987 Cold Mountain Rd, Lake Toxaway, NC, 28747

$2,500,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
2,446 SqFt
$1,022/SqFt
House

Location

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987 Cold Mountain Rd, Lake Toxaway$2,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport
Year Built1973
HeatingHeat Pump
CoolingHeat Pump
BasementYes
WaterfrontBoat House, Boat Lift, Boat Ramp, Seawall, Dock
FireplaceGreat Room
ViewMountain(s), Water
MLS #4070374
StatusActive

About 987 Cold Mountain Rd

Welcome to Knox’s Landing…designed for easy living and family fun. Open living, dining & kitchen area keeps everyone involved while inside. A level lot with easy access to dock, boathouse and lakeside patio with fire pit helps to entertain “lake style”. A stunning sun room combined with a large screened gathering porch (complete with wet bar, grill and additional dining) beckons the whole gang to enjoy the fun. Master suite and office/media room (with full bath) completes the main level. Two bedrooms with adjoining bath takes in the upper level. Easy access off Cold Mountain Road to club facilities (if you choose the social life) or to US 64. Beautiful property with open water and full lake and mountain views.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1973
  • Living Area: 2,446 SqFt

Listing Office:

  • Office Name: Hazel R. Fisher & Associates

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer
  • Basement: Yes
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Breakfast Bar, Cathedral Ceiling(s), Open Floorplan, Pantry, Wet Bar
  • Fireplace: Great Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Boat House, Boat Lift, Boat Ramp, Seawall, Dock
  • View: Mountain(s), Water
  • Exterior: Fire Pit

Parking Information:

  • Parking: Attached Carport

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Heat Pump

Other

Directions Information:

  • Directions: US 64 to Blue Ridge Road; left onto Cold Mountain Road; 0.9 mile; property on left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,500,000
  • Price Per SqFt: $1,022/SqFt

HOA Fees:

  • Amount: $952
  • Frequency: Annually

Tax Information:

  • Annual Amount: $8,462
  • Tax Year: 2020
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Housing Market Comparison

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

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Lake Toxaway, NC

City

Med. Sold Price

$802.5K

Med. Price/SqFt

$369

Avg. Days On Market

418

# of Sold Homes

2

987 Cold Mountain Rd vs Lake Toxaway

455 DAYS ON ROCKET

+37 Days

$2,500,000

+$1.6M More

$1,022/SqFt

+$652 More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price and $652/SqFt more than other homes in Lake Toxaway, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4070374

Listing Office:

  • Office Name: Hazel R. Fisher & Associates

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Copyright © 2024 MLS GRID.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 10:51:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$8,462$1,215,840
2019$8,401$1,215,840
2018$6,888$1,215,840
2017$6,860$1,215,840

History based on county public records data.

Payment Calculator

$12.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,562

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-4355143
4
/10

  • T C Henderson

  • 11839 Rosman Hwy

  • 3.29 miles

  • Public Magnet Grades PK-5

school-card-donut-4355144
6
/10

  • Rosman Elementary School

  • 167 Rosman School Rd

  • 6.57 miles

  • Public District Grades PK-5

school-card-donut-4355145
6
/10

  • Blue Ridge School

  • 95 Bobcat Dr

  • 10.01 miles

  • Public District Grades PK-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,250. Most Lake Toxaway, NC residents have annual incomes between $35k-100k. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 987 Cold Mountain Rd

What is the listing price of this property?

The listing price of 987 Cold Mountain Rd property is $2,500,000.

What type of property is this?

The property 987 Cold Mountain Rd is a house located in Lake Toxaway, North Carolina, 28747.

Is this property for sale now?

Active Listing: 987 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 $8,462 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 987 Cold Mountain Rd has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 987 Cold Mountain Rd is 2,446 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 987 Cold Mountain Rd is 1973.

Rocket Homes›North Carolina›Transylvania County›Lake Toxaway›28747›987 Cold Mountain Rd

This home is located at 987 Cold Mountain Rd in Lake Toxaway, NC and zip code 28747. This 2,446 square foot home was built in 1973. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 19, 2023 and is currently priced at $2,500,000.

In November 2024, from all listings sold in Lake Toxaway, NC there were more than 0 sold above asking price, over 2 sold below and more than 0 were sold right at the asked price. Between October 2024 and November 2024, Lake Toxaway, NC real estate market has seen decrease in the number of listings by 7.3%. The median list price of listings available in November 2024 was $802,500, while the average time on the real estate market was 418 days.

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

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