The Mountain Laurel, located at 41 Chimney Point is a premier lakefront estate that epitomizes privacy, exclusive and refined craftsmanship crafted by esteemed builder John Lupoli, the home showcases old world elegance sitting on over 1.3 acres with over 300 feet of Shoreline. The home has too many features to list, but among them include plaster walls, multiple stone fireplaces, an elevator to all floors and expansive outdoor living spaces. The gourmet kitchen is equipped with custom cabinetry, a Lacanche Cote D’Or oven, brass apron and prep sinks and two walk-in pantries. In addition, a covered breezeway connects a double carport, one car garage with a game room, theater, full bath and kitchenette above. This estate offers a serene retreat with breathtaking lake and mountain views, providing an unparalleled living experience in Western North Carolina.
Closed
$8,500,000
41 Chimney Point, Lake Toxaway, NC 28747
5beds
12,398sqft
Single Family Residence
Built in 2005
1.3 Acres Lot
$8,548,000 Zestimate®
$686/sqft
$4,497 Estimated rent
Home value
$8,548,000
$6.92M - $10.51M
$4,497/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
William Heinitsh will@laketoxaway.com,
Lake Toxaway Co.
Bought with:
Art Fisher
Fisher Realty - 10 Park Place
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4264296
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 10
- Full bathrooms: 7
- 1/2 bathrooms: 3
- Main level bedrooms: 1
Primary bedroom
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Basement
Bedroom s
- Level: Basement
Bathroom full
- Level: Main
Bathroom half
- Level: Main
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Bathroom full
- Level: Basement
Bathroom full
- Level: Basement
Bathroom half
- Level: Basement
Bar entertainment
- Level: Basement
Den
- Level: Main
Dining room
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Laundry
- Level: Main
Laundry
- Level: Upper
Living room
- Level: Main
Utility room
- Level: Basement
Other
- Level: Basement
Heating
- Floor Furnace, Heat Pump, Propane
Cooling
- Central Air, Dual, Ductless, Heat Pump
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, Double Oven, Gas Oven, Gas Range, Refrigerator, Washer/Dryer, Wine Refrigerator
- Laundry: In Basement, Mud Room, Utility Room, Laundry Room, Lower Level, Main Level, Multiple Locations, Upper Level
Features
- Breakfast Bar, Built-in Features, Elevator, Soaking Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Total Primary Heated Living Area: 11273
- Flooring: Stone, Tile, Wood
- Basement: Exterior Entry,Finished,Full,Interior Entry,Walk-Out Access,Walk-Up Access
- Fireplace features: Den, Family Room, Gas Log, Great Room, Outside, Propane, Wood Burning
Interior area
- Total structure area: 7,785
- Total interior livable area: 12,398 sqft
- Finished area above ground: 7,785
- Finished area below ground: 3,488
Property
Parking
- Total spaces: 3
- Parking features: Attached Carport, Driveway, Attached Garage, Garage on Main Level
- Attached garage spaces: 1
- Carport spaces: 2
- Covered spaces: 3
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered, Deck, Enclosed, Front Porch, Rear Porch, Screened, Side Porch
- Has view: Yes
- View description: Long Range, Mountain(s), Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Ramp – Community, Paddlesport Launch Site, Dock, Waterfront
- Body of water: Lake Toxaway
Lot
- Size: 1.3 Acres
- Features: Views
Living quarters
- Secondary living space: 1125 sqft
- Secondary features: Exterior Connected,Separate Living Quarters,Upper Level Garage
Details
- Additional structures: Boat House
- Parcel number: 8522282368000
- Zoning: None
- Special conditions: Standard
- Other equipment: Fuel Tank(s), Generator, Surround Sound
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stone, Wood
- Foundation: Slab
- Roof: Wood
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
Community & HOA
Community
- Security: Security System
- Subdivision: Lake Toxaway Estates
HOA
- Has HOA: Yes
- HOA fee: $2,496 annually
- HOA name: LTCA
- HOA phone: 828-966-9453
Location
- Region: Lake Toxaway
- Elevation: 3000 Feet
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $10,131,910
- Annual tax amount: $33,109
- Date on market: 5/27/2025
- Cumulative days on market: 52 days
- Listing terms: Cash,Conventional
- Road surface type: Cobblestone, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/11/2025 | Sold | $8,500,000-17.1%$686/sqft |
Source:  Canopy MLS as distributed by MLS GRID #4264296 Report a problem | ||
| 8/1/2025 | Pending sale | $10,250,000$827/sqft |
Source: HCMLS #1001023 Report a problem | ||
| 7/18/2025 | Contingent | $10,250,000$827/sqft |
Source: HCMLS #1001023 Report a problem | ||
| 5/27/2025 | Listed for sale | $10,250,000+108.1%$827/sqft |
Source: HCMLS #1001023 Report a problem | ||
| 10/25/2019 | Sold | $4,925,000-2.5%$397/sqft |
Source: HCMLS #90139 Report a problem | ||
| 10/18/2017 | Sold | $5,050,000$407/sqft |
Source: HCMLS #84441 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $33,109 | $5,029,480 |
| 2023 | $33,109 | $5,029,480 |
| 2022 | $33,109 +0.8% | $5,029,480 |
| 2021 | $32,858 -6.2% | $5,029,480 0% |
| 2020 | $35,019 +0.7% | $5,031,530 |
| 2019 | $34,768 +22.2% | $5,031,530 |
| 2018 | $28,448 | $5,031,530 |
| 2017 | -- | $5,031,530 |
| 2016 | -- | $5,031,530 +6% |
| 2015 | -- | $4,744,830 |
Find assessor info on the county website
Neighborhood: 28747
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Nearby schools
GreatSchools rating
- 4/10T C Henderson ElementaryGrades: PK-5Distance: 3.1 mi
- 8/10Rosman MiddleGrades: 6-8Distance: 6.8 mi
- 7/10Rosman HighGrades: 9-12Distance: 6.8 mi
- North Carolina
- Transylvania County
- Lake Toxaway
- 28747
- 41 Chimney Point
Nearby cities
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