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McDowell 28761
155 Otter Waller Drive
$2,650,000
● House - For Sale

155 Otter Waller Drive

Nebo, NC 28761
bedrooms
4 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,012 Ft²
$13,611
Est. Monthly
$598
HOA / Fees

About This Property

Prepare to be impressed by this extraordinary custom-built waterfront estate, crafted by the highly reputable Higgins Group, with craftsmanship & high-end finishes from top to bottom. Situated on a 1.61-acre dockable waterfront lot, this remarkable property offers an exceptional combination of privacy, luxury, sophisticated design, and an abundance of indoor and outdoor living spaces. Even better, it's located in Lake James' premier community, Old Wild Life Club, boasting access to the resort-style Camp Lake James club. This club offers a true lodge w/ gorgeous gathering areas, dining/bars, gym, infinity pool, hot tubs, pavilion, sports courts, walking trails, and year-round community events. All located in the foothills with access & views of the Blue Ridge Mountains, hiking, biking, fishing, wineries, breweries, and more... this area is a mecca for the outdoor lover!
From the moment you enter, the quality is unmistakable. Vaulted & 10-ft ceilings, genuine hardwood flooring, 8-ft interior doors, and thoughtful built-ins are just the beginning. The main level centers around a stunning open-concept living, dining, and kitchen area designed for everyday living and impressive entertaining. The kitchen is truly a showpiece, featuring a large island, commercial-grade appliances, Wolf gas range and double ovens, ice maker, professional hood, built-in WOLF coffee machine, custom cabinetry, and a true butler's pantry. Every detail has been thoughtfully selected to create a kitchen that is as functional as it is beautiful. Be sure to see the provided list of standout features and the complete list of appliances included with the home. The main level offers 2 bedrooms, including a spacious front bedroom currently utilized as an office, as well as an extraordinary primary suite. The primary bedroom features a spectacular oversized walk-in closet w/ custom organizational system & an ensuite bath that feels more like a private spa, complete w/ a luxurious soaking tub, quartz vanity, and breathtaking custom-tiled shower. A beautifully appointed 1/2 bath is located just off the main living area for guests. A thoughtfully designed mudroom provides access from the garage and includes stair access to the home's private 2nd living quarters above the garage. This versatile space offers a bedroom, comfortable living room w/ fireplace, full bath, and walk-in closet, ideal for guests or a private retreat. The walkout basement is an entertainer's dream and offers an impressive array of amenities, including a true bar w/ kitchenette, wine cellar, gym, pool table, spacious bedroom w/ large walk-in closet, and 2 beautifully finished full baths (one featuring a dry sauna and the other a wet sauna). A dedicated workshop and substantial storage space add an exceptional level of functionality rarely found in a home of this caliber. Outdoor living is equally impressive. Multiple levels of composite decking include two screened-in back porches and an additional open-air deck, while the lower level opens to a poured patio, creating a private outdoor retreat centered around the hot tub and fire pit area. One of the screened porches is enhanced by its own fireplace, creating an inviting space to enjoy outdoor living well into the cooler months. Additional exceptional features include a Generac whole-house generator, whole-house UV water filtration system, tankless water heater, Superior Walls foundation system, LeafGuard gutters, custom window treatments/shades, high-end appliances throughout & meticulous craftsmanship at every turn. This is more than a luxury home; it is an extraordinary private retreat thoughtfully designed for those who appreciate quality, comfort, & uncompromising attention to detail. With dockable waterfront, expansive grounds, multiple living spaces, extraordinary lower-level amenities & an impressive collection of high-end finishes & systems, this is truly a one-of-a-kind property. Seller would entertain selling many of the furnishings.
Unit Size
4,012 Ft²
Days on Market
-
Land Size
1.61 acres
Price per sqft
$661
Property Type
House
Property Taxes
-
HOA Dues
$598
Year Built
-

Listed By

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Last updated: 13 days ago (CANOPYMLS #CAR4427161)

Price History

Date / Event Date Event Price
Oct 10, 2026 Listed by WNC Real Estate at Lake James $2,650,000
Listed by WNC Real Estate at Lake James

Property Highlights

Elevator
Garage
Air Conditioning
Fireplace
With View
Parking Details
Has Garage
Parking Features: Driveway, Attached
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Built-in Features, Entrance Foyer, Kitchen Island, Open Floorplan, Sauna, Storage, Walk-In Closet(s), See Remarks, Garden Tub, Hot Tub, Split Bedroom, Walk-In Pantry
Appliances: Bar Fridge, Microwave, Convection Oven, Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Ice Maker, Oven, Plumbed For Ice Maker, Water Heater, Refrigerator, Tankless Water Heater, Warming Drawer, Washer/Dryer, Wine Refrigerator, Other, Exhaust Hood, Filtration System
Flooring Type: Tile, Vinyl, Wood
Door Features: Sliding Doors, Insulated Door(s)
Laundry Features: Inside, Laundry Room, Main Level, Sink
Has Fireplace
Fireplace Features: Great Room, Wood Burning Stove
Basement: Full, Interior Entry, Storage Space, Basement Shop
Exterior Details
Square Footage: 4012
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built: 2022
Waterfront Features: Beach - Public, Other - See Remarks
Waterbody Name: Lake James
Levels: Two
Window Features: Window Treatments
Construction Materials: Stone, Hardboard Siding
Patio and Porch Features: Covered, Deck, Front Porch, Patio, Screened, See Remarks
Lot Features: Sloped, Waterfront, See Remarks
Lot Size Area: 1.61
Lot Size Units: Acres
Lot Size Acres: 1.61
Lot Size Square Feet: 70131.6
Water Source: County Water
Financial Details
Tax Assessed Value: $1,647,330
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Heat Pump
Sewer : Septic Installed
Location Details
HOA/Condo/Coop Amenities: Spa/Hot Tub, Trail(s)
HOA Fee: $2,200
HOA Fee Frequency: Annually
Condo/Coop Fee: $4,980
Condo/Coop Fee Frequency: Annually

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About McDowell


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Frequently Asked Questions

When was property at 155 Otter Waller Drive built and last sold?
The property at 155 Otter Waller Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 155 Otter Waller Drive is $2,606,775.
What are some comparable homes to 155 Otter Waller Drive?
There are currently no comparable homes to 155 Otter Waller Drive.