Lake Toxaway · Lake Toxaway, NC
251 Toxaway Court
Lake Toxaway, NC · 5,005 sqft
$2,875,000
- 3Beds
- 5Baths
- 5,005SqFt
- 1991Year
- 1Days on market
About this home
Positioned along the first ridge of Toxaway Mountain within the prestigious Lake Toxaway Estates, this extraordinary 5,000 sq ft mountain retreat blends timeless character with thoughtfully curated modern luxury. Once featured in Southern Accents as “a broad, low ramble of porches,” the fully renovated residence captures sweeping Blue Ridge Mountain views while offering exceptional privacy just minutes from Lake Toxaway Country Club and less than an hour from vibrant Asheville. Designed for both relaxed mountain living and effortless entertaining, the home features 3 bedrooms, 6 bathrooms, and a beautifully reimagined open floor plan where rustic elegance meets refined comfort. A chef’s kitchen, spa-inspired baths, expansive gathering spaces, and thoughtfully designed interiors create a warm yet elevated atmosphere throughout. Multiple porches and patios embrace the surrounding mountain scenery, while a hidden children’s bunk room and flexible recreation space add charm and versatility for hosting family and guests alike. Extensive improvements include a newly constructed 2-car garage with workshop, whole-house generator, UV water filtration system, EV wiring, and integrated smart home technology. Residents enjoy access to the exceptional lifestyle of Lake Toxaway, including scenic hiking trails, North Carolina’s largest private lake, and optional membership opportunities at Lake Toxaway Country Club based on application and availability. A rare offering designed to be enjoyed for generations to come.
Property details
- Beds
- 3
- Baths
- 5
- SqFt
- 5,005
- Lot
- —
- Year built
- 1991
- Type
- Single Family
- Days on market
- 1
- Garage
- 2
- Style
- Traditional
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Foundation
- Basement, Crawl Space
- Flooring
- Tile, Wood
- View
- Mountain(s)
- HOA dues
- $4,085 / yr
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance, HOA
$21,500/ month
- Principal & interest
- $17,805
- Property tax (~1.05%)
- $2,515
- Homeowners insurance
- $838
- HOA dues
- $340
Down payment
$143,750 down · $2,731,250 financed
Income to qualify (28% rule)
~$921,441 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.