705 Waters Edge Drive Nebo, NC $ 2,399,000
705 Waters Edge Drive
$ 2,399,000
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705 Waters Edge Drive

Nebo, NC, 28761
$ 2,399,000
Bedrooms4 Baths4.0 Sq 4,879

Monthly Estimate*

$ 16,569

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Single Family Home for sale in Nebo, NC

for $2,399,000 with 4 bedrooms and 4 full baths. This 4,879 square foot home was built in 2004 on a lot size of 0.893.

Discover the best of Lake James living in this beautifully maintained waterfront home offering stunning mountain and lake views from nearly every room. Designed for easy entertaining and comfortable everyday living, the open floor plan features two bedrooms on the main level, including a spacious primary suite with double vanities, soaking tub and oversized shower. The dining area flows seamlessly into the kitchen with island, large pantry, and abundant cabinetry. A convenient laundry room offers additional cabinetry and a sink. In the great room, a two-sided gas fireplace creates a focal point and connects the interior to the outdoor living spaces. Ash hardwood floors throughout main level. Step onto the covered deck and enjoy the spectacular views. The finished lower level expands the living space with a game area, family room, second full kitchen, two additional bedrooms, and a hall bath. An additional den or potential fifth bedroom with its own full bath provides flexible accommodations for guests. A large storage area offers excellent potential for an office, hobby space, or additional storage. Speakers throughout the home add to the entertainment experience, with plenty of storage to keep everything organized. With an gentle walk to the water, gazebo, and two-slip dock, enjoying the lake is easy. One slip is covered and equipped with a lift, the second is uncovered. there is also a separate jet ski dock. Dock is equipped with tv hookup, speakers, power and water via pump from the lake. Gather around the fire pit after a day on the lake or enjoy the views from the gazebo with its durable metal roof. The low-maintenance Hardie board exterior and two-car garage with workshop area make ownership easy. Short-term rentals are allowed providing and income generation-rental history is available. Furnishings, boat, and kayaks are negotiable, making this an exceptional opportunity to enjoy Lake James immediately. The Arbor is a quiet gated community jut 15 minutes from Marion NC where you can go for shopping , dining and entertainment. The Arbor community also features walking trails, a lakeside picnic pavilion and boat storage area. Short drive to to hiking and biking trails in Pisgah NF and Fonta Flora State Trail.

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Single Family Active

Price

$ 2,399,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 0

Style

Traditional

Lot Size

0.893

Year Built

2004

Town/City

Nebo

County/Region

McDowell

MLS | Web ID

4416637

Features
General
Living Area 4879
Sewer Septic Installed
Heating Central Electric Forced Air Heat Pump Propane
Cooling Ceiling Fan(s) Central Air Electric Heat Pump
Utilities Electricity Connected Fiber Optics Underground Power Lines Underground Utilities Wired Internet Available
Roof Architectural Shingle
Appliances Dishwasher Dryer Electric Range Gas Range Gas Water Heater Microwave Propane Water Heater Refrigerator Washer Washer/Dryer
Zoning R
HOA Fee 995
Garage Spaces 2
Patio/Porch Features Covered Deck Front Porch Rear Porch
Architectural Style Traditional
Security Features Security System Smoke Detector(s)
Construction Materials Fiber Cement
Year Built 2004
View Long Range Mountain(s) Water Year Round
Levels One
Property Subtype Single Family Residence
Parcel Number 1723-00-34-4621
Elevation 1000
Waterfront Features Covered structure Dock Personal Watercraft Lift
Community Features Boat Storage Gated Lake Access Picnic Area Walking Trails
Assoc Fee Paid Per Annually
County McDowell
New Construction N
Property Type Residential
HOA Y
Subdivision Name The Arbor at Lake James
Garage Y/N Y
Other Structures None
Full Baths 4
High School McDowell
City Nebo
Body of Water Lake James
Association Name IPM Mangement
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School East McDowell
Additional Parcels Y/N N
Virtual Tour https://3amstudio.hd.pics/705-Waters-Edge-Dr/idx https://3amstudio.hd.pics/705-Waters-Edge-Dr/idx
Standard Status Active
Construction Type Site Built
Restrictions Architectural Review Building Manufactured Home Not Allowed Modular Not Allowed Short Term Rental Allowed Square Feet Subdivision
Tax Assessed Value 898880
Listing Terms Cash Conventional
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Interior
Interior Amenities Breakfast Bar Garden Tub Kitchen Island Open Floorplan Walk-In Closet(s)
Basement Daylight Exterior Entry Finished Full Interior Entry Storage Space Walk-Out Access
Flooring Carpet Marble Slate Tile Wood
Fireplace Features Gas Gas Log Living Room See Through
Basement (Y/N) Y
Window Features Insulated Window(s) Window Treatments
Fireplace Y/N Y
Above Grade Finished Area 2501
Half Baths 0
Laundry Features Electric Dryer Hookup Laundry Room Main Level Sink Washer Hookup
Total Bedrooms 4
Below Grade Finished Area 2378
Total Baths 4
SqFt Main 2501
SqFt Lower 0
SqFt Garage 555
SqFt Upper 0
Bedroom 2
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Exterior
Exterior Amenities Fire Pit Dock - Floating
Parking Features Driveway Attached Garage Garage Door Opener Garage Faces Front
Lot Features Rolling Slope Wooded Views Waterfront
Water Source Well
Lot Size Area 0.893
Foundation Details Basement
Road Surface Type Concrete Paved
Door Features Insulated Door(s) Sliding Doors
Other Equipment Fuel Tank - Leased
Road Responsibility Private Maintained Road
Horse Amenities None
Main Level Garage YN Y
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Internal Only
Street Number 1 705
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* Excluded Features
List By
Engel & Volkers Foothills Lake James

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$16,569
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Monthly Principal & Interest
$16,569
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2172626 Elementary School
1884612 Middle School
McDowell High School High School
Pricing History
DatePricePrice ChangeDescription
8/25/2026$2,399,000 Listed Price

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705 Waters Edge Drive, Nebo, NC, 28761 is a Single Family Home for sale at $2,399,000 with 4,879 sqft and a lot size of 0.893. 705 Waters Edge Drive has 4 bedrooms, 4.0 baths, and was built in 2004. The property's zip code is 28761 which is in Nebo, NC