1248 Fairway Dr, Lake Toxaway, NC, 28747

$875,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,420 SqFt
$362/SqFt
House
Schools Nearby

Location

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1248 Fairway Dr, Lake Toxaway$875,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1997
HeatingElectric, Floor Furnace
CoolingCentral Air, Electric, Heat Pump
WaterfrontBoat Ramp
FireplaceLiving Room, Wood Burning
ViewGolf Course
MLS #4141487
StatusAccepting Backup Offers
(Active Under Contract)

About 1248 Fairway Dr

Welcome to your newly renovated golf course cottage nestled in a quaint setting within Lake Toxaway Estates. This charming abode offers 3 beds, 2.5 baths, and 2,420 sq ft of cozy living space. Inside, discover the open concept living, dining, and kitchen areas on the main level, complemented by a wood-burning fireplace. Retreat to the oversized primary suite featuring a custom large-tiled shower. Enjoy the expansive gentle topography lot, boasting a large front yard for outdoor enjoyment. Or, step outside into the large backyard with a private moss-covered pathway to the golf course, providing direct access to hole #4. Relish in the large outdoor living spaces, perfect for entertaining or simply unwinding in nature's embrace. Don't miss the chance to make this tranquil cottage your own. Membership to Lake Toxaway Country Club is based on availability and application approval.

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1997
  • Living Area: 2,420 SqFt

Listing Office:

  • Office Name: Lake Toxaway Co.

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Carpet, Tile, Wood
  • Fireplace: Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Boat Ramp
  • View: Golf Course

Parking Information:

  • Parking: Driveway

Utilities

Utilities Information:

  • Heating: Electric, Floor Furnace
  • Cooling: Central Air, Electric, Heat Pump

Other

Directions Information:

  • Directions: From Hwy 64 turn right onto Blue Ridge Road. Turn left onto Cold Mountain Road. Follow around until left onto Fairway Drive (You will see signs for Lake Toxaway Country Club and The Greystone Inn). Stay straight on Fairway Drive over the dam until you see #1248 on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $875,000
  • Price Per SqFt: $362/SqFt

HOA Fees:

  • Amount: $3687
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,685
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Lake Toxaway, NC.

Med. Sold Price

$570K

Med. Price/SqFt

$349

Avg. Days On Market

50

# of Sold Homes

2

1248 Fairway Dr vs Lake Toxaway

15 DAYS ON ROCKET

-35 Days

$875,000

+$305K More

$362/SqFt

+$12 More

KEY TAKEAWAY

This property is $305K more than the Median Sold Price and $12/SqFt more than other homes in Lake Toxaway, NC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #4141487

Listing Office:

  • Office Name: Lake Toxaway Co.

IDX Listings courtesy of Canopy MLS as distributed by MLS GRID.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 11:51:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2009Home Sold
$387,500

Tax History

YEARPROP. TAXASSESSMENT
2020$2,685$385,830
2019$2,666$385,830
2018$2,156$385,830
2017$2,149$385,830

History based on county public records data.

Payment Calculator

$4,742

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,690

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7064183
4
/10
  • T C Henderson Elementary School

  • 11839 Rosman Hwy

  • 4.24 miles

  • Public District Grades KG-5

school-card-donut-7064184
6
/10
  • Rosman Elementary School

  • 167 Rosman School Rd

  • 7.56 miles

  • Public District Grades PK-5

school-card-donut-7064185
6
/10
  • Blue Ridge School

  • 95 Bobcat Dr

  • 9.12 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,250. Residents of Lake Toxaway, NC typically earn between $35k-100k each year. Most families are married, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1248 Fairway Dr

What is the listing price of this property?

The listing price of 1248 Fairway Dr property is $875,000.

What type of property is this?

The property 1248 Fairway Dr is a house located in Lake Toxaway, North Carolina, 28747.

Is this property for sale now?

Accepting Backup Offers: 1248 Fairway Dr is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,685 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 28, 2009 for $387,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1248 Fairway Dr has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1248 Fairway Dr is 2,420 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1248 Fairway Dr is 1997.

Rocket HomesNorth CarolinaTransylvania CountyLake Toxaway287471248 Fairway Dr

This home is located at 1248 Fairway Dr in Lake Toxaway, NC and zip code 28747. This 2,420 square foot home was built in 1997. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $875,000.

In May 2024, from all listings sold in Lake Toxaway, NC there were more than 1 sold above asking price, over 0 sold below and more than 1 were sold right at the asked price. Between April 2024 and May 2024, Lake Toxaway, NC real estate market has seen increase in the number of listings by 2.8%. Listings spent 50 days on the market in May 2024, and had a median list price of $570,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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