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Residential Land with Home for Sale in Lake Toxaway, North Carolina

Transylvania County, Lake Toxaway, NC 28747

$550,000
1.66 acres
Active
ago
Est $2,891/mo

BACK ON THE MARKET! Breathtaking, panoramic views of Toxaway Falls greet you from the expansive deck of 274 Whetstone Gap Road-a rare opportunity to own a home in one of the most scenic corners of Western North Carolina. Built in 1970 with a smart, flowing floor plan, this home is the perfect canvas for your vision. The full, unfinished basement provides tremendous potential to expand your living space and create the mountain retreat of your dreams. Ideally situated just minutes from Lake Toxaway, this property offers all the natural beauty of the region without the burden of high HOA fees-and with the freedom to short-term rent, giving you exceptional flexibility for personal use and investment. Additionally, the home conveys with two adjoining lots and directly borders Gorges State Park, ensuring unmatched privacy, protected natural surroundings, and endless outdoor adventure right outside your door.

Sq feet
3
Beds
2
Full baths
1
1/2 bath
1970
Built

Location

Community
Whetstone Gap
Elevation
2,926 feet
Coordinates
35.1203, -82.9222

Directions

From downtown Brevard, take US Hwy 64 W for about 14.5 miles. Turn left on Whetstone Gap Rd. Home is on the right.

Property details

Acreage
1.66 acres
MLS #
HCBOR 1002449
Posted

Property taxes

2025
$2,024 - WHETSTONE GAP RD

Expenses

Home Owner Assessments Fee
$325 annually

Parcels

  • 8522-71-4970-000

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

View
Mountains
Features
Borders National Forest, Rolling Slope, Views

Exterior

Parking
Driveway, Garage, Underground/Basement
Pool
Deck, Patio

Structure

Stories
2
Water
Well
Sewer
Septic Tank
Heating
Heat Pump
Cooling
Central Air
Roof
Shingle

Interior

Rooms
Basement, Bathroom x 3, Bedroom x 3, Dining Room, Laundry Room, Utility Room
Flooring
Carpet, Tile
Appliances
Dryer, Electric Water Heater, Refrigerator, Washer
Features
Walk In Closets

Listing history

DateEventPriceChangeSource
Jan 16, 2026New listing$550,000HCBOR
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This 1.66-acre property is located in Lake Toxaway, NC 28747. The property is available for sale for $550,000. It has a 3 bedroom, 2 bath house built in 1970.

Checked 4 hours ago — Updated

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Copyright (C) 2026 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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