$10,250,000
$1M PRICE DROP

Estimated payment $58,502/month

Total Views 8,987
4 Beds
7 Baths
5,608 Sq Ft
$1,828 Price per Sq Ft

Highlights

  • Golf Course Community
  • Fitness Center
  • Open Floorplan
  • Access To Lake
  • Waterfront
  • Clubhouse

About This Home

One of Lake Toxaway and Western North Carolina’s most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two prime lakefront point lots with 326 feet of lake frontage on fabled Lake Toxaway. Situated very close to the Lake Toxaway Country Club, Greystone Inn, Marina, and all amenities Lake Toxaway offers, this Old World Estate offers the finest appointments including extensive stone work, large, spacious rooms, three wood burning masonry fireplaces, chef’s kitchen, expansive master suite with en-suite paneled library, gracious guest suites upstairs, bonus room with full bath over a two car garage, generator, golf cart garage, extensive outdoor entertaining spaces including a covered dining porch, firepit, large stationary dock, two stall boat house, and one of the most spectacular lake and mountain views in the mountains of North Carolina. This home is a rare opportunity and a must see.

Listing Agent

Art Fisher

Fisher Realty - 10 Park Place Brokerage Email: artfisher@fisherrealtync.com License #169780 Listed on: 12/27/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,280

Year Built

  • Built in 1998

Lot Details

  • Waterfront
  • Private Lot
  • Corner Lot

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Golf Cart Garage

Property Views

  • Water
  • Mountain

Home Design

  • Traditional Architecture
  • Old World Architecture
  • Slate Roof
  • Wood Siding
  • Stone Siding
  • Synthetic Stucco Exterior

Interior Spaces

  • 1.5-Story Property
  • Open Floorplan
  • Wet Bar
  • Wired For Data
  • Built-In Features
  • Bar Fridge
  • Wood Burning Fireplace
  • Insulated Windows
  • French Doors
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Home Security System

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Indoor Grill
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • Split Bedroom Floorplan
  • Walk-In Closet
  • Mirrored Closets Doors
  • Garden Bath

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Exterior Basement Entry
  • Basement Storage

Outdoor Features

  • Access To Lake
  • Deck
  • Covered patio or porch
  • Fire Pit

Schools

  • T.C. Henderson Elementary School
  • Rosman Middle School
  • Rosman High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Uses Propane
  • Underground Utilities
  • Power Generator
  • Propane
  • Septic Tank
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 8522-16-6570-000

Community Details

Overview

  • Ipm Corporation Association, Phone Number (828) 966-9453
  • Lake Toxaway Estates Subdivision
  • Mandatory home owners association

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Sport Court
  • Indoor Game Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Putting Green
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,280

Year Built

Built in 1998

Lot Details

0

HOA Fees

$441 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Old World, Traditional
  • Year Built: 1998
  • Restrictions: Architectural Review,Building,Deed,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision
  • Special Assessment Yn: 0
  • Proposed Special Assessment Yn: 0
  • Second Living Quarters: Upper Level Garage
  • Road Surface Type: Brick, Concrete, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 1827.75
  • Property Sub Type Additional: None
  • Geocode Confidence: High
  • Attribution Contact: artfisher@fisherrealtync.com
  • Special Features: None

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Cable Prewire, Drop Zone, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Other - See Remarks
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 3784
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 1824
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Cooktop, Indoor Grill, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer
  • Other Equipment: Fuel Tank(s), Generator
  • Above Grade Finished Sq Ft: 5608
  • Has Basement: Exterior Entry, Storage Space, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: French Doors, Insulated Door(s), Mirrored Closet Door(s)
  • Fireplace Features: Den, Family Room, Fire Pit, Great Room, Wood Burning
  • Living Area: 5608
  • Window Features: Insulated Window(s)
  • Bedroom Main: 1
  • Room Count: 16
  • Sq Ft Other: 612

Exterior Features

  • Exterior Features: Fire Pit, Other - See Remarks
  • New Construction: No
  • Roof: Slate
  • Construction Type: Site Built
  • View: Mountain(s), Water, Year Round
  • Water Body Name: Lake Toxaway
  • Waterfront Features: Boat Ramp – Community, Dock
  • Exclusions: Seller to provide list of exceptions
  • Waterfront Elevation: 3000
  • Construction Type: Stone, Synthetic Stucco, Wood
  • Other Structures: Other - See Remarks
  • Patio And Porch Features: Covered, Deck, Front Porch, Porch, Other - See Remarks

Garage/Parking

  • Main Level Garage YN: 1
  • Sq Ft Garage: 786
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Attached Garage, Golf Cart Garage

Utilities

  • Heating: Forced Air, Propane, Zoned
  • Sewer: Septic Installed
  • Laundry Features: Laundry Room, Main Level, Sink
  • Security: Carbon Monoxide Detector(s), Security Service, Security System, Smoke Detector(s)
  • Cooling: Heat Pump, Zoned
  • Utilities: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Connected, Propane, Satellite Internet Available, Underground Power Lines, Underground Utilities, Wired Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Game Court, Golf, Lake Access, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Tennis Court(s), Walking Trails, Other
  • Association Fee: 5292
  • Association Fee Frequency: Annually
  • Hoa Subject To Dues: Mandatory
  • Senior Community: No
  • Association Name: IPM Corporation
  • Phone: 828-966-9453
  • Association Email: info@ipmhoa.com

Association/Amenities

  • Association Annual Expense: 5292.00

Schools

  • Middle Or Junior School: Rosman
  • HOA Subject To: Required

Lot Info

  • Lot Features: Corner Lot, Private, Waterfront, Other - See Remarks
  • Lot Size Area: 1.12
  • Lot Size Units: Acres
  • Parcel Number: 8522-16-6570-000
  • Zoning: None
  • Plat Book Slide: 2/256A
  • Horse Amenities: None
  • Zoning Specification: None

Green Features

  • Green Verification Count: 0

MLS Schools

  • Elementary School: T.C. Henderson
  • High School: Rosman

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $23,280 $3,516,810 $1,650,000 $1,866,810
2023 $23,287 $3,516,810 $1,650,000 $1,866,810
2022 $23,294 $3,516,810 $1,650,000 $1,866,810
2021 $23,125 $3,516,810 $1,650,000 $1,866,810
2020 $24,539 $3,501,650 $0 $0
2019 $24,372 $3,501,650 $0 $0
2018 $19,949 $3,501,650 $0 $0
2017 $19,728 $3,403,040 $0 $0
2016 $19,116 $3,403,040 $0 $0
2015 $16,359 $3,827,450 $2,000,000 $1,827,450
2014 $16,359 $3,827,450 $2,000,000 $1,827,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Price Changed $10,250,000 -10.9% $1,828 / Sq Ft
12/27/2024 12/27/24 For Sale $11,500,000 -- $2,051 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4202517

Canopy MLS (Canopy Realtor® Association)

APN: 8522-16-6570-000