Listing office: Engel & Volkers Foothills Lake James
54 Cottage Grove Dr Nebo, NC 28761
Property details
About 54 Cottage Grove Dr
Discover the ultimate Lake James lifestyle in the gated community of The Arbor. This stunning craftsman home showcases remarkable post-and-beam construction, with exposed beams & cathedral ceilings. Large windows frame breathtaking views of the lake, inviting the natural beauty indoors. The interior highlights natural wood finishes, custom-built-ins, & a grand wall of windows. The main floor features a well-appointed primary bedroom suite & a guest room. Upstairs, you'll find a loft, a wet bar, a bunk room, a bonus room, & two extra bathrooms. Gather in the living room or the inviting screened-in porch, both featuring beautiful fireplaces. This meticulously designed turn-key residence is ideal for entertaining & accommodating guests. Enjoy a usable backyard that includes a spacious private double-decker dock, perfect for your boating & water activities. Whether for personal enjoyment or as a short-term rental, this home makes the perfect retreat in the heart of Lake James.
Highlights
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 4
- Appliances: Dishwasher, Electric Cooktop, Microwave, Tankless Water Heater, Oven, Washer/Dryer
- Basement: No
- Flooring Type: Carpet, Tile, Wood
- Interior: Built-in Features, Kitchen Island, Open Floorplan, Pantry, Wet Bar
- Fireplace: Family Room, Gas Log, Porch, Wood Burning
- Total Bedroom Count: 3
- Attached Garage: Yes
- Parking: Driveway, Attached Garage, Garage Door Opener, Garage Faces Front, Keypad Entry
- Waterfront: Dock, Boat Lift, Pier
- View: Mountain(s), Water
- Exterior: Fire Pit, Dock, Hot Tub
- Architectural Style: Post and Beam
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $1,690,000
- Price/SqFt: $578
- HOA Amount: $860 Annually
- Annual Tax Amount: $8,456
- Tax Year: 2023
- Directions: Follow GPS see signs gate code needed
- Year Built: 2006
- Living Area: 2,920 SqFt
- MLS Number: 4246913
- Office Name: J. Peterson Realty & Associate
- Office Phone: (828) 460-7508
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Price information
Property sales
Date | Event | Price |
---|---|---|
Oct 12, 2017 | Home Sold | $1,000,000 |
Sep 13, 2005 | Home Sold | $220,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,265,930 | $8,456 |
2021 | $994,850 | $6,745 |
2020 | $994,850 | $6,844 |
2018 | $685,810 | $4,718 |
History based on county public records data.
Nearby schools
3
Nebo Elementary School
Public District PK-5
2.3 mi
•254 Nebo School Rd
5
Eastfield Global Magnet School
Public Magnet PK-5
2.9 mi
•170 Eastfield School Rd
6
Marion Elementary School
Public District PK-5
3.3 mi
•209 Robert St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,430. Typical income of Nebo, NC residents is between $35k-100k annually. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 54 Cottage Grove Dr
The listing price of 54 Cottage Grove Dr property is $1,690,000.
The property 54 Cottage Grove Dr is a house located in Nebo, North Carolina, 28761.
Active Listing: 54 Cottage Grove Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 54 Cottage Grove Dr are: Nebo Elementary School (GreatSchools Rating 3/10), Eastfield Global Magnet School (GreatSchools Rating 5/10), Marion Elementary School (GreatSchools Rating 6/10), East Mcdowell Middle School (GreatSchools Rating 4/10), West Mcdowell Middle School (GreatSchools Rating 5/10), Foothills Community School (GreatSchools Rating 7/10), McDowell High School (GreatSchools Rating 3/10), McDowell Early College (GreatSchools Rating 10/10), McDowell Academy for Innovation (GreatSchools Rating 10/10).
According to the records, the last property tax for 2023 is $8,456 (source: MLS/based on county public records data).
The last sale was on October 12, 2017 for $1,000,000 (source: MLS/tax record).
The property at 54 Cottage Grove Dr has 3 bedrooms and 4 full and 1 half bathrooms.
The property 54 Cottage Grove Dr is 2,920 SqFt (source: MLS/tax record).
The year of construction for 54 Cottage Grove Dr is 2006.
This home is located at 54 Cottage Grove Dr in Nebo, NC and zip code 28761. This 2,920 square foot home was built in 2006. Features: 3 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $1,690,000.
In June 2025 more than 0 listings in Nebo, NC were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 8 were sold below. The inventory of homes for sale in Nebo, NC between May and June 2025 decreased by 1.1%. In June 2025 median list price was $509,287 and the average listing age was 44 days.