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Cleared Walking Trail To View Stand
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Two Spring Heads
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Meadow Ridge 42 on Corner of Panthertown Dr and Spencer Lane
17 photos

$499,000

Lake Toxaway, NC 28747
Listed by Hazel Fisher · Hazel R. Fisher & Associates
Bedrooms
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Bathrooms
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Living area
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Year built
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About this home

Neighboring the breathtaking Panthertown Valley—often called the "Yosemite of the East"—this exceptional 4.36-acre homesite offers a rare opportunity to build your dream mountain retreat in the prestigious Lake Toxaway Estates. Perched at approximately 4,300 feet in elevation, the property enjoys captivating views overlooking Lake Toxaway and the surrounding mountain community. With frontage on private Panthertown Drive and Spencer Lane, the lot provides both convenient access and outstanding privacy. Its gently rolling terrain winds gracefully between two natural spring heads, leading to an ideal building site for a custom home that blends seamlessly with its peaceful surroundings. Lake Toxaway Estates is a cherished mountain community where generations of families have created lasting traditions. Centered around the region's largest private lake and surrounded by majestic peaks, residents enjoy spectacular scenery, abundant outdoor recreation, and an active social calendar. Whether you're seeking a vibrant seasonal community or a quiet mountain sanctuary, this remarkable property offers the best of both worlds.

Property details

MLS #
CAR4400649
Property type
Lot
Subdivision
Lake Toxaway Estates
Status
Active
Days on market
N/A
On market date
July 5, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
T C Henderson
5.4 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
9.04 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
Blue Ridge Early College
8.07 mi away · Grades 7-13
Nearest school -- attendance-zone data not available here
2.9
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
130
Student:teacher ratio
10.8:1
District
Jackson County Public Schools

Mortgage calculator

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Est. monthly payment
$3,155/mo
$99,800 down
$399,200 loan
Principal & interest$2,589
Property tax (est.)$416
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated July 5, 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.