274 Whetstone Gap Rd

Lake Toxaway, NC 28747

$550,000
Price
3
Beds
2,143 Sq. Ft.
$257 / Sq. Ft.
2,143
Sq. Ft.
$257
per Sq. Ft.
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Description

Back on the market! Breathtaking, panoramic views of Toxaway Falls greet you from the expansive deck of 274 Whetstone Gap Road—a rare opportunity to own a home in one of the most scenic corners of Western North Carolina. Built in 1970 with a smart, flowing floor plan, this home is the perfect canvas for your vision. The full, unfinished basement provides tremendous potential to expand your living space and create the mountain retreat of your dreams. Ideally situated just minutes from Lake Toxaway,...Back on the market! Breathtaking, panoramic views of Toxaway Falls greet you from the expansive deck of 274 Whetstone Gap Road—a rare opportunity to own a home in one of the most scenic corners of Western North Carolina. Built in 1970 with a smart, flowing floor plan, this home is the perfect canvas for your vision. The full, unfinished basement provides tremendous potential to expand your living space and create the mountain retreat of your dreams. Ideally situated just minutes from Lake Toxaway, this property offers all the natural beauty of the region without the burden of high HOA fees—and with the freedom to short-term rent, giving you exceptional flexibility for personal use and investment. Additionally, the home conveys with two adjoining lots and directly borders Gorges State Park, ensuring unmatched privacy, protected natural surroundings, and endless outdoor adventure right outside your door.
  1. Listed by Lizzie McGann • Howard Hanna Beverly-Hanks Brevard Downtown • lizzie.burnett@allentate.com

Property Details for 274 Whetstone Gap Road

View
Mountain(s), Year Round
Parking Features
Basement, Driveway, Attached Garage
Subdivision Name
Whetstone Gap
LISTING UPDATED: 01/09/2026 12:51 PM

Property Details for 274 Whetstone Gap Road

StatusActive
MLS #4322459
Days on Market15
Taxes-
HOA Fees$325 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1970
Lot Size1.66 AC / 72,222 SF
CountyTransylvania County

Location

Listing Courtesy of Howard Hanna Beverly-Hanks Brevard Downtown
Add your commute

Building Information for 274 Whetstone Gap Road

Stories-Year Built1970Building Size-Lot Size1.66 AC / 72,222 SF

Payment Calculator

$2,877 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,681

Property Taxes

$169

HOA Dues

$27

The Payment Calculator is for illustrative purposes only.

Property Information for 274 Whetstone Gap Road

Summary
Location and General Information
  • Longitude: -82.922152
  • Latitude: 35.120295
  • Directions: From downtown Brevard, take US Hwy 64 W for about 14.5 miles. Turn left on Whetstone Gap Rd. Home is on the right.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: Don Fraser
  • HOA Email: dfraser10@cfl.rr.com
  • HOA Phone: 406-446-4547
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Annual Expense: $325.00
  • Tax Assessed Value: $421,180.00
  • Parcel Number: 8522-71-4970-000
  • 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: Open Spaces: 4.0
  • Parking: Open Parking YN: Yes
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Elevation: 2500
  • Above Grade Finished Area: 2092.0
  • Below Grade Finished Area: 51.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 2092
  • Sq Ft Third: 0
  • Sq Ft Unheated Basement: 2042
  • Sq Ft Unheated Total: 2042
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 2143.0
  • Lot Features: Adjoins Forest, Rolling Slope, Views
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • Down Payment Resource YN: Yes
  • New Construction YN: No
  • Photos Count: 48
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Additional Parcels Description: 8522-71-6809 / 8522-71-7900
  • Senior Community YN: No
  • Restrictions: Short Term Rental Allowed
Green Features
  • Green Verification Count: 0
Utilities
  • Sewer: Septic Installed
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Patio And Porch Features: Deck, Patio
  • Pool Private YN: No
  • Road Surface Type: Concrete, Gravel
  • Roof: Architectural Shingle
Interior Features
  • Appliances: Electric Water Heater, Refrigerator, Washer/Dryer
  • Levels: One and One Half
  • Cooling: Central Air
  • Heating: Heat Pump
  • Interior Features: Walk-In Closet(s)
  • Laundry Features: Laundry Room, Main Level, Washer Hookup
  • Fireplace Features: Wood Burning
  • Fireplace YN: Yes
  • Foundation Details: Basement
  • Basement YN: Yes
  • Basement Features: Basement Garage Door, Exterior Entry, Interior Entry, Storage Space, Unfinished, Walk-Out Access
  • Bedroom Main: 3
  • Full Bath Main: 2
  • Half Bath Main: 1
Room Information
Room Information
  • Room Count: 5.0
Room 1
  • Room Types: Kitchen
  • Room Level: Main
Room 2
  • Room Types: Living Room
  • Room Level: Main
Room 3
  • Room Types: Dining Room
  • Room Level: Main
Room 4
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 5
  • Room Types: Bathroom-Full
  • Room Level: Main

Property History for 274 Whetstone Gap Road

DateEvent & SourcePriceAppreciation
Jan 9, 2026

Listed (Active)

CANOPY #4322459

$550,000—
Dec 16, 2025

Under Contract-Show

CANOPY #4322459

—
Dec 12, 2025

Listed (Active)

CANOPY #4322459

$550,000—
May 19, 2011

Closed

CANOPY #482038

$175,000—
Apr 12, 2011

Under Contract-No Show

CANOPY #482038

—
Feb 25, 2011

Listed (Active)

CANOPY #482038

$189,900—
DateEvent & SourcePrice
01/09/2026

Listed (Active)

CANOPY #4322459

$550,000
12/16/2025

Under Contract-Show

CANOPY #4322459

—
12/12/2025

Listed (Active)

CANOPY #4322459

$550,000
05/19/2011

Closed

CANOPY #482038

$175,000
04/12/2011

Under Contract-No Show

CANOPY #482038

—
02/25/2011

Listed (Active)

CANOPY #482038

$189,900

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

Public Records for 274 Whetstone Gap Road

Taxable ValueLand$50,000Additions$371,180Total$421,180
Tax Record2025$2,024 ($169 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,083 SqFtAbove Grade Finished SqFt2,083 SqFtLot Size27,007 SqFtStyleSingle Family ResidenceYear Built1970Year Renovated1995CountyTRANSYLVANIAAPN8522-71-4970-000Fireplace TypeHas Fireplace

Schools near 274 Whetstone Gap Road

This home is within Transylvania County School District.
Rating
School
Type
Grades
Distance
T C Henderson Elementary
Public - PK to 5
Rosman Middle
Public - 6 to 8
Rosman High
Public - 9 to 12
Rosman Elementary
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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More information about 274 Whetstone Gap Road, Lake Toxaway, NC 28747

274 Whetstone Gap Road is a single family home for sale in Lake Toxaway, NC 28747. This property was listed for sale on December 12, 2025 by Howard Hanna Beverly-Hanks Brevard Downtown, it's currently listed at $550,000. It has been on the market for a total of 15 days and was last sold on May 19, 2011. This listing's school district is Transylvania County School District. Nearby schools include T C Henderson Elementary, Rosman Middle and Rosman High. 274 Whetstone Gap Road is a 3-bed, 3-bath, 2,143 sqft single family home built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna Beverly-Hanks Brevard Downtown

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/20/2026 08:39 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.