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$77,000
4412680 MLS ACTIVE Status
Escape to the mountains at Lot 27 in The Peninsula at Lake James, a gated lake community offering the best of Western North Carolina living. This 2.39-acre wooded homesite sits on a gently sloped, private lot with year-round mountain views — including beautiful long-range views of Linville Gorge — and easy access via a paved private road — the perfect canvas for your custom mountain retreat (1,600 SF minimum to build). As a resident of The Peninsula, you'll enjoy an unmatched lineup of neighborhood amenities: a sparkling community pool, a covered pavilion for gatherings and events, a community dock with paddlesport launch for days on Lake James, boat storage, and a picnic and recreation area including community dock for day use and docking— all within a secure, gated setting. Community well water is in place, with septic needed for building. Whether you're planning a full-time residence, a peaceful second home, or an investment property, Lot 27 offers privacy, natural beauty, and resort-style amenities in one of McDowell County's most sought-after lake communities. Short-term rentals are allowed, adding excellent income potential, and the neighborhood also permits ADUs and guest houses for added flexibility.

TBD Peninsula Reserve Drive Unit #27, Nebo

Listing courtesy of EXP Realty LLC Ballantyne. 828-337-2200

$167,000
4412299 MLS ACTIVE Status
Rarely available — own both Lots 6 and 27 together for a combined 5.72 acres of privacy and possibility in the gated community of The Peninsula at Lake James. This expansive, wooded, and gently sloped acreage offers sweeping mountain views — including beautiful long-range views of Linville Gorge — and room to design the ultimate private estate or family compound, with paved private-road access and a 1,600 SF minimum to build. Life at The Peninsula includes an outstanding array of amenities: a community pool, a pavilion for entertaining and events, a community dock with paddlesport launch for enjoying Lake James, boat storage, and dedicated picnic and recreation areas including community dock for day use and docking — all set behind a secure, gated entrance. Community well water is available, with septic needed for construction. With nearly 6 combined acres, this is a unique chance to secure significant acreage in a premier gated lake community, offering both privacy and resort-style living just steps from Lake James. Short-term rentals are allowed, opening the door to strong investment potential in addition to a private family retreat, and the neighborhood also permits ADUs and guest houses for added flexibility.

TBD Peninsula Reserve Drive Unit #6 & 27, Nebo

Listing courtesy of EXP Realty LLC Ballantyne. 828-337-2200

$101,000
4412300 MLS ACTIVE Status
Build your dream home on Lot 6, a private 3.33-acre wooded homesite in the gated community of The Peninsula at Lake James. Gently sloped terrain, mature trees, and mountain views — including beautiful long-range views of Linville Gorge — set the stage for a stunning custom build, with paved private-road access and a 1,600 SF minimum to build. Owning in The Peninsula means resort-style living every day: a community pool, a pavilion for entertaining, a community dock and paddlesport launch on Lake James, boat storage, and picnic and recreation areas including community dock for day use and docking — all inside a secure, gated entrance. Community well water is available on-site, with septic required for construction. For buyers seeking privacy, mountain scenery, and access to Lake James without sacrificing community amenities, Lot 6 is an exceptional opportunity in one of the region's premier gated lake communities. Short-term rentals are allowed, making it a smart choice for investors as well as homeowners, and the neighborhood also permits ADUs and guest houses for added flexibility.

TBD Peninsula Reserve Drive Unit #6, Nebo

Listing courtesy of EXP Realty LLC Ballantyne. 828-337-2200

$119,000
4412761 MLS ACTIVE Status
Discover the opportunity to build your dream home on Lot 86 Crestview Drive South, nestled within the prestigious, gated community of The Peninsula at Lake James. This property benefits from access to a community well and an already-installed three-bedroom septic system, offering a head start for future construction. Tucked within a peaceful cove, this non-dockable waterfront lot offers a tranquil setting ideally suited for launching kayaks, canoes, and paddleboards right from your own backyard, providing a quiet, low-traffic alternative to open-water frontage while still delivering direct water access and serene views. One of the lake's newest and largest communities, The Peninsula spans over 200 lots and is known for its scenic lake views, striking entrance gate, and impressive landscaping. Residents enjoy a community pool and pool house overlooking the lake and boat slips, and short-term rentals are permitted within the community, offering added flexibility and investment potential. Ideally locatedval to everything Lake James has to offer.

LOT #86 Crest View Drive, Nebo

Listing courtesy of GreyBeard Realty. dave@greybeardrealty.com

$102,000
4397471 MLS ACTIVE UNDER CONTRACT Status
Nestled near the beautiful waters of Lake James, this exceptional 1.11-acre homesite offers the perfect setting to build your dream home, mountain retreat, or vacation rental. Located only 20 minutes from charming Marion and approximately one hour from Asheville, you'll enjoy the ideal balance of privacy, recreation, and convenience. Situated in a gated community, residents have access to outstanding amenities, including a community swimming pool and a pavilion that serves as the perfect gathering place for family, friends, and neighbors. The gently sloping, buildable 1.11-acre lot offers plenty of room to create the home you've always envisioned while enjoying the natural beauty of the North Carolina mountains. Whether you're looking for a full-time residence, a second home, or an investment property with vacation rental potential, this property offers endless possibilities in one of Western North Carolina's most desirable locations.

76 Clear Water Way Unit #96, Nebo

Listing courtesy of EXP Realty LLC. chensleym20@gmail.com

$325,000
4392686 MLS ACTIVE UNDER CONTRACT Status
Discover one of the best waterfront values currently available in The Peninsula at Lake James. This exceptional 0.8 acre homesite offers the rare combination of expansive long range lake and mountain views, a highly desirable level building area, and 102 feet of shoreline along the crystal clear waters of Lake James. Whether you are dreaming of a full time residence or a private mountain lake retreat, this property provides an outstanding canvas for bringing your vision to life. Positioned to capture stunning views across the lake, the homesite features a gently situated building envelope that makes planning and construction easier while maximizing both privacy and scenery. Imagine waking each morning to sparkling water views and ending your evenings with colorful sunsets reflected across the lake and surrounding Blue Ridge Mountains. The Peninsula is one of Lake James’ most sought after waterfront communities, known for its natural beauty, upscale homes, and peaceful setting. This lot offers direct waterfront access and is considered dockable, providing the potential for convenient boating, fishing, kayaking, and paddleboarding right from your property. A pier permit has not yet been issued and will need to be obtained through Duke Energy, allowing future owners the opportunity to pursue dock approval based on their plans and specifications. The shoreline descends steeply from the homesite to the water, creating elevated views that enhance the property's dramatic lakefront setting. The walk to the shoreline is steep, but the reward is direct access to one of North Carolina’s most beautiful lakes and the opportunity to enjoy everything Lake James has to offer. Waterfront opportunities at this price point are exceptionally rare on Lake James. Over the past 12 months, only four dockable waterfront lots have sold for less than $325,000. With 102 feet of shoreline, breathtaking long range lake views, a level building area, and dock potential pending Duke Energy approval, this property presents a unique opportunity to secure a coveted waterfront homesite before inventory becomes even more limited. Located just minutes from Lake James State Park, Fonta Flora Trail, downtown Morganton, and Marion, this property combines the serenity of mountain lake living with convenient access to dining, shopping, breweries, hiking trails, and outdoor recreation. Spend your days boating on more than 6,800 acres of pristine water, exploring miles of nearby trails, or simply relaxing and taking in the incredible scenery from your future deck. Please note that no septic permit has been issued for this lot. Buyers are encouraged to complete their own due diligence regarding septic evaluation, pier permitting, and building plans. Opportunities to find a waterfront homesite with long range views, a level building area, generous shoreline frontage, and dock potential in The Peninsula are increasingly rare. Whether you envision a luxury lakefront estate, a weekend getaway, or a legacy property to enjoy for generations, this homesite offers the location, views, and potential to create something truly special on Lake James.

311 Crest View S Drive Unit #92, Nebo

Listing courtesy of Keller Williams Unified. bryan@lakejames.com

$64,000
4374856 MLS ACTIVE Status
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.

431 Ridge Point Road Unit #7, Nebo

Listing courtesy of EXP Realty LLC Ballantyne. 828-337-2200

$495,000
4354838 MLS ACTIVE Status
LAKE JAMES & BLUE RIDGE MOUNTAIN VIEWS! Build your waterfront dream home or lakeside retreat in The Peninsula at Lake James, a premier gated mountain lake community. Lot has been approved for a dock permit. It did expire Oct 2025, yet will be easy to get approved again. This 1.80-acre waterfront homesite features a gentle slope and offers breathtaking, million-dollar views of the Blue Ridge Mountains and the pristine waters of Lake James—an ideal setting for your custom mountain getaway. Residents of The Peninsula enjoy exceptional community amenities, including a saltwater pool, pavilion, fire pit, community day dock, and boat storage. The neighborhood is continuing to grow, with beautiful custom homes currently under construction throughout the community. Waterfront opportunities on Lake James are becoming increasingly rare, and properties in this sought-after area are selling quickly—don’t miss your chance to own a piece of this incredible mountain lake lifestyle. Conveniently located less than an hour from Asheville and Black Mountain, the area also offers endless outdoor recreation. Explore nearby hiking destinations such as Table Rock, Shortoff Mountain, and Linville Gorge, or enjoy biking and hiking at Fonta Flora Trails and Lake James State Park. Spend your days on the water boating, fishing, and taking in the natural beauty that makes Lake James so special. Short-term rentals are allowed, offering excellent flexibility for personal use or investment potential. Ask your agent to see the dock drawings that have been approved!

154 West Point Drive, Nebo

Listing courtesy of Berkshire Hathaway HomeServices Blue Ridge REALTORS®. marilynvarnesNC@gmail.com

$679,000
4325602 MLS ACTIVE UNDER CONTRACT Status
Perched on the shores of pristine Lake James, this premium lot offers sweeping views of Hawksbill and Shortoff Mountains in the Linville Gorge, level waterfront with a private beach, and a double-decker, double-slip dock with jet ski ports — already built and permitted. That's a major advantage: as of July 1, 2026, Duke Energy no longer approves new dock permits on lots without an existing home (per Duke Energy Lake Service). Future Lake James buyers will have to build first, then wait on approval. Here, it's done. The site work is done too — driveway and building pad cleared, shared well in place, underground power for unobstructed views. Amenities include a pool, boat storage, lake access, and a community dock. Short-term rentals are permitted. Just bring your vision — and your sunscreen.

183 Crest View Ne Drive Unit #55, Nebo

Listing courtesy of GreyBeard Realty. christy@greybeardrealty.com

$135,000
4327307 MLS ACTIVE Status
Views of Shortoff Mountain can be yours from this spacious and builder friendly lot. It is very level with the home site sitting slightly above the road. This is an intersection lot which can allow a pull thru driveway allowing for privacy for your home while having the easiest of access from construction to living. Beautiful 1.63-acre lot is located in The Peninsula at Lake James. This lot is located just up the street from the community pool and main entrance. Easy walk on pool days! Or just sit on your porch and enjoy Shortoff Mountain views! Shortoff Mountain is part of the Pisgah National Forest, which spans approximately half a million acres. The lot features paved road frontage, access to a community well, and underground utilities to preserve the area’s natural beauty. BUILDER FRIENDLY LOT! With a gentle building site, you'll enjoy reduced construction costs compared to steeper terrains. Survey on file. Expired septic permit on file. This gated community allows short term rentals and offers a community dock, pool and pool house. The Peninsula of Lake James offers the best of mountain living. It consists of 200 lots on over 220 acres. It is established. Reasonable restrictions in place to protect the integrity of this Lake James community. Schedule your visit today.

365 Peninsula Reserve Road Unit #25, Nebo

Listing courtesy of Greybeard Realty Old Fort Office. jeannie@greybeardrealty.com

$66,800
4326985 MLS ACTIVE Status
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.

597 Peninsula Reserve Road Unit #34, Nebo

Listing courtesy of EXP Realty LLC Ballantyne. 828-337-2200

$775,000
4317251 MLS ACTIVE Status
Nestled on 3 acres, this waterfront lot boasts long range views of the pristine lake waters of Lake James and the Blue Ridge mountains. Just 20 minutes from the charming town of Marion with breweries, shops & restaurants. Only an hour's drive to Asheville. Enjoy the communities outdoor pool on warm afternoons, gather with friends at the inviting pavilion, or unwind under the stars around the cozy fire pit. Launch your adventures from the convenient daydock while awaiting approval from Duke Energy for your very own private dock. Whether you envision this as your forever primary residence, a serene vacation retreat, or a future vacation rental, the possibilities are endless on this gem.The sellers carefully envisioned a custom home tucked into the landscape, accessed by a graceful, winding driveway leading to an attached garage. Their concept showcased walls of windows and an expansive deck overlooking the sparkling lake and layered mountain views, all while preserving remarkable privacy with wooded buffers on either side of the property.

West Point Drive, Nebo

Listing courtesy of GreyBeard Realty. rhonda@greybeardrealty.com

$69,000
4304687 MLS ACTIVE Status
Large Interior Lot in the Peninsula at Lake James Discover the perfect opportunity to build your dream home on this spacious interior lot located in The Peninsula at Lake James—a highly sought-after neighborhood known for its scenic beauty and well-managed HOA with reasonable dues. This private, well-situated lot offers easy access to both Bear Creek Marina and Lake James Marina, making it ideal for boating enthusiasts and lake lovers. Enjoy breathtaking mountain views and the pristine waters of Lake James—widely regarded as the cleanest lake in North Carolina. Conveniently located: 1 hour to Asheville Regional Airport 1.5 hours to Charlotte Douglas International Airport Whether you're looking for a peaceful retreat or a full-time residence, this lot offers an unbeatable combination of privacy, natural beauty, and accessibility. Don’t miss the chance to own a piece of paradise in the foothills of Western North Carolina!

9999 Peninsula Reserve Road, Nebo

Listing courtesy of Ridge Water Realty. matt.highvalley@gmail.com

$699,000
4301433 MLS ACTIVE UNDER CONTRACT Status
Incredible Main Channel Lakefront Lot with Long-Range Views! Welcome to lot 131 of The Peninsula at Lake James. A rare opportunity to own one of the best remaining main channel lots on Lake James, offering sweeping mountain views and panoramic open water views. This spectacular property is tucked inside the Peninsula at Lake James, one of the area’s most desirable gated lakefront communities known for its upscale amenities and breathtaking natural beauty. Positioned on a sloping homesite, the lot provides an ideal setup for a walk-out basement, while offering year-round, uninterrupted views across the shimmering waters of Lake James and out to the Blue Ridge Mountains. With private dock eligibility (pending Duke Power approval), you'll have direct access to the lake’s beautiful water perfect for boating, paddle boarding, fishing, or relaxing with friends and family at sunset. This lot offers incredible flexibility with access to the community well system, or the option to install your own private well. Septic will need to be installed, and the lot has ample space for a home, driveway, and outdoor living areas. The Peninsula at Lake James offers a lifestyle of luxury, adventure, and relaxation, with amenities including: Outdoor Pool with mountain views Gated Entrance for privacy and peace of mind Boat Storage Area Community Day Docks for easy water access Picnic Pavilion Poolhouse Beyond the community, the location is unbeatable: just 20 minutes to Morganton or Marion, where you’ll find local shops, breweries, restaurants, and grocery stores, as well as easy access to Interstate 40. Nature lovers will love the proximity to Pisgah National Forest, Lake James State Park, the Fonta Flora Trail, Linville Gorge, and the scenic Blue Ridge Parkway, all within a short drive. Whether you're building a forever home, vacation getaway, or investment property, this lot is ideal for short-term rentals (STRs are allowed by the community). The demand for high end lakefront vacation homes in this area continues to grow. Don't miss this chance to own a piece of Western North Carolina paradise on one of the most stunning stretches of shoreline in the state. Schedule your showing today and see firsthand what makes 131 West Point Drive one of the best opportunities on Lake James.

131 West Point Drive, Nebo

Listing courtesy of Keller Williams Elite Realty. chuckjohnson@kw.com

$89,000
4233213 MLS ACTIVE Status
Beautiful interior lot just steps from Lake James. One of the best interior lots in The Peninsula! Building sites are near the front of the lot and are gently sloping. Ability to use the community day dock, swimming pool, and boat storage lot; all within walking distance from this lot. When you are not at the pool or fishing on the lake, you can admire the beautiful mountain views of Shortoff, Hawksbill, two beautiful Mountain peaks of Linville Gorge. You are less than one hour away from Asheville, 1.5 hours from Charlotte, the perfect spot for day trips into the big city. Minimum SF to build is 1600. Neighborhood has community well to tap into, so no extra cost for a well is needed! Short term rentals are allowed. Come and see what the lifestyle is like here at the lake!

26 Peninsula Reserve Road Unit #26, Nebo

Listing courtesy of EXP Realty LLC Ballantyne. 828-337-2200

$75,000
4191826 MLS ACTIVE Status
This 1.28 acre interior lot is located in the gated waterfront community of The Peninsula at Lake James. Owner financing is an option if needed! A great gently sloping lot to build your dream home within walking distance of Lake James. This land could be your primary residence or vacation home. Short term rentals are allowed. Gently rolling with possible winter views of Shortoff Mountain and Hawks Bill Mountains. Community well in place for use. Community amenities include a waterfront pool with picnic area and bathrooms, floating community day dock, and boat storage. Located minutes away from Black Bear Marina, Fonta Flora Brewery, or Fonta Flora trail for hiking and mtn biking. Only 18 min to Marion, 20 min to Morganton, 40 min to Linville Falls, 1 hour to Asheville and 1.5 hours to Charlotte airport. You are in the middle of the best of the Blue Ridge Mountains!

V/L Ridge Point Road Unit #9, Nebo

Listing courtesy of EXP Realty LLC Ballantyne. 828-337-2200

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