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1923 Cold Mountain Rd, Lake Toxaway, NC, 28747

$5,200,000

1.27 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
WaterfrontLake Front
ViewLake, Mountain(s)
MLS #106304
Lot Size1.27 Acres
StatusActive

About 1923 Cold Mountain Rd

One of the few locations available on the private shores of Lake Toxaway, this unique property was once home to two families with two homes, two septics, a well, drive, boathouse and dock. Demolition of the old homes now provides a beautiful 1.2 acre lot with 273' of shoreline with a gentle terrain and a full view of lake and mountains. With approval of the LTCA and appropriate fees, this parcel could potentially be divided into two buildable lots.

Property Details

Property Features

Listing Office:

  • Office Name: HAZEL R. FISHER and ASSOCIATES
  • Office Phone: (828) 966-9012
  • Listing Agent: Hazel Fisher

Exterior Features

Exterior Information:

  • Waterfront: Lake Front
  • View: Lake, Mountain(s)

Lot Features

Lot Information:

  • Lot: Rolling/Hilly, Waterfront
  • Lot Size: 1.27 Acres

Other

Directions Information:

  • Directions: US 64 to Blue Ridge Road; Left onto Cold Mountain Road; property 1.9 miles on left (just before 1957)

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,200,000

Tax Information:

  • Annual Amount: $12,494
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Toxaway, NC.

Med. Sold Price

$802.5K

Med. Price/SqFt

$369

Avg. Days On Market

418

# of Sold Homes

2

1923 Cold Mountain Rd vs Lake Toxaway

3 DAYS ON ROCKET

-415 Days

$5,200,000

+$4.3M More

KEY TAKEAWAY

This property is $4.3M more than the Median Sold Price in Lake Toxaway, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HighlandsCashiers
  • MLS Number: #106304

Listing Office:

  • Office Name: HAZEL R. FISHER and ASSOCIATES
  • Office Phone: (828) 966-9012
  • Listing Agent: Hazel Fisher

Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 7:16:11 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 14, 2015Home Sold
$1,795,000

Tax History

YEARPROP. TAXASSESSMENT
2020$12,494$1,795,150
2019$12,404$1,795,150
2018$10,033$1,795,150
2017$9,997$1,795,150

History based on county public records data.

Payment Calculator

$26K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.6K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-765483
4
/10
  • T C Henderson

  • 11839 Rosman Hwy

  • 3.82 miles

  • Public Magnet Grades PK-5

school-card-donut-765484
6
/10
  • Rosman Elementary School

  • 167 Rosman School Rd

  • 7.04 miles

  • Public District Grades PK-5

school-card-donut-765485
6
/10
  • Blue Ridge School

  • 95 Bobcat Dr

  • 9.57 miles

  • Public District Grades PK-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,250. Residents of Lake Toxaway, NC typically earn between $35k-100k each year. Residents typically live in married, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1923 Cold Mountain Rd

What is the listing price of this property?

The listing price of 1923 Cold Mountain Rd property is $5,200,000.

What type of property is this?

The property 1923 Cold Mountain Rd is land located in Lake Toxaway, North Carolina, 28747.

Is this property for sale now?

Active Listing: 1923 Cold Mountain Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,494 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 14, 2015 for $1,795,000. (source: MLS/tax record).

How much acreage is this property?

The property 1923 Cold Mountain Rd is 1.27 acres.
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Rocket Homes›North Carolina›Transylvania County›Lake Toxaway›28747›1923 Cold Mountain Rd

This home is located at 1923 Cold Mountain Rd in Lake Toxaway, NC and zip code 28747. This home sits on a 1.27 acre lot. It has been listed on Rocket Homes since December 19, 2024 and is currently priced at $5,200,000.

While more than 0 listings in Lake Toxaway, NC in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 2 were sold below. Between October 2024 and November 2024, Lake Toxaway, NC real estate market has seen decrease in the number of listings by 7.3%. Listings spent 418 days on the market in November 2024, and had a median list price of $802,500 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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