$7,500,000
SOLD AUG 8, 2025
3 Beds
6 Baths
-- Sq Ft
0.74 Acres

Recently Sold

Highlights

  • Marina
  • Boat Dock
  • Fitness Center
  • Lake Front
  • Golf Course Community
  • Community Lake

About This Home

As of August 2025

One of Lake Toxaway and Western North Carolina's finest homes, this acclaimed Keith Summerour designed residence is situated on a stunning lakefront lot very close to The Lake Toxaway Country Club, Greystone Inn, and Marina. Featuring three bedroom suites and two half baths, this magnificent home has many luxury features including a copper roof, copper clad windows, copper gutters, impressive great room with soaring stone fireplace and massive window framing the water, chef's kitchen with Sub Zero and Wolf appliances, wine room, expansive stone terrace with fireplace, and beautiful octagonal screened porch with additional outdoor fireplace. This estate level property also features a cart path to the lake, large stone dock with gas firepit, and one of the most attractive boat houses on the lake.

Last Agent to Sell the Property

Art Fisher

Fisher Realty Highlands Listed on: 08/04/2025

Last Buyer's Agent

Art Fisher

Fisher Realty Highlands Listed on: 08/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,925

Year Built

  • Built in 2002

Lot Details

  • 0.74 Acre Lot
  • Lake Front
  • Sloped Lot

HOA Fees

  • $441 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Mountain

Interior Spaces

  • 1.5-Story Property
  • Furnished
  • 2 Fireplaces
  • Crawl Space

Kitchen

  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry on main level
  • Dryer

Outdoor Features

  • Docks
  • Deck
  • Covered patio or porch
  • Outdoor Fireplace
  • Fire Pit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Propane
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 35
  • Assessor Parcel Number 8512-98-5804-000

Community Details

Overview

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

Recreation

  • Boat Dock
  • Marina
  • Golf Course Community
  • Tennis Courts
  • Outdoor Game Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Putting Green
  • Trails

Additional Features

  • Clubhouse
  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,925

Year Built

Built in 2002

Lot Details

0

HOA Fees

$441 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.74
  • Road Surface Type: Paved
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: From the Main entrance on Hwy 64, follow West Club Blvd. At the 3-way stop, turn right to stay on West Club Blvd. The house is on the right, marked #4176
  • Architectural Style: French Provincial
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 2002
  • PropertySubTypeAdditional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Gas Range, Dryer, Disposal, Gas Water Heater, Refrigerator, Tankless Water Heater, Wine Refrigerator, Washer
  • Has Basement: Crawl Space
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Great Room, Outside
  • Fireplaces: 2
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Entrance Foyer, Kitchen Island, Primary Downstairs, Open Floorplan, Pantry, Walk-In Closet(s)

Exterior Features

  • Lot Features: Landscaped, Sloped, Views, Waterfront
  • Pool Features: Association, Community
  • Topography: Sloping
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake, Lake Front, Lake Privileges, Deeded Access, Waterfront
  • Waterfront: Yes
  • Exterior Features: Dock, Outdoor Kitchen, Fire Pit
  • Patio And Porch Features: Covered, Deck, Terrace
  • Roof: Other

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Golf Cart Garage

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air, Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Gas, Heat Pump, Zoned
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Propane, Phone Available, Water Connected
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Golf, Lake, Marina, Playground, Park, Pool, Putting Green, Tennis Court(s), Trails/Paths, Water Access
  • Amenities: Boat Dock, Marina, Game Court Exterior, Clubhouse, Fitness Center, Golf Course, Picnic Area, Playground, Pickleball, Park, Pool, Security, Tennis Court(s), Trail(s)
  • Association Fee: 5292.0
  • Association Fee Frequency: Annually
  • Association Name: Lake Toxaway Community Association
  • Association: Yes

Lot Info

  • Parcel #: 8512-98-5804-000
  • Zoning Description: None

Tax Info

  • Tax Annual Amount: 14925.31
  • Tax Lot: 35
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2024
Closed on
Aug 26, 2024
Sold by
Larsen Family Trust and Larsen Marshall Oakley
Bought by
J & T Capital Us Llc
Seller's Agent
Chip Freeman
Lake Toxaway Co.
Buyer's Agent
Art Fisher
Fisher Realty - 10 Park Place
List Price
$6,750,000
Sold Price
$6,750,000
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.82%

Purchase Details

Closed on
Dec 21, 2021
Sold by
Larsen Marshall O and Larsen Susan G
Bought by
Larsen Marshall Oakley and Larsen Susan Glatz

Purchase Details

Closed on
Aug 5, 2021
Sold by
Ware Cynthia C and Ware Amended
Bought by
Larsen Marshall O and Larsen Susan G

Purchase Details

Closed on
Feb 8, 2017
Sold by
Alberter Barry M
Bought by
Ware Cynthia C and Cynthia C Ware Revocable Trust

Purchase Details

Closed on
Aug 5, 2011
Sold by
Gaha Toxaway Llc
Bought by
Alberter Barry M and Barry M Alberter Trust

Purchase Details

Closed on
Jul 14, 2011
Sold by
Raintree Realty And Construction Inc
Bought by
Gaha Toxaway Llc

Purchase Details

Closed on
Jul 7, 2011
Sold by
Gaha Fund Ii Llc
Bought by
Gha Toxaway Llc

Purchase Details

Closed on
Jun 28, 2005
Sold by
Reinhard Don W and Reinhard Sarah
Bought by
Fleischhauer William M and Fleischhauer Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,360,000
Interest Rate
5.66%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $6,750,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Warranty Deed $4,750,000 None Available
Warranty Deed $2,215,000 None Available
Special Warranty Deed $1,895,000 None Available
Deed -- None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $2,950,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $2,000,000 Unknown
Previous Owner $300,000 Unknown
Previous Owner $2,360,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Sold $7,500,000 0.0% --
08/04/2025 08/04/25 For Sale $7,500,000 +11.1% --
08/01/2025 08/01/25 Pending -- -- --
08/28/2024 08/28/24 Sold $6,750,000 0.0% $2,008 / Sq Ft
07/27/2024 07/27/24 For Sale $6,750,000 -- $2,008 / 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
2024 $14,925 $2,267,250 $1,000,000 $1,267,250
2023 $14,925 $2,267,250 $1,000,000 $1,267,250
2022 $14,925 $2,267,250 $1,000,000 $1,267,250
2021 $14,812 $2,267,250 $1,000,000 $1,267,250
2020 $16,194 $2,326,680 $0 $0
2019 $16,077 $2,326,680 $0 $0
2018 $13,155 $2,565,720 $0 $0
2017 $14,361 $2,565,720 $0 $0
2016 $14,311 $2,565,720 $0 $0
2015 -- $2,826,770 $1,250,000 $1,576,770
2014 -- $2,826,770 $1,250,000 $1,576,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 1001561

APN: 8512-98-5804-000