INNOVATE Real Estate
Lot at TM I 33 Toxaway Drive, Lake Toxaway
Lot at TM I 33 Toxaway Drive, Lake Toxaway, photo 2 of 12
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Lot at TM I 33 Toxaway Drive, Lake Toxaway, photo 4 of 12
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12 photos

$185,000

TM I 33 Toxaway Drive
Lake Toxaway, NC 28747
Listed by Chip Freeman · Lake Toxaway Co.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

This lot is beautifully positioned on the first tier of Toxaway Mountain, just three minutes from the Lake Toxaway Country Club and Lake Toxaway marina. This exceptional homesite offers stunning year-round views of Panther Tail and Cold Mountain, with a desirable northern exposure that keeps summer afternoons cool and comfortable — the perfect setting to relax on your deck and enjoy sunset cocktails. The building site is remarkably flat and surrounded by beautiful hardwoods, providing both ease of construction and natural beauty. Offered at $185,000, this is a great value in Lake Toxaway Estates.

Property details

MLS
Canopy MLS
MLS #
CAR4385511
Property type
Lot
Subdivision
Lake Toxaway Estates
Status
Active
Days on market
1
On market date
May 22, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A

Location

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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
4.1 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
7.89 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
7.89 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).

25
Car-dependent
out of 100
EPA National Walkability Index
6.8 / 20 -- Below average walkable
Google Places amenity density
10 / 100
Restaurants & cafes2
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 1 days -- 187 fewer days than Lake Toxaway's current average of 188 days.
For reference, the median list price across 118 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
$1,264/mo
$37,000 down
$148,000 loan
Principal & interest$960
Property tax (est.)$154
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 23, 2026.

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.