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Sold for $940,000
  • $940,000

    589 Seminole Way, Lake Toxaway, NC 28747

    3beds
    1,987sqft
    SingleFamily
    Built in 1998
    0.52 Acres Lot
    $952,400 Zestimate®
    $473/sqft
    $2,757 Estimated rent

    Home value

    $952,400

    $790,000 - $1.15M

    $2,757/mo

    Zestimate® history
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    $5,378/mo

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    What's special

    TURNKEY - FULLY FURNISHED! Ideal cottage getaway on 11th fairway of Lake Toxaway Country Club golf course. The home has cathedral ceilings, a stone fireplace, hardwood floors in the great room and the master and tile in the kitchen, laundry, and baths. The rustically elegant interior is bathed with light from the wall of windows. The large covered deck with a view of the golf course is perfect for relaxing or dining al fresco. The single carport, 7-year-old roof and generator were added by the current owner. Be right in the middle of the many activities available in Lake Toxaway. "Karlayne Cottage" is just a short walk to the Lake Toxaway Country Club, the Lake Toxaway marina, tennis courts, croquet courts, and pool. The country club will be building a new pool and dining complex in the fall. Membership to the country club is available by application. Additional fees apply. Lake Toxaway is the largest private lake in North Carolina. The lake, available to property owners, their families and guests, has wonderful fishing, including walleye, large and small mouth bass, trout, and brim. There is water skiing, tubing, kayaking, paddle boarding, fishing, and swimming, but no jet skis. The Property Owner's Association will be opening the new Nature Park with a pavilion, playground, and hiking trails in June. More than 45% of the county is National and State Parks where waterfalls, fly fishing, and hiking trails abound! Average July highs are 77 degrees with lows of 57 degrees. Winter temperature have an average high of 50 degrees and lows of 27 degrees. Come enjoy the beauty and temperate climate that this 3000+ foot elevation has to offer!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Washer/Dryer Connection, Ceiling Fans, Window Treatments, Breakfast Bar, Jetted Tub, Security System, Vaulted Ceilings
    • Flooring: Tile, Carpet, Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,987 sqft

    Property

    Parking
    • Parking features: Carport
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.52 Acres
    Details
    • Parcel number: 8512974905000

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Foundation: Concrete
    • Roof: Shake / Shingle
    Condition
    • Year built: 1998

    Community & HOA

    Community
    • Features: Fitness Center
    Location
    • Region: Lake Toxaway

    Financial & listing details

    • Price per square foot: $473/sqft
    • Tax assessed value: $890,000
    • Annual tax amount: $444,948

    Price history

    DateEventPrice
    12/1/2025Sold$940,000+106.6%$473/sqft
    Source: Public Record Report a problem
    9/16/2019Sold$455,000-3%$229/sqft
    Source: Canopy MLS as distributed by MLS GRID #3503525 Report a problem
    7/30/2019Pending sale$469,000$236/sqft
    Source: LANDMARK REALTY GROUP, LLC BURLINGAME #90806 Report a problem
    7/1/2019Price change$469,000-5.3%$236/sqft
    Source: LANDMARK REALTY GROUP, LLC BURLINGAME #90806 Report a problem
    5/2/2019Listed for sale$495,000+1%$249/sqft
    Source: LANDMARK REALTY GROUP, LLC BURLINGAME #90806 Report a problem
    5/19/2012Sold$490,000$247/sqft
    Source: Canopy MLS as distributed by MLS GRID #NCM507105 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$444,948 +14123.1%$890,000 +103.5%
    2024$3,128 -0.4%$437,310
    2023$3,141 -0.4%$437,310
    2022$3,155 +7.7%$437,310
    2021$2,929 -6.6%$437,310 -3%
    2020$3,136 -2.8%$450,630
    2019$3,226 +26.6%$450,630
    2018$2,548 $450,630
    2017-- $450,630
    2016-- $450,630 -22.7%
    2015$2,469 $582,910
    Find assessor info on the county website

    Neighborhood: 28747

    Nearby schools

    GreatSchools rating
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    Sell for more on Zillow
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    $952,400
    2% more
    +$19,048
    With Zillow Showcase(estimated)
    $971,448