155 Otter Waller Drive, Nebo, NC

About the home

Prepare to be impressed by this extraordinary custom-built waterfront estate, crafted by the highly reputable Higgins Group, with craftsmanship & high-end finishes from top to bottom. Situated on a 1.61-acre dockable waterfront lot, this remarkable property offers an exceptional combination of privacy, luxury, sophisticated design, and an abundance of indoor and outdoor living spaces. Even better, it's located in Lake James' premier community, Old Wild Life Club, boasting access to the resort-style Camp Lake James club. This club offers a true lodge w/ gorgeous gathering areas, dining/bars, gym, infinity pool, hot tubs, pavilion, sports courts, walking trails, and year-round community events. All located in the foothills with access & views of the Blue Ridge Mountains, hiking, biking, fishing, wineries, breweries, and more... this area is a mecca for the outdoor lover! From the moment you enter, the quality is unmistakable. Vaulted & 10-ft ceilings, genuine hardwood flooring, 8-ft interior doors, and thoughtful built-ins are just the beginning. The main level centers around a stunning open-concept living, dining, and kitchen area designed for everyday living and impressive entertaining. The kitchen is truly a showpiece, featuring a large island, commercial-grade appliances, Wolf gas range and double ovens, ice maker, professional hood, built-in WOLF coffee machine, custom cabinetry, and a true butler's pantry. Every detail has been thoughtfully selected to create a kitchen that is as functional as it is beautiful. Be sure to see the provided list of standout features and the complete list of appliances included with the home. The main level offers 2 bedrooms, including a spacious front bedroom currently utilized as an office, as well as an extraordinary primary suite. The primary bedroom features a spectacular oversized walk-in closet w/ custom organizational system & an ensuite bath that feels more like a private spa, complete w/ a luxurious soaking tub, quartz vanity, and breathtaking custom-tiled shower. A beautifully appointed 1/2 bath is located just off the main living area for guests. A thoughtfully designed mudroom provides access from the garage and includes stair access to the home's private 2nd living quarters above the garage. This versatile space offers a bedroom, comfortable living room w/ fireplace, full bath, and walk-in closet, ideal for guests or a private retreat. The walkout basement is an entertainer's dream and offers an impressive array of amenities, including a true bar w/ kitchenette, wine cellar, gym, pool table, spacious bedroom w/ large walk-in closet, and 2 beautifully finished full baths (one featuring a dry sauna and the other a wet sauna). A dedicated workshop and substantial storage space add an exceptional level of functionality rarely found in a home of this caliber. Outdoor living is equally impressive. Multiple levels of composite decking include two screened-in back porches and an additional open-air deck, while the lower level opens to a poured patio, creating a private outdoor retreat centered around the hot tub and fire pit area. One of the screened porches is enhanced by its own fireplace, creating an inviting space to enjoy outdoor living well into the cooler months. Additional exceptional features include a Generac whole-house generator, whole-house UV water filtration system, tankless water heater, Superior Walls foundation system, LeafGuard gutters, custom window treatments/shades, high-end appliances throughout & meticulous craftsmanship at every turn. This is more than a luxury home; it is an extraordinary private retreat thoughtfully designed for those who appreciate quality, comfort, & uncompromising attention to detail. With dockable waterfront, expansive grounds, multiple living spaces, extraordinary lower-level amenities & an impressive collection of high-end finishes & systems, this is truly a one-of-a-kind property. Seller would entertain selling many of the furnishings.

Price in context

• Asking $661 per square foot.
• That is 11% above the $597 median across 28 active $1.5M+ homes in Nebo.
• 6th highest asking price of 28 active $1.5M+ homes in Nebo.
• 9th largest by living area of the 26 with a recorded size.
• No price changes since it was listed.
• 0 days on the market, listed 2026-10-10.
• County tax assessment $1,647,330; the asking price is 1.61× the assessed value.
• HOA dues $2,200 (annually).

Location

Neighborhood: Old Wildlife Club, McDowell County, ZIP 28761.

Assigned schools

• Elementary: Nebo
• Middle: East
• High: Mcdowell

School assignments come from the listing and can change; confirm with the district.

Features

Levels

Two

Construction

Hardboard Siding, Stone

Roof

Architectural Shingle

Bathrooms

5 full, 1 half

Basement

Basement Shop, Full, Interior Entry, Storage Space

Fireplace

Yes

Interior

Built-in Features, Entrance Foyer, Garden Tub, Hot Tub, Kitchen Island, Open Floorplan, Sauna, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry, Other - See Remarks

Flooring

Tile, Vinyl, Wood

Kitchen & appliances

Bar Fridge, Convection Microwave, Convection Oven, Dishwasher, Disposal, Double Oven, Exhaust Hood, Filtration System, Gas Cooktop, Gas Oven, Ice Maker, Microwave, Oven, Plumbed For Ice Maker, Propane Water Heater, Refrigerator, Tankless Water Heater, Warming Drawer, Washer/Dryer, Wine Refrigerator, Other

Heating

Heat Pump

Cooling

Ceiling Fan(s), Central Air

Garage

2 spaces

Parking

Driveway, Attached Garage

Exterior

Above Ground Hot Tub / Spa, Fire Pit

Waterfront

Beach - Public, Other - See Remarks

View

Water, Year Round

Lot

Sloped, Waterfront, Other - See Remarks

Community

Clubhouse, Elevator, Fitness Center, Hot Tub, Lake Access, Outdoor Pool, Pickleball, Playground, Recreation Area, Sidewalks, Sport Court, Street Lights, Tennis Court(s), Walking Trails, Other

County

McDowell

Comparable homes on the market

• 94 Osprey Roost Drive, Nebo — $1,299,000, 4 bd, 3,177 sq ft, also in Old Wildlife Club
• 1195a Old Wildlife Club Drive, Nebo — $1,099,000, 1 bd, 1,119 sq ft, also in Old Wildlife Club
• 2007 Old Wildlife Club Drive #4, Nebo — $2,999,999, 5 bd, 3,465 sq ft, also in Old Wildlife Club
• 1195 Old Wildlife Club Drive #89, Nebo — $1,979,000, 4 bd, 1,904 sq ft, 0.6 mi away
• 1904 Old Wildlife Club Road #10, Nebo — $1,100,000, 4 bd, 1,936 sq ft, 0.6 mi away
• 95 Linville View Drive, Nebo — $2,595,000, 3 bd, 3,606 sq ft, 0.7 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.