340 Mills Creek Trace Lake Toxaway, NC 28747
Lake Toxaway Neighborhood
4
Beds
4.5
Baths
4,136
Sq Ft
1.75
Acres
Highlights
- Golf Course View
- Community Lake
- Wooded Lot
- 1.75 Acre Lot
- Deck
- Wood Flooring
About This Home
As of July 2025Hands 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 throughout. This unique home boats not only an open floor plan inside with accessibility to the outdoors by merely sliding open a few doors, but a thoughful layout of its rooms and their functionality in regard to the flow of daily simplistic living. A breathtaking mountain retreat not to be missed!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,217
Year Built
- Built in 2021
Lot Details
- 1.75 Acre Lot
- Home fronts a stream
- Wooded Lot
HOA Fees
- $441 Monthly HOA Fees
Parking
- 2 Carport Spaces
Home Design
- Metal Roof
- Wood Siding
Interior Spaces
- 2-Story Property
- Built-In Features
- Living Room with Fireplace
- Golf Course Views
- Crawl Space
- Dryer
Kitchen
- Double Oven
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Stone
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Outdoor Features
- Deck
- Covered patio or porch
- Fire Pit
Utilities
- Central Air
- Heat Pump System
- Propane
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 7A-R
- Assessor Parcel Number 8513-50-9694-000
Community Details
Overview
- Lake Toxaway Community Association
- Lake Toxaway Estates Subdivision
- Community Lake
Recreation
- Community Playground
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 22, 2025
Closed on
Jul 23, 2025
Sold by
Thompson Toxaway Llc
Bought by
Philip J Perko Living Trust and Susan P Perko Living Trust
Seller's Agent
Mo Mitchell
Lake Toxaway Company
Buyer's Agent
Mo Mitchell
Lake Toxaway Company
List Price
$3,250,000
Sold Price
$2,840,000
Premium/Discount to List
-$410,000
-12.62%
Views
43
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.32%
Purchase Details
Closed on
Apr 29, 2024
Sold by
Thompson Ted James and Thompson Lisa Marie
Bought by
Thompson Toxaway Llc
Purchase Details
Closed on
Dec 29, 2011
Sold by
Guzzo Francis Patrick and Guzzo Frank P
Bought by
Cold Mountain Investment L P
Similar Homes in Lake Toxaway, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,840,000 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Warranty Deed | $195,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | Sold | $2,840,000 | -12.6% | $687 / Sq Ft |
| 04/22/2025 04/22/25 | For Sale | $3,250,000 | -- | $786 / Sq Ft |
Source: Highlands-Cashiers Board of REALTORS®
Tax History Compared to Growth
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 | $6,217 | $892,750 | $200,000 | $692,750 |
| 2023 | $6,235 | $892,750 | $200,000 | $692,750 |
| 2022 | $2,817 | $456,030 | $175,000 | $281,030 |
| 2021 | $1,143 | $175,000 | $175,000 | $0 |
| 2020 | $1,357 | $195,000 | $0 | $0 |
| 2019 | $1,347 | $195,000 | $0 | $0 |
| 2018 | $1,103 | $195,000 | $0 | $0 |
| 2017 | $1,090 | $195,000 | $0 | $0 |
| 2016 | $1,086 | $195,000 | $0 | $0 |
| 2015 | -- | $400,000 | $400,000 | $0 |
| 2014 | -- | $400,000 | $400,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Mo Mitchell
Lake Toxaway Company
(828) 553-3319
74 in this area
74 Total Sales
-
Seller Co-Listing Agent in 2025
Mish Nichols
Lake Toxaway Company
(704) 576-5511
65 in this area
67 Total Sales
Map
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 1000675
APN: 8513-50-9694-000
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