Townhomes for Sale in Lake Toxaway, Rosman

Lake Toxaway has been a sought-after destination for over a century. In the late 1800s, as the mountains of western North Carolina were becoming a popular tourist destination, several businessmen from Pittsburgh developed the area into a summer resort. After damming the Toxaway River, the lake became the largest privately owned lake in the state, which remains true to this day. Once the lake was complete, the area filled with inns and hotels, welcoming visitors that included Henry Ford, Thomas Edison and members of the Vanderbilt Family. Even though the lake is still privately owned, property owners within Lake Toxaway Estates or guests of The Greystone Inn are allowed access. Large lake homes with sizable plots of land and private docks are a common sight; homes off the water also have plenty of space among the pines and oaks. “The area is beautiful with easy access to gorgeous state parks,” says Amanda Jennings Gravley, a broker with Fisher Realty. “It offers easy access to all the beauty of the outdoors that brings people to Western North Carolina.” The average home value here is over $1, and real estate prices in Lake Toxaway significantly above the national average. Within