Skip main navigation
For sale
  • Price cut: $40K (6/30)
    $1,350,000

    161 Chestnut Trace, Lake Toxaway, NC 28747

    3beds
    --sqft
    : 
    $7,988/mo
    Get pre-qualified
    Single Family Residence
    Built in 2003
    1.96 Acres Lot
    $1,275,800 Zestimate®
    $--/sqft
    $340/mo HOA

    What's special

    Soaring tongue-and-groove cathedral ceilingsAmple parking for guests
    Lake Toxaway Gem — Offered Fully Furnished: Thoughtfully designed and beautifully curated, this mountain retreat is offered completely furnished and is ideally located just 1.5 miles (approximately 3 minutes) from the prestigious Lake Toxaway Country Club and the ever-popular Greystone Inn. This three-bedroom, three-bath, single-level home is nestled on a private 1.96-acre lot within Lake Toxaway Estates, offering a rare sense of seclusion with no neighbors in sight—yet convenient access to the area’s most sought-after amenities. Inside, soaring tongue-and-groove cathedral ceilings and transom windows fill the great room with natural light, while 10-foot ceilings and 8-foot doors throughout reflect refined craftsmanship. The thoughtfully designed split-bedroom plan provides privacy and comfort for both owners and guests. Designed for effortless mountain living, the home features a screened porch with a wood-burning fireplace, perfect for enjoying the surrounding natural beauty year-round. Inside, a native stone fireplace anchors the great room, creating a warm and inviting space for cozy evenings.The well-appointed kitchen serves as the heart of the home—ideal for gathering and entertaining. The serene primary suite offers a peaceful retreat with private access to the back porch.Throughout the home, each room enjoys a connection to the surrounding landscape—there truly isn’t a bad view. The generously sized secondary bedrooms are private and well-positioned, offering lovely views and a comfortable sense of separation, with ample storage throughout. Enjoy the peaceful privacy and scenic beauty this property offers, with gentle walking trails leading to a tranquil creek, a fenced yard perfect for pets, and ample parking for guests. Whether enjoying the social scene or the award-winning golf course at the nearby club (membership required), or simply embracing the tranquility of this setting, this home offers a rare opportunity to experience the very best of mountain living. This lovely mountain cottage is a special retreat—easy to live in and even easier to love. BE SURE CHECK OUT THE VIDEO. **Note- Select amenities are available through club membership. **Matterport Tour available.
    107 days
    |
    838
    |
    43
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Tracy Patterson,

    Highlands Sotheby's International Realty - DT,

    Merry Soellner,

    Cashiers Sotheby's International Realty

    Source: HCMLS,MLS#: 1002976Originating MLS: Highlands Cashiers Board of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Primary bedroom
      • Level: Main
      Bathroom 2
      • Level: Main
      Bathroom 3
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Electric, Heat Pump
      Cooling
      • Central Air
      Appliances
      • Included: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Exhaust Fan, Disposal, Microwave, Oven, Refrigerator, Stainless Steel Appliance(s), Washer
      • Laundry: Washer Hookup, Dryer Hookup, Main Level, Laundry Room
      Features
      • Wet Bar, Bookcases, Built-in Features, Ceiling Fan(s), Cathedral Ceiling(s), Double Vanity, Eat-in Kitchen, Granite Counters, Other, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Workshop
      • Flooring: Wood
      • Basement: Crawl Space
      • Number of fireplaces: 2
      • Fireplace features: Living Room, Outside, Stone, Wood Burning
      • Furnished: Yes
      Interior area
      • Living area range: 2001-2500 Square Feet

      Property

      Parking
      • Total spaces: 2
      • Parking features: Additional Parking, Attached, Garage, Two Car Garage, Garage Door Opener, Paved, Parking Lot
      • Garage spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Rear Porch, Covered, Front Porch, Screened
      • Exterior features: Private Yard
      • Pool features: Association, Community
      • Has view: Yes
      • View description: Mountain(s)
      • Waterfront features: None
      • Body of water: Lake Toxaway
      Lot
      • Size: 1.96 Acres
      • Features: Rolling Slope
      • Topography: Sloping
      Details
      • Parcel number: 8512756235000
      • Zoning description: Residential

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow,Cottage,Traditional
      • Property subtype: Single Family Residence
      Materials
      • Frame, Stone, Wood Siding
      • Roof: Shingle
      Condition
      • New construction: No
      • Year built: 2003

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private, Well
      • Utilities for property: Cable Available, Electricity Available, High Speed Internet Available

      Community & HOA

      Community
      • Features: Clubhouse, Fitness Center, Golf, Lake, Pool, Tennis Court(s), Trails/Paths
      • Security: Security System
      • Subdivision: Lake Toxaway Estates
      HOA
      • Has HOA: Yes
      • Amenities included: Marina, Clubhouse, Fitness Center, Golf Course, Other, Pool, Tennis Court(s), Trail(s)
      • HOA fee: $4,085 annually
      • HOA name: Lake Toxaway Estates
      Location
      • Region: Lake Toxaway

      Financial & listing details

      • Tax assessed value: $518,720
      • Annual tax amount: $5,841
      • Date on market: 4/10/2026
      • Cumulative days on market: 108 days
      • Road surface type: Paved

        Estimated market value

        $1,275,800

        $1.21M - $1.34M

        $2,805/mo

        Price history

        DateEventPrice
        6/30/2026Price change$1,350,000-2.9%
        Source: HCMLS #1002976 Report a problem
        5/13/2026Price change$1,390,000-5.8%
        Source: HCMLS #1002976 Report a problem
        5/10/2026Listed for sale$1,475,000
        Source: HCMLS #1002976 Report a problem
        4/24/2026Contingent$1,475,000
        Source: HCMLS #1002976 Report a problem
        4/10/2026Listed for sale$1,475,000+37.2%
        Source: HCMLS #1002976 Report a problem
        12/22/2021Sold$1,075,000-17.3%
        Source: HCMLS #97785 Report a problem
        11/22/2021Pending sale$1,300,000
        Source: HCMLS #97785 Report a problem
        10/27/2021Listed for sale$1,300,000
        Source: HCMLS #97785 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,415 $518,720
        2023$3,415 $518,720
        2022$3,415 +0.8%$518,720
        2021$3,389 -13.1%$518,720 -7.4%
        2020$3,898 +0.7%$560,120
        2019$3,870 +22.2%$560,120
        2018$3,167 +1.2%$560,120
        2017$3,131 $560,120
        2016$3,131 +17.4%$560,120 -11%
        2015$2,667 $629,520
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28747

        Getting around

        0 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes