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197 Magnolia Drive Unit 1

Nebo, NC 28761

– beds
– baths
– sqft
~1/2 acre lot
– on site

Amazing year round lake and mountain views! This lot is ready for your full time or vacation home. Driveway has been cut in with retaining wall. Take the path to lake where you'll find a beautiful covered floating dock with lift and sturdy sea wall. Just add a house and you are ready to enjoy all the beauty of Lake James. This lot is served by a community well system and already has the septic for a 4 bedroom home installed as well. And golf enthusiasts will enjoy the adjacent Marion Lake Club for golfing. Just 15 minutes to Marion.

Listing courtesy of CMLS / Engel & Volkers Foothills Lake James

Last checked: Checking… • Last updated Mar 29, 2025 •

MLS# 4230824 —

The Building

Subtype:

Lot
Unit Number:

1
Foundation Details Proposed:

Basement
Habitable Residence:

true

Location

Directions:

Hwy 126, north on Magnolia, Lot on left. See sign.
Latitude:

35.73070153
Longitude:

-81.91554798
Elevation:

1000

The Property

Type:

Land
Lot Features:

Cleared, Rolling Slope, Sloped, Views, Waterfront
Lot Size Area:

0.52
Lot Size Units:

Acres
Possible Use:

Recreational, Residential
Zoning Specification:

R
Zoning:

R
Exterior Features:

Dock
View:

Long Range, Mountain(s), Water, Year Round
Waterfront Features:

Covered structure, Dock, Retaining Wall
Other Structures:

Shed(s)
Horse Amenities:

None
Road Frontage:

119
Road Responsibility:

Private Maintained Road
Road Frontage Type:

Private Road
Road Surface Type:

Paved

Listing Agent

Contact info:

Taxes

Parcel Number:

1733-00-43-8614
Tax Assessed Value:

122500

The Listing

Virtual Tour
Virtual Tour
Special Listing Conditions:

None

Utilities

Utilities:

Underground Power Lines, Underground Utilities
Sewer:

Septic Installed
Water Source:

Community Well

Schools

Elementary School:

Nebo
Middle School:

East McDowell
High School:

McDowell

The Community

Subdivision Name:

Lakeview Shores
Association Name:

Jim Carrier
Association Fee:

$600
Association Fee Paid:

Annually
Restrictions:

Building,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision
Proposed Special Assessment:

No
HOA Subject To:

Required
Water Body Name:

Lake James
Senior Community:

false

Parking

Carport:

false
Open Parking:

false

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
3/5/25 Mar 5, 2025	Listed / Active	CMLS	$299,000

Plot of land For Sale

$299,000

HOA

$50/mo.

Listing provided by broker:

Polly Leadbetter

Engel & Volkers Foothills Lake James

polly.leadbetter@evrealestate.com

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More homes

Newest listings in 28761

This plot of land located in NC 28761 is currently for sale for $299,000. 197 Magnolia Drive Unit 1 is a – square foot plot of land with – beds and – baths that has been on Estately for 26 days. This plot of land is in the attendance area of East Mcdowell Junior High School, Mcdowell High School, and Nebo Elementary School.

Based on information submitted to the MLS GRID as of 3/31/2025 10:16 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Some IDX listings have been excluded from this website. Listings courtesy of Canopy MLS as distributed by MLS GRID.