$85,000
●
Land -
For Sale
152 Dockside Drive #7A
Nebo, NC 28761
Studio
0 Bath
$557
Est. Monthly
$139
HOA / Fees
About This Property
Discover the perfect blend of serenity and convenience with this
exceptional +/- 0.84-acre corner lot near the shores of Lake James.
Priced below tax value! Nestled in a tranquil setting, this
property offers a prime opportunity for those seeking a lakeside
lifestyle in a gated community. Conveniently located 10 minutes
from Marion and less than an hour away from downtown Asheville.
Imagine building your dream home or vacation retreat in this
peaceful neighborhood, surrounded by the natural beauty of the
area. Enjoy easy access to the lake and take advantage of the
beautiful pavilion and bathroom area conveniently located right
next to the boat slips, providing residents with a comfortable and
inviting space to relax by the water. Walking trails throughout the
community. Community boat slip conveys with the purchase. Well &
septic needed.
Unit Size
-
Days on Market
-
Land Size
0.84 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$139
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 12 months ago (CANOPYMLS #CAR4320666)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 10, 2025 | Listed by Engel & Volkers Foothills Lake James | $85,000 | |
| Listed by Engel & Volkers Foothills Lake James | |||
| Feb 7, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Mar 26, 2024 | Listed by Keller Williams Professionals | $110,000 | |
| Listed by Keller Williams Professionals | |||
| | |||
|
Discover the perfect blend of serenity and convenience with this exceptional +/- 0.84-acre corner lot near the shores of Lake James. Nestled in a tranquil setting, this property offers a prime opportunity for those seeking a lakeside lifestyle in a gated community. Conveniently located 10 minutes from Marion and less than an hour away from downtown Asheville! Imagine building your dream home or vacation retreat in this peaceful neighborhood, surrounded by the natural beauty of the area. Enjoy easy access to the lake and take advantage of the beautiful pavilion and bathroom area conveniently located right next to the boat slip, providing residents with a comfortable and inviting space to relax by the water. Don't miss your chance to own a piece of Lake James paradise on this picturesque corner lot!
| |||
Property Highlights
Exterior Details
Waterfront Features: Boat Slip – Community, Boat Slip (Deed)
Waterbody Name: Lake James
Other Structures: None
Lot Features: Corner Lot, Private, Rolling Slope, Wooded
Lot Size Area: 0.84
Lot Size Units: Acres
Lot Size Acres: 0.84
Lot Size Square Feet: 36590.4
Water Source: Well
Financial Details
Tax Assessed Value: $90,000
Utilities Details
Sewer : Septic Needed
Location Details
HOA/Condo/Coop Amenities: Picnic Area, Trail(s)
HOA Fee: $1,668
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/20/2025
| |
Loft
|
-
|
-
|
$95,000
Loft
-
|
-
-
|
Ted Schmidt
Carolina Select Real Estate, Inc.
|
|
03/26/2024
|
Loft
|
-
|
-
|
$110,000
Loft
-
|
-
-
|
Jesse Pruitt
Keller Williams Professionals
| |
|
11/15/2023
| |
Loft
|
-
|
-
|
$110,000
Loft
-
|
-
-
|
Jesse Pruitt
Keller Williams Professionals
|
Building Info
About McDowell
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Listed by: Polly Leadbetter, Engel & Volkers Foothills Lake James
Last Updated: 12 months ago
Data Source: CANOPYMLS, MLS# CAR4320666
Last Updated: 12 months ago
Data Source: CANOPYMLS, MLS# CAR4320666
Details provided by CANOPYMLS as Distributed by MLS Grid and may not match the public record.
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.
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.
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