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Key Facts

$1,500,000

Active278 days on marketListed September 14, 2025

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Description

Spectacular, 48.91 +/- parcel in Lake Toxaway Estates adjoining the Toxaway River greenway with elevated view over Lake Cardinal and Lake Toxaway. This magnificent property features paved frontage with power to the property, multiple building sites, and is just minutes from the Lake Toxaway Country Club, marina, and Greystone Inn. This rare opportunity allows four residential building sites with the protection of surrounding conservation land that ensures a pristine setting for generations to come.

Property Information

Property Type

Land

Zoning

None

Days on Market

278

MLS® Listing#

4302157

Property Features

Lot Features

WoodedViews

Other Structures

None

Community

ClubhouseFitness CenterGolfPlaygroundTennis Court(s)

Utilities

Cable Available

Sewer

Septic Needed

Schools

Elementary:: T.C. Henderson
Middle:: Rosman
High:: Rosman

Financial Details

HOA

$5,058 / Annually

IPM Corporation

Assessed Value

$896,340

Parcel Number

8513-45-4619-000

Directions

From US64, take Blue Ridge Road to left on Cold Mountain Road just after the Lake Toxaway Fire Station. Follow Cold Mountain Road to a left on North Club Boulevard and then right on Fairway Drive. Follow Fairway Drive to a right on Cardinal Drive and property is at the very end of the road.

Affordability Calculator

Home Price

Down Payment

$300,000

Interest Rate (%)

Loan Term

Estimated monthly payment

$7,984/mo

Principal $1,200,000 · Est. interest $1,674,107 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Lake Toxaway, NC

$371,530
Median Listing Price: 80
Median Days on Market: 2,266
Median Sq Ft: $175
Median Price / Sq Ft: 560
Active Listings

This home’s price is 304% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Lake Toxaway, NC.

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Similar Home Values

Comparable nearby listings and their asking prices.

Address	Price	Beds	Baths	Sq Ft
334 Willow Top Lane, Lake Lure, NC	$1,050,000	3	4	3,885
130 Ginger Quill Circle, Biltmore Lake, NC	$1,075,000	4	4	3,592
446 Rainbow Circle, Lake Lure, NC	$1,075,000	2	4	4,026
117 Sunrise Point, Badin Lake, NC	$1,090,000	4	2	2,136
TBD Fairway Drive, Lake Toxaway, NC	$1,100,000	—	—	—
176 Quail Cove Road 1710, Lake Lure, NC	$1,195,000	4	4	1,992

Moving Cost Estimate

Listing Courtesy: Fisher Realty,Sapphire/Toxaway - ajennings@fisherrealtync.com

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use, solely to identify prospective properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Information deemed reliable but not guaranteed. Copyright ©2026 MLS GRID. All Rights Reserved.

Last Updated: 2025-09-14