3 mi |
Mcdowell Early Colle 54 College Drive, Marion, NC 28752 | 9-12 | 5.3 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 705 Waters Edge Dr
Tax History
Tax History for 705 Waters Edge Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,005
—
$898,880
—
2024
$6,005
—
$898,880
—
2023
$6,005
26%
$898,880
28%
2022
$4,771
—
$703,670
—
2021
$4,771
-1%
$703,670
—
2019
$4,841
22%
$703,670
22%
2018
$3,964
6%
$576,230
—
2017
$3,748
—
$576,230
—
2016
$3,748
2%
$576,230
—
2015
$3,687
—
$576,230
—
2014
$3,687
1%
$576,230
—
2013
$3,641
—
$576,230
—
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 705 Waters Edge Dr
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This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
705 Waters Edge Drive, Nebo, NC 28761 (MLS# 4416637) is a Single Family property with 4 bedrooms and 4 full bathrooms. 705 Waters Edge Drive is currently listed for $2,399,000 and was received on August 25, 2026. Want to learn more about 705 Waters Edge 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.