$605,500
$44K PRICE DROP

Estimated payment $3,640/month

Total Views 3,434
3 Beds
3 Baths
1,919 Sq Ft
$316 Price per Sq Ft

Highlights

  • Water Views
  • Separate Outdoor Workshop
  • 2 Car Attached Garage
  • Workshop
  • Skylights
  • Laundry Room

About This Home

Nestled in the serene woods of Lake Toxaway, this charming mountain home offers the perfect balance of privacy, comfort, and convenience. Set on a spacious lot with mature trees and lush landscaping, this 3-bedroom, 2-bath residence provides a peaceful escape just minutes from North Carolina’s largest private lake. Inside, the home features warm wood finishes, an open-concept living and dining area with vaulted ceilings. The spacious kitchen offers generous counter space, updated appliances, and ample storage for everyday living or entertaining guests. Step outside to the expansive deck, where you can relax and take in the fresh mountain air, listen to the sounds of nature. Located in the sought-after Lake Toxaway community, you’ll have access to nearby hiking trails, waterfalls, and boating opportunities. Whether you’re searching for a full-time home, vacation retreat, or investment opportunity, 181 Hiwassee Road is your gateway to the Blue Ridge lifestyle.

Listing Agent

Aaron Chapman

Nexus Realty LLC Brokerage Phone: 828-585-2188 License #357308 Listed on: 07/11/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,107

Year Built

  • Built in 1987

Lot Details

  • Privacy Fence
  • Wood Fence

HOA Fees

  • $82 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Detached Carport Space
  • Basement Garage

Property Views

  • Water
  • Mountain

Interior Spaces

  • 1.5-Story Property
  • Skylights
  • Propane Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Basement

  • Exterior Basement Entry
  • Workshop

Outdoor Features

  • Separate Outdoor Workshop

Schools

  • T.C. Henderson Elementary School

Utilities

  • Heat Pump System
  • Community Well
  • Septic Tank

Community Details

  • Indian Lake Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8523-36-8467-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,107

Year Built

Built in 1987

Lot Details

0

HOA Fees

$82 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1987
  • Restrictions: Architectural Review
  • Special Assessment Description: no
  • Road Surface Type: Concrete, Paved
  • Unit Levels: One and One Half
  • Ratio CurrentPrice/TotalPropertyHLA: 315.53
  • Geocode Confidence: High
  • Attribution Contact: 828-585-2188
  • Special Features: VirtualTour

Interior Features

  • Foundation Details: Basement
  • Fireplace: Yes
  • Lower Level Sq Ft: 0
  • Main Level Sq Ft: 1366
  • Third Level Sq Ft: 0
  • Sq Ft Unheated Basement: 980
  • Sq Ft Unheated Total: 980
  • Sq Ft Upper: 553
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range
  • Above Grade Finished Sq Ft: 1919
  • Has Basement: Basement Garage Door, Basement Shop, Exterior Entry
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Propane
  • Living Area: 1919
  • Window Features: Skylight(s)
  • Bedroom Main: 2
  • Room Count: 1

Exterior Features

  • New Construction: No
  • Construction Type: Site Built
  • Fencing: Privacy, Wood
  • View: Mountain(s), Water
  • Water Body Name: Indian Lake
  • Waterfront Features: Dock
  • Construction Type: Cedar Shake
  • Other Structures: Workshop

Garage/Parking

  • Main Level Garage YN: 0
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Detached Carport, Attached Garage

Utilities

  • Heating: Heat Pump
  • Sewer: Septic Installed
  • Laundry Features: Electric Dryer Hookup, In Basement
  • Cooling: Heat Pump
  • Water Source: Community Well

Condo/Co-op/Association

  • Association Fee: 984
  • Association Fee Frequency: Annually
  • Senior Community: No

Association/Amenities

  • Association Annual Expense: 984.00

Schools

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

Lot Info

  • Lot Size Area: 0.57
  • Lot Size Units: Acres
  • Parcel Number: 8523-36-8467-000
  • Additional Parcels: No
  • Zoning Specification: none

Green Features

  • Green Verification Count: 0

MLS Schools

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

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
2025 $3,107 $646,660 $100,000 $546,660
2024 $2,452 $372,410 $100,000 $272,410
2023 $2,452 $372,410 $100,000 $272,410
2022 $2,452 $372,410 $100,000 $272,410
2021 $2,433 $372,410 $100,000 $272,410
2020 $1,688 $242,470 $0 $0
2019 $1,675 $242,470 $0 $0
2018 $1,302 $230,210 $0 $0
2017 $1,287 $230,210 $0 $0
2016 $1,393 $250,210 $0 $0
2015 -- $272,200 $70,000 $202,200
2014 -- $272,200 $70,000 $202,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Price Changed $605,500 -4.6% $316 / Sq Ft
08/08/2025 08/08/25 Price Changed $635,000 -1.6% $331 / Sq Ft
07/18/2025 07/18/25 Price Changed $645,500 -0.7% $336 / Sq Ft
07/11/2025 07/11/25 For Sale $649,900 +80.5% $339 / Sq Ft
10/19/2020 10/19/20 Sold $360,000 -7.7% $197 / Sq Ft
09/13/2020 09/13/20 Pending -- -- --
09/08/2020 09/08/20 Price Changed $390,000 -9.1% $214 / Sq Ft
08/19/2020 08/19/20 For Sale $429,000 -- $235 / Sq Ft
Source: Canopy MLS (Canopy Realtor® Association)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $360,000 None Available
Deed $17,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $560,000 Construction
Previous Owner $482,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 Unknown
Previous Owner $114,500 New Conventional
Previous Owner $117,000 Stand Alone Second
Source: Public Records

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Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 4280357

Canopy MLS (Canopy Realtor® Association)

APN: 8523-36-8467-000