The Peninsula At Lake James Homes for Sale
13 homesgated communityCommunity Highlights
- High share of waterfront inventory within a gated Lake James setting
- Community pool, day dock, and boat storage reinforce the lakefront lifestyle
- Large wooded homesites with frequent mountain-view orientation
- Close access to Fonta Flora State Trail, Lake James State Park, and nearby marinas
* Based on what we noticed in listing details.
Pavilion · Pool House · Picnic Area +1
Lake Overlook · Bathhouse
* Based on what we noticed in listing details.
Architecture & Style
- Waterfront Or View Oriented Homesites
- Gently Sloped Building Sites
- Private Dock Potential
- Large Wooded Lots
- Community Well Access
- Open Floor Plans
- Covered Outdoor Living
* Based on what we noticed in listing details.
Location & Proximity
Blue Ridge foothills along Lake James
- Lake James State Park
- Fonta Flora State Trail
- Fonta Flora Brewery
- Linville Gorge
- Bear Creek Marina
* Based on what we noticed in listing details.
Lots and Land in The Peninsula At Lake James
The Peninsula at Lake James is a gated Lake James address where the setting does most of the talking: broad water frontage, mountain sightlines, and homesites that are notably larger than the typical mountain-lake lot.
The Peninsula at Lake James is a gated Lake James address where the setting does most of the talking: broad water frontage, mountain sightlines, and homesites that are notably larger than the typical mountain-lake lot. Waterfront property defines the community, but even interior parcels are regularly positioned for views toward Shortoff Mountain, Hawksbill, Linville Gorge, and the Blue Ridge ridgeline.
Community Highlights
Lake access is central to everyday use here. Most listings emphasize either direct shoreline or close proximity to the water, and many waterfront homesites are marketed with private dock potential subject to Duke approval. Closed sales show a clear premium for waterfront property, with lakefront closings averaging well above interior lots, and the strongest prices clustering along streets such as Linville View Drive where open-water exposure and mountain views overlap.
Homesites generally range from about 0.88 to 3.53 acres, with an average around 1.66 acres, so the neighborhood reads more spacious than many resort-style lake communities. The built inventory is limited but pointed: the three closed home sales in the records were all waterfront custom homes from 2018 to 2021, including contemporary designs with large view windows, open layouts, covered outdoor living, and two-car garages. Across both lots and finished homes, the recurring theme is a custom lake house setting rather than a production subdivision feel.
These insights are based on listing details and are informational only; verify details for any specific property.
Market Trends
Buyers have more negotiating power. Properties may take longer to sell. There's typically room for negotiation on price.
Year-over-Year Comparison
Last 12 monthsRecently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
![]() SOLD 17 Aqua Vista Way | Feb 12 2026 | $490,000 | 29 | 89% | — | — |
2 month gap in market activity | ||||||
![]() SOLD Tbd Ridge Point Road 3 | Dec 12 2025 | $60,000 | 150 | 76% | — | — |
![]() SOLD 77 Whispering Pines Trail 82 | Nov 17 2025 | $360,000 | 139 | 96% | — | — |
![]() SOLD 223 Linville View Drive 3 bed3 bath | Oct 1 2025 | $1.85M | 132 | 92% | 2400 sq ft | $770 |
![]() SOLD 123 Linville View Drive | Sep 16 2025 | $650,000 | 65 | 🎯100% | — | — |
2 month gap in market activity | ||||||
![]() SOLD 268 Crest View Drive 94 | Jul 15 2025 | $30,000 | 21 | 🎯103% | — | — |
![]() SOLD 267 Crest View Drive | Jun 30 2025 | $475,000 | 63 | 95% | — | — |
2 month gap in market activity | ||||||
![]() SOLD 588 Peninsula Reserve Road 35 | Apr 30 2025 | $60,000 | 289 | 95% | — | — |
6 month gap in market activity | ||||||
![]() SOLD 154 West Point Drive 134 | Oct 31 2024 | $375,000 | 75 | 95% | — | — |
![]() SOLD 597 Peninsula Reserve Road 34 | Sep 4 2024 | $53,000 | 392 | 89% | — | — |
![]() SOLD 153 Gray Ridge View Drive 63 | Jul 31 2024 | $280,000 | 118 | 97% | — | — |
![]() SOLD Tbd Setting Sun Trail 115 | Jun 17 2024 | $385,000 | 108 | 97% | — | — |
![]() SOLD 214 Ridge Point Road 10 | May 14 2024 | $65,000 | 508 | 93% | — | — |
![]() SOLD V L 41 Frasier Fir Trail | Apr 11 2024 | $52,250 | 183 | 80% | — | — |
![]() SOLD Tbd Linville View Drive 8 | Apr 8 2024 | $450,000 | 177 | 98% | — | — |
![]() SOLD 93 Ridge Point Road 17 | Mar 14 2024 | $75,000 | 34 | 79% | — | — |
![]() SOLD V L Ridge Point Road 1 | Feb 12 2024 | $17,000 | 749 | 85% | — | — |
2 month gap in market activity | ||||||
![]() SOLD Tbd Crest View Drive 107 | Dec 4 2023 | $200,000 | 237 | 91% | — | — |
![]() SOLD 146 Frasier Fir Trail 38 | Nov 17 2023 | $30,000 | 205 | 60% | — | — |
![]() SOLD 27 W Point Drive 121 | Oct 24 2023 | $285,000 | 419 | 95% | — | — |
![]() SOLD 67 Gray Ridge View Drive | Oct 18 2023 | $375,000 | 79 | 99% | — | — |
![]() SOLD 190 Linville View Drive 20 | Sep 22 2023 | $418,000 | 99 | 93% | — | — |
![]() SOLD 365 Peninsula Reserve Road 25 | Aug 17 2023 | $115,000 | 63 | 89% | — | — |
3 month gap in market activity | ||||||
![]() SOLD 53 Quiet Cove Way 43 | May 1 2023 | $352,000 | 41 | 94% | — | — |
![]() SOLD Lot 86 Crest View Drive | Mar 20 2023 | $35,000 | 170 | 84% | — | — |
4 month gap in market activity | ||||||
![]() SOLD V L Crest View Drive 78 | Oct 28 2022 | $37,000 | 98 | 82% | — | — |
![]() SOLD 597 Peninsula Reserve Road 34 | Sep 30 2022 | $46,000 | 574 | 92% | — | — |
![]() SOLD V L Pine Ridge Drive 48 | Sep 29 2022 | $51,000 | 185 | 93% | — | — |
![]() SOLD V L Peninsula Reserve Road 35 | Sep 21 2022 | $40,000 | 334 | 🎯100% | — | — |
![]() SOLD V L Ridge Point Road 17 | Aug 8 2022 | $60,000 | 119 | 92% | — | — |

17 Aqua Vista Way
$490,000

Tbd Ridge Point Road 3
$60,000

77 Whispering Pines Trail 82
$360,000

223 Linville View Drive
$1,848,055

123 Linville View Drive
$650,000

268 Crest View Drive 94
$30,000

267 Crest View Drive
$475,000

588 Peninsula Reserve Road 35
$60,000

154 West Point Drive 134
$375,000

597 Peninsula Reserve Road 34
$53,000

153 Gray Ridge View Drive 63
$280,000

Tbd Setting Sun Trail 115
$385,000

214 Ridge Point Road 10
$65,000

V L 41 Frasier Fir Trail
$52,250

Tbd Linville View Drive 8
$450,000

93 Ridge Point Road 17
$75,000

V L Ridge Point Road 1
$17,000

Tbd Crest View Drive 107
$200,000

146 Frasier Fir Trail 38
$30,000

27 W Point Drive 121
$285,000

67 Gray Ridge View Drive
$375,000

190 Linville View Drive 20
$418,000

365 Peninsula Reserve Road 25
$115,000

53 Quiet Cove Way 43
$352,000

Lot 86 Crest View Drive
$35,000

V L Crest View Drive 78
$37,000

597 Peninsula Reserve Road 34
$46,000

V L Pine Ridge Drive 48
$51,000

V L Peninsula Reserve Road 35
$40,000

V L Ridge Point Road 17
$60,000
Market Statistics
The The Peninsula At Lake James real estate market shows buyer's market conditions. Homes typically sell within 215 days. With 5 active listings and 0 homes sold in the past year, Buyers have more negotiating power and time to decide.
Pricing
Median Price:$325,000
Average Price:$291,960
Property Details
Avg Lot Size:1.09 acres
Market Activity
Active Listings:5
Sold Last Year:0
Median Days to Sell:215 days
Community Info
Has HOA:No
New Construction:0%
Recently Off Market Properties
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