Listing office: Keller Williams Unified
$1,690,000 List price
54 Cottage Grove Dr Nebo, NC 28761
3 beds
4 full, 1 partial
2,920 sqft
$579 / sqft
House
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
Home typeSingle Family Residence
HeatingHeat Pump
StatusAccepting Backup Offers
(Active Under Contract)
(Active Under Contract)
CoolingHeat Pump
Size2,920 sqft
Year built2006
ParkingDriveway, Attached Garage, Garage Door Opener, Garage Faces Front, Keypad Entry
MLS #4246913
Attached garageYes
WaterfrontDock, Boat Lift, Pier
FireplaceFamily Room, Gas Log, Porch, Wood Burning
ViewMountain(s), Water
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 - Floating, 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
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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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. Residents of Nebo, NC typically earn between $35k-100k each year. Most families are married, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
28%
<35k
54%
35k-100k
11%
100k-200k
7%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
35%
Single, No Kids
8%
Single, with Kids
36%
Married, No Kids
21%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
7%
12-17 yrs old
16%
18-34 yrs old
46%
35-64 yrs old
16%
65+ yrs old
What do the neighbors do for fun?
Hunting
NASCAR
Pro Wrestling
Where do the neighbors shop?
Wal-Mart
Bass Pro Shops
Academy Sports & Outdoors
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
Ram
GMC
Chevrolet
What do the neighbors listen to?
Classic Country
New Country
Oldies
All data provided by Home Junction and Claritas
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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.
Accepting Backup Offers: 54 Cottage Grove Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.
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, from all listings sold in Nebo, NC there were more than 0 sold above asking price, over 8 sold below and more than 3 were sold right at the asked price. The number of listings in Nebo, NC decreased by 1.1% between May and June 2025. Listings spent 44 days on the market in June 2025, and had a median list price of $509,287 during the same period.
From Rocket Homes Real Estate and based on county public records data.