Description
ATTENTION SWEAT EQUITY BUYERS & INVESTORS!! 3BD/2BA OPPORTUNITY ON 5.23 ACRES NEAR LAKE JAMES!! >> Take advantage of this great opportunity to build equity. With some updating, this 1981 split-foyer build could yield a great ROI. Potential to subdivide and build multiple new homes, or keep as one private estate with 5.23 useable acres. Small creek on property. SPECS: 1, 321 sq ft of heated living area on the main level w/additional 1, 267 sq ft ready to be finished in the basement, 7’3″ clearance in basement allows for future marketable living area, strong floor trusses 16″ on center for a solid structure with all plumbing/HVAC/electrical above, wood-burning fireplace & wood-burning stove, Large open living/dining area, ensuite bath in master bedroom, 200-amp electrical panel with updated wiring, PVC plumbing waste lines & copper supply lines, and slate flooring in foyer. Outdoors the land is gently sloped with a small creek that runs across the property. There is also an old in-ground pool above the home that is overgrown. Assess for potential rehab or just fill in. This fixer-upper has great potential and is located off HWY 126 just 1 mile from Marion Lake Club, 2 miles from Lake James State Park, 3.7 miles from Lake James Canal Bridge Access, and 3.7 miles from I-40.
Address
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Address: 185 Dulaney Drive
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City: Nebo
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State/county: NC
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Zip/Postal Code: 28761
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Area: NONE
Details
Updated on June 12, 2026 at 5:12 pm-
Property ID 4392925
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Price $225,000
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Bedrooms 3
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Bathrooms 2
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Garage 1
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Year Built 1981
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Property Type Single Family Residence, Residential
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Property Status Active, For Sale
Additional details
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Listing Terms Cash, Construction Perm Loan, Conventional, FHA 203(K)
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Roof Architectural Shingle
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Sewer Septic Installed
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Cooling Heat Pump
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Heating Electric, Heat Pump, Wood Stove
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Flooring Carpet, Linoleum, Slate
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County Mc Dowell
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Property Type Residential
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Pool In Ground
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Parking Basement, Driveway, Attached Garage
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
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Waterfront Other - See Remarks
Features
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Down Payment
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Loan Amount
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Monthly Mortgage Payment
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Property Tax
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Home Insurance
Contact Information
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