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 36 single family homes for sale with an average list price of $2,446,494.44, 10 condos for sale with an average list price of $667,340, and 54 lots for sale with an average list price of $652,881.06.

Current Homes for Sale

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 1964 and 2025. It currently has 20 single family homes for sale with an average list price of $3,912,395, 4 condos for sale with an average list price of $1,163,125, and 34 lots for sale with an average list price of $701,494.12. The homes range in size from 983 ft2 to 11,273 ft2. The HOA fees range from $63 to $5,282 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 2025. It currently has 1 single family home for sale with a list price of $485,000. 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
Median Price: $450,000

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: April 10th to April 16th

New Homes For Sale This Week in Lake Toxaway: April 10th to April 16th - April 17, 2026

Lake Toxaway had only 1 new home for sale during the week of Friday, April 10 to Thursday, April 16, including and it was a lot for sale with a ... continue reading
New Homes For Sale This Week in Lake Toxaway: April 3rd to April 9th

New Homes For Sale This Week in Lake Toxaway: April 3rd to April 9th - April 10, 2026

Lake Toxaway had 5 new homes for sale during the week of Friday, April 3 to Thursday, April 9, including including 4 single family homes for sale with an average ... continue reading
New Golf Course Lots For Sale in Lake Toxaway: March 31st to April 6th

New Golf Course Lots For Sale in Lake Toxaway: March 31st to April 6th - April 7, 2026

Lake Toxaway had only 1 new home backing up to golf courses for sale during the week of Tuesday, March 31 to Monday, April 6, and it was a single ... continue reading
New Homes For Sale This Week in Lake Toxaway: March 27th to April 2nd

New Homes For Sale This Week in Lake Toxaway: March 27th to April 2nd - April 3, 2026

Lake Toxaway had 8 new homes for sale during the week of Friday, March 27 to Thursday, April 2, including including 5 single family homes for sale with an average ... continue reading
Homes Just Sold in Lake Toxaway: March 24th to March 30th

Homes Just Sold in Lake Toxaway: March 24th to March 30th - March 31, 2026

Lake Toxaway had 2 sales during the week of Tuesday, March 24 to Monday, March 30, including including 1 single family home for sale with a list price of $875,000 ... continue reading
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