540 Toxaway Dr Lake Toxaway, NC 28747
Lake Toxaway Neighborhood
4
Beds
3.5
Baths
2,727
Sq Ft
2.52
Acres
Highlights
- Marina
- Fitness Center
- Mountain View
- Golf Course Community
- 2.52 Acre Lot
- Community Lake
About This Home
As of February 2025This home is located at 540 Toxaway Dr, Lake Toxaway, NC 28747 and is currently priced at $2,800,000, approximately $1,026 per square foot. This property was built in 2003. 540 Toxaway Dr is a home located in Transylvania County.
Last Agent to Sell the Property
Fisher Realty Highlands Brokerage Phone: 8284824503 Listed on: 10/02/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,600
Year Built
- Built in 2003
Lot Details
- 2.52 Acre Lot
- Lot Has A Rolling Slope
- Wooded Lot
HOA Fees
- $714 Monthly HOA Fees
Parking
- 2 Car Detached Garage
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 1.5-Story Property
- Built-In Features
- Stone Fireplace
- Living Room with Fireplace
- Screened Porch
- Mountain Views
- Dryer
Kitchen
- Breakfast Bar
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
Partially Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Outdoor Features
- Deck
- Outdoor Fireplace
Utilities
- Zoned Heating and Cooling
- Heat Pump System
- Well
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tax Lot 27/28R
- Assessor Parcel Number 8512-57-3384-000
Community Details
Overview
- Lake Toxaway Estates Subdivision
- Community Lake
Amenities
- Clubhouse
Recreation
- Marina
- Golf Course Community
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2024
Closed on
Feb 12, 2025
Sold by
Ellis Geoffrey Alan and Shannon Kathleen
Bought by
Gilfedder Brent Sandlin and Gilfedder Kimberly Jackson
Seller's Agent
Art Fisher
Fisher Realty Highlands
Buyer's Agent
Chip Freeman
Lake Toxaway Company
List Price
$3,300,000
Sold Price
$2,800,000
Premium/Discount to List
-$500,000
-15.15%
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$882,317
Purchase Details
Closed on
Jan 11, 2022
Sold by
Newhart Mary M and Newhart Mark T
Bought by
Ellis Geoffrey Alan and Ellis Shannon Kathleen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,250,000
Interest Rate
3.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 1991
Bought by
Newhart Mary M
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 | $2,800,000 | None Listed On Document | |
| Warranty Deed | $1,609,000 | None Available | |
| Deed | $66,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,250,000 | New Conventional | |
| Previous Owner | $1,250,000 | New Conventional | |
| Previous Owner | $150,000 | Credit Line Revolving | |
| Previous Owner | $533,000 | Commercial | |
| Previous Owner | $417,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/21/2025 02/21/25 | Sold | $2,800,000 | -6.5% | $1,027 / Sq Ft |
| 02/19/2025 02/19/25 | Pending | -- | -- | -- |
| 12/28/2024 12/28/24 | Price Changed | $2,995,000 | -9.2% | $1,098 / Sq Ft |
| 10/02/2024 10/02/24 | For Sale | $3,300,000 | -- | $1,210 / 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 |
|---|---|---|---|---|
| 2025 | $11,660 | $2,426,720 | $175,000 | $2,251,720 |
| 2024 | $6,600 | $1,002,550 | $175,000 | $827,550 |
| 2023 | $6,600 | $1,002,550 | $175,000 | $827,550 |
| 2022 | $6,600 | $1,002,550 | $175,000 | $827,550 |
| 2021 | $6,550 | $1,002,550 | $175,000 | $827,550 |
| 2020 | $5,686 | $816,900 | $0 | $0 |
| 2019 | $5,645 | $816,900 | $0 | $0 |
| 2018 | $4,619 | $816,900 | $0 | $0 |
| 2017 | $4,566 | $816,900 | $0 | $0 |
| 2016 | $4,549 | $816,900 | $0 | $0 |
| 2015 | $4,099 | $967,760 | $300,000 | $667,760 |
| 2014 | $4,099 | $967,760 | $300,000 | $667,760 |
Source: Public Records
Agents Affiliated with this Home
-
Art Fisher
Seller's Agent in 2025
Art Fisher
Fisher Realty Highlands
(828) 506-4895
75 in this area
184 Total Sales
-
Chip Freeman
Buyer's Agent in 2025
Chip Freeman
Lake Toxaway Company
(828) 712-6446
50 in this area
53 Total Sales
Map
Source: Highlands-Cashiers Board of REALTORS®
MLS Number: 106161
APN: 8512-57-3384-000
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