NOT LISTED FOR SALE

87 Ridge Colony Ln Lake Toxaway, NC 28747

Lake Toxaway Neighborhood

Estimated Value: $245,000 - $555,000

2.01 Acres
$207,703 Price per Acre
87,599 Sq Ft Lot

Last Sold June 30, 2024

Last sale price $420,000

Current estimated payment $2,636/month

68 Days on Market

Highlights

  • Marina
  • RV Access or Parking
  • 2.01 Acre Lot
  • Golf Course Community
  • Lake View
  • Clubhouse

About This Lot

As of June 2024

Enjoy an exceptional view of lake and mountains at a 4,100' elevation above beautiful, privately owned Lake Toxaway. This 2 acre lot shares Ridge Colony Lane with only two other homes and affords the benefits of an installed, shared well and an easement for an approved septic drain field. Only minutes down the mountain to LTCC, the Greystone Inn and Lake Toxaway Marina or a short drive up the mountain to the LTCA's pavilion, walking trails and children's fishing pond. Come see why families have enjoyed this well established community for generations.

Last Agent to Sell the Property

Hazel Fisher

Hazel R. Fisher and Associates Brokerage Phone: 8289669012 Listed on: 04/20/2024

Last Buyer's Agent

Hazel Fisher

Hazel R. Fisher and Associates Brokerage Phone: 8289669012 Listed on: 04/20/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,646

Lot Details

  • 2.01 Acre Lot
  • Wooded Lot

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • RV Access or Parking

Property Views

  • Lake
  • Mountain

Utilities

  • Well

Listing and Financial Details

  • Tax Lot 7A Revised
  • Assessor Parcel Number 8512-27-4359-000

Community Details

Recreation

  • Marina
  • Golf Course Community
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse

Property Details

Property Type

Land

Est. Annual Taxes

$1,646

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 2.011
  • Road Surface Type: Paved
  • Water Body Name: Lake Toxaway
  • Directions: US 64 to West Club Blvd; Left onto Chestnut Trace; Left onto Fairway Drive; Left onto Toxaway Mountain Drive; Left onto Ridge Colony Lane; Lot is on left just past first house.
  • Carport Y N: No
  • Garage Yn: No
  • Attribution Contact: 8289669012
  • PropertySubTypeAdditional: Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Wooded
  • Pool Features: Community
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Deeded Access

Garage/Parking

  • Parking Features: Boat, RV Access/Parking

Utilities

  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Golf, Marina, Other, Playground, Park, Pool, Trails/Paths, Water Access
  • Association Fee: 2282.0
  • Association Fee Frequency: Annually
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 87555.6
  • Parcel #: 8512-27-4359-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 1645.75
  • Tax Lot: 7A Revised
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2024
Sold by
Powell Jack H and Powell Page N
Bought by
Powell Toxaway Trust and Powell
Current Estimated Value
$421,636

Purchase Details

Listed on
Apr 20, 2024
Closed on
Jun 28, 2024
Sold by
Harman C Dale C and Harman Katherine R
Bought by
Powell Jack H and Powell Page N
Seller's Agent
Hazel Fisher
Hazel R. Fisher and Associates
Buyer's Agent
Hazel Fisher
Hazel R. Fisher and Associates
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.35%

Purchase Details

Closed on
Jul 1, 2004
Bought by
Harman Harman C and Harman Katherine R
Source: Public Records

Range of Values:

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Average Value
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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
Powell Toxaway Trust -- None Listed On Document
Powell Toxaway Trust -- None Listed On Document
Powell Jack H $420,000 None Listed On Document
Harman Harman C $392,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2024 06/30/24 Sold $420,000 -1.2% --
04/22/2024 04/22/24 For Sale $425,000 -- --
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 $1,646 $250,000 $250,000 $0
2023 $1,646 $250,000 $250,000 $0
2022 $1,646 $250,000 $250,000 $0
2021 $1,633 $250,000 $250,000 $0
2020 $2,610 $375,000 $0 $0
2019 $2,591 $375,000 $0 $0
2018 $2,120 $375,000 $0 $0
2017 $2,096 $375,000 $0 $0
2016 $2,088 $375,000 $0 $0
2015 $1,906 $450,000 $450,000 $0
2014 $1,906 $450,000 $450,000 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2024

    Hazel Fisher

    Hazel R. Fisher and Associates

    (828) 966-9012

    61 in this area

    64 Total Sales

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Map

Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 104168

APN: 8512-27-4359-000

North Carolina Transylvania County Lake Toxaway 28747 Lake Toxaway

87 Ridge Colony Ln, Lake Toxaway, NC

This home is located at 87 Ridge Colony Ln, Lake Toxaway, NC 28747 since 20 April 2024 and is currently estimated at $417,690. 87 Ridge Colony Ln is a home located in Transylvania County.

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