Sold
Last Sold Price
5 beds2,698 sqft
308 Island Point Rd, Lake Toxaway, NC 28747
Single FamilyProperty Type
1.25 acresLot Size
1966Year Built
$1,390/sq ftPrice per sq ft
$2,562/yrHOA Fees

Description

Situated on the original site of the historic Toxaway Inn, this magnificent 5 BR, 4 BA one level home enjoys two flat lakefront sites with sweeping views of Lake Toxaway and Toxaway Mountain and 210 feet of lake frontage. This rare, park-like setting has a large flat back and side yard overlooking the lake, private dock, boathouse, and stone steps into the lake for easy access for swimming, boating, and paddle boarding. This home is well-maintained and features a beautiful paneled great room with...Situated on the original site of the historic Toxaway Inn, this magnificent 5 BR, 4 BA one level home enjoys two flat lakefront sites with sweeping views of Lake Toxaway and Toxaway Mountain and 210 feet of lake frontage. This rare, park-like setting has a large flat back and side yard overlooking the lake, private dock, boathouse, and stone steps into the lake for easy access for swimming, boating, and paddle boarding. This home is well-maintained and features a beautiful paneled great room with massive stone fireplace overlooking the lake. The kitchen opens to a charming keeping room. Extensive outdoor entertaining space overlooking one of the finest views of Lake Toxaway.
  • Listed by: • Fisher Realty - 10 Park Place artfisher@fisherrealtync.com
Listing closed: 09/29/2022 12:00 AM • Source: CANOPY, MLS#: 3880434

Recent comparable sales

Median sold price

$2,840,000

Avg days on market

135

Sale-to-list ratio

85.8%

Lake Toxaway, NC

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Location

Listing Courtesy of Fisher Realty - 10 Park Place

Sold By Fisher Realty - 10 Park Place

Add your commute

Payment Calculator

$20,824 per month

30 year fixed, 6.71% Interest

Principal and Interest

$19,378

Property Taxes

$1,232

HOA Dues

$214

The Payment Calculator is for illustrative purposes only.

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Property Information for 308 Island Point Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • Architectural Style: Other
  • Waterfront Features: Boat House, Dock, Other
  • Zoning Description: None
  • View: Lake, Mountain(s)
  • Parking Features: Attached Garage, Driveway, Garage - 2 Car
  • Community Features: Clubhouse, Fitness Center, Game Court, Golf, Lake, Outdoor Pool, Playground, Recreation Area, Security, Sport Court, Tennis Court(s), Walking Trails, Other
  • Subdivision Name: Lake Toxaway Estates
Building Information
  • Stories: 1
  • Year Built: 1966
  • Lot Size: 1.25 AC / 54,450 SF
Summary
Location and General Information
  • View: Yes
  • Water Body Name: Lake Toxaway
  • Longitude: -82.936463
  • MLS Area Major: Toxaway
  • Unparsed Address: 308 Island Point Road
  • Geocode Source: Manual
  • Country: US
  • Latitude: 35.135722
  • Directions: From US64, take Blue Ridge Road to left on Cold Mountain Road at the Lake Toxaway firehouse and immediate left onto Island Point Road. Follow Island Point Road to near the end and take a right. Home is on the left marked 308
  • Zoning NCM: NONE
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: IPM Corp
  • HOA Phone: 828-966-9453
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Yearly Expense: 2562.00
  • Tax Annual Amount: $10,516.00
  • Tax Assessed Value: $1,601,390.00
  • Parcel Number: 8522-37-3698-000
School Information
  • Middle Or Junior School: Rosman
  • High School: Rosman
  • Elementary School: TC Henderson
Parking
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Parking: Covered Spaces: 2.0
  • Garage Main Level YN: Yes
  • Attached Garage: Yes
Property
Lot Information
  • Elevation: 3000
  • Structure Type: One Story
  • Below Grade Finished Area: 0.0
  • Building Area Units: Square Feet
  • Sq Ft Lower: 0
  • Sq Ft Main: 2698
  • 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: 0
  • Lot Features: Lake On Property, Lake Access, Level, Long Range View, Mountain View, Paved, Wooded, Views, Waterfront, Year Round View, See Remarks
  • Lot Size Acres: 1.25
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • New Construction YN: No
  • Photos Count: 48
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Permit Syndication: Yes
  • Plat Book Slide: 21/538
  • Proposed Special Assessment: No
  • Restrictions: Architectural Review, Building, Deed, Livestock Restriction, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet, Subdivision, Use
Utilities
  • Sewer: Septic Installed
  • Utilities: Cable Available
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Porch: Back,Covered,Deck,Enclosed Patio
  • Exterior Features: Other
  • Construction Materials: Wood Siding
  • Patio And Porch Features: Rear Porch, Covered, Deck, Enclosed
  • Pool Features: Community
  • Road Surface Type: Gravel
  • Roof: Shingle
  • Other Structures: Boat House, Workshop
Interior Features
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Propane Cooktop, Refrigerator, Washer
  • Levels: One
  • Water Heater: Electric
  • Cooling: Ceiling Fan(s), Heat Pump
  • Cooling YN: Yes
  • Heating: Gas Hot Air Furnace, Heat Pump
  • Heating YN: Yes
  • Interior Features: Breakfast Bar, Built Ins, Cable Available, Cathedral Ceiling(s), Garage Shop, Open Floorplan, Pantry, Split Bedroom, Vaulted Ceiling, Walk-In Closet(s), Walk-In Pantry, Other
  • Laundry Features: Main Level, Laundry Room
  • Fireplace Features: Keeping Room, Wood Burning
  • Fireplace YN: Yes
  • Flooring: Tile, Wood
  • Foundation Details: Crawl Space
  • Furnished: Negotiable
  • Basement Features: Crawl Space
  • Stories: 1
Room Information
Room 1
  • Baths Full: 4
  • Baths Half: 0
  • Beds Total: 5
  • Room Types: Bathroom(s),Bedroom(s),Great Room,Keeping Room,Kitchen,Laundry,Pantry
  • Room Level: Main
Multi Family
Multi-Family Information
  • Unit Count: 0
Rental
Rent Information
  • Lease Considered YN: No

Property History for 308 Island Point Road

DateEvent & SourcePriceAppreciation
Sep 29, 2022

Closed

CANOPY #3880434

$3,750,000
Sep 29, 2022

Closed

Highlands-Cashiers BOR #100378

$3,750,000
Sep 22, 2022

Closed (Public Record)

Public Record #1498392561

$3,750,000
DateEvent & SourcePrice
09/29/2022

Closed

CANOPY #3880434

$3,750,000
09/29/2022

Closed

Highlands-Cashiers BOR #100378

$3,750,000
09/22/2022

Closed (Public Record)

Public Record #1498392561

$3,750,000

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

Public Records for 308 Island Point Road

Taxable ValueLand$1,250,000Additions$1,825,250Total$3,075,250
Tax Record2025$14,786 ($1,232 / month)
Home Facts
Beds5Baths4.5Total Finished SqFt2,698 SqFtAbove Grade Finished SqFt2,698 SqFtLot Size54,450 SqFtStyleSingle Family ResidenceYear Built1966Year Renovated1990CountyTRANSYLVANIAAPN8522-37-3698-000Fireplace TypeHas Fireplace

Schools near 308 Island Point Road

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 Fisher Realty - 10 Park Place

Based on information submitted to the MLS GRID as of 09/29/2022 01:47 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.