308 Island Point Road

Lake Toxaway, NC 28747

$3,750,000
Last Sold Price
5
Beds
4
Baths
2,698 Sq. Ft.
$1,390 / Sq. Ft.
2,698
Sq. Ft.
$1,390
per Sq. Ft.

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.
  1. Listed by Art Fisher • Fisher Realty - 10 Park Place • artfisher@fisherrealtync.com

Property Details for 308 Island Point Road

Architectural Style
Other
Waterfront Features
Boat House, Dock, Other
Zoning Description
None
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

Location

Listing Courtesy of Fisher Realty - 10 Park Place

Sold By Fisher Realty - 10 Park Place

Add your commute
LISTING UPDATED: 09/29/2022 01:47 PM

Property Details for 308 Island Point Road

StatusClosed
MLS #3880434
Days on Market48
Taxes-
HOA Fees$2,562 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1966
Lot Size1.25 AC / 54,450 SF
CountyTransylvania County

Location

Listing Courtesy of Fisher Realty - 10 Park Place

Sold By Fisher Realty - 10 Park Place

Add your commute

Building Information for 308 Island Point Road

Stories1Year Built1966Building Size-Lot Size1.25 AC / 54,450 SF

Payment Calculator

$21,557 per month

30 year fixed, 7.25% Interest

Principal and Interest

$20,465

Property Taxes

$878

HOA Dues

$214

The Payment Calculator is for illustrative purposes only.

Property Information for 308 Island Point Road

Summary
Location and General Information
  • Water Body Name: Lake Toxaway
  • Longitude: -82.936463
  • Geocode Source: Manual
  • 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 Subject To: Required
  • HOA Subject To Dues: Mandatory
  • Tax Assessed Value: $1,601,390.00
  • Yearly HOA Expense: 2562.00
  • Association Name: IPM Corp
  • Association Phone: 828-966-9453
  • Parcel Number: 8522-37-3698-000
School Information
  • Middle Or Junior School: Rosman
  • High School: Rosman
  • Elementary School: TC Henderson
Parking
  • Main Level Garage: Yes
Property
Lot Information
  • Elevation: 3000
  • Structure Type: One Story
  • Below Grade Finished Area: 0.0
  • 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 Units: Acres
  • Property Type: Residential
Property and Assessments
  • New Construction: 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
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Porch: Back,Covered,Deck,Enclosed Patio
  • Exterior Features: Other
  • Construction Materials: Wood Siding
  • Road Surface Type: Gravel
  • Roof: Shingle
Interior Features
  • Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Propane Cooktop, Refrigerator, Washer
  • Water Heater: Electric
  • Heating: Gas Hot Air Furnace, Heat Pump
  • 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
  • Flooring: Tile, Wood
  • Foundation Details: Crawl Space
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

Property History for 308 Island Point Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass 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$351,390Total$1,601,390
Tax Record2023$10,542 ($878 / month)
Home Facts
Beds5Baths4.5Total Finished SqFt2,698 SqFtAbove Grade Finished SqFt2,698 SqFtLot Size54,450 SqFtStyleSingle Family ResidenceYear Built1966Year Renovated1995CountyTRANSYLVANIAAPN8522-37-3698-000Fireplace 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes 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 from one of the following Multiple Listing Services: Canopy MLS,High Country Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Canopy MLS,High Country Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.