$3,195,000
$300K PRICE DROP

251 Toxaway Ct Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated payment $17,906/month

Total Views 3,198
3 Beds
6 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Marina
  • Community Lake
  • Wooded Lot
  • Mountain View
  • Deck
  • Traditional Architecture

About This Home

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, known for its thriving arts scene and award-winning cuisine. Inside, modern luxury meets rustic elegance with an open floor plan, spa-style baths, and a chef’s kitchen. Expansive porches, patios, a secret kids’ bunk room, and a versatile rec space elevate the lifestyle. Upgrades include a new 2-car garage with workshop, whole-house generator, UV water filtration, EV wiring, and smart tech throughout. Enjoy access to NC’s largest private lake, scenic trails, and optional club membership (based on application and availability). A rare mountain retreat designed to be cherished for generations.

Listing Agent

Mo Mitchell

Lake Toxaway Company Listed on: 05/30/2025

Co-Listing Agent

Mish Nichols

Lake Toxaway Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,722

Year Built

  • Built in 1991

Lot Details

  • 1.2 Acre Lot
  • Sloped Lot
  • Wooded Lot

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Circular Driveway

Home Design

  • Traditional Architecture

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • 1 Fireplace
  • Screened Porch
  • Mountain Views
  • Dryer

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

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

Outdoor Features

  • Deck

Utilities

  • Cooling Available
  • Heat Pump System
  • Propane
  • Well
  • Tankless Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 55-R
  • Assessor Parcel Number 8512-56-9647-000

Community Details

Overview

  • Lake Toxaway Community Association
  • Lake Toxaway Estates Subdivision
  • Community Lake

Recreation

  • Marina
  • Community Playground
  • Trails

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,722

Year Built

Built in 1991

Lot Details

0

HOA Fees

$441 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.2
  • Road Frontage Type: Private Road
  • Road Surface Type: Asphalt
  • Water Body Name: Lake Toxaway
  • Co List Office Mls Id: 258
  • Co List Office Phone: 828-966-4260
  • Exclusions: Grand Piano
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From Hwy 64 turn right into Main entrance. Follow West Club Blvd. to first stop sign. Go straight up hill to next stop sign. Turn left and bear to the left up Toxaway Mountain. At the 3-way intersection stay straight to get on Toxaway Court. Follow to #251 on left.
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1991
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stainless Steel Appliance(s), Tankless Water Heater, Washer
  • Has Basement: Crawl Space, Exterior Entry, Full, Interior Entry
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Great Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Beamed Ceilings, Breakfast Bar, Bookcases, Built-in Features, Double Vanity, Entrance Foyer, High Ceilings, Kitchen Island

Exterior Features

  • Lot Features: Views, Wooded
  • Topography: Sloping
  • View: Mountain(s)
  • View: Yes
  • Waterfront Features: Deeded Access
  • Exterior Features: Propane Tank - Owned
  • Foundation Details: Block
  • Patio And Porch Features: Rear Porch, Covered, Deck, Enclosed, Front Porch, Screened

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Asphalt, Circular Driveway

Utilities

  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Septic Permit 3 Bedroom, Septic Tank
  • Utilities: Cable Connected, Electricity Connected, Propane
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Marina, Near National Forest, Playground, Trails/Paths, Water Access
  • Amenities: Marina, Picnic Area, Playground, Security, Trail(s)
  • Association Fee: 5292.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Toxaway Community Association
  • Association: Yes

Lot Info

  • Parcel #: 8512-56-9647-000
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 7721.66
  • Tax Lot: 55-R
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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 $11,553 $2,404,310 $150,000 $2,254,310
2024 $7,722 $1,172,970 $150,000 $1,022,970
2023 $7,722 $1,172,970 $150,000 $1,022,970
2022 $5,150 $782,310 $150,000 $632,310
2021 $5,111 $782,310 $150,000 $632,310
2020 $7,079 $1,017,130 $0 $0
2019 $7,028 $1,017,130 $0 $0
2018 $5,751 $1,017,130 $0 $0
2017 $5,685 $1,017,130 $0 $0
2016 $5,664 $1,017,130 $0 $0
2015 $3,189 $752,770 $200,000 $552,770
2014 $3,189 $752,770 $200,000 $552,770
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2025 08/15/25 Price Changed $3,195,000 -8.6% --
05/30/2025 05/30/25 For Sale $3,495,000 +366.0% --
12/03/2019 12/03/19 Sold $750,000 0.0% $177 / Sq Ft View Prior Sale
11/23/2019 11/23/19 Pending -- -- --
11/17/2019 11/17/19 For Sale $750,000 -- $177 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Warranty Deed $750,000 None Available
Interfamily Deed Transfer -- None Available
Deed $67,500 --
Source: Public Records

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1001067

APN: 8512-56-9647-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

251 Toxaway Ct, Lake Toxaway, NC

For Sale

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
Mo Mitchell
Listing Agent
Mo Mitchell
Section Image
Lake Toxaway Company
(828) 373-2476