For Sale $2,875,000
Positioned along the first ridge of Toxaway Mountain within the prestigious Lake Toxaway Estates, this extraordinary 5,000 sq ft mountain retreat blends timeless character with thoughtfully curated modern luxury. Once featured in Southern Accents as “a broad, low ramble of porches,” the fully renovated residence captures sweeping Blue Ridge Mountain views while offering exceptional privacy just minutes from Lake Toxaway Country Club and less than an hour from vibrant Asheville. Designed for both relaxed mountain living and effortless entertaining, the home features 3 bedrooms, 6 bathrooms, and a beautifully reimagined open floor plan where rustic elegance meets refined comfort. A chef’s kitchen, spa-inspired baths, expansive gathering spaces, and thoughtfully designed interiors create a warm yet elevated atmosphere throughout. Multiple porches and patios embrace the surrounding mountain scenery, while a hidden children’s bunk room and flexible recreation space add charm and versatility for hosting family and guests alike. Extensive improvements include a newly constructed 2-car garage with workshop, whole-house generator, UV water filtration system, EV wiring, and integrated smart home technology. Residents enjoy access to the exceptional lifestyle of Lake Toxaway, including scenic hiking trails, North Carolina’s largest private lake, and optional membership opportunities at Lake Toxaway Country Club based on application and availability. A rare offering designed to be enjoyed for generations to come.
| List Price: | $2,875,000 |
| Status: | For Sale |
| Bedrooms: | 3 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 2069 sqft |
| Parking: | Circular Driveway, Attached Garage |
| MLS Number: | CAR4382183 |
| Subdivision: | Lake Toxaway Estates |
| Style: | Traditional |
| Bathrooms: | 6 |
| Year Built: | 1991 |
| Sewer Type: | Septic Installed |
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
| Date | Event | Price | $/SQFT |
| 05-29-2026 | Listed | $2,875,000 | $1,390 |
| 11-19-2025 | Under Contract | $1,250,000 | $605 |
| 09-12-2025 | Price Decrease | $1,250,000-3.85% | $605 |
| 07-14-2025 | Listed | $1,300,000 | $629 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| T C Henderson Elementary | 4 miles | KG-05 | 9 |
| Rosman Elementary | 8 miles | KG-05 | 8 |
| Summit Charter School | 8 miles | KG-06 | 8 |
| Blue Ridge School | 9 miles | KG-06 | 2 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 251 Toxaway Court, Lake Toxaway NC | 0 mi | $2,875,000 | days | |
| 560 Toxaway Court, Lake Toxaway NC | 0.2 mi | $650,000 | days | |
| 412 Cherokee Trace, Lake Toxaway NC | 0.4 mi | $1,600,000 | days | |
| 516 Cherokee Trace, Lake Toxaway NC | 0.4 mi | $1,395,000 | days | |
| 147 Club Colony Lane, Lake Toxaway NC | 0.5 mi | $1,285,000 | days | |
| 46 Mills Creek Drive, Lake Toxaway NC | 0.6 mi | $3,450,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By Lake Toxaway Co.
251 Toxaway Court, Lake Toxaway NC is a 2069 ft2 on a 1.200 acres Appraisal lot. This is for $2,875,000. This has 3 bedrooms, 6 baths, and was built in 1991.
Based on information submitted to the MLS GRID as of 2026-05-29 09:11:20 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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