Active

$1,500,000

Cardinal Drive B #1a & 1, Lake Toxaway, NC 28747

--beds

--baths

48.91Acres

Unimproved Land

Built in ----

48.91 Acres Lot

$-- Zestimate^®

$--/sqft

$422/mo HOA

What's special

Multiple building sites

Spectacular, 48.91 +/- parcel in Lake Toxaway Estates adjoining the Toxaway River greenway with elevated view over Lake Cardinal and Lake Toxaway. This magnificent property features paved frontage with power to the property, multiple building sites, and is just minutes from the Lake Toxaway Country Club, marina, and Greystone Inn. This rare opportunity allows four residential building sites with the protection of surrounding conservation land that ensures a pristine setting for generations to come.

317 days

90

3

Facts & features

Property

Features

Pool features: Community
Has view: Yes
View description: Mountain(s), Water, Year Round
Has water view: Yes
Water view: Water
Waterfront features: Boat Ramp – Community, River Front
Body of water: Lake Toxaway

Lot

Size: 48.91 Acres
Features: Wooded, Views, Other - See Remarks

Details

Additional structures: None
Additional parcels included: 8513-45-5110-000
Parcel number: 8513454619000
Zoning: None
Special conditions: Standard
Horse amenities: None

Utilities & green energy

Sewer: Septic Needed
Water: Well Needed
Utilities for property: Cable Available

Community & HOA

Community

Features: Clubhouse, Fitness Center, Game Court, Golf, Lake Access, Picnic Area, Playground, Putting Green, Sport Court, Tennis Court(s), Walking Trails
Subdivision: Lake Toxaway Estates

HOA

Has HOA: Yes
HOA fee: $5,058 annually
HOA name: IPM Corporation
HOA phone: 828-966-9453

Location

Region: Lake Toxaway
Elevation: 3000 Feet

Financial & listing details

Tax assessed value: $896,340
Date on market: 9/14/2025
Cumulative days on market: 317 days
Listing terms: Cash,Conventional
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/14/2025	Listed for sale	$1,500,000
Source: Canopy MLS as distributed by MLS GRID #4302157 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Estimated monthly payment$1,822

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 28747

Getting around

0 / 100

Car-Dependent

Nearby schools

GreatSchools rating

4/10
T C Henderson Elementary
Grades: PK-5Distance: 4.7 mi
8/10
Rosman Middle
Grades: 6-8Distance: 8.2 mi
7/10
Rosman High
Grades: 9-12Distance: 8.2 mi

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.