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.
Active
$499,000
42 Spencer Ln #Mr42, 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
- 56 days
- 20
- 1
Zillow last checked:
Listing updated:
Listed by:
Hazel Fisher hrfisher@comporium.net,
Hazel R. Fisher & Associates
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4400649
Facts & features
Interior
Interior area
- Finished area below ground: 0
Property
Features
- Has view: Yes
- View description: Golf Course, Long Range, Mountain(s), Water, Year Round
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Ramp
- Body of water: Lake Toxaway
Lot
- Size: 4.36 Acres
- Features: Corner Lot, Views
Details
- Parcel number: 8513031314000
- Zoning: None
- Special conditions: Standard
Utilities & green energy
- Sewer: Septic Needed
- Water: Well Needed
Community & HOA
Community
- Features: Lake Access, Picnic Area, Playground, Walking Trails
- Subdivision: Lake Toxaway Estates
HOA
- Has HOA: Yes
Location
- Region: Lake Toxaway
- Elevation: 3500 Feet
Financial & listing details
- Tax assessed value: $334,810
- Date on market: 7/5/2026
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/5/2026 | Listed for sale | $499,000 |
Source: | ||
Public tax history
Tax history is unavailable.







