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    lot 1A & 1B Cardinal Dr Lake Toxaway, NC 28747

    For Sale
    $1,500,000

    LAND - Lake Toxaway, NC

    Lot size:
    48.91 Acres
    Days on Market:
    40
    Last Refresh:
    Dec 9 at 8:06 am

    Property Features for lot 1A & 1B Cardinal Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    8513-45-4619-000
    Lot size
    48.91 Acres

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well
    Water front features
    River Front, Waterfront
    Water front
    1

    FISHER REALTY SAPPHIRE/TOXAWAY (828) 966-9290 [email protected]

    Listing agent Amanda Jennings Gravley (828) 966-9290

    Listing date Oct 31, 2025

    MLS# 1001885 Listing URL

    Copyright © 2025 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.

    Overview

    Lake Toxaway Land Parcel

    This spectacular 48.91 +/- acre parcel is located in Lake Toxaway Estates, adjoining the Toxaway River greenway. The property offers an elevated view over Lake Cardinal and Lake Toxaway. It features paved frontage with power available to the property and multiple building sites. The location is just minutes from the Lake Toxaway Country Club, marina, and Greystone Inn. This rare opportunity allows for four residential building sites with the protection of surrounding conservation land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Spa & Massage Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Toxaway
    County
    Transylvania
    State
    North Carolina
    Longitude
    -82.96099645
    Latitude
    35.14681008

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    FAQs

    What type of property is this?
    Land - 48.91+/- acre parcel with views and multiple building sites.
    Where is this land located?
    The property is located at lot 1A & 1B Cardinal Dr Lake Toxaway, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Spectacular 48.91 +/- acre parcel with **elevated views over Lake Cardinal and Lake Toxaway.**; - Adjoins the Toxaway River greenway.; - Rare opportunity for **four residential building sites.**
    (828) 966-9290
    Request Owner's contact information
    lot 1A & 1B Cardinal Dr Lake Toxaway, NC 28747
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    lot 1A & 1B Cardinal Dr Lake Toxaway, NC 28747
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