Perched atop over 12 secluded acres, this majestic log cabin estate is a rare and timeless offering — a legacy property where generations have gathered to celebrate life, love, and the breathtaking beauty of the Blue Ridge Mountains and Lake Toxaway. Every room, beam, and view tells a story. Thoughtfully crafted with intention and care, the home features five spacious ensuite bedrooms, each oriented to capture stunning vistas. The main-level primary suite is a serene retreat, complete with an impressive stone fireplace and direct access to outdoor tranquility. The main and lower-level living areas feature impressive wood-burning stone fireplaces and are framed by walls of windows that flood the interior with natural light, showcasing the expansive views. A spacious upstairs loft offers a quiet sitting area, while the lower level includes a flex room and workshop for hobbies or additional living space. At the heart of the home is a chef’s dream kitchen featuring a Sub-Zero refrigerator, a Viking gas range, a Bosch dishwasher, and a large prep island. The kitchen seamlessly connects to the adjacent dining area, powder room, and laundry room. Ideal for entertaining guests or hosting intimate family gatherings, this home was designed for making memories. Outside, a private driveway leads through a laurel gate and over a picturesque bridge to a cascading waterfall. Multiple oversized decks, a screened-in sunroom, and a generous carport leading to a covered front porch offer abundant outdoor living space to enjoy the crisp mountain air and gaze at the mountains and moonrises. This remarkable estate, now being offered for the first time, is impeccably maintained, partially furnished, and offers enduring hardwood and large stone flooring, oversized bathrooms, and quality craftsmanship throughout. Located within the sought-after Lake Toxaway Estates community and just under an hour from Asheville Regional Airport, this home is ideally situated to enjoy the nearby mountain communities of Brevard, Sapphire, Cashiers, and Highlands. More than a home, this is a rare opportunity to create a legacy in one of Western North Carolina’s most treasured settings.
For sale
Price cut: $147.5K (6/30)
$3,250,000
865 Toxaway Drive, Lake Toxaway, NC 28747
5beds
--sqft
Single Family Residence
Built in 2000
12.24 Acres Lot
$-- Zestimate®
$--/sqft
$340/mo HOA
What's special
Multiple oversized decksFive spacious ensuite bedroomsLarge prep islandScreened-in sunroomViking gas rangeShowcasing the expansive viewsBosch dishwasher
- 151 days
- 355
- 29
Zillow last checked:
Listing updated:
Listed by:
Bambi Famous Kaine,
Silver Creek Real Estate Group, Inc.
Source: HCMLS,MLS#: 1002493Originating MLS: Highlands Cashiers Board of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Bedroom 1
- Level: Main
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Lower
Bedroom 5
- Level: Lower
Bedroom 5
- Level: Lower
Primary bathroom
- Level: Main
Bathroom 1
- Level: Main
Bathroom 2
- Level: Upper
Bathroom 3
- Level: Upper
Bathroom 4
- Level: Lower
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Heating
- Central, Electric, Zoned
Cooling
- Central Air, Ceiling Fan(s), Electric, Zoned
Appliances
- Included: Built-In Gas Range, Built-In Oven, Dryer, Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Range Hood, Washer
- Laundry: Common Area, Washer Hookup, Dryer Hookup, Main Level, Laundry Room
Features
- Wet Bar, Ceiling Fan(s), Double Vanity, Kitchen Island, Open Floorplan, Stone Counters, Recessed Lighting, Vaulted Ceiling(s), Walk-In Closet(s)
- Flooring: Hardwood, Stone
- Basement: Crawl Space,Interior Entry,Concrete
- Number of fireplaces: 3
- Fireplace features: Bedroom, Family Room, Living Room, Primary Bedroom, Raised Hearth, Stone, Wood Burning
Property
Parking
- Total spaces: 4
- Parking features: Attached Carport, Circular Driveway, Covered, Carport, Drive Through, Driveway, Gravel, Oversized
- Carport spaces: 4
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Rear Porch, Deck, Enclosed, Front Porch, Wrap Around
- Exterior features: Garden, Private Entrance
- Pool features: Community
- Has view: Yes
- View description: Lake, Long Range, Mountain(s), Panoramic, Creek/Stream, Trees/Woods
- Has water view: Yes
- Water view: Lake,Creek/Stream
- Waterfront features: River Access
Lot
- Size: 12.24 Acres
- Features: Sloped Down, Front Yard, Garden, Gentle Sloping, Landscaped, Native Plants, Many Trees, Secluded, Views, Wooded, Level, Waterfall
- Topography: Level,Sloping
Details
- Additional structures: Carport(s)
- Parcel number: 8512377332000
- Zoning description: Residential
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin,Log Home,Traditional
- Property subtype: Single Family Residence
Materials
- Log, Concrete
- Roof: Shingle
Condition
- New construction: No
- Year built: 2000
Utilities & green energy
- Sewer: Sewer Applied for Permit, Septic Tank
- Water: Well
- Utilities for property: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Lake, Playground, Park, Pool, Restaurant, Tennis Court(s), Trails/Paths
- Subdivision: Lake Toxaway Estates
HOA
- Has HOA: Yes
- Amenities included: Playground, Trail(s)
- HOA fee: $4,085 annually
- HOA name: Lake Toxaway Community Association
Location
- Region: Lake Toxaway
Financial & listing details
- Tax assessed value: $1,909,370
- Annual tax amount: $9,174
- Date on market: 4/3/2026
- Cumulative days on market: 152 days
Estimated market value
Not available
Estimated sales range
Not available
$5,215/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2026 | Price change | $3,250,000-4.3% |
Source: HCMLS #1002493 Report a problem | ||
| 4/3/2026 | Listed for sale | $3,397,500 |
Source: HCMLS #1002493 Report a problem | ||
| 1/1/2026 | Listing removed | $3,397,500 |
Source: HCMLS #1002240 Report a problem | ||
| 11/22/2025 | Listed for sale | $3,397,500 |
Source: HCMLS #1002240 Report a problem | ||
| 11/20/2025 | Listing removed | $3,397,500 |
Source: HCMLS #1000906 Report a problem | ||
| 10/5/2025 | Price change | $3,397,500-2.9% |
Source: HCMLS #1000906 Report a problem | ||
| 5/27/2025 | Listed for sale | $3,500,000+1667.7% |
Source: HCMLS #1000906 Report a problem | ||
| 6/1/1994 | Sold | $198,000 |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $917,452 +11901.9% | $1,909,370 +64.4% |
| 2024 | $7,644 | $1,161,210 |
| 2023 | $7,644 | $1,161,210 |
| 2022 | $7,644 +0.8% | $1,161,210 |
| 2021 | $7,586 -9.2% | $1,161,210 -3.3% |
| 2020 | $8,359 +0.7% | $1,200,940 |
| 2019 | $8,299 +22.2% | $1,200,940 |
| 2018 | $6,790 | $1,200,940 |
| 2017 | -- | $1,200,940 |
| 2016 | -- | $1,200,940 -16.4% |
| 2015 | $6,085 | $1,436,590 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 28747
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