Sold
Last Sold Price
3 beds3,084 sqft$272/sqft
254 Panther Ridge Rd, Unit PR, Lake Toxaway, NC 28747
Single FamilyProperty Type
12 acresLot Size
2003Year Built
$272/sq ftPrice per sq ft
$2,371/yrHOA Fees
2 carsParking Spaces

Description

Set on 12 private acres this turn-key log home offers dramatic views, privacy and is within the heart of Lake Toxaway Estates. Conveniently located on Panther Ridge the home contains three bedrooms with a loft style bonus room in the main residence. Three stacked stone fireplaces, a large open great room flanked by decks for entertainment, and a well appointed kitchen all compliment the setting. Above the double bay carport is approx. 550 additional square feet of office space with separate private...Set on 12 private acres this turn-key log home offers dramatic views, privacy and is within the heart of Lake Toxaway Estates. Conveniently located on Panther Ridge the home contains three bedrooms with a loft style bonus room in the main residence. Three stacked stone fireplaces, a large open great room flanked by decks for entertainment, and a well appointed kitchen all compliment the setting. Above the double bay carport is approx. 550 additional square feet of office space with separate private entrance and a full bath. Approximately 10 of the 12 acres has been placed within a conservation easement with NALT (North American Land Trust) and the property enjoys an additional 1.5+/- acre view easement on the neighboring property. Offered furnished with washer & dryer. This is mountain living at it's best.
  • Listed by: • Lake Toxaway Co. will@laketoxaway.com
Listing closed: 09/11/2020 12:00 AM • Source: CANOPY, MLS#: 3479140

Recent comparable sales

Median sold price

$1,125,000

Avg days on market

144

Sale-to-list ratio

88.3%

Lake Toxaway, NC

9 comparable properties found

$1,125,000 | 147 Club Colony Lane, Lake Toxaway, NC 28747
1/45
1

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3
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3,224
Square Feet
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Acres
a front view of a house with a garden
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Square Feet
1.2
Acres
$800,000 | 662 Cherokee Point, Lake Toxaway, NC 28747
1/43
3

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3
Bedrooms
3,084
Square Feet
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Acres
$3,300,000 | 90 West Shore Drive, Lake Toxaway, NC 28747
1/46
4

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3
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$2,900,000 | 86 Lake Cardinal Cove Cove Lake, Lake Toxaway, NC 28747
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Square Feet
0.67
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Sold 06/30/25

3
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3,620
Square Feet
1.09
Acres
$1,400,000 | 188 Club Colony Lane, Lake Toxaway, NC 28747
1/44
7

$1,400,000

Sold 08/18/25

3
Bedrooms
3,635
Square Feet
0.59
Acres
$875,000 | 434 Toxaway Drive, Lake Toxaway, NC 28747
1/43
8

$875,000

Sold 08/28/25

3
Bedrooms
2,504
Square Feet
2.3
Acres
a view of an entryway
1/34
9

$890,000

Sold 05/26/26

4
Bedrooms
3,472
Square Feet
2.53
Acres

Location

Listing Courtesy of Lake Toxaway Co.

Sold By Lake Toxaway Co.

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$4,467 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,270

Property Taxes

$0

HOA Dues

$198

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Property Information for 254 Panther Ridge Road, Unit PR

Property Details
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Rustic
  • Waterfront Features: Lake
  • View: Mountain(s), Water, Year Round
  • Parking Features: Carport
  • Community Features: Playground, Walking Trails
  • Subdivision Name: Lake Toxaway Estates
Building Information
  • Year Built: 2003
  • Lot Size: 12.00 AC / 522,720 SF
Summary
Location and General Information
  • Longitude: -82.953956
  • Zoning: None
  • Latitude: 35.153821
  • Directions: From 281, Turn Left at Firehouse and continue on Cold Mountain Rd until you come to Panther Ridge Road on Right. Home marked 254 on right.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: IPM
  • HOA Email: ltadmin@ipmhoa.com
  • HOA Phone: 828-966-9453
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • Tax Assessed Value: $690,250.00
  • Parcel Number: 8513847581000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Rosman
  • High School: Rosman
  • Elementary School: T.C. Henderson
Parking
  • Parking: Carport Spaces: 2.0
  • Parking: Carport YN: Yes
  • Garage Main Level YN: No
Property
Lot Information
  • Elevation: 3500
  • Above Grade Finished Area: 1936.0
  • Below Grade Finished Area: 1148.0
  • Builder Name: N/A
  • Sq Ft Lower: 0
  • Sq Ft Main: 1279
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 0
  • Sq Ft Unheated Lower: 0
  • Sq Ft Unheated Main: 0
  • Sq Ft Unheated Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Unheated Upper: 0
  • Sq Ft Upper: 657
  • Sq Ft Other: 550.0
  • Sq Ft Second Living Quarters: 0.0
  • Sq Ft Total Property HLA: 3084.0
  • Living Area Units: Square Feet
  • Lot Features: Waterfall - Artificial, Wooded
  • Lot Size Acres: 12.0
  • Lot Size Dimensions: per survey
  • Lot Size Units: Acres
  • Property Attached YN: No
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 32
  • Road Responsibility: Private Maintained Road
  • Development Status: Completed
  • Construction Type: Site Built
  • Assumable: No
  • Plat Book Slide: F16/631
  • Plat Reference Section Pages: 281
  • Proposed Special Assessment Description: 0
  • Proposed Special Assessment: No
Green Features
  • Green Verification Count: 1
Utilities
  • Sewer: Septic Installed
  • Utilities: Propane
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Log, Stone
  • Patio And Porch Features: Balcony, Deck, Rear Porch, Side Porch
  • Road Surface Type: Asphalt
  • Roof: Metal
Interior Features
  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Levels: One and One Half
  • Other Equipment: Generator
  • Cooling: Ceiling Fan(s), Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Interior Features: Cathedral Ceiling(s), Open Floorplan
  • Laundry Features: In Basement
  • Fireplace Features: Outside, Wood Burning
  • Fireplace YN: Yes
  • Door Features: Screen Door(s)
  • Flooring: Carpet, Tile, Wood
  • Foundation Details: Crawl Space
  • Basement YN: Yes
  • Basement Features: Basement, Finished
  • Bedroom Basement: 1
  • Bedroom Main: 1
  • Bedroom Second LQ: 0
  • Bedroom Upper: 1
  • Full Bath Basement: 1
  • Full Bath Main: 1
  • Full Bath Second LQ: 1
  • Full Bath Upper: 1
  • Half Bath Basement: 0
  • Half Bath Main: 1
  • Half Bath Second LQ: 0
  • Half Bath Upper: 0
  • Second Living Quarters: Room w/ Private Bath, Separate Entrance
Room Information
Room Information
  • Room Count: 13.0
Room 1
  • Room Types: 2nd Living Quarters
  • Room Level: 2nd Living Quarters
Room 2
  • Room Types: Bathroom-Full
  • Room Level: 2nd Living Quarters
Room 3
  • Room Types: Office
  • Room Level: 2nd Living Quarters
Room 4
  • Room Types: Bathroom-Full
  • Room Level: Basement
Room 5
  • Room Types: Billiard
  • Room Level: Basement
Room 6
  • Room Types: Dining Area
  • Room Level: Main
Room 7
  • Room Types: Bedroom(s)
  • Room Level: Upper
Room 8
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 9
  • Room Types: Great Room
  • Room Level: Main
Room 10
  • Room Types: Bathroom-Half
  • Room Level: Main
Room 11
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 12
  • Room Types: Bedroom(s)
  • Room Level: Basement
Room 13
  • Room Types: Bathroom-Full
  • Room Level: Upper
Rental
Rent Information
  • Security Features: Security Service, Security System

Property History for 254 Panther Ridge Road, Unit PR

DateEvent & SourcePriceAppreciation
Sep 11, 2020

Closed

CANOPY #3479140

$840,000
Aug 28, 2020

Under Contract-No Show

CANOPY #3479140

Feb 28, 2019

Listed (Active)

CANOPY #3479140

$998,000
DateEvent & SourcePrice
09/11/2020

Closed

CANOPY #3479140

$840,000
08/28/2020

Under Contract-No Show

CANOPY #3479140

02/28/2019

Listed (Active)

CANOPY #3479140

$998,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 254 Panther Ridge Road, Unit PR

This home is within Transylvania County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
T C Henderson Elementary
PublicPK to 5

Rosman Middle
Public6 to 8

Rosman High
Public9 to 12

Rosman Elementary
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Lake Toxaway Co.

Based on information submitted to the MLS GRID as of 12/12/2023 07:47 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.