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  • $2,800,000

    540 Toxaway Dr, Lake Toxaway, NC 28747

    4beds
    4,490sqft
    Single Family Residence
    Built in 2003
    2.52 Acres Lot
    $2,783,700 Zestimate®
    $624/sqft
    $4,341 Estimated rent

    Home value

    $2,783,700

    $2.48M - $3.17M

    $4,341/mo

    Zestimate® history
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    What's special

    Stone fireplacePrivate officeNewly constructed two-car carportNew roof
    Designed by noted architect Meyer Greeson Paulin, and Benson. This meticulously crafted 4 BR, 3/5 BA custom home on Toxaway Mountain features a large, light-filled great room with a stone fireplace and sweeping views of the Blue Ridge Parkway and surrounding mountains, a beautifully and well appointed kitchen, main floor primary suite with vaulted ceilings, large screened porch with wood-burning fireplace, three well-appointed guest bedrooms, private office, newly constructed two-car carport, new roof, and driveway scheduled to be freshly paved in October. This home also includes the adjacent lot 28 for additional privacy.

    Zillow last checked:

    Listing updated:

    Listed by:

    Art Fisher artfisher@fisherrealtync.com,

    Fisher Realty - 10 Park Place

    Bought with:

    Chip Freeman

    Lake Toxaway Co.

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4185250MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Features: En Suite Bathroom, Vaulted Ceiling(s), Walk-In Closet(s)
    • Level: Main
    Primary bedroom
    • Level: Main
    Bedroom s
    • Level: Upper
    Bedroom s
    • Level: Upper
    Bedroom s
    • Features: En Suite Bathroom
    • Level: Basement
    Bedroom s
    • Level: Upper
    Bedroom s
    • Level: Upper
    Bedroom s
    • Level: Basement
    Bathroom full
    • Features: Garden Tub, Walk-In Closet(s)
    • Level: Main
    Bathroom half
    • Level: Main
    Bathroom full
    • Level: Upper
    Bathroom full
    • Level: Main
    Bathroom half
    • Level: Main
    Bathroom full
    • Level: Upper
    Dining area
    • Level: Main
    Dining area
    • Level: Main
    Family room
    • Level: Basement
    Family room
    • Level: Basement
    Great room
    • Features: Cathedral Ceiling(s), Open Floorplan
    • Level: Main
    Great room
    • Level: Main
    Kitchen
    • Features: Kitchen Island, Walk-In Pantry
    • Level: Main
    Kitchen
    • Level: Main
    Loft
    • Level: Upper
    Loft
    • Level: Upper
    Office
    • Level: Basement
    Office
    • Level: Basement
    Recreation room
    • Level: Basement
    Recreation room
    • Level: Basement
    Heating
    • Forced Air, Propane, Zoned
    Cooling
    • Heat Pump, Zoned
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Washer/Dryer
    • Laundry: Laundry Room, Main Level
    Features
    • Breakfast Bar, Built-in Features, Drop Zone, Soaking Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Other - See Remarks
    • Flooring: Carpet, Tile, Wood
    • Doors: French Doors
    • Windows: Insulated Windows
    • Basement: Daylight,Interior Entry,Partially Finished,Walk-Out Access
    • Fireplace features: Great Room, Porch
    Interior area
    • Total structure area: 2,817
    • Total interior livable area: 4,490 sqft
    • Finished area above ground: 2,817
    • Finished area below ground: 1,673

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Carport
    • Carport spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Rear Porch, Screened
    • Exterior features: Fire Pit
    • Has view: Yes
    • View description: Long Range, Mountain(s), Year Round
    • Waterfront features: Boat Ramp – Community
    • Body of water: Lake Toxaway
    Lot
    • Size: 2.52 Acres
    • Features: Private, Sloped, Wooded, Views, Other - See Remarks
    Details
    • Additional structures: Other
    • Parcel number: 8512573384000
    • Zoning: None
    • Special conditions: Standard
    • Other equipment: Fuel Tank(s)

    Construction

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

    Utilities & green energy

    • Sewer: Septic Installed
    • Water: Well
    • Utilities for property: Cable Available, Electricity Connected, Fiber Optics, Phone Connected, Propane, Underground Power Lines, Underground Utilities, Wired Internet Available

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Game Court, Golf, Lake Access, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Tennis Court(s), Walking Trails
    • Security: Carbon Monoxide Detector(s), Security Service, Security System
    • Subdivision: Lake Toxaway Estates
    HOA
    • Has HOA: Yes
    • HOA fee: $5,292 annually
    • HOA name: IPM Corporation
    • HOA phone: 828-966-9453
    • Second HOA fee: $3,276 annually
    • Second HOA name: IPM Corporation
    • Second HOA phone: 828-966-9453
    Location
    • Region: Lake Toxaway
    • Elevation: 3500 Feet

    Financial & listing details

    • Price per square foot: $624/sqft
    • Tax assessed value: $1,127,550
    • Annual tax amount: $1,166,039
    • Date on market: 10/1/2024
    • Cumulative days on market: 114 days
    • Listing terms: Cash,Conventional
    • Electric utility on property: Yes
    • Road surface type: Asphalt, Paved

    Price history

    DateEventPrice
    2/21/2025Sold$2,800,000-6.5%$624/sqft
    Source: Canopy MLS as distributed by MLS GRID #4185250 Report a problem
    2/20/2025Pending sale$2,995,000$667/sqft
    Source: HCMLS #106161 Report a problem
    2/5/2025Contingent$2,995,000$667/sqft
    Source: HCMLS #106161 Report a problem
    12/28/2024Price change$2,995,000-9.2%$667/sqft
    Source: Canopy MLS as distributed by MLS GRID #4185250 Report a problem
    10/1/2024Listed for sale$3,300,000+105.1%$735/sqft
    Source: Canopy MLS as distributed by MLS GRID #4185250 Report a problem
    1/19/2022Sold$1,608,750-5.3%$358/sqft
    Source: Canopy MLS as distributed by MLS GRID #3751967 Report a problem
    11/8/2021Pending sale$1,699,000$378/sqft
    Source: HCMLS #96769 Report a problem
    11/8/2021Contingent$1,699,000$378/sqft
    Source: Canopy MLS as distributed by MLS GRID #3751967 Report a problem
    10/24/2021Price change$1,699,000-2.9%$378/sqft
    Source: Canopy MLS as distributed by MLS GRID #3751967 Report a problem
    6/15/2021Listed for sale$1,750,000+464.5%$390/sqft
    Source: Canopy MLS as distributed by MLS GRID #3751967 Report a problem
    10/6/2005Sold$310,000+369.7%$69/sqft
    Source: Agent Provided Report a problem
    10/1/1991Sold$66,000$15/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,166,039 +17567.8%$2,426,720 +142.1%
    2024$6,600 $1,002,550
    2023$6,600 $1,002,550
    2022$6,600 +0.8%$1,002,550
    2021$6,550 +15.2%$1,002,550 +22.7%
    2020$5,686 +0.7%$816,900
    2019$5,645 +22.2%$816,900
    2018$4,619 +1.2%$816,900
    2017$4,566 $816,900
    2016$4,566 +11.4%$816,900 -15.6%
    2015$4,099 $967,760
    Find assessor info on the county website

    Neighborhood: 28747

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: T.C. Henderson
    • Middle: Rosman
    • High: Rosman

    Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $2,783,700
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    With Zillow Showcase(estimated)
    $2,839,374
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,783,700
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    +$55,674
    With Zillow Showcase(estimated)
    $2,839,374