7345 S Mountain Institute Road Nebo, NC $ 160,000
7345 S Mountain Institute Road
$ 160,000
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7345 S Mountain Institute Road

Nebo, NC, 28761
$ 160,000
Bedrooms2 Baths1.0 Sq 898

Monthly Estimate*

$ 1,105

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Single Family Home for sale in Nebo, NC

for $160,000 with 2 bedrooms and 1 full bath. This 898 square foot home was built in 1958 on a lot size of 0.2.

This charming two bedroom, one bath home in Nebo offers an affordable opportunity to own a home just minutes from the beautiful Lake James area. Featuring 898 square feet of living space, the home offers a functional, single level floor plan with a cozy living room, a kitchen with an adjoining dining area and a metal roof. Situated on approximately 0.20 acres, the level, unrestricted property features a small creek running through the back of the property, a detached carport, and an additional storage shed. With no HOA or restrictions, there's room to make this property your own! The location is a standout feature, offering convenient access to Lake James State Park, Fonta Flora Brewery, and Bear Creek Marina, with boating, fishing, hiking, and outdoor recreation nearby. Whether you're searching for a primary residence, weekend getaway, or investment opportunity, this property offers an affordable option in a desirable location near Lake James. Property is being sold as-is, with the seller making no repairs. Cash offers only.

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Single Family Active

Price

$ 160,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.2

Year Built

1958

Town/City

Nebo

County/Region

McDowell

MLS | Web ID

4439098

Features
General
Living Area 898
Sewer Septic Installed
Heating Kerosene
Cooling None
Roof Metal
Appliances Electric Cooktop Electric Oven Electric Range Refrigerator Washer
Garage Spaces 0
Construction Materials N/A
Year Built 1958
Levels One
Property Subtype Single Family Residence
Parcel Number 1734658618
Waterfront Features None
County Burke
New Construction N
Property Type Residential
HOA N
Subdivision Name None
Garage Y/N N
Other Structures Shed(s)
Full Baths 1
High School Freedom
City Nebo
Senior Community Y/N N
Lot Size Units Acres
Carport Spaces 1
Carport Y/N Y
Elementary School Glen Alpine
Middle/Junior High School Table Rock
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Restrictions No Restrictions
Tax Assessed Value 41070
Listing Terms Cash
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Interior
Flooring Carpet Tile Wood
Basement (Y/N) N
Fireplace Y/N N
Above Grade Finished Area 898
Half Baths 0
Laundry Features In Kitchen Main Level
Total Bedrooms 2
Below Grade Finished Area 0
Total Baths 1
SqFt Main 898
SqFt Lower 0
SqFt Upper 0
Bedroom 2
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Exterior
Parking Features Detached Carport Driveway Parking Space(s)
Lot Features Creek Front Level
Water Source Well
Lot Size Area 0.2
Foundation Details Crawl Space
Road Surface Type Asphalt Paved
Other Equipment Fuel Tank - Owned
Road Responsibility Publicly Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 7345
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* Excluded Features
List By
Re/Max Living

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Affordability Calculator

$1,105
Per Month
100%
0%
0%
Monthly Principal & Interest
$1,105
Monthly Property Taxes
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Monthly Home Insurance
--
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
2129479 Elementary School
371304 Middle School
Freedom High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2026$160,000 Listed Price

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7345 S Mountain Institute Road, Nebo, NC, 28761 is a Single Family Home for sale at $160,000 with 898 sqft and a lot size of 0.2. 7345 S Mountain Institute Road has 2 bedrooms, 1.0 baths, and was built in 1958. The property's zip code is 28761 which is in Nebo, NC