Sold
Last Sold Price
4 beds5,095 sqft$628/sqft
589 Summit Ridge Rd, Lake Toxaway, NC 28747
Single FamilyProperty Type
2.29 acresLot Size
1994Year Built
$628/sq ftPrice per sq ft
$5,292/yrHOA Fees
2 carsParking Spaces

Description

For Comp purposes only.For Comp purposes only.
  • Listed by: • Lake Toxaway Co. cfree@laketoxaway.com
Listing closed: 04/25/2025 12:00 AM • Source: CANOPY, MLS#: 4252181

Recent comparable sales

Median sold price

$2,800,000

Avg days on market

154

Sale-to-list ratio

87.0%

Lake Toxaway, NC

9 comparable properties found

an aerial view of a house with a big yard
1/48
1

$2,575,000

Sold 09/10/25

4
Bedrooms
4,469
Square Feet
3.16
Acres
$2,840,000 | 340 Mls Crk Trace, Lake Toxaway, NC 28747
1/32
2

$2,840,000

Sold 07/23/25

4
Bedrooms
4,136
Square Feet
1.75
Acres
a view of a lake with a building in the background
1/49
3

$4,100,000

Sold 08/18/25

4
Bedrooms
4,639
Square Feet
3.4
Acres
$2,500,000 | 251 Toxaway Court, Lake Toxaway, NC 28747
1/48
4

$2,500,000

Sold 06/29/26

3
Bedrooms
5,005
Square Feet
1.2
Acres
a front view of a house with a yard
1/49
5

$2,900,000

Sold 07/18/25

4
Bedrooms
4,010
Square Feet
0.94
Acres
$3,175,000 | 843 North Club Boulevard, Lake Toxaway, NC 28747
1/49
6

$3,175,000

Sold 06/12/25

4
Bedrooms
4,176
Square Feet
0.91
Acres
$2,800,000 | 540 Toxaway Drive, Lake Toxaway, NC 28747
1/47
7

$2,800,000

Sold 02/21/25

4
Bedrooms
4,490
Square Feet
2.52
Acres
a front view of a house with garden
1/49
8

$2,100,000

Sold 12/18/24

4
Bedrooms
4,248
Square Feet
0.80
Acres
$1,837,500 | 363 Lakeside Drive, Lake Toxaway, NC 28747
1/49
9

$1,837,500

Sold 02/18/26

4
Bedrooms
4,869
Square Feet
1.51
Acres

Location

Listing Courtesy of Lake Toxaway Co.

Sold By Lake Toxaway Co.

Add your commute

Payment Calculator

$18,169 per month

30 year fixed, 6.55% Interest

Principal and Interest

$16,265

Property Taxes

$1,463

HOA Dues

$441

The Payment Calculator is for illustrative purposes only.

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Property Information for 589 Summit Ridge Road

Property Details
  • MLS Type: Residential / Single Family Residence
  • View: Long Range, Mountain(s), Water, Winter, Year Round
  • Parking Features: Circular Driveway, Driveway
  • Subdivision Name: Lake Toxaway Estates
Building Information
  • Year Built: 1994
  • Lot Size: 2.29 AC / 99,752 SF
Summary
Location and General Information
  • Longitude: -82.97463269
  • Latitude: 35.13455575
  • Directions: For Comp purposes only.
Taxes and HOA Information
  • HOA Name: LTCA
  • HOA Email: ltadmin@ipmhoa.com
  • HOA Phone: 828-966-9453
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Annual Expense: $5,292.00
  • Tax Assessed Value: $3,654,620.00
  • Parcel Number: 8512-27-0721-000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Garage Main Level YN: Yes
Property
Lot Information
  • Above Grade Finished Area: 3233.0
  • Below Grade Finished Area: 1862.0
  • Sq Ft Lower: 0
  • Sq Ft Main: 3233
  • Sq Ft Third: 0
  • Sq Ft Unheated Total: 0
  • Sq Ft Upper: 0
  • Sq Ft Total Property HLA: 5095.0
  • Lot Size Units: Acres
  • Property Type: Residential
Property and Assessments
  • Geocode Confidence: High
  • New Construction YN: No
  • Photos Count: 48
  • Road Responsibility: Private Maintained Road
  • Construction Type: Site Built
  • Assumable: No
  • Senior Community YN: No
Utilities
  • Sewer: Septic Installed
  • Utilities: Cable Available, Electricity Connected, Phone Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood
  • Road Surface Type: Gravel, Paved
Interior Features
  • Appliances: Dishwasher, Dryer, Exhaust Hood, Gas Cooktop, Oven, Refrigerator, Washer, Washer/Dryer
  • Levels: One
  • Cooling: Central Air
  • Heating: Forced Air
  • Laundry Features: In Basement
  • Fireplace Features: Living Room, Outside, Porch, Primary Bedroom
  • Fireplace YN: Yes
  • Foundation Details: Crawl Space
  • Basement YN: Yes
  • Basement Features: Finished, Interior Entry
  • Bedroom Basement: 3
  • Bedroom Lower: 0
  • Bedroom Main: 1
  • Bedroom Third: 0
  • Bedroom Upper: 0
  • Full Bath Basement: 3
  • Full Bath Lower: 0
  • Full Bath Main: 1
  • Full Bath Third: 0
  • Full Bath Upper: 0
  • Half Bath Basement: 0
  • Half Bath Lower: 0
  • Half Bath Main: 2
  • Half Bath Third: 0
  • Half Bath Upper: 0
Room Information
Room Information
  • Room Count: 15.0
Room 1
  • Room Types: Primary Bedroom
  • Room Level: Main
Room 2
  • Room Types: Bathroom-Full
  • Room Level: Main
Room 3
  • Room Types: Bathroom-Half
  • Room Level: Main
Room 4
  • Room Types: Great Room
  • Room Level: Main
Room 5
  • Room Types: Dining Area
  • Room Level: Main
Room 6
  • Room Types: Kitchen
  • Room Level: Main
Room 7
  • Room Types: Den
  • Room Level: Main
Room 8
  • Room Types: Bedroom(s)
  • Room Level: Basement
Room 9
  • Room Types: Bathroom-Full
  • Room Level: Basement
Room 10
  • Room Types: Bedroom(s)
  • Room Level: Basement
Room 11
  • Room Types: Bathroom-Full
  • Room Level: Basement
Room 12
  • Room Types: Bedroom(s)
  • Room Level: Basement
Room 13
  • Room Types: Family Room
  • Room Level: Basement
Room 14
  • Room Types: Laundry
  • Room Level: Basement
Room 15
  • Room Types: Bathroom-Half
  • Room Level: Main

Property History for 589 Summit Ridge Road

DateEvent & SourcePriceAppreciation
Apr 25, 2025

Closed

CANOPY #4252181

$3,200,000
Apr 23, 2025

Closed (Public Record)

Public Record #1556218813

$3,200,000
Jan 25, 2025

Listed (Active)

CANOPY #4252181

DateEvent & SourcePrice
04/25/2025

Closed

CANOPY #4252181

$3,200,000
04/23/2025

Closed (Public Record)

Public Record #1556218813

$3,200,000
01/25/2025

Listed (Active)

CANOPY #4252181

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

Public Records for 589 Summit Ridge Road

Taxable ValueLand$408,070Additions$3,246,550Total$3,654,620
Tax Record2025$17,560 ($1,463 / month)
Home Facts
Baths5Total Finished SqFt5,176 SqFtAbove Grade Finished SqFt5,176 SqFtLot Size100,188 SqFtStyleMiscellaneous CommercialYear Built1994CountyTRANSYLVANIAAPN8512-27-0721-000Fireplace TypeHas Fireplace

Schools near 589 Summit Ridge 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.

Listing Courtesy of Lake Toxaway Co.

Based on information submitted to the MLS GRID as of 04/28/2025 02:35 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.