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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

$1,342,255

AVERAGE PRICE OF 133 HOMES

$1,825,800

AVERAGE PRICE OF 5 NEWLY BUILT HOMES

$2,232,425

AVERAGE PRICE OF 8 HOMES WITH A POOL

$3,316,793

AVERAGE PRICE OF 46 MULTI-MILLION DOLLAR HOMES

Average Home

Average Price $1,342,255
Avg Bedrooms 3 beds
Avg Bathrooms 3.5 baths

Average Price by Bedrooms

1 bedroom $473,000
2 bedrooms $636,405
3 bedrooms $1,820,633
4 bedrooms $4,627,066
5 bedrooms $3,430,833
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Unspecified 43 $979,678 153 days
Rosman High 36 $1,283,466 98 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 133 $1,342,255 158 days
Newly Built Homes 5 $1,825,800 202 days
Homes with a Pool 8 $2,232,425 103 days
Multi-Million Dollar Homes 46 $3,316,793 162 days
Reduced Price Homes n/a n/a n/a
Distressed Homes n/a n/a n/a

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Mountain Life Real Estate, LLC
Doug Treadwell
134 Maple Street
Highlands, NC 28741
828-482-2800

Based on information submitted to the MLS GRID as of April 21, 2026 8 PM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.
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The data relating to real estate for sale on this web site comes in part from the Carolina Smokies Association of REALTORS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. ©2025 Carolina Smokies Association of REALTORS®. All rights reserved.
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