Lot 42 Spencer Lane # MR42 Lake Toxaway, NC $ 499,000
Lot 42 Spencer Lane # MR42
$ 499,000
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Lot 42 Spencer Lane # MR42

Lake Toxaway, NC, 28747
$ 499,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 3,446

Lot 42 Spencer Lane # MR42, Lake Toxaway, NC 28747 - Image 1
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Lot 42 Spencer Lane # MR42, Lake Toxaway, NC 28747 - Image 8
Lot 42 Spencer Lane # MR42, Lake Toxaway, NC 28747 - Image 9
Lot 42 Spencer Lane # MR42, Lake Toxaway, NC 28747 - Image 10
Lot 42 Spencer Lane # MR42, Lake Toxaway, NC 28747 - Image 11
Lot 42 Spencer Lane # MR42, Lake Toxaway, NC 28747 - Image 12
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Lot 42 Spencer Lane # MR42, Lake Toxaway, NC 28747 - Image 17

Lots and Land for sale in Lake Toxaway, NC

for $499,000. The lot size is 4.36.

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.

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Lots and Land Active

Price

$ 499,000

Property Type

Lots and Land

Taxes

$ 0

Style

Lot

Lot Size

4.36

Town/City

Lake Toxaway

County/Region

Transylvania

MLS | Web ID

4400649

Features
General
Sewer Septic Needed
View Golf Course Long Range Mountain(s) Water Year Round
Unit Number MR42
Property Subtype Lot
Parcel Number 8513-03-1314-000
Elevation 3500
Waterfront Features Boat Ramp
Community Features Lake Access Picnic Area Playground Walking Trails
County Transylvania
Property Type Land
HOA Y
Subdivision Name Lake Toxaway Estates
Possible Use Residential
Directions US 64 to West Club Blvd; Straight through at stop sign onto Chestnut Trace; Left on Fairway Drive; Left onto Toxaway Drive; Left onto Meadow Ridge Road; Left onto Panthertown Drive; Lot 42 is on the
High School Unspecified
City Lake Toxaway
Body of Water Lake Toxaway
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N N
Lease Considered Y/N N
Standard Status Active
Restrictions Architectural Review Deed Manufactured Home Not Allowed Subdivision
Tax Assessed Value 334810
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Exterior
Lot Features Corner Lot Views
Water Source Well Needed
Lot Size Area 4.36
Road Surface Type Paved
Road Frontage Type Private Road
Road Responsibility Private Maintained Road
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Interior
Below Grade Finished Area 0
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* Excluded Features
List By
Hazel R. Fisher & Associates

Broker

Affordability Calculator

$3,446
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,446
Monthly Property Taxes
--
Monthly Home Insurance
--
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
7/5/2026$499,000 Listed Price

Map


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Lot 42 Spencer Lane # MR42, Lake Toxaway, NC, 28747 is a Lots and Land for sale at $499,000 with a lot size of 4.36. Lot 42 Spencer Lane # MR42 has 0.0 baths. The property's zip code is 28747 which is in Lake Toxaway, NC