Lake Toxaway, NC, Real Estate

Lake Toxaway, North Carolina, is a picturesque community in Transylvania County, nestled in the heart of the Blue Ridge Mountains, known for its stunning natural beauty and serene atmosphere. Centered around the state’s largest private lake, Lake Toxaway is a haven for outdoor enthusiasts, offering opportunities for boating, fishing, hiking, and golfing, with the nearby Gorges State Park and Pisgah National Forest providing breathtaking trails and waterfalls. The area, with a population of around 2,000, blends rustic charm with upscale amenities, including luxury resorts like the Greystone Inn and a vibrant community of vacation homes. Originally developed as a resort destination in the early 20th century, Lake Toxaway retains its historic allure while attracting visitors and seasonal residents with its mild climate, scenic vistas, and proximity to cultural hubs like Brevard and Asheville.

Lake Toxaway currently has 49 single family homes for sale with an average list price of $2,329,076.53, 11 condos for sale with an average list price of $859,427.27, and 62 lots for sale with an average list price of $666,361.77.

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Absorption Report

Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lake Toxaway, i.e. what's hot and what's not.

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Recent Sales

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Subdivisions

Subdivisions Median Price
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Lake Toxaway Estates

Lake Toxaway Estates is a single-family home and condo community in Lake Toxaway, North Carolina, built between 1955 and 2025. It currently has 24 single family homes for sale with an average list price of $4,060,708.33, 5 condos for sale with an average list price of $1,491,000, and 35 lots for sale with an average list price of $723,240. The homes range in size from 983 ft2 to 11,273 ft2. The HOA fees range from $79 to $917 per month. It is located in Transylvania County. ... Read more
Median Price: $2,100,000
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Whisper Hills

Whisper Hills is a single-family home community in Lake Toxaway, North Carolina, built between 2022 and 2023. It currently has 1 single family home for sale with a list price of $525,000. The homes range in size from 1,451 ft2 to 1,700 ft2. The HOA fees range from $100 to $100 per month. It is located in Transylvania County. ... Read more

Subdivisions

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Market Trends

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Nearby Golf Courses

Lake Toxaway Country Club

4366 West Club Blvd, Lake Toxaway, NC 28747
Par 71 • 71 holes • 6600 yards

Nearby Golf Courses

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Real Estate News

New Homes For Sale This Week in Lake Toxaway: October 10th to October 16th

New Homes For Sale This Week in Lake Toxaway: October 10th to October 16th - October 17, 2025

Lake Toxaway had 2 new homes for sale during the week of Friday, October 10 to Thursday, October 16, including including 2 single family homes for sale with an average ... continue reading
New Homes For Sale This Week in Lake Toxaway: October 3rd to October 9th

New Homes For Sale This Week in Lake Toxaway: October 3rd to October 9th - October 10, 2025

Lake Toxaway had 2 new homes for sale during the week of Friday, October 3 to Thursday, October 9, including including 1 single family home for sale with a list ... continue reading
New Construction Homes For Sale This Week in Lake Toxaway: October 1st to October 7th

New Construction Homes For Sale This Week in Lake Toxaway: October 1st to October 7th - October 8, 2025

Lake Toxaway had only 1 new construction home during the week of Wednesday, October 1 to Tuesday, October 7, and it was a single family home for sale with a ... continue reading
Homes Just Sold in Lake Toxaway: September 30th to October 6th

Homes Just Sold in Lake Toxaway: September 30th to October 6th - October 7, 2025

Lake Toxaway had 3 sales during the week of Tuesday, September 30 to Monday, October 6, including including 2 single family homes for sale with an average list price of ... continue reading
New Homes For Sale This Week in Lake Toxaway: September 19th to September 25th

New Homes For Sale This Week in Lake Toxaway: September 19th to September 25th - September 26, 2025

Lake Toxaway had 5 new homes for sale during the week of Friday, September 19 to Thursday, September 25, including including 3 single family homes for sale with an average ... continue reading
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