NOT LISTED FOR SALE

1547 Cold Mountain Rd Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,596,975 - $3,379,000

3 Beds
4 Baths
-- Sq Ft
0.58 Acres

Last Sold March 02, 2016

Last sale price $1,300,000

Est. 135% increase in value since last sale

Current estimated payment $17,858/month

Highlights

  • Marina
  • Spa
  • Vaulted Ceiling
  • Lake Front
  • Community Lake
  • Wood Flooring

About This Home

As of March 2016

This charming lakefront cottage is situated on a beautifully landscaped lot on a quiet deep-water cove on the main body of Lake Toxaway. The home features three bedrooms, four bathrooms and two bunk rooms.Upscale finishes throughout with extensive outdoor living spaces that overlook the lake. Look no further for a lakefront cottage on NC's largest private lake! Fireplace Features: 2 or more

Last Agent to Sell the Property

Chip Freeman

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 12/16/2015

Last Buyer's Agent

Chip Freeman

Lake Toxaway Company Brokerage Phone: 8289664260 Listed on: 12/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,267

Year Built

  • Built in 1975

Lot Details

  • 0.58 Acre Lot
  • Lake Front
  • Cleared Lot

Home Design

  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Freezer
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • Attached Garage
  • 1 Carport Space
  • Circular Driveway

Outdoor Features

  • Spa
  • Covered patio or porch

Utilities

  • Cooling Available
  • Heat Pump System
  • Baseboard Heating
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 8523-00-1863-000

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Toxaway Estates Subdivision
  • Community Lake

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,267

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.58
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Hwy 64 bear right onto 281 for approx. 1 mile. Take left onto Cold Mountain Road at Lake Toxaway Estates sign by fire station. Continue for approx 3 miles. Home is on left. 1547.
  • Carport Y N: Yes
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1975
  • Attribution Contact: 8289664260
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Oven, Freezer, Microwave, Refrigerator, Washer
  • Has Basement: Exterior Entry, Full, Finished, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Eat-in Kitchen, Vaulted Ceiling(s), Walk-In Closet(s)

Exterior Features

  • Lot Features: Cleared
  • View: Lake
  • View: Yes
  • Waterfront Features: Lake
  • Construction Type: Wood Siding
  • Patio And Porch Features: Rear Porch, Covered
  • Roof: Metal

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached, Circular Driveway, Carport, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Baseboard, Electric, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Marina
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 25264.8
  • Parcel #: 8523-00-1863-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 5267.0
  • Tax Lot: 19
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2015
Closed on
Mar 1, 2016
Sold by
Russell Sarah Thomason and Russell Sarah Thomason
Bought by
Wright Michael S and Wright Julie M
Seller's Agent
Chip Freeman
Lake Toxaway Company
Buyer's Agent
Chip Freeman
Lake Toxaway Company
List Price
$1,495,000
Sold Price
$1,300,000
Premium/Discount to List
-$195,000
-13.04%
Current Estimated Value
$3,057,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,757,325
Avg. Annual Appreciation
8.60%

Purchase Details

Closed on
Jul 23, 2009
Sold by
Russell Hamilton Earle and Hamilton Earle Russell Jr Amen
Bought by
Russell Sarah Thomason and Sarah Thomason Russell Revocable Trust
Source: Public Records

Similar Homes in Lake Toxaway, NC

  • 2272 W Club Blvd, Lake Toxaway, NC 28747

    $3,650,000

    • 3 Beds
    • 5 Baths
    • 3,711 Sq Ft
    • 2272 W Club Blvd
    • Lake Toxaway, NC

    Exquisite estate-like property in Lake Toxaway Estates on over 3 acres with extensive renovations, antique cabin, and lake access. Discover this unique property in a beautiful setting nestled on a large and private lot with lawn, exceptional boulder work and views to Lake Toxaway and Toxaway Mountain. The interior of the home boasts an open and inviting floor plan with double-sided stone

    Amanda Jennings Gravley Fisher Realty - 10 Park Place

    Section Image
  • 843 North Club Blvd, Lake Toxaway, NC 28747

    $3,500,000

    • 4 Beds
    • 5 Baths
    • 4,176 Sq Ft
    • 843 North Club Blvd
    • Lake Toxaway, NC

    Absolutely stunning, move-in ready 4 BR, 3 BA, and two half bath home that was taken down to the studs and completely renovated in 2021 with new roof, windows, floors, doors, appliances, cart path to the lake, and two car carport. This stunning turnkey home is on a large, gentle lakefront lot overlooking the Lake Toxaway Marina, Greystone Inn with beautiful backyard, stone patio adjoining the

    Art Fisher Fisher Realty - 10 Park Place

    Section Image
  • 1048 Cherokee Trace, Lake Toxaway, NC 28747

    $2,795,000

    • 3 Beds
    • 4.5 Baths
    • 2,789 Sq Ft
    • 1048 Cherokee Trace
    • Lake Toxaway, NC

    Located in the prestigious Lake Toxaway Estates, this stunning 3 bedroom, 4.5 bath home offers refined mountain living with sweeping views and a prime golf course location. Built in 2021/22 on 1.2 beautifully landscaped acres, the home enjoys unobstructed views of Lake Toxaway Country Club's 18th green and 10th tee box. Step inside to soaring cathedral ceilings, shiplap accents, and abundant

    Cindy Petit Petit Properties Inc

    Section Image
  • 228 Mills Creek Trace, Lake Toxaway, NC 28747

    $3,125,000

    • 4 Beds
    • 4.5 Baths
    • 228 Mills Creek Trace
    • Lake Toxaway, NC

    Overlooking the scenic 4th hole, this stunning 4-bedroom, 4.5-bath retreat is perfect for entertaining. The heart of the home is the expansive living room featuring a massive native stone fireplace and reclaimed timber trusses. The kitchen boasts stainless appliances, granite countertops, and ample storage space. The main level flows to the screened porch with a second fireplace, offering

    Ross Hyett Lake Toxaway Company

    Section Image
  • 340 Mills Creek Trace, Lake Toxaway, NC 28747

    $3,250,000

    • 4 Beds
    • 4.5 Baths
    • 340 Mills Creek Trace
    • Lake Toxaway, NC

    Hands down one of the most unique properties ever to come on the market at Lake Toxaway. This picturesque, private property has magnificent views of the golf course, surrounding mountains and a rambling native trout stream running through the double combined lot. The attention to detail is unsurpassed on both the exterior and interior of this home with natural elements of stone and rustic wood

    Mo Mitchell Lake Toxaway Company

    Section Image
  • 239 Island Point Rd, Lake Toxaway, NC 28747

    $2,750,000

    • 3 Beds
    • 4 Baths
    • 239 Island Point Rd
    • Lake Toxaway, NC

    This 3 bedroom lake home has a lovely view and a great location just off the "Big Lake". Living room on main level has stone fireplace and sliders opening to the deck. The family room below offers extra living and recreation area and walk-out access to the yard. The kitchen was remodeled in 2018. Spacious dining room opens to covered deck. Very light and cheery interiors with great views!

    Kathy Balistreri Balistreri Realty

    Section Image
  • 145 Island Point Rd, Lake Toxaway, NC 28747

    $3,700,000

    • 3 Beds
    • 3 Baths
    • 145 Island Point Rd
    • Lake Toxaway, NC

    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

    Will Heinitsh Lake Toxaway Company

    Section Image
  • 251 Toxaway Ct, Lake Toxaway, NC 28747

    $3,495,000

    • 3 Beds
    • 6 Baths
    • 251 Toxaway Ct
    • Lake Toxaway, NC

    Experience refined mountain living in this 5,000 sq ft Lake Toxaway estate, once featured in Southern Accents as “a broad, low ramble of porches.” Set on the first ridge of Toxaway Mountain in the exclusive Lake Toxaway Estates, this fully renovated 3-bedroom, 6-bathroom retreat offers sweeping Blue Ridge views just 5 minutes from Lake Toxaway Country Club and 50 minutes from vibrant Asheville,

    Mo Mitchell Lake Toxaway Company

    Section Image
  • 1052 Toxaway Dr, Lake Toxaway, NC 28747

    $2,800,000

    • 4 Beds
    • 4.5 Baths
    • 5,659 Sq Ft
    • 1052 Toxaway Dr
    • Lake Toxaway, NC

    Welcome to your personal mountain oasis in the heart of the Blue Ridge Mountains, where the allure of the 'Land of Waterfalls' connects with a luxury community. This English-cottage meets mountain-lodge residence offers the perfect blend of rustic charm and modern comfort. Perched atop a mountain, it boasts unparalleled long-range views and breathtaking sunrises. Explore nearby hiking trails or

    Toni Ewing Asheville Crafted Real Estate, LLC

    Section Image
See All Homes in Lake Toxaway

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wright Michael S $1,300,000 None Available
Russell Sarah Thomason -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Russell Hamilton Earle $417,000
Previous Owner Russell Hamilton Earle $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2016 03/02/16 Sold $1,300,000 -13.0% --
02/01/2016 02/01/16 Pending -- -- --
12/17/2015 12/17/15 For Sale $1,495,000 -- --
Source: Highlands-Cashiers Board of REALTORS®

Tax History Compared to Growth

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 $8,353 $1,248,070 $750,000 $498,070
2023 $8,361 $1,248,070 $750,000 $498,070
2022 $8,368 $1,248,070 $750,000 $498,070
2021 $8,313 $1,248,070 $750,000 $498,070
2020 $8,519 $1,198,300 $0 $0
2019 $8,467 $1,198,300 $0 $0
2018 $6,775 $1,198,300 $0 $0
2017 $6,697 $1,198,300 $0 $0
2016 $6,673 $1,198,300 $0 $0
2015 $5,249 $1,239,040 $750,000 $489,040
2014 $5,249 $1,239,040 $750,000 $489,040
Source: Public Records

Agents Affiliated with this Home

  • Chip Freeman

    Seller's Agent in 2016

    Chip Freeman

    Lake Toxaway Company

    (828) 712-6446

    50 in this area

    53 Total Sales

    Chip Freeman
    Section Image
See All Agents

Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 83016

APN: 8523-00-1863-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

1547 Cold Mountain Rd, Lake Toxaway, NC

This home is located at 1547 Cold Mountain Rd, Lake Toxaway, NC 28747 since 16 December 2015 and is currently estimated at $3,057,325. This property was built in 1975. 1547 Cold Mountain Rd is a home located in Transylvania County.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes