Browse All Lake Toxaway NC Between $400K - $500K Properties for Sale

2 Beds ⋅ 2 Baths ⋅ 1004075 MLS ⋅ Toxaway Falls BLDG.

There is something special about 221 Toxaway Falls Drive, Unit 1—a place where your day is the steady, meditative roar of the iconic 350-foot Toxaway Falls. This isn’t just a condo; it’s a front-row seat to one of the most breathtaking natural views in the Blue Ridge Mountains, with the lush, protected wilderness of Gorges State Park as your permanent neighbor across the gorge. Inside, the living area centers around a cozy stone fireplace, recently upgraded with a dedicated gas line—meaning effortless fires and deck-side grilling without the hassle of propane tanks. The kitchen remains in its classic, functional state with quality appliances, while the primary bathroom and bedrooms have been lightly refreshed to offer a clean, inviting feel. Designed for maximum ease and low-maintenance living, this unit seamlessly blends comfort with accessibility. While there is only one short flight of stairs to the front door, a newly installed chairlift makes transitions effortless—whether you're transporting heavy luggage, carrying in groceries, or hosting guests with limited mobility. Just a short stroll away, residents and guests can relax at the community’s heated pool, a rare and delightful mountain luxury on warm summer afternoons. For nearby residents of the Mountain Falls Luxury Motorcoach Resort, this property serves as the ultimate "guest annex." It offers your visiting friends and family their own private sanctuary with world-class waterfall views, all while keeping them right around the corner. Beyond its undeniable charm as a personal mountain retreat, this fully furnished unit is a proven performer for the savvy buyer. Currently operating as a highly successful short-term rental, it offers a true turnkey opportunity to generate immediate, lucrative income from day one. Whether you are seeking a low-maintenance mountain escape, a sophisticated guest house, or a high-demand investment property with an irreplaceable "waterfall in your backyard" appeal, Unit 1 delivers on every front. Step into your turnkey sanctuary today!

221 Toxaway Falls Dr Unit 1A, Lake Toxaway

$499,000

1003666 MLS

Neighboring the breathtaking Panthertown Valley—often called the "Yosemite of the East"—this exceptional 4.36-acre homesite offers a rare opportunity to build your dream mountain retreat in the prestigious Lake Toxaway Estates. Perched at approximately 4,300 feet in elevation, the property enjoys captivating views overlooking Lake Toxaway and the surrounding mountain community. With frontage on private Panthertown Drive and Spencer Lane, the lot provides both convenient access and outstanding privacy. Its gently rolling terrain winds gracefully between two natural spring heads, leading to an ideal building site for a custom home that blends seamlessly with its peaceful surroundings. Lake Toxaway Estates is a cherished mountain community where generations of families have created lasting traditions. Centered around the region's largest private lake and surrounded by majestic peaks, residents enjoy spectacular scenery, abundant outdoor recreation, and an active social calendar. Whether you're seeking a vibrant seasonal community or a quiet mountain sanctuary, this remarkable property offers the best of both‌‌‌‌‌‌‌‌‌‌‌‌ worlds.

Lot 42 Panthertown Drive, Lake Toxaway

$450,000

1003464 MLS

Saddle Camp is a private 10.48-acre mountain retreat within the prestigious Lake Toxaway Estates, offering expansive, "in your face" views of Cold Mountain and Panthertail Mountain. With the ability to be subdivided one time, the property provides exceptional flexibility, whether you're envisioning a private family compound or multiple homesites. Established trails meander throughout the acreage, making it easy to explore the property's natural beauty, native hardwoods, and abundant wildlife. Accessed by a state-maintained paved road, Saddle Camp combines privacy, convenience, and the serene mountain setting that makes Lake Toxaway Estates such a sought-after destination. Ideally located near Panthertown Valley, Meadow Ridge, and the community pavilion, the property offers easy access to hiking, outdoor recreation, and all that the area has to offer. For those seeking an even larger mountain retreat, Saddle Camp and River Camp may be purchased together (with potential seller concessions), creating an exceptional 20+ acre estate with extensive stream frontage, established trail systems, and unparalleled access to the natural beauty of Lake Toxaway Estates.

Tbd Long Ridge Rd. (Saddle Camp), Lake Toxaway

$475,000

1003465 MLS

River Camp is a remarkably rare 10.65-acre mountain property within Lake Toxaway Estates, featuring approximately 1,500 feet of pristine headwater frontage of the Toxaway River. This exceptional offering combines breathtaking natural beauty with direct access to some of Western North Carolina's most treasured outdoor destinations. Accessed from state-maintained Cold Mountain Road, the property also offers the flexibility to be subdivided one time, creating additional possibilities for a family compound or multiple homesites. A defining feature of the property is its spectacular stream frontage, highlighted by two picturesque waterfalls that create a peaceful setting filled with the soothing sounds of cascading water year-round. Established trails meander throughout the landscape, inviting exploration of native hardwoods and abundant wildlife. Conveniently located near Meadow Ridge and the community pavilion, River Camp offers a rare opportunity to experience private streamfront living in one of Lake Toxaway Estates' most serene settings. For those seeking an even more expansive mountain retreat, River Camp and the adjoining Saddle Camp may be purchased together (with some seller concession), creating an extraordinary estate of more than 20 acres with extensive stream frontage, established trail systems, and an unparalleled connection to the natural beauty of the Blue Ridge Mountains.

Tbd Long Ridge Rd. (River Camp), Lake Toxaway

$499,000

3 Beds ⋅ 2 Baths ⋅ 1003238 MLS ⋅ Toxaway Falls BLDG.

Few condos in the region offer a front-row view of a landmark waterfall — and this one delivers it from nearly every room. Toxaway Falls thunders across a dramatic multi-cascade drop directly outside, with Gorges State Park preserving the opposite bank in perpetuity, ensuring the view remains unchanged regardless of what develops around it. The three-bedroom, two-bathroom unit is configured for easy main-level access with no interior stairs and an open floor plan that moves naturally from the living area through the dining space and into the kitchen. A fireplace anchors the living room, and sliding doors open to a covered back porch — the best seat in the house for watching the falls shift through the seasons. The primary suite shares the same porch access and the same views. Natural light carries through the unit; leave the doors open and the sound of the falls carries through. All three bedrooms are well-proportioned, with good closet storage throughout. The two full bathrooms are functional and well-positioned for the layout. The unit is sold fully furnished and turn-key ready, with a documented vacation rental history. Toxaway Falls community amenities include a pool and trails, while the fantastic shopping and dining of Highlands, Cashiers, and Brevard are just a short drive away.

48 Upper Tanglewood Unit 6, Lake Toxaway

$425,000

1002959 MLS

“Kalmia Knoll” perched above Lake Toxaway, is an exceptional homesite with a rare combination of easy buildability and truly breathtaking, long-range views—among the finest in Western North Carolina. From the future home site, take in a stunning 360-degree panorama that captures the lake, dramatic granite cliffs, layered Blue Ridge mountain vistas, and a lush hardwood forest. Even the iconic Mill Creek Falls—with its impressive cascade—is beautifully framed in the distance. Located within the exclusive Toxaway River Preserve, this low-density enclave features just a handful of expansive estate lots, thoughtfully paired with protected conservation land to ensure privacy, serenity, and preservation of the natural surroundings. With its generous acreage, gently sloping topography, improved build site, and unparalleled view corridor—all within the storied Lake Toxaway Estates—this property presents an extraordinary opportunity to create a legacy mountain retreat. Start designing your dream home today. Membership to Lake Toxaway Country Club is based upon application and availability.

Trp 1 Cardinal Dr W, Lake Toxaway

$449,900

104718 MLS

Captivating long-range views of the Blue Ridge Mountains await! This enchanting 3.4-acre lot in Lake Toxaway Estates is the perfect setting for experiencing mountain living at its finest. As record-breaking heat, floods, and fires increase each year, spending summers in the mountains becomes an ideal plan. From this wooded location near Meadow Ridge, enjoy serene privacy while remaining close to outstanding lifestyle amenities. A short hiking trail on the property offers a glimpse of the potential views that could be seen by a home on this gorgeous lot. Create a getaway in the beautiful North Carolina mountains, perfect for making joyful memories with family and celebrating important holidays. Lake Toxaway is a premier destination offering an idyllic blend of natural beauty and luxurious amenities. Residents enjoy access to the pristine, private lake, perfect for boating, fishing, and watersports, while surrounded by breathtaking mountain views. The community boasts a world-class country club with a golf course designed by a renowned architect, fine dining options, and tennis courts. Relaxation abounds with spa services and miles of scenic hiking trails through lush forests and past cascading waterfalls. Additionally, Lake Toxaway's proximity to charming local shops and cultural attractions ensures residents enjoy both tranquility and vibrant community life. The myriad of outdoor activities and welcoming community atmosphere make Toxaway an ideal retreat for everyone.

Lot 7 Meadow Ridge, Lake Toxaway

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