UNDER CONTRACT
$200K PRICE DROP
145 Island Point Rd Lake Toxaway, NC 28747
Lake Toxaway NeighborhoodEstimated payment $20,197/month
Total Views
2,347
3
Beds
3
Baths
--
Sq Ft
--
Price per Sq Ft
Highlights
- Marina
- Docks
- Vaulted Ceiling
- Lake Front
- Community Lake
- Wood Flooring
About This Home
Located in a tranquil cove on Island Point Road, this three bedroom, three bath lakefront home offers the perfect mountain retreat. Situated on a combined double lot totaling 1.24 acres, the property features over 150 feet of shoreline and a private dock ideal for kayaking, paddleboarding, swimming, or simply enjoying the water. A large covered porch offers a peaceful setting with views of the gently sloping yard, providing ample space for outdoor recreation. Offered furnished with few exceptions, this remarkable property is an ideal turnkey getaway.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,231
Year Built
- Built in 1972
Lot Details
- 1.24 Acre Lot
- Lake Front
- Level Lot
HOA Fees
- $441 Monthly HOA Fees
Interior Spaces
- 1-Story Property
- Furnished
- Vaulted Ceiling
- Wood Burning Fireplace
- Living Room with Fireplace
- Crawl Space
- Breakfast Bar
- Dryer
- Property Views
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Docks
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Propane
- Well
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 15, 16
- Assessor Parcel Number 8522-48-2019-000
Community Details
Overview
- Lake Toxaway Community Association
- Lake Toxaway Estates Subdivision
- Community Lake
Recreation
- Marina
- Community Playground
- Trails
Building Details
- Security
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2025 | $14,141 | $2,943,030 | $1,000,000 | $1,943,030 |
| 2024 | $8,231 | $1,250,290 | $850,000 | $400,290 |
| 2023 | $8,231 | $1,250,290 | $850,000 | $400,290 |
| 2022 | $8,231 | $1,250,290 | $850,000 | $400,290 |
| 2021 | $7,288 | $1,250,290 | $850,000 | $400,290 |
| 2020 | $6,817 | $973,300 | $0 | $0 |
| 2019 | $6,840 | $973,300 | $0 | $0 |
| 2018 | $5,597 | $973,300 | $0 | $0 |
| 2017 | $5,532 | $973,300 | $0 | $0 |
| 2016 | $5,515 | $973,300 | $0 | $0 |
| 2015 | $4,833 | $1,128,870 | $1,000,000 | $128,870 |
| 2014 | $4,833 | $1,128,870 | $1,000,000 | $128,870 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Price Changed | $3,500,000 | 0.0% | -- |
| 08/12/2025 08/12/25 | For Sale | $3,500,000 | -58.8% | -- |
| 08/11/2025 08/11/25 | Sold | $8,500,000 | +142.9% | -- |
| 07/30/2025 07/30/25 | Price Changed | $3,500,000 | -5.4% | -- |
| 05/15/2025 05/15/25 | For Sale | $3,700,000 | +214.9% | -- |
| 10/01/2020 10/01/20 | Sold | $1,175,000 | -15.8% | $680 / Sq Ft |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- |
| 06/19/2019 06/19/19 | For Sale | $1,395,000 | -- | $807 / Sq Ft |
Source: Highlands-Cashiers Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $3,190,000 | None Listed On Document | |
| Deed | $985,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $2,000,000 | New Conventional | |
| Previous Owner | $550,000 | New Conventional |
Source: Public Records
Similar Homes in Lake Toxaway, NC
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 1000905
APN: 8522-48-2019-000
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