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Waterfront home on Lake Toxaway

North Carolina Waterfront

Lake Toxaway Homes For Sale

North Carolina's Most Exclusive Address.

40
Active Homes
$1.5M
Median Price
6
Under Contract
9
New This Month
640 acres · 14 mi shoreline · 3 communities
Browse Listings Explore the Map
138 Indian Trace, Lake Toxaway — $9.5M

Lakefront Communities on Lake Toxaway

From gated golf communities to quiet cove neighborhoods, find the community that fits your lifestyle. Each offers its own character, amenities, and waterfront access.

Lake Toxaway Estates, Lake Toxaway 36 active

Lake Toxaway Estates

Lake Toxaway

$1.2M median · Built ~1995

Bear Wallow Springs, Sapphire 2 active

Bear Wallow Springs

Sapphire

$2.5M median · Built ~2024

T
1 active

Toxaway Falls Condominium One

Lake Toxaway

$475K median · Built ~1981

Why Buyers Are Choosing Lake Toxaway

Here's what makes Lake Toxaway one of the most sought-after destinations in the Southeast.

Largest Private Lake in NC

Gated and exclusively residential — no public boat ramps, no commercial traffic, ensuring pristine water quality and total privacy.

Ultra-Exclusive Community

A historic enclave since the 1890s, attracting high-net-worth buyers from Atlanta, Charlotte, and Florida seeking mountain privacy.

Blue Ridge Setting at 3,010 Feet

Cool summer temperatures, long-range mountain views, and old-growth forests create a true escape from lowland heat.

Country Club Amenities

The Lake Toxaway Country Club offers championship golf, tennis, croquet, fine dining, and a full-service marina on the lake.

Cashiers-Highlands Plateau

Minutes from the renowned shopping, dining, and cultural scene of Cashiers and Highlands — two of NC's most prestigious mountain towns.

Mountain Stream-Fed Water

Fed by pristine mountain streams, producing exceptionally clear water ideal for swimming, fishing, and paddling.

All Active Listings on Lake Toxaway

40 waterfront and lake-access homes currently on the market.

All Communities on Lake Toxaway

3 neighborhoods across 2 cities.

Lake Toxaway

Lake Toxaway Estates $1.2M · 36 active Toxaway Falls Condominium One $475K · 1 active

Sapphire

Bear Wallow Springs $2.5M · 2 active

Moving to Lake Toxaway?

Everything you need to know about relocating — from airport access to tax savings.

Airports & Access

  • AVL Asheville Regional 45 min drive
  • GSP Greenville-Spartanburg Intl 1 hr 45 min drive
  • ATL Hartsfield-Jackson Atlanta Intl 3 hr 15 min drive

Tax Advantages

  • Flat NC income tax of 4.25%, dropping to 3.99% in 2026
  • Social Security benefits fully exempt from NC income tax
  • No state estate or inheritance tax
  • Transylvania County property tax rates among the lowest in NC

Nearby Cities

  • Brevard 20 min
  • Cashiers/Highlands 20 min
  • Hendersonville 1 hr
  • Asheville 1 hr

How Does It Compare?

Lake Toxaway delivers the exclusivity of a private island retreat with the cool-mountain climate and cultural richness that coastal compounds simply cannot match.

Frequently Asked Questions About Lake Toxaway

How many homes are for sale on Lake Toxaway?
There are currently 40 active listings on Lake Toxaway.
What is the median home price on Lake Toxaway?
The median list price for homes on Lake Toxaway is $1,544,500.
What communities are on Lake Toxaway?
Popular communities include Lake Toxaway Estates, Bear Wallow Springs, Toxaway Falls Condominium One. There are 3 named communities on Lake Toxaway.
Is Lake Toxaway in South Carolina or North Carolina?
Lake Toxaway is located in North Carolina.
What are the tax benefits of living on Lake Toxaway?
Flat NC income tax of 4.25%, dropping to 3.99% in 2026. Social Security benefits fully exempt from NC income tax. No state estate or inheritance tax. Transylvania County property tax rates among the lowest in NC.

Ready to Find Your Lake Home?

Our agents know every cove, dock, and community on Lake Toxaway. Get personalized guidance from someone who lives and breathes lake real estate in North Carolina.

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