516 Cherokee Trace, Lake Toxaway NC
- 4 Bed
- 4 Bath
- 1968 ft2
- 0.6 ac
For Sale $1,395,000
Remarks:
Set in the heart of Lake Toxaway’s premier golf community, 516 Cherokee Trace offers an exceptional blend of comfort, convenience, with a view of Lakeside Mountain. This beautifully appointed home captures expansive vistas of the golf course, including a stunning perspective of Hole #16 and its pristine green—an ever-changing backdrop that can be enjoyed from multiple vantage points throughout the property. This 3,135 square foot residence features 4 bedrooms and 4 bathrooms, thoughtfully designed to provide both privacy and inviting gathering spaces. The interior is being offered furnished with select exceptions, allowing for an easy transition into mountain living. Ideally located just moments from the club, this home combines accessibility with a sense of retreat. A two-car garage, along with an additional two-car carport, ensures ample parking and a covered, welcoming entrance for residents and guests alike. Whether you're seeking a full-time residence or a mountain getaway, this property delivers scenic beauty, functional design, and a coveted location within one of Lake Toxaway’s most desirable settings. Membership to Lake Toxaway Country Club is based on application and availability.
General Information:
| List Price: | $1,395,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1968 sqft |
| Parking: | Attached Carport, Driveway, Garage Faces Side |
| MLS Number: | CAR4377271 |
| Subdivision: | Lake Toxaway Estates |
| Bathrooms: | 4 |
| Year Built: | 1991 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | Unspecified |
| Middle: | Unspecified |
| High: | Unspecified |
Price & Sales History
| Date | Event | Price | $/SQFT |
| 05-19-2026 | Listed | $1,395,000 | $709 |
| 08-05-2025 | Price Increase | $427,650+4.33% | $218 |
| 06-27-2025 | Listed | $409,900 | $209 |
Nearby Schools
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 | 7 miles | KG-05 | 8 |
| Summit Charter School | 9 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.
Properties For Sale Nearby
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 |
| 516 Cherokee Trace, Lake Toxaway NC | 0 mi | $1,395,000 | days | |
| 147 Club Colony Lane, Lake Toxaway NC | 0.1 mi | $1,285,000 | days | |
| 412 Cherokee Trace, Lake Toxaway NC | 0.1 mi | $1,600,000 | days | |
| 132 Red Bird Circle, Lake Toxaway NC | 0.4 mi | $4,190,000 | days | |
| 251 Toxaway Court, Lake Toxaway NC | 0.4 mi | $2,875,000 | days | |
| 64 Bee Tree Way, Lake Toxaway NC | 0.5 mi | $6,750,000 | days |
Sold Properties Nearby
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 |
Commute Distance & Time
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Mortgage Calculator
| 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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| Property Insurance |
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28747
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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.
Property Listing Information
A Courtesy Listing Provided By Lake Toxaway Co.
516 Cherokee Trace, Lake Toxaway NC is a 1968 ft2 on a 0.620 acres Appraisal lot. This is for $1,395,000. This has 4 bedrooms, 4 baths, and was built in 1991.
Based on information submitted to the MLS GRID as of 2026-05-19 09:01:47 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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