185 Dulaney Drive
$225,000
3 bd 2 ba 1,321 sqft
185 Dulaney Drive
Nebo, NC 28761
Property Type
Residential
Year Built
1981
Lot Size
5.23 acres
Garage
1 spaces

About This Property

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.

Property Details

Interior

Bedrooms
3
Bathrooms
2
Basement
Yes
Living Area
1,321 sqft
Fireplace
Yes

Exterior & Lot

Lot Size
5.23 acres
Year Built
1981
Garage Spaces
1

Location

Subdivision
None
County
McDowell
ZIP Code
28761

Financial

Listing Terms
Cash, Construction Perm Loan, Conventional, FHA 203(K)

Utilities

Sewer
Septic Installed

Schools

Elementary
Unspecified
Middle School
Unspecified
High School
Unspecified

Interior Features

Storage

Appliances

Electric Range

Heating

Electric, Heat Pump, Wood Stove

Cooling

Heat Pump

Patio & Porch Features

Front Porch

Lot Features

Level, Private, Sloped, Creek/Stream, Wooded

Location

Listing Information

MLS #
CAR4392925
Listing Agent
Rusty Davis
Listing Office
Rus/D Real Estate
Listed Date
Jun 12, 2026
Jonathan Jackson
Jonathan Jackson
Realtor®, Broker in Charge

Contact Jonathan Jackson About This Property

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