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Lake Toxaway

Why you'd want to live in Lake Toxaway

Lake Toxaway covers 640 acres and sits at an elevation of 2,979 feet; it is surrounded by the lush forests and mountains of western North Carolina. The average summer temperature of the area is 75 degrees, making it a fantastic summer playground for those looking to escape the summer heat of cities in lower elevations.  Created in 1903 when the Toxaway river was dammed making Lake Toxaway; the first man-made lake in the Appalachian Mountains. The original dam had not been built with water level controls, and In 1916 after a deluge of rain caused the lake to flood the dam burst. In 1960 a group of investors rebuilt the dam and restored the lake to the grandeur it is today.  With 14 miles of shoreline, it is the largest private lake in North Carolina and has developed into a 5,000-acre private resort community of exceptional quality. The amenities of this distinctive community include an eighteen-hole golf course, swimming pool, tennis courts, fishing, boating, and miles of hiking trails. To preserve the pristine solitude of the lake, only residents are allowed to use it. Many of Lake Toxaway’s homesites offer panoramic views of the lake, golf course, or mountains.

Lake Toxaway Market Report

$685,136

AVERAGE PRICE OF 154 HOMES

$2,850,000

AVERAGE PRICE OF 1 NEWLY BUILT HOMES

$2,054,586

AVERAGE PRICE OF 29 MULTI-MILLION DOLLAR HOMES

$275,000

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $685,136
Avg Bedrooms 3.17 beds
Avg Bathrooms 3.36 baths

Average Price by Bedrooms

1 bedroom $280,633
2 bedrooms $324,442
3 bedrooms $1,103,130
4 bedrooms $1,573,000
5 bedrooms $2,183,333
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 154 $685,136 325 days
Newly Built Homes 1 $2,850,000 83 days
Homes with a Pool n/a n/a n/a
Multi-Million Dollar Homes 29 $2,054,586 314 days
Reduced Price Homes 1 $275,000 289 days
Distressed Homes n/a n/a n/a