UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
Subdivision Plantation Point
MLS Listing ID 4328163
HOA Fees $565/ann
HOA Y/N 1
Lot Size 0.630 Acres
Acres 0.63
Property Sub-Type Lot
Property Description
Motivated Seller and waterfront lot with mountain views! A RARE FIND in the Plantation Point community. Three doors down is a another lot for sale by the same owner, so there is a good investment opportunity here... ESPECIALLY AT THESE PRICES!
These lots represent some of the minute few remaining lots that are “buildable” on Lake James.
When it comes to valuing real estate as in investable asset, what's important to understand about these lots in Plantation Pointe is that “scarcity drives premium value!” These two lots will not disappoint in this metric— It is your opportunity to secure a stake in one of Western North Carolina's most appreciating assets.
A rare lakefront opportunity with rare “hot” limited lots available, is fueling robust appreciation with median home values climbing 12%-15% annually on Lake James since 2020, outpacing the national average and the nearby Asheville markets, thanks to low inventory and the lake's “blue-chip” status.
These lots give the savvy buyer an affordable entry, meet high ROI, with comps showing 20%+ equity gains in under 3 years. Located in one of the 30 exclusive communities on one of the hottest lakes, these lots are an heirloom asset: build now, and watch your equity soar like one of the lake's renown bald eagles over the water!
Plantation Pointe— “Old -School Lake Life Without the Crowds.”
Plantation Pointe is a mature community located on the southwest shore of Lake James, just 4 miles from downtown Marion. It is limited to around 60 lots, presenting a low density experience, and it is one of the more established of the 31 exclusive communities that are located around Lake James. This thoughtfully planned community features buried utilities, paved roads, and street lights throughout— making it a safe haven designed to preserve the surrounding foothills of the Blue Ridge and convenience to downtown Marion. The community features deeded or rental slips at a central dock providing hassle-free access to to the water, a shared lakeside pavilion with grill, fire pit, and benches for picnics, sunset gatherings, or casual neighborhood events— Perfect for watching the Lake James's bald eagles soar while roasting those marshmallows. There are wooded paths winding throughout the community.
Plantation Pointe delivers the lake life— refined, resilient, and ripe for your story.
You are 4 minutes to downtown Marion, 4 minutes to I-40, 6 minutes to Mission Hospital McDowell, 35 minutes to Asheville, NC, 40 minutes to Hickory, and a 1.5 hour drive from Charlotte.
Location
State NC
County Mcdowell
Zoning R3
Body of Water Lake James
Exterior
Community Features Lake Access, Street Lights
Utilities Available Cable Available, Underground Power Lines
Waterfront Description Boat Slip – Community
View Mountain(s), Water, Year Round
Street Surface Paved
Building
Lot Description Flood Fringe Area, Sloped, Wooded, Views, Waterfront
Sewer Septic Needed
Water Well Needed
Schools
Elementary Schools Nebo
Middle Schools East Mcdowell
High Schools Mcdowell
Others
HOA Name Plantation Point HOA
Senior Community false
Restrictions Building,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Relocation