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Off market
  • $2,181,900

    518 Cardinal Dr W, Lake Toxaway, NC 28747

    4beds
    2,507sqft
    SingleFamily
    Built in 2005
    1.95 Acres Lot
    $2,181,900 Zestimate®
    $870/sqft
    $3,444 Estimated rent

    Home value

    $2,181,900

    $1.96M - $2.42M

    $3,444/mo

    Zestimate® history
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    $12,477/mo

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    What's special

    This is a fly fisherman's dream! Meandering down the rhododendron circle drive takes you to this one-of-a-kind arts and crafts home in Lake Toxaway Estates on the Toxaway River. With direct lake access to the pristine waters of Lake Cardinal one can tube the river, canoe, kayak and fish as well as boat on Lake Toxaway. The River encircles 50% of the property and is the only property to be built on the Toxaway River. Adorned with windows the home is light and bright. The floor to ceiling stone fireplace is the focal point of the open and expansive great room with Cathedral ceilings, cove lighting, plus a sitting area to read with sounds of the river in the background. The large master offers a screened deck, his and her baths & 2 large closets. A second bedroom could be a perfect office. The spacious kitchen is a chef's dream with a Dacor 6 burner stove. An elevator offers access to the lower level with 2 bedrooms/2 baths, an inviting tv room, and an area for an art studio, shop, playroom, or man cave with lots of storage throughout. Do you love gardening or access to fresh herbs for dinner preparation, a greenhouse can be reached from the double car garage. Enjoy evenings by the river on the stone patio with firepit. The Toxaway River Trail is easy access for a 2-3 mile hike along the Toxaway River with it many rapids and waterfalls. Although membership to Lake Toxaway Country Club is optional, for those wishing to join there is a beautifully renovated clubhouse, a new pool activity center and a golf training and exercise facility, tennis, pickleball, croquet and a newly designed Spencer golf course. The lake is for everyone to enjoy residing within Lake Toxaway Estates. Come enjoy Mother Nature's paradise in this special home. On the visual tour make sure you go outside on the lower level to see the river and boat dock. 4640 sq.ft living area per appraiser.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Washer/Dryer Connection, Cathedral Ceilings, Ceiling Fans, Window Treatments, Workshop, Walk-in Closet, Breakfast Bar, Pantry, Security System, Vaulted Ceilings, Handicap Accessible, Sound Wired, Tray Ceilings, Elevator
    • Flooring: Tile, Other, Carpet, Hardwood, Laminate
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 2,507 sqft

    Property

    Features
    • Exterior features: Wood
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 1.95 Acres
    Details
    • Parcel number: 8513530666000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Concrete
    • Roof: Shake / Shingle
    Condition
    • Year built: 2005

    Community & HOA

    Location
    • Region: Lake Toxaway

    Financial & listing details

    • Price per square foot: $870/sqft
    • Tax assessed value: $1,917,270
    • Annual tax amount: $921,334

    Price history

    DateEventPrice
    5/26/2021Listing removed--
    Source: HCMLS Report a problem
    3/24/2021Pending sale$1,750,000$698/sqft
    Source: HCMLS #95355 Report a problem
    11/30/2020Listed for sale$1,750,000+34.6%$698/sqft
    Source: NCMOUNTAINLIFE.COM #95355 Report a problem
    7/19/2019Sold$1,300,000-6.8%$519/sqft
    Source: HCMLS #90620 Report a problem
    5/24/2019Pending sale$1,395,000$556/sqft
    Source: LAKE TOXAWAY COMPANY #90620 Report a problem
    4/14/2019Listed for sale$1,395,000+45.3%$556/sqft
    Source: Lake Toxaway Company #90620 Report a problem
    3/8/2018Sold$960,000-3.5%$383/sqft
    Source: HCMLS #81861 Report a problem
    2/16/2018Pending sale$995,000$397/sqft
    Source: Landmark Realty Group, LLC - Burlingame #81861 Report a problem
    4/20/2017Price change$995,000-23.2%$397/sqft
    Source: Landmark Realty Group, LLC - Burlingame #81861 Report a problem
    9/1/2016Price change$1,295,000-13.1%$517/sqft
    Source: Landmark Realty Group, LLC - Burlingame #81861 Report a problem
    3/18/2016Listed for sale$1,490,000$594/sqft
    Source: Landmark Realty Group, LLC - Burlingame #81861 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$921,334 +10389.4%$1,917,270 +43.7%
    2024$8,783 0%$1,334,070
    2023$8,784 +0%$1,334,070
    2022$8,782 +0.8%$1,334,070
    2021$8,715 +3.1%$1,334,070 +9.9%
    2020$8,451 +0.7%$1,214,220
    2019$8,390 +22.2%$1,214,220
    2018$6,865 -2.4%$1,214,220 -3.5%
    2017$7,036 $1,258,900
    2016$7,036 +38.8%$1,258,900 +5.2%
    2015$5,068 $1,196,320
    Find assessor info on the county website

    Neighborhood: 28747

    Nearby schools

    GreatSchools rating
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    $2,181,900
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    With Zillow Showcase(estimated)
    $2,225,538