Lake Toxaway, NC Homes for Sale between $400,000 to $500,000

Lake Toxaway, NC Homes for Sale between $400,000 to $500,000

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Lake Toxaway, NC Homes for Sale Between $400,000 to $500,000

$450,000
2 Beds ⋅ 2 Baths ⋅ 4421663 MLS ⋅ ACTIVE Status
There is something special about 221 Toxaway Falls Drive, Unit 1—a place where your day is the steady, meditative roar of the iconic 350-foot Toxaway Falls. This isn’t just a condo; it’s a front-row seat to one of the most breathtaking natural views in the Blue Ridge Mountains, with the lush, protected wilderness of Gorges State Park as your permanent neighbor across the gorge. Inside, the living area centers around a cozy stone fireplace, recently upgraded with a dedicated gas line—meaning effortless fires and deck-side grilling without the hassle of propane tanks. The kitchen remains in its classic, functional state with quality appliances, while the primary bathroom and bedrooms have been lightly refreshed to offer a clean, inviting feel. Designed for maximum ease and low-maintenance living, this unit seamlessly blends comfort with accessibility. While there is only one short flight of stairs to the front door, a newly installed chairlift makes transitions effortless—whether you're transporting heavy luggage, carrying in groceries, or hosting guests with limited mobility. Just a short stroll away, residents and guests can relax at the community’s heated pool, a rare and delightful mountain luxury on warm summer afternoons. For nearby residents of the Mountain Falls Luxury Motorcoach Resort, this property serves as the ultimate "guest annex." It offers your visiting friends and family their own private sanctuary with world-class waterfall views, all while keeping them right around the corner. Beyond its undeniable charm as a personal mountain retreat, this fully furnished unit is a proven performer for the savvy buyer. Currently operating as a highly successful short-term rental, it offers a true turnkey opportunity to generate immediate, lucrative income from day one. Whether you are seeking a low-maintenance mountain escape, a sophisticated guest house, or a high-demand investment property with an irreplaceable "waterfall in your backyard" appeal, Unit 1 delivers on every front. Step into your turnkey sanctuary today!

221 Toxaway Falls Drive Unit #1, Lake Toxaway

Listing courtesy of Coldwell Banker Advantage. mikebatchelder@cbawest.com
$462,000
3 Beds ⋅ 4 Baths ⋅ 4417213 MLS ⋅ ACTIVE Status
This very nice upper-level condo feels cozy yet spacious, with wood floors throughout and an inviting layout. The living and dining areas open to both screened and open decks, perfect for enjoying the fresh mountain air or enjoy the wood burning fireplace in the living room when the weather turns chilly. The open kitchen offers plenty of cabinet and counter space and the laundry closet is located conveniently between the kitchen and bedrooms. Tucked at the end of the hall is the primary bedroom with an en suite bath and its own private deck with outside storage closet. There is a guest bedroom and bath just across the hall. The next-door bonus apartment with its own private entrance offers excellent flexibility for an in-law suite or visiting guests. This comfortable space features an open living area with a half bath, a propane-ready fireplace, a bedroom with a full bath, a full kitchen, and a laundry closet. Don't forget about the single car garage, with exterior entrance, for extra parking and storage. Toxaway Views has a private community pool and wooded walking trails that connect to Gorges State Park, creating a wonderful setting for relaxing, exploring, and enjoying the natural beauty of the area.

157 Toxaway Views Drive, Lake Toxaway

Listing courtesy of Petit Properties Inc. melanie.petitproperties@gmail.com
$495,000
3 Beds ⋅ 3 Baths ⋅ 4394791 MLS ⋅ ACTIVE Status
Step inside this one-level mountain retreat, waiting for you next to Gorges State Park, then hike out your backdoor and quickly access the park’s trail system! You’ll love the mature rhododendron and mountain laurel that surround this home, as well as the elevated fire pit area and spacious back deck. Cozy up to the stone fireplace under the living room’s vaulted ceiling with wooden beam accents. Enjoy evening cocktails on the back deck as you unwind and relax. Perfect vacation or investment property, as it is being sold turnkey and currently has a tenant in place through the end of November. The main house hosts a welcoming foyer as well as an open floor plan between living, dining, and kitchen. Down the hall, you’ll find a spacious primary bedroom with an ensuite bath, plus two more bedrooms that share a Jack-and-Jill full bath. In 2024 the garage was partially finished, adding a studio, a full bath, and a kitchenette. (No permits were pulled for this work, so this is not counted in the total HLA.) Thoughtful updates have been made adding style and modernization through wall accents, paint, fixtures, and design. The entry road is private and there is a shared road agreement in place. An easy 14-mile drive from both downtown Brevard and downtown Cashiers. New HVAC in 2024; baseboard heat and plug-in AC units for the bonus space.

580 Whetstone Gap Road, Lake Toxaway

Listing courtesy of Mosaic Community Lifestyle Realty. steph@mymosaicrealty.com
$499,000
4400649 MLS ⋅ ACTIVE Status
Neighboring the breathtaking Panthertown Valley—often called the "Yosemite of the East"—this exceptional 4.36-acre homesite offers a rare opportunity to build your dream mountain retreat in the prestigious Lake Toxaway Estates. Perched at approximately 4,300 feet in elevation, the property enjoys captivating views overlooking Lake Toxaway and the surrounding mountain community. With frontage on private Panthertown Drive and Spencer Lane, the lot provides both convenient access and outstanding privacy. Its gently rolling terrain winds gracefully between two natural spring heads, leading to an ideal building site for a custom home that blends seamlessly with its peaceful surroundings. Lake Toxaway Estates is a cherished mountain community where generations of families have created lasting traditions. Centered around the region's largest private lake and surrounded by majestic peaks, residents enjoy spectacular scenery, abundant outdoor recreation, and an active social calendar. Whether you're seeking a vibrant seasonal community or a quiet mountain sanctuary, this remarkable property offers the best of both worlds.

Lot 42 Spencer Lane Unit #MR42, Lake Toxaway

Listing courtesy of Hazel R. Fisher & Associates. hrfisher@comporium.net
$450,000
4399911 MLS ⋅ ACTIVE Status
Saddle Camp is a private 10.48-acre mountain retreat within the prestigious Lake Toxaway Estates, offering expansive, "in your face" views of Cold Mountain and Panthertail Mountain. With the ability to be subdivided one time, the property provides exceptional flexibility, whether you're envisioning a private family compound or multiple homesites. Established trails meander throughout the acreage, making it easy to explore the property's natural beauty, native hardwoods, and abundant wildlife. Accessed by a state-maintained paved road, Saddle Camp combines privacy, convenience, and the serene mountain setting that makes Lake Toxaway Estates such a sought-after destination. Ideally located near Panthertown Valley, Meadow Ridge, and the community pavilion, the property offers easy access to hiking, outdoor recreation, and all that the area has to offer. For those seeking an even larger mountain retreat, Saddle Camp and River Camp may be purchased together (with potential seller concessions), creating an exceptional 20+ acre estate with extensive stream frontage, established trail systems, and unparalleled access to the natural beauty of Lake Toxaway Estates.

TBD Long Ridge Road, Lake Toxaway

Listing courtesy of Lake Toxaway Co.. ross@laketoxaway.com
$475,000
4399724 MLS ⋅ ACTIVE Status
River Camp is a remarkably rare 10.65-acre mountain property within Lake Toxaway Estates, featuring approximately 1,500 feet of pristine headwater frontage of the Toxaway River. This exceptional offering combines breathtaking natural beauty with direct access to some of Western North Carolina's most treasured outdoor destinations. Accessed from state-maintained Cold Mountain Road, the property also offers the flexibility to be subdivided one time, creating additional possibilities for a family compound or multiple homesites. A defining feature of the property is its spectacular stream frontage, highlighted by two picturesque waterfalls that create a peaceful setting filled with the soothing sounds of cascading water year-round. Established trails meander throughout the landscape, inviting exploration of native hardwoods and abundant wildlife. Conveniently located near Meadow Ridge and the community pavilion, River Camp offers a rare opportunity to experience private streamfront living in one of Lake Toxaway Estates' most serene settings. For those seeking an even more expansive mountain retreat, River Camp and the adjoining Saddle Camp may be purchased together (with some seller concession), creating an extraordinary estate of more than 20 acres with extensive stream frontage, established trail systems, and an unparalleled connection to the natural beauty of the Blue Ridge Mountains.

River Camp Long Ridge Road, Lake Toxaway

Listing courtesy of Lake Toxaway Co.. ross@laketoxaway.com
$475,000
4382051 MLS ⋅ ACTIVE Status
Set high above North Carolina’s largest private lake, this exceptional estate lot offers a rare opportunity to create a custom mountain retreat in one of the area’s most sought-after communities. Located within Toxaway River Preserve, a low-density enclave inside Lake Toxaway Estates, the property was thoughtfully selected for its outstanding long-range views, gentle topography, and exceptional privacy. Lot 2 features a wide access driveway with an easy approach to a beautifully positioned homesite overlooking Lake Toxaway and the surrounding hardwood forest. Surrounded by protected natural beauty and designed with long-term privacy in mind, this property offers the perfect balance of seclusion, accessibility, and breathtaking scenery. Owners also have the option to join the Lake Toxaway Country Club for access to the renowned 18-hole golf course, dining, tennis, croquet, fitness amenities, and private lake access. With its combination of expansive acreage, carefully planned build site, remarkable views, and premier location near Lake Toxaway, this property presents an outstanding value and an exceptional setting for a future mountain estate.

2 Cardinal W Drive Unit #TRP 2, Lake Toxaway

Listing courtesy of Keller Williams Professionals. josephscott@kw.com
$486,200
4371767 MLS ⋅ ACTIVE UNDER CONTRACT Status
Practically untouched and adjoining 4,100+ acres of Pisgah National Forest, this ±44-acre tract of UNRESTRICTED land is located in Lake Toxaway, NC offering a private, wooded setting with multiple potential build sites and a mix of workable terrain and mountainous inclines. Established wildlife trails provide access throughout a portion of the natural, undeveloped landscape. Conveniently located within a short drive to Brevard, Pisgah Forest, and the Blue Ridge Parkway, provides convenient access to the nearby outdoor recreation such as: hiking, biking, fishing and waterfall exploration. This tract would be suitable for a private mountain retreat, family compound, hunting camp, development, and/or secure land investment in Western North Carolina. Given it is a portion of a larger tract, acreage will need to be surveyed prior to closing.

Off Diamond Creek Road, Lake Toxaway

Listing courtesy of Petit Properties Inc. jjraines1@gmail.com
$400,000
4373328 MLS ⋅ ACTIVE Status
IMAGINE.... You step onto the deck just as the first light gathers behind the Blue Ridge. The air is cool and clean, carrying the scent of mountain laurel and damp earth. Below, the lake rests like glass reflecting the sky's shifting colors. A veil of mist lingering in the valley. As the sun crests the ridgeline, it spills across the landscape - the water, the hills, the winding roads - bringing warmth and color. And in that moment, you realize this isn't just a view, it's your home. This nearly 5-acre homesite is priced to move. It has long-range, year-round, easterly views of the WNC mountains, Lake Toxaway, and the beautiful golf course below. Don't miss this opportunity to build your dream home on an amazing piece of property in WNC.

P 2 L020RV Toxaway Cliff Unit #20, Lake Toxaway

Listing courtesy of BHGRE Integrity Partners. scott@craftworkrealty.com
$425,000
4365397 MLS ⋅ ACTIVE Status
“Kalmia Knoll” perched above Lake Toxaway, is an exceptional homesite with a rare combination of easy buildability and truly breathtaking, long-range views—among the finest in Western North Carolina. From the future home site, take in a stunning 360-degree panorama that captures the lake, dramatic granite cliffs, layered Blue Ridge mountain vistas, and a lush hardwood forest. Even the iconic Mill Creek Falls—with its impressive cascade—is beautifully framed in the distance. Located within the exclusive Toxaway River Preserve, this low-density enclave features just a handful of expansive estate lots, thoughtfully paired with protected conservation land to ensure privacy, serenity, and preservation of the natural surroundings. With its generous acreage, gently sloping topography, improved build site, and unparalleled view corridor—all within the storied Lake Toxaway Estates—this property presents an extraordinary opportunity to create a legacy mountain retreat. Start designing your dream home today. Membership to Lake Toxaway Country Club is based upon application and availability.

TRP 1 Cardinal W Drive, Lake Toxaway

Listing courtesy of Lake Toxaway Co.. will@laketoxaway.com
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