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 50 single family homes for sale with an average list price of $2,338,986, 12 condos for sale with an average list price of $867,219.17, and 62 lots for sale with an average list price of $617,140.81.

Current Homes for Sale

Schools

School District Level Grades
Rosman Elementary Transylvania County Schools Elementary PK, KG-5
Rosman Middle Transylvania County Schools Middle 6-8
Rosman High Transylvania County High 9-12

Schools

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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 $4,152,000, 5 condos for sale with an average list price of $1,435,566, and 37 lots for sale with an average list price of $686,491.89. The homes range in size from 983 ft2 to 11,273 ft2. The HOA fees range from $2,282 to $11,000 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 2 single family homes for sale with an average list price of $612,500. The homes range in size from 1,451 ft2 to 2,171 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 Golf Course Lots For Sale in Lake Toxaway: August 26th to September 1st

New Golf Course Lots For Sale in Lake Toxaway: August 26th to September 1st - September 2, 2025

Lake Toxaway had only 1 new home backing up to golf courses for sale during the week of Tuesday, August 26 to Monday, September 1, and it was a single ... continue reading
Homes Just Sold in Lake Toxaway: August 26th to September 1st

Homes Just Sold in Lake Toxaway: August 26th to September 1st - September 2, 2025

Lake Toxaway had 4 sales during the week of Tuesday, August 26 to Monday, September 1, including including 3 single family homes for sale with an average list price of ... continue reading
New Homes For Sale This Week in Lake Toxaway: August 22nd to August 28th

New Homes For Sale This Week in Lake Toxaway: August 22nd to August 28th - August 29, 2025

Lake Toxaway had only 1 new home for sale during the week of Friday, August 22 to Thursday, August 28, including and it was a single family home for sale ... continue reading
Homes Just Sold in Lake Toxaway: August 19th to August 25th

Homes Just Sold in Lake Toxaway: August 19th to August 25th - August 26, 2025

Lake Toxaway had only 1 sale during the week of Tuesday, August 19 to Monday, August 25, including and it was a single family home for sale with a list ... continue reading
New Homes For Sale This Week in Lake Toxaway: August 15th to August 21st

New Homes For Sale This Week in Lake Toxaway: August 15th to August 21st - August 22, 2025

Lake Toxaway had 2 new homes for sale during the week of Friday, August 15 to Thursday, August 21, including including 2 single family homes for sale with an average ... continue reading
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