“The Falls” is a stunning mountain retreat on over an acre of pristine land in a secluded, private setting. Initially chosen by one of Toxaway Falls’ developers for his personal residence, it offers breathtaking, one-of-a-kind views of Lake Toxaway Falls—so close, you can almost feel the mist. With over 2,000 sq. ft. across multiple levels (lower level is heated with an electric wood stove), it features main-level living, a spacious great room for entertaining, and a large game room with a billiards table. Start your day with coffee by the falls or spend quiet afternoons reading on the deck. Whether you’re hosting guests or unwinding in nature, this home is both a luxurious escape and an entertainer’s dream. Located in a sought-after resort area with potential rental income. The seller will reimburse up to $800 for a home inspection and $700 for a home warranty—owner financing may be available. Being sold unfurnished but some furnishings are negotiable. Don't miss this one!
Closed
$800,000
11 Lower Tanglewood Rd E, Lake Toxaway, NC 28747
3beds
2,016sqft
Modular
Built in 2003
1.06 Acres Lot
$809,200 Zestimate®
$397/sqft
$2,810 Estimated rent
Home value
$809,200
$664,000 - $987,000
$2,810/mo
Zestimate® history
Owner options
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$2,810/mo
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$4,954/mo
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List your homeWhat's special
Stunning mountain retreatMain-level livingSecluded private setting
Zillow last checked:
Listing updated:
Listing Provided by:
Cynthia Howard cynthia@bluaxis.com,
BluAxis Realty
Bought with:
Jen Hubbell
Keller Williams Mtn Partners, LLC
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4187500
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 4
- Main level bedrooms: 3
Primary bedroom
- Features: Ceiling Fan(s), En Suite Bathroom, Split BR Plan
- Level: Main
Bedroom s
- Features: Ceiling Fan(s), Split BR Plan
- Level: Main
Bedroom s
- Features: Ceiling Fan(s), Split BR Plan
- Level: Main
Bathroom full
- Features: Walk-In Closet(s)
- Level: Main
Bathroom full
- Features: Walk-In Closet(s)
- Level: Main
Bathroom full
- Level: Main
Bathroom full
- Features: Storage
- Level: Basement
Bar entertainment
- Level: Main
Dining area
- Features: Ceiling Fan(s)
- Level: Main
Flex space
- Features: Attic Other, Storage, See Remarks
- Level: Upper
Kitchen
- Level: Main
Laundry
- Level: Main
Living room
- Features: Ceiling Fan(s)
- Level: Main
Recreation room
- Level: Basement
Heating
- Central, Electric, Heat Pump, Other
Cooling
- Central Air, Electric, Heat Pump
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, Electric Oven, Electric Range, Exhaust Fan, Microwave, Propane Water Heater, Refrigerator with Ice Maker, Self Cleaning Oven, Washer/Dryer, Other
- Laundry: Gas Dryer Hookup, Mud Room, Laundry Room, Main Level, Sink, Washer Hookup
Features
- Kitchen Island, Pantry, Walk-In Closet(s)
- Flooring: Carpet, Tile, Wood
- Doors: Screen Door(s), Sliding Doors
- Basement: Basement Garage Door,Exterior Entry,Interior Entry,Partially Finished,Storage Space,Walk-Out Access,Walk-Up Access
- Fireplace features: Gas Log, Gas Unvented, Living Room, Propane, Other - See Remarks
Interior area
- Total structure area: 2,016
- Total interior livable area: 2,016 sqft
- Finished area above ground: 2,016
- Finished area below ground: 0
Property
Parking
- Total spaces: 10
- Parking features: Driveway, Attached Garage, Garage Faces Rear, Parking Space(s)
- Attached garage spaces: 2
- Uncovered spaces: 8
- Details: 8+ unencumbered parking spaces - on multiple levels
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Awning(s), Deck, Front Porch
- Has private pool: Yes
- Pool features: Community, Outdoor Pool
- Has view: Yes
- View description: Water, Year Round
- Has water view: Yes
- Water view: Water
Lot
- Size: 1.06 Acres
- Features: Paved, Private, Sloped, Views, Waterfall
Details
- Additional structures: Gazebo
- Parcel number: 8522520762000
- Zoning: none
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Modular
Materials
- Fiber Cement
- Foundation: Permanent, Other - See Remarks
- Roof: Shingle
Condition
- New construction: No
- Year built: 2003
Utilities & green energy
- Sewer: Private Sewer
- Water: Community Well
- Utilities for property: Cable Available, Electricity Connected, Propane
Community & neighborhood
Security
- Security features: Security System, Smoke Detector(s)
Location
- Region: Lake Toxaway
- Subdivision: Toxaway Falls Village
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $420 quarterly
- Association name: Toxaway Falls POA
Other
Other facts
- Listing terms: Cash,Conventional,FHA,Owner Financing,USDA Loan,VA Loan
- Road surface type: Asphalt, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2025 | Sold | $800,000-6.9%$397/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4187500 Report a problem | ||
| 8/25/2025 | Pending sale | $859,000$426/sqft |
Source: HCMLS #106226 Report a problem | ||
| 4/14/2025 | Listed for sale | $859,000-13.9%$426/sqft |
Source: Canopy MLS as distributed by MLS GRID #4187500 Report a problem | ||
| 11/30/2024 | Listing removed | $998,000$495/sqft |
Source: HCMLS #106226 Report a problem | ||
| 10/15/2024 | Listed for sale | $998,000+25.5%$495/sqft |
Source: Canopy MLS as distributed by MLS GRID #4187500 Report a problem | ||
| 12/20/2021 | Sold | $795,000-11.7%$394/sqft |
Source: Canopy MLS as distributed by MLS GRID #3771005 Report a problem | ||
| 10/19/2021 | Contingent | $900,000$446/sqft |
Source: Canopy MLS as distributed by MLS GRID #3771005 Report a problem | ||
| 10/17/2021 | Pending sale | $900,000$446/sqft |
Source: HCMLS #97113 Report a problem | ||
| 10/7/2021 | Price change | $900,000-18.2%$446/sqft |
Source: Canopy MLS as distributed by MLS GRID #3771005 Report a problem | ||
| 7/27/2021 | Listed for sale | $1,100,000$546/sqft |
Source: HCMLS #97113 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,691 | $560,700 |
| 2023 | $3,691 | $560,700 |
| 2022 | $3,691 +0.8% | $560,700 |
| 2021 | $3,663 +34.3% | $560,700 +43.1% |
| 2020 | $2,727 +0.7% | $391,880 |
| 2019 | $2,708 +22.2% | $391,880 |
| 2018 | $2,216 +1.2% | $391,880 |
| 2017 | $2,190 | $391,880 |
| 2016 | $2,190 +27.1% | $391,880 -3.7% |
| 2015 | $1,723 | $406,800 |
| 2014 | $1,723 | $406,800 |
| 2013 | -- | $406,800 |
| 2012 | -- | $406,800 |
| 2011 | -- | $406,800 |
| 2010 | -- | $406,800 |
Find assessor info on the county website
Neighborhood: 28747
Nearby schools
GreatSchools rating
- 4/10T C Henderson ElementaryGrades: PK-5Distance: 2.5 mi
- 8/10Rosman MiddleGrades: 6-8Distance: 6.4 mi
- 7/10Rosman HighGrades: 9-12Distance: 6.4 mi
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- North Carolina
- Transylvania County
- Lake Toxaway
- 28747
- 11 Lower Tanglewood Rd E
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