NOT LISTED FOR SALE

1101 Cold Mountain Rd Lake Toxaway, NC 28747

Estimated Value: $4,003,385

3 Beds
3.5 Baths
4,122 Sq Ft
$971/Sq Ft Est. Value

Last Sold March 28, 2023

Last sale price $3,600,000 $873 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $23,393/month

2 Days on Market

Highlights

  • Marina
  • Docks
  • Community Lake
  • Lake Front
  • Built-In Refrigerator
  • Deck

About This Home

As of March 2023

Lake Toxaway, NC: Come enjoy cool summer days, starlit nights, stunning mountain views and the largest private lake in NC. This exceptional lake property features a totally renovated log home with fabulous views up Lake Toxaway, to the mountains,and across the lake to the historic Greystone Inn, Lake Toxaway Marina, and Lake Toxaway Country Club. The spacious .58 acre lot boasts numerous outdoor amenities which include easy lake access, a spacious boat house and dock, rock seawall, large stone patio and fire pit. Handsome stone walls and large stepping stones have been placed throughout the property, allowing a lovely walk to the lake through mature landscape plantings. This handsome turn key log home was totally renovated several years ago following a unique designby Historical Concepts. The main level features an open floor plan with vaulted ceilings, large stone fireplace, lots of windows, master bedroom suite, a guest bedroom and bath, a den/study, powder bath, laundry room, walk-in pantry and convenient covered parking just outside the front door. The open kitchen is perfect for entertaining, boasting Wormy Chestnut cabinets, a large island, top of the line appliances, a walk in pantry, laundry room and lots of cabinetry for storage. Host family and friends in the spacious dining area that is open to the family room, and the living space extends to the outdoors with a screen porch and grilling deck overlooking the backyard, lake and mountain views. The upper level loft serves as a billiards room and features additional storage. The lower level features a guest bedroom and bath, media room, large workshop and 2 car garage with ample storage. This fabulous lake property with custom designed furnishings included in the sale, has everything you could possibly want, as a vacation home and/or a primary home. It is convenient, turn-key, well appointed and maintained with extensive landscaping and engineered retaining walls. You can move right in!

Last Listed By

Chip Freeman

LAKE TOXAWAY COMPANY Brokerage Phone: 8289664260 Listed on: 03/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,589

Year Built

  • Built in 1986

Lot Details

  • 0.56 Acre Lot
  • Lake Front
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Circular Driveway

Property Views

  • Lake
  • Mountain

Home Design

  • Shingle Roof
  • Block Exterior
  • Log Siding

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Furnished
  • Wired For Sound
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Stone Fireplace
  • Living Room with Fireplace
  • Workshop
  • Screened Porch
  • Home Security System
  • Dryer

Kitchen

  • Double Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Built-In Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Basement

  • Walk-Out Basement
  • Interior Basement Entry

Outdoor Features

  • Docks
  • Deck
  • Fire Pit

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 40
  • Assessor Parcel Number 8523-00-7008-000

Community Details

Overview

  • Property has a Home Owners Association
  • Lake Toxaway Estates Subdivision
  • Community Lake

Recreation

  • Marina
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,589

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.56
  • Road Surface Type: Paved
  • Water Body Name: Lake Toxaway
  • Subdivision Name: Lake Toxaway Estates
  • Directions: US 64 to NC 281 North and follow to the Fire Station, then turn left on Cold Mountain Road. The home is located 1.1 miles on the left, 1101 Cold Mountain Road.
  • Architectural Style: Log Home
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 1986
  • Attribution Contact: 8289664260
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Appliances: Built-In Oven, Built-In Refrigerator, Double Oven, Dryer, Dishwasher, Exhaust Fan, Freezer, Disposal, Gas Oven, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler
  • Has Basement: Garage Access, Interior Entry, Concrete, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas Starter, Living Room, Stone, Wood Burning
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound, Workshop

Exterior Features

  • Lot Features: Partially Cleared, Wooded
  • View: Lake, Mountain(s)
  • View: Yes
  • Waterfront Features: Lake, Deeded Access
  • Construction Type: Block, Log
  • Exterior Features: Dock, Fire Pit
  • Foundation Details: Block
  • Other Structures: Boat House, Workshop
  • Patio And Porch Features: Rear Porch, Covered, Deck, Screened
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Circular Driveway, Carport, Garage, Two Car Garage, Garage Door Opener, Paved

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System
  • Cooling: Central Air, Electric, Humidity Control
  • Cooling Y N: Yes
  • Heating: Central, Gas, Multi-Fuel
  • Heating Yn: Yes
  • Electric: Generator
  • Sewer: Sewer Applied for Permit, Septic Tank
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Lake, Marina, Playground, Park, Trails/Paths, Water Access
  • Association: Yes

Lot Info

  • Lot Size Sq Ft: 24393.6
  • Parcel #: 8523-00-7008-000
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Term: Other

Tax Info

  • Tax Annual Amount: 12589.33
  • Tax Lot: 40
  • Tax Year: 2022

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Easley Sally S $2,296,000 None Available
Crowley Harrie E $806,500 None Available
Amit Alexis D $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crowley Harrie E $889,116
Previous Owner Amit Alexis D $595,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2023 03/28/23 Sold $3,600,000 -2.6% $873 / Sq Ft
03/03/2023 03/03/23 For Sale $3,695,000 +60.9% $896 / Sq Ft
10/20/2020 10/20/20 Sold $2,296,000 0.0% $557 / Sq Ft
08/26/2020 08/26/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $2,295,000 +184.7% $557 / Sq Ft
10/10/2014 10/10/14 Sold $806,250 -19.0% $196 / Sq Ft
06/14/2014 06/14/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $995,000 -- $241 / Sq Ft
Source: Highlands-Cashiers Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,589 $1,912,400 $850,000 $1,062,400
2023 $12,589 $1,912,400 $850,000 $1,062,400
2022 $12,589 $1,912,400 $850,000 $1,062,400
2021 $12,494 $1,912,400 $850,000 $1,062,400
2020 $8,023 $1,152,780 $0 $0
2019 $7,966 $1,152,780 $0 $0
2018 $6,518 $1,152,780 $0 $0
2017 $6,443 $1,152,780 $0 $0
2016 $6,420 $1,152,780 $0 $0
2015 $5,904 $1,393,830 $1,000,000 $393,830
2014 $5,904 $1,393,830 $1,000,000 $393,830
Source: Public Records

Agents Affiliated with this Home

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Source: Highlands-Cashiers Board of REALTORS®

MLS Number: 101601

APN: 8523-00-7008-000