For Sale $140,000
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.
| List Price: | $140,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 898 sqft |
| Parking: | Detached Carport, Driveway, Parking Space(s) |
| MLS Number: | CAR4439098 |
| Subdivision: | None |
| Bathrooms: | 1 |
| Lot Description: | Creek Front, Level |
| Year Built: | 1958 |
| Sewer Type: | Septic Installed |
| Elementary: | Glen Alpine |
| Middle: | Table Rock |
| High: | Freedom |
| Date | Event | Price | $/SQFT |
| 11-10-2026 | Price Decrease | $140,000-12.50% | $156 |
| 11-04-2026 | Listed | $160,000 | $179 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| No schools found | |||
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 7345 Mountain Institute Road, Nebo NC | 0 mi | $140,000 | days | |
| 3201 Donahue Drive, Nebo NC | 0.4 mi | $1,395,000 | days | |
| 2050 Long Rifle Ridge Road, Nebo NC | 0.5 mi | $3,150,000 | days | |
| 4092 Dense Acre Trail, Nebo NC | 0.5 mi | $1,345,000 | days | |
| 4064 Dense Acre Trail, Nebo NC | 0.5 mi | $899,000 | days | |
| 5021 Little Acre Road, Nebo NC | 0.5 mi | $925,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By RE/MAX Living
7345 Mountain Institute Road, Nebo NC is a 898 ft2 on a 0.200 acres lot. This is for $140,000. This has 2 bedrooms, 1 baths, and was built in 1958.
Based on information submitted to the MLS GRID as of 2026-11-04 18:00:32 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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