Active

Price cut: $20.9K (4/21)

$99,000

254 Peninsula Reserve Rd, Nebo, NC 28761

--beds

--baths

2.86Acres

Unimproved Land

Built in ----

2.86 Acres Lot

$-- Zestimate^®

$--/sqft

$95/mo HOA

What's special

Gently sloping lotSerene and picturesque backdrop

Discover the perfect canvas for your dream home with this 2.86-acre interior lot in a prestigious gated community The Peninsula at Lake James. Ideally situated directly across from the community pool and dock, this gently sloping lot offers both convenience and tranquility, with breathtaking views of Shortoff Mountain providing a serene and picturesque backdrop. Featuring a 4 bedroom septic improvement permit already on file, the property is primed for your ideal residence. The Peninsula has lots of amenities such as the community pool, day dock, (both right across the street) and on site boat storage area. Experience the best of lake living and outdoor enjoyment in a community that combines natural beauty with modern amenities. Don’t miss this rare opportunity to secure a prime piece of property in one of the area’s most sought-after neighborhoods and start building the home you've always envisioned!

52 days

80

2

Facts & features

Interior

Interior area

Finished area below ground: 0

Property

Features

Waterfront features: Boat Slip – Community

Lot

Size: 2.86 Acres
Features: Private, Sloped, Views

Details

Parcel number: 172400930425
Zoning: McDowell
Special conditions: Standard

Utilities & green energy

Sewer: Septic Needed
Water: Community Well, Well Needed
Utilities for property: Cable Available, Propane, Underground Utilities

Community & HOA

Community

Features: Cabana, Gated, Lake Access, Recreation Area

HOA

Has HOA: Yes
HOA fee: $1,136 annually
HOA name: Cedar Mgnt.

Location

Region: Nebo
Elevation: 1500 Feet

Financial & listing details

Tax assessed value: $72,000
Annual tax amount: $503
Date on market: 3/11/2026
Cumulative days on market: 42 days
Listing terms: Cash,Conventional,FHA,FHA 203(K),USDA Loan,VA Loan
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
4/21/2026	Price change	$99,000-17.4%
Source: Canopy MLS as distributed by MLS GRID #4356083 Report a problem
3/11/2026	Listed for sale	$119,900
Source: Canopy MLS as distributed by MLS GRID #4356083 Report a problem
8/1/2025	Listing removed	$119,900
Source: Canopy MLS as distributed by MLS GRID #4220818 Report a problem
2/7/2025	Listed for sale	$119,900+49.9%
Source: Canopy MLS as distributed by MLS GRID #4220818 Report a problem
11/2/2021	Sold	$80,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$503	$72,000
2024	$503	$72,000
2023	$503 +18.3%	$72,000 +20%
2022	$425 +2.9%	$60,000
2021	$413 -1.4%	$60,000
2020	$419 -98.4%	$60,000 +50%
2017	$25,620	$40,000

Find assessor info on the county website

Monthly payment

Estimated monthly payment

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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