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John KurtzCharlotte · NC

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Lake Toxaway · Lake Toxaway, NC

516 Cherokee Trace

Lake Toxaway, NC · 3,135 sqft

$1,395,000

  • 4Beds
  • 4Baths
  • 3,135SqFt
  • 1991Year
  • 1Days on market

About this home

Set in the heart of Lake Toxaway’s premier golf community, 516 Cherokee Trace offers an exceptional blend of comfort, convenience, with a view of Lakeside Mountain. This beautifully appointed home captures expansive vistas of the golf course, including a stunning perspective of Hole #16 and its pristine green—an ever-changing backdrop that can be enjoyed from multiple vantage points throughout the property. This 3,135 square foot residence features 4 bedrooms and 4 bathrooms, thoughtfully designed to provide both privacy and inviting gathering spaces. The interior is being offered furnished with select exceptions, allowing for an easy transition into mountain living. Ideally located just moments from the club, this home combines accessibility with a sense of retreat. A two-car garage, along with an additional two-car carport, ensures ample parking and a covered, welcoming entrance for residents and guests alike. Whether you're seeking a full-time residence or a mountain getaway, this property delivers scenic beauty, functional design, and a coveted location within one of Lake Toxaway’s most desirable settings. Membership to Lake Toxaway Country Club is based on application and availability.

Property details

Beds
4
Baths
4
SqFt
3,135
Lot
Year built
1991
Type
Single Family
Days on market
1
Garage
2
Heating
Heat Pump
Cooling
Central Air
Foundation
Crawl Space
Flooring
Slate, Vinyl, Wood
View
Golf Course
HOA dues
$4,085 / yr

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$10,607/ month

Principal & interest
$8,639
Property tax (~1.05%)
$1,220
Homeowners insurance
$406
HOA dues
$340

Down payment

$69,750 down · $1,325,250 financed

Income to qualify (28% rule)

~$454,610 / 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.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.