Acreage at 251 Paul McCoy Road, Lake Toxaway
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14 photos

$750,000

251 Paul McCoy Road
Lake Toxaway, NC 28747
Listed by Sophia Reid · Petit Properties Inc
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

RARE FIND! HWY 64 ROAD FRONTAGE & 21.12 ACRES in the highly desirable Lake Toxaway area, offering a unique opportunity for residential, investment, or commercial use. With excellent visibility and direct frontage along Highway 64, this property presents an exceptional opportunity for a variety of potential development concepts. The acreage features breathtaking long-range mountain views, established gravel roads, underground power already installed, and multiple areas of usable terrain that offer flexibility for future building sites. The property offers a rare combination of accessibility, infrastructure, scenic beauty, and substantial acreage. Whether envisioned as a private mountain estate, family compound, investment property, retreat, or commercial venture, the possibilities are extensive. With Highway 64 frontage, existing infrastructure, and beautiful Western North Carolina surroundings, this property is truly a rare opportunity in the Lake Toxaway area. Schedule your private tour today and come venture this remarkable property to see the possibilities for yourself.

Property details

MLS
Canopy MLS
MLS #
CAR4370762
Property type
Acreage
Subdivision
N/A
Status
Active
Days on market
174
On market date
April 17, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
T C Henderson
0.86 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
114
Student:teacher ratio
10.4:1
District
Transylvania County Schools
Middle
Rosman Middle
3.07 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
209
Student:teacher ratio
10.5:1
District
Transylvania County Schools
High
Rosman High
3.07 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
275
Student:teacher ratio
9.8:1
District
Transylvania County Schools

Walkability

Blended score for Lake Toxaway's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

21
Car-dependent
out of 100
EPA National Walkability Index
6.3 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Lake Toxaway, from live MLS data.

On the market 174 days -- 14 fewer days than Lake Toxaway's current average of 188 days.
For reference, the median list price across 116 active listings in Lake Toxaway right now is $467,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$4,667/mo
$150,000 down
$600,000 loan
Principal & interest$3,892
Property tax (est.)$625
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 18 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.