Lot 5 Hiwassee Road # 5
Lake Toxaway, NC, 28747 $ 45,000
Bedrooms-- Baths0.0 Monthly Estimate*
$ 311
for $45,000. The lot size is 0.5.
Indian Lake Estates is a private, serene mountain community located in Lake Toxaway, NC, conveniently between Brevard and Cashiers. It spans 200 forested acres and sits at an elevation ranging from 3,100 to 3,400 feet. The community has its own water system, monitored by the NC Department of Environment & Natural Resources, and managed by a local water company. There are no meters; the annual assessment covers this cost. The community also has underground utilities and well-maintained paved roads. Residents enjoy private access to Waterfront Park with picnic tables, a grill, boat storage, and a dock; two-acre Rainbow Lake; and nine-acre Indian Lake. A year-round flowing stream crossing Slick Fisher Road feeds Rainbow Lake, and Indian Lake is fed by Indian Creek, two smaller streams, and Rainbow Lake. The lakes are stocked with bass, trout, bream, catfish, and other fish, making them perfect for fishing, non-motorized boating, and swimming. With the Blue Ridge Mountains as your background, over 150 feet of lake frontage, and direct lake access, Lot 5 on Hiwassee Road delivers the best of both worlds in western North Carolina. This lakefront lot offers the perfect canvas for building your dream mountain getaway or year-round retreat. The County has an expired three-bedroom septic record on file. The Lake Toxaway Community Center is close by and features a paved walking track, tennis courts, a basketball court, covered picnic tables, a playground, and a recently remodeled building perfect for small gatherings. Outside Indian Lake Estates, you are not far from hundreds of waterfalls, world-class hiking, biking, and fishing, farm-to-table dining, boutique shopping, live local music, and more. Don't miss this incredible opportunity to secure your own slice of the Blue Ridge Mountains in Western North Carolina with lakefront living, vibrant mountain communities, outdoor adventure, and the arts, culture, and history. Check out the Interactive Aerial Image by copying and pasting the following link: https://mls.kuu.la/share/LHPBZ?fs=1&vr=0&sd=1&gyro=0&autorotate=0.04&thumbs=-1&keys=0
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FeaturesGeneralSewer Septic Needed
Utilities Underground Utilities
Zoning None
HOA Fee 840
View Water
Unit Number 5
Property Subtype Lot
Parcel Number 8523-46-1611-000
Elevation 3000
Waterfront Features Boat Slip – Community Other - See Remarks
Community Features Boat Storage Lake Access Picnic Area Other
Assoc Fee Paid Per Annually
County Transylvania
Property Type Land
HOA Y
Subdivision Name Indian Lake Estates
Possible Use Residential
Directions From US-64 turn onto Blue Ridge Road. Continue for 1.4 miles. Slight left onto Slick Fisher Road. Turn right to stay on Slick Fisher Road. Continue for 1.2 miles. Turn right onto Indian Lake Road. Co
High School Unspecified
City Lake Toxaway
Body of Water Indian Lake
Association Name Indian Lake Club Board of Directors
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
Virtual Tour https://mls.kuu.la/share/LHPBZ?fs=1&vr=0&sd=1&gyro=0&autorotate=0.04&thumbs=-1&keys=0 https://mls.kuu.la/share/LHPBZ?fs=1&vr=0&sd=1&gyro=0&autorotate=0.04&thumbs=-1&keys=0
Standard Status Active
Restrictions Other - See Remarks
Tax Assessed Value 20000
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ExteriorLot Features Sloped Wooded Views Waterfront
Water Source Community Well
Lot Size Area 0.5
Road Surface Type Paved
Road Frontage Type Private Road
Road Responsibility Private Maintained Road
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InteriorBelow Grade Finished Area 0
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* Excluded FeaturesList ByLooking Glass RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $311
- 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.
Learn more about how to save NearbyLots and land listings in Lake Toxaway, NC
Average List Price $513,274
Percent of Sale Price 1,041%
About Lake Toxaway, NC 2,645 Population
36% Since 2002
$ 44,271 Median Income
48.04 Median Age
15% Households with Children
Trends Information provided by ATTOM Data Solutions.
1081546 Elementary School
1081540 Middle School
Unspecified High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/23/2026 | $45,000 | | Listed Price |