1559 Old Hwy 10 Road E, Marion, NC
$1,290,000
Listing courtesy of Laureate Realty (Edward Johnson). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
About the home
Rare 11.45 Acres on Lake James – Private Cove & Development Potential! Don’t miss this exceptional opportunity to own 11.45 acres in a quiet cove on Lake James with only two other docks nearby. Located in McDowell County with no zoning restrictions and no minimum square footage to build, this wooded property offers development flexibility and natural privacy. Features include mature hardwoods and pines and over 470 feet of shoreline. Multiple homesite options offer elevated views of the lake and cove. The property can be subdivided, making it ideal for a private estate, family compound, or investment project. Conveniently located adjacent to the Marion Moose Lodge. Existing dock permitted but needs some work. Potential to connect to county water. Gravel road access through Lake James Forest Community (55+ RV community) (estimated road maintenance fee $500/year).
Price in context
- 13th highest asking price of 15 active $1.5M+ homes in Marion.
- Reduced $60,000 (4.4%) from the original $1,350,000 asking price.
- 364 days on the market, listed 2025-08-20.
- County tax assessment $143,130; the asking price is 9.01× the assessed value.
Features
- Waterfront
- Other - See Remarks
- View
- Water, Year Round
- Lot
- Hilly, Wooded, Views, Waterfront
- County
- McDowell
Comparable homes on the market
- 23 Anchor Drive, Nebo — $1,399,000, 4 bd, 3,262 sq ft, 0.4 mi away
- 705 Waters Edge Drive, Nebo — $2,399,000, 4 bd, 4,879 sq ft, 1.4 mi away
- 691 Harborside Drive, Nebo — $1,799,000, 3 bd, 2,364 sq ft, 1.5 mi away
- 143 Nature Walk Drive, Marion — $2,390,000, 4 bd, 3,713 sq ft, 1.5 mi away
- 163 Cabin Bluff Drive #4, Marion — $3,000,000, 4 bd, 3,384 sq ft, 1.9 mi away
- 84 Peninsula Drive #3, Marion — $2,249,000, 2.3 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.