NOT LISTED FOR SALE

233 Cardinal Trace Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $2,587,035

4 Beds
5.5 Baths
3,580 Sq Ft
$723/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $1,850,000 $517 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,142/month

762 Days on Market

Highlights

  • Marina
  • Docks
  • 2.41 Acre Lot
  • Lake Front
  • Spa
  • Community Lake

About This Home

As of April 2021

Tucked away off a private wooded drive is a unique mountain lake retreat. The trees and landscape open up to reveal the gardens, a fine yet rustic home, with guest house, arbor and large porch. The picturesque lake glistens below. Framed by a gardeners' paradise...filled with perennials. It looks like a slice of heaven! This is the perfect getaway for two or for a big family. Peaceful and serene. Yet just minutes from activities such as boating and hiking, golf, tennis and more. The interior aviary can also be a tropical greenhouse...or both, if preferred. Rumsford fireplaces anchor the gathering places in the great room and on the roofed screened porch. The kitchen is open, airy and well equipped. This special home is ideal for entertaining. Having a full guest house makes family and friends' stay comfortable and easy for all. There is a hot tub and a generator and loads of storage. The homeowner can enjoy a quiet office downstairs with bookcases and built-ins. And there are extra areas that could be used for hobbies such as pottery or woodworking. Well known architect, Bruce Johnson,has designed this exciting residence to compliment the natural surroundings, and to draw the outdoors inside. The home features rustic beams, reclaimed pine floors, and lots of glass to highlight the exquisite views. A must see property!

Last Agent to Sell the Property

Kathy Balistreri

Balistreri Realty Brokerage Phone: 8288834848 Listed on: 02/01/2019

Last Buyer's Agent

Chip Freeman

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,984

Year Built

  • Built in 2000

Lot Details

  • 2.41 Acre Lot
  • Lake Front
  • Steep Slope

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Lake
  • Woods

Home Design

  • Shingle Roof
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Central Vacuum
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Ventless Fireplace
  • Stone Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • Screened Porch
  • Partially Finished Basement
  • Interior and Exterior Basement Entry
  • Home Security System
  • Dryer

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Spa
  • Docks
  • Deck
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

  • Tax Lot 030
  • Assessor Parcel Number 8513-52-9251-000

Community Details

Overview

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

Recreation

  • Marina
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,984

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 2.41
  • Water Body Name: Lake Cardinal
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Hwy 64 turn onto 281 North. Go 1 mile, turn left on Cold Mountain Rd. (Fire station is on the right). Go across the dam, turn right onto Fairway Dr. 2nd right onto Cardinal Drive W, turn right onto Cardinal Trace and follow to the end.
  • Architectural Style: Bungalow, Craftsman
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2000
  • Attribution Contact: 8288834848
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Appliances: Convection Oven, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Refrigerator, Trash Compactor, Wine Cooler, Washer
  • Has Basement: Exterior Entry, Interior Entry, Concrete, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room, Outside, Stone, Ventless, Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Central Vacuum, Jetted Tub, Kitchen Island, Pantry, Walk-In Closet(s), Wired for Sound
  • Window Features: Window Treatments

Exterior Features

  • Lot Features: Level, Rolling Slope, Steep Slope
  • View: Lake, Trees/Woods
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Other, Wood Siding
  • Exterior Features: Dock, Fire Pit, Gas Grill, Breezeway
  • Foundation Details: Poured
  • Patio And Porch Features: Rear Porch, Deck, Front Porch, Porch, Screened
  • Roof: Metal, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Garage, Two Car Garage, Golf Cart Garage, Garage Door Opener, Gravel

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Marina, Playground, Park, Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 104979.6
  • Parcel #: 8513-52-9251-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 8983.92
  • Tax Lot: 030
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2023
Sold by
Crosby Ralph D and Crosby Mary Grace
Bought by
Lake Toxaway Community Association Inc
Current Estimated Value
$2,587,035

Purchase Details

Listed on
Feb 1, 2019
Closed on
Apr 21, 2021
Sold by
Tafaro Henry A and Tafaro Barbara D
Bought by
Crosby Ralph D and Crosby Mary Grace
Seller's Agent
Kathy Balistreri
Balistreri Realty
Buyer's Agent
Chip Freeman
Lake Toxaway Company
List Price
$2,349,000
Sold Price
$1,850,000
Premium/Discount to List
-$499,000
-21.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Jan 31, 2008
Sold by
Barron Juanita Butterworth
Bought by
Laws Curtis and Laws Jamie

Purchase Details

Closed on
Mar 1, 1999
Bought by
Tafaro Henry and Tafaro Barbara
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Lake Toxaway Community Association Inc -- None Listed On Document
Crosby Ralph D $1,850,000 None Available
Laws Curtis $188,500 None Available
Tafaro Henry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tafaro Henry A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2021 04/21/21 Sold $1,850,000 -21.2% $517 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
02/08/2019 02/08/19 For Sale $2,349,000 -- $656 / Sq Ft
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
2025 $12,547 $2,611,190 $750,000 $1,861,190
2024 $10,575 $1,606,370 $700,000 $906,370
2023 $10,575 $1,606,370 $700,000 $906,370
2022 $10,575 $1,606,370 $700,000 $906,370
2021 $9,609 $1,470,850 $700,000 $770,850
2020 $11,151 $1,602,190 $0 $0
2019 $11,071 $1,602,190 $0 $0
2018 $8,984 $1,588,950 $0 $0
2017 $8,881 $1,588,950 $0 $0
2016 $8,849 $1,588,950 $0 $0
2015 -- $1,457,900 $800,000 $657,900
2014 -- $1,457,900 $800,000 $657,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kathy Balistreri

    Balistreri Realty

    (828) 883-4848

    28 in this area

    38 Total Sales

    Kathy Balistreri
    Section Image
  • Chip Freeman

    Buyer's Agent in 2021

    Chip Freeman

    Lake Toxaway Company

    (828) 712-6446

    50 in this area

    53 Total Sales

    Chip Freeman
    Section Image
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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 90156

APN: 8513-52-9251-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

233 Cardinal Trace, Lake Toxaway, NC

This home is located at 233 Cardinal Trace, Lake Toxaway, NC 28747 since 01 February 2019 and is currently estimated at $2,587,035, approximately $722 per square foot. This property was built in 2000. 233 Cardinal Trace is a home located in Transylvania County.

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