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202 Panorama Dr, Nebo, NC, 28761

4beds
4baths
3,436sqft
$787,000
$229price/sqft
$4,976/moest. monthly cost
$199,040/yrincome needed

About This Home

Enjoy the peace and tranquility of this stunning mountain top retreat. The spectacular views are truly breathtaking. There are year round views of Grandfather Mountain, Pilot Mountain and all the surrounding Blue Ridge Mountains. The morning sunrises and evening sunsets can be viewed from the wraparound covered porches and decks. The 2.29 acres are beautifully landscaped with flowering plants and trees. Upon entering this custom log cabin it is evident this is a one of a kind cabin and location. It is tastefully decorated and immaculately maintained. There is plenty of room for friends and large family gatherings. Above the detached garage is a full apartment with it's own kitchen , fireplace and deck. If you have been wanting a NC mountain top property this is it! The Hidden Lake community features a pool and jetted spa, a fishing and paddling lake , hiking trails and a creekside park. Only 9 miles to I-40 but a world away. Make your NC mountain dreams come true.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

6/10
10/10
McDowell Early CollegeGrades 9-127.4 mi

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Log

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Electric Oven,Electric Range,Ice Maker,Refrigerator
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Walk-Out Access,Walk-Up Access

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bedrooms: 1

Features

  • Total Primary Heated Living Area: 2738
  • Window features: Insulated Windows
  • Flooring: Carpet,Hardwood,Tile
  • Fireplace features: Den,Family Room,Propane
  • Finished area below ground: 910
  • Finished area above ground: 1,828

Heating & Cooling

  • Heating features: Electric,Heat Pump,Propane
  • Cooling features: Ceiling Fan(s),Central Air,Electric

Interior Area

  • Total structure area: 1,828
  • Total interior livable area: 3,436 sqft

Primary Bedroom

  • Features: Breakfast Bar,Built-in Features,Cathedral Ceiling(s),Ceiling Fan(s),Open Floorplan,Vaulted Ceiling(s)
  • Level: Main

Property

Details

  • Parcel number: 164700355667
  • Zoning: RES
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Private pool: Yes
  • Pool features: Community,In Ground,Outdoor Pool,Pool/Spa Combo
  • Patio & porch: Covered,Deck,Front Porch,Porch,Side Porch,Wrap Around
  • Has view: Yes
  • View description: Mountain(s),Year Round
  • Waterfront features: Boat Slip – Community,Dock,Paddlesport Launch Site
  • Waterbody name: Hidden Lake

Lot

  • Lot size: 2.29 Acres

Parking

  • Total spaces: 5
  • Parking features: Driveway,Detached Garage,Garage Door Opener,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning
Strong Wind
Cold Wave
Hail
Landslide
Tornado

FEMA Declared Disasters in McDowell County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,979$47,748
Home Insurance *$230$2,760
Property Taxes $447$5,364
Electricity $320$3,840
Total$4,976$59,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$170,605/yr
40% on housing$149,280/yr
45% on housing$132,693/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.5%
1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$229This listing

vs Other Active Listings

Avg $/sqft

ZIP 28761$460
McDowell County$259

vs Homes Sold Last Month

Median $/sqft

ZIP 28761$274
McDowell County$232

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-21Price change$825,000
2026-01-28Price change$845,000
2025-08-09Listed for sale$875,000
2025-06-26Listing removed$799,000
2025-04-23Price change$799,000
2025-02-19Listed for sale$847,000
2024-09-21Listing removed$869,000
2024-08-01Price change$869,000
2024-06-27Price change$875,000
2024-05-29Listed for sale$897,000
2024-05-18Listing removed--
2024-04-21Price change$897,000
2024-03-10Price change$975,000
2024-01-30Listed for sale$995,000
2008-05-23Sold$465,000
2005-01-12Sold$121,000

For Sale by Agent

AgentMargaret Edgerton
BrokerageHoward Hanna Beverly-Hanks, Lake Lure

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