201 Magnolia Dr, Nebo, NC, 28761

$1,500,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
4,744 SqFt
$316/SqFt
House

Location

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201 Magnolia Dr, Nebo$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Attached Garage, Garage Door Opener
Attached GarageYes
Year Built1994
HeatingOther, Central, Ductless, Electric, Forced Air, Heat Pump, Propane, Zoned
CoolingCeiling Fan(s), Central Air, Dual, Ductless, Electric, Gas, Heat Pump
BasementYes
WaterfrontBoat Lift, Seawall
FireplaceFamily Room, Gas Log, Gas Unvented, Other - See Remarks
ViewWater
MLS #4176763
StatusAccepting Backup Offers
(Active Under Contract)

About 201 Magnolia Dr

Experience the epitome of luxury waterfront mountain living at this remarkable retreat on Lake James. This inviting lakefront residence offers unparalleled serenity and sophistication. The open floorplan blends indoor elegance with the breath-taking scenery outside. Indulge in the comfort of the expansive master suite overlooking the tranquil lake. This home ensures endless opportunities for recreation and relaxation amidst the backdrop of the Lake James nature preserves. This lakefront masterpiece includes a premium boat dock, hot tub, home movie theater, home gym, and so much more. This home presents a rare opportunity to immerse yourself in the ultimate luxury of mountain lakefront living and adventure. Disclosure of Agent Relationship to Seller: Family Member

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1994
  • Living Area: 4,744 SqFt

Listing Office:

  • Office Name: Hart Realty Group LLC
  • Office Email: kerafhart@gmail.com

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Attic Other, Attic Stairs Fixed, Open Floorplan, Walk-In Closet(s)
  • Fireplace: Family Room, Gas Log, Gas Unvented, Other - See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Waterfront: Boat Lift, Seawall
  • View: Water
  • Exterior: Dock

Parking Information:

  • Attached Garage: Yes
  • Parking: Driveway, Attached Garage, Garage Door Opener

Utilities

Utilities Information:

  • Heating: Other, Central, Ductless, Electric, Forced Air, Heat Pump, Propane, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Dual, Ductless, Electric, Gas, Heat Pump

Other

Directions Information:

  • Directions: From NC 126, turn left on Magnolia Dr. Almost across street from Marion Lake Club/Slices Restaurant.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $316/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Annually

Tax Information:

  • Annual Amount: $5,598
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Nebo, NC.

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Nebo, NC

City

Med. Sold Price

$520K

Med. Price/SqFt

$244

Avg. Days On Market

61

# of Sold Homes

5

201 Magnolia Dr vs Nebo

93 DAYS ON ROCKET

+32 Days

$1,500,000

+$980K More

$316/SqFt

+$71 More

KEY TAKEAWAY

This property is $980K more than the Median Sold Price and $71/SqFt more than other homes in Nebo, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4176763

Listing Office:

  • Office Name: Hart Realty Group LLC
  • Office Email: kerafhart@gmail.com

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 1:21:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$5,598$825,700
2020$5,591$812,700
2018$3,677$534,450

History based on county public records data.

Payment Calculator

$7,604

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3504924
7
/10

  • Nebo Elementary School

  • 254 Nebo School Rd

  • 1.38 miles

  • Public District Grades PK-5

school-card-donut-3504925
6
/10

  • Eastfield Global Magnet School

  • 170 Eastfield School Rd

  • 5.06 miles

  • Public Magnet Grades PK-5

school-card-donut-3504926
5
/10

  • Marion Elementary School

  • 209 Robert St

  • 5.84 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,430. Most Nebo, NC residents have annual incomes between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 201 Magnolia Dr

What is the listing price of this property?

The listing price of 201 Magnolia Dr property is $1,500,000.

What type of property is this?

The property 201 Magnolia Dr is a house located in Nebo, North Carolina, 28761.

Is this property for sale now?

Accepting Backup Offers: 201 Magnolia Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,598 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 201 Magnolia Dr has 5 bedrooms and 4 full and 1 half bathrooms.

What is the square footage of this property?

The property 201 Magnolia Dr is 4,744 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 201 Magnolia Dr is 1994.

Rocket Homes›North Carolina›McDowell County›Nebo›28761›201 Magnolia Dr

This home is located at 201 Magnolia Dr in Nebo, NC and zip code 28761. This 4,744 square foot home was built in 1994. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since September 01, 2024 and is currently priced at $1,500,000.

Nebo, NC housing market in November 2024 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 4 sold below. The number of listings in Nebo, NC decreased by 3.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 61 days, the median list price was $520,000.

From Rocket Homes Real Estate and based on county public records data.

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