516 Cherokee Trace Lake Toxaway, NC $ 1,395,000
516 Cherokee Trace
$ 1,395,000
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516 Cherokee Trace

Lake Toxaway, NC, 28747
$ 1,395,000
Bedrooms4 Baths4.0 Sq 3,135

Monthly Estimate*

$ 9,635

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Single Family Home for sale in Lake Toxaway, NC

for $1,395,000 with 4 bedrooms and 4 full baths. This 3,135 square foot home was built in 1991 on a lot size of 0.62.

Set in the heart of Lake Toxaway’s premier golf community, 516 Cherokee Trace offers an exceptional blend of comfort, convenience, with a view of Lakeside Mountain. This beautifully appointed home captures expansive vistas of the golf course, including a stunning perspective of Hole #16 and its pristine green—an ever-changing backdrop that can be enjoyed from multiple vantage points throughout the property. This 3,135 square foot residence features 4 bedrooms and 4 bathrooms, thoughtfully designed to provide both privacy and inviting gathering spaces. The interior is being offered furnished with select exceptions, allowing for an easy transition into mountain living. Ideally located just moments from the club, this home combines accessibility with a sense of retreat. A two-car garage, along with an additional two-car carport, ensures ample parking and a covered, welcoming entrance for residents and guests alike. Whether you're seeking a full-time residence or a mountain getaway, this property delivers scenic beauty, functional design, and a coveted location within one of Lake Toxaway’s most desirable settings. Membership to Lake Toxaway Country Club is based on application and availability.

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Single Family Active

Price

$ 1,395,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.62

Year Built

1991

Town/City

Lake Toxaway

County/Region

Transylvania

MLS | Web ID

4377271

Features
General
Living Area 3135
Sewer Septic Installed
Heating Heat Pump
Cooling Central Air
Utilities Cable Available Electricity Connected Phone Connected
Appliances Dishwasher Electric Range Microwave Refrigerator Washer/Dryer Wine Refrigerator
HOA Fee 4085
Garage Spaces 2
Construction Materials Wood
Year Built 1991
View Golf Course
Levels One
Property Subtype Single Family Residence
Parcel Number 8512-86-1683-000
Elevation 3000
Waterfront Features Boat Ramp – Community
Assoc Fee Paid Per Annually
County Transylvania
New Construction N
Property Type Residential
HOA Y
Subdivision Name Lake Toxaway Estates
Garage Y/N Y
Full Baths 4
Directions From the main entrance follow West Club Blvd. to the first stop sign. Go straight through to continue onto Chestnut Trace. At the next stop sign turn right. Go through the next stop sign then cros
High School Unspecified
City Lake Toxaway
Association Name LTCA
Senior Community Y/N N
Lot Size Units Acres
Carport Spaces 2
Carport Y/N Y
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Standard Status Active
Construction Type Site Built
Tax Assessed Value 870080
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Interior
Basement Exterior Entry Full Interior Entry Walk-Out Access Walk-Up Access
Flooring Slate Vinyl Wood
Fireplace Features Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 1968
Half Baths 0
Laundry Features Laundry Room Main Level
Total Bedrooms 4
Below Grade Finished Area 1167
Total Baths 4
SqFt Main 1968
SqFt Lower 0
SqFt Garage 649
SqFt Upper 0
Bedroom 3
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Exterior
Parking Features Attached Carport Driveway Garage Faces Side
Water Source Well
Lot Size Area 0.62
Foundation Details Crawl Space
Road Surface Type Concrete Paved
Road Responsibility Private Maintained Road
Main Level Garage YN N
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Internal Only
Street Number 1 516
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* Excluded Features
List By
Lake Toxaway Co.

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$9,635
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Monthly Principal & Interest
$9,635
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Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History
DatePricePrice ChangeDescription
5/2/2026$1,395,000 Listed Price

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516 Cherokee Trace, Lake Toxaway, NC, 28747 is a Single Family Home for sale at $1,395,000 with 3,135 sqft and a lot size of 0.62. 516 Cherokee Trace has 4 bedrooms, 4.0 baths, and was built in 1991. The property's zip code is 28747 which is in Lake Toxaway, NC