$3,125,000

228 Mills Creek Trace Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated payment $17,603/month

Total Views 2,420
4 Beds
4.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Marina
  • Built-In Refrigerator
  • Traditional Architecture
  • Golf Course View
  • Deck
  • Outdoor Fireplace

About This Home

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 year-round enjoyment. Beautiful wide plank oak floors and custom mushroom board ceilings add rustic charm throughout, while wainscoting and thoughtful detailing elevate spaces throughout the home. The illuminated stairway leads to the upper-level bedrooms, a bonus room, and exercise room. The cobblestone paver driveway leads to the home’s entrance with abundant parking, a 2-car carport, and natural boulder landscape. Set in a serene, golf-side setting, this home is the perfect backdrop for unforgettable gatherings and everyday relaxation.

Listing Agent

Ross Hyett

Lake Toxaway Company Listed on: 05/01/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,911

Year Built

  • Built in 2003

Lot Details

  • 1.04 Acre Lot

HOA Fees

  • $441 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Central Vacuum
  • Built-In Features
  • Cathedral Ceiling
  • 2 Fireplaces
  • Fireplace Features Masonry
  • Screened Porch
  • Golf Course Views

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Recirculated Exhaust Fan
  • Built-In Refrigerator
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer

Basement

  • Exterior Basement Entry
  • Crawl Space

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Deck
  • Outdoor Fireplace

Utilities

  • Cooling Available
  • Heating Available
  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 8513-60-3977-000

Community Details

Overview

  • Lake Toxaway Community Association
  • Lake Toxaway Estates Subdivision

Recreation

  • Marina
  • Trails

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,911

Year Built

Built in 2003

Lot Details

0

HOA Fees

$441 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.043
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Hwy 64 turn right onto Blue Ridge Rd. Follow to left on Cold Mountain Rd. and turn left onto North Club Blvd. Stay straight to stay on Fairway Dr. and then take a sharp left onto Fairway Dr. Turn right onto Mills Creek Trace. Look for #228 on right.
  • Architectural Style: Craftsman, Traditional
  • Carport Y N: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2003
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Gas Cooktop, Disposal, Refrigerator, Washer
  • Has Basement: Crawl Space, Exterior Entry, Concrete
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter, Great Room, Masonry, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Cathedral Ceiling(s), Central Vacuum, Eat-in Kitchen, Jetted Tub, Kitchen Island, Pantry

Exterior Features

  • Lot Features: Back Yard, Gentle Sloping, On Golf Course
  • View: Golf Course
  • View: Yes
  • Construction Type: Stone, Wood Siding
  • Exterior Features: Private Entrance
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck, Enclosed, Porch, Screened

Garage/Parking

  • Carport Spaces: 2.0
  • Covered Parking Spaces: 2.0
  • Parking Features: Driveway

Utilities

  • Laundry Features: Main Level, Laundry Room
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Cable Available, Electricity Connected, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Amenities: Marina, Picnic Area, Playground, Park, Security, Trail(s)
  • Association Fee: 5292.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Toxaway Community Association
  • Association: Yes

Lot Info

  • Parcel #: 8513-60-3977-000
  • Zoning Description: None
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 7911.45
  • Tax Lot: 4
  • Tax Year: 2024

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 $9,317 $1,939,070 $200,000 $1,739,070
2024 $7,911 $1,201,800 $150,000 $1,051,800
2023 $7,911 $1,201,800 $150,000 $1,051,800
2022 $7,911 $1,201,800 $150,000 $1,051,800
2021 $7,851 $1,201,800 $150,000 $1,051,800
2020 $6,568 $943,620 $0 $0
2019 $6,520 $943,620 $0 $0
2018 $5,335 $1,136,520 $0 $0
2017 $6,352 $1,136,520 $0 $0
2016 $6,329 $1,136,520 $0 $0
2015 -- $1,837,570 $300,000 $1,537,570
2014 -- $1,837,570 $300,000 $1,537,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $3,125,000 +298.1% --
03/01/2017 03/01/17 Sold $785,000 -43.7% $163 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
05/16/2015 05/16/15 For Sale $1,395,000 -- $289 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $189,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $667,250 Commercial
Closed $10,328 Credit Line Revolving
Open $5,000,000 Credit Line Revolving
Closed $200,000 Credit Line Revolving
Closed $125,000 Credit Line Revolving
Closed $1,000,000 Commercial
Source: Public Records

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1000688

APN: 8513-60-3977-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

228 Mills Creek Trace, Lake Toxaway, NC

This home is located at 228 Mills Creek Trace, Lake Toxaway, NC 28747 and is currently priced at $3,125,000. This property was built in 2003. 228 Mills Creek Trace is a home located in Transylvania County.

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Ross Hyett
Listing Agent
Ross Hyett
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Lake Toxaway Company
(828) 618-4461