Neighboring the breathtaking Panthertown Valley—often called the "Yosemite of the East"—this exceptional 4.36-acre homesite offers a rare opportunity to build your dream mountain retreat in the prestigious Lake Toxaway Estates. Perched at approximately 4,300 feet in elevation, the property enjoys captivating views overlooking Lake Toxaway and the surrounding mountain community. With frontage on private Panthertown Drive and Spencer Lane, the lot provides both convenient access and outstanding privacy. Its gently rolling terrain winds gracefully between two natural spring heads, leading to
an ideal building site for a custom home that blends seamlessly with its peaceful surroundings. Lake Toxaway Estates is a cherished mountain community where generations of families have created lasting traditions. Centered around the region's largest private lake and surrounded by majestic peaks, residents enjoy spectacular scenery, abundant outdoor recreation, and an active social calendar. Whether you're seeking a vibrant seasonal community or a quiet mountain sanctuary, this remarkable property offers the best of both worlds.
Lot/land
$499,000
Lot 42 Panthertown Drive, Lake Toxaway, NC 28747
--beds
--baths
4.36Acres
Unimproved Land
Built in ----
4.36 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Gently rolling terrainSurrounded by majestic peaks
- 2 days |
- 47 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Hazel Fisher,
Hazel R. Fisher and Associates
Source: HCMLS,MLS#: 1003666Originating MLS: Highlands Cashiers Board of Realtors
Facts & features
Property
Features
- Exterior features: None
- Has view: Yes
- View description: Golf Course, Lake, Long Range, Mountain(s), Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake Privileges, Deeded Access
- Body of water: Lake Toxaway
Lot
- Size: 4.36 Acres
- Features: Corner Lot, Gentle Sloping, Private, Paved, Rectangular Lot, Views, Wooded
- Topography: Sloping
Details
- Parcel number: 8513031314000
- Zoning description: None
Utilities & green energy
- Water: Other
- Utilities for property: None, Underground Utilities
Community & HOA
Community
- Features: Lake, Marina, Trails/Paths, Water Access
- Subdivision: Lake Toxaway Estates
HOA
- Has HOA: Yes
- Amenities included: Marina, Picnic Area, Playground
Location
- Region: Lake Toxaway
Financial & listing details
- Tax assessed value: $334,810
- Annual tax amount: $1,609
- Date on market: 7/4/2026
- Cumulative days on market: 5 days
- Listing agreement: Exclusive Right To Sell
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
$1,911/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/4/2026 | Listed for sale | $499,000+26.3% |
Source: HCMLS #1003666 Report a problem | ||
| 2/15/2022 | Listing removed | -- |
Source: HCMLS Report a problem | ||
| 3/1/2017 | Price change | $395,000-19.9% |
Source: HAZEL R. FISHER and ASSOCIATES #64709 Report a problem | ||
| 2/26/2016 | Listed for sale | $493,000 |
Source: HAZEL R. FISHER and ASSOCIATES #64709 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
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-DependentNearby schools
GreatSchools rating
- 4/10T C Henderson ElementaryGrades: PK-5Distance: 5.4 mi
- 8/10Rosman MiddleGrades: 6-8Distance: 9 mi
- 7/10Rosman HighGrades: 9-12Distance: 9 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Transylvania County
- Lake Toxaway
- 28747
- Lot 42 Panthertown Drive





