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    500 Winding Gap Rd Lake Toxaway, NC 28747

    For Sale
    Contact for pricing

    Prime NC mountain land; multiple development options.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 32.27-acre property, located at 500 Winding Gap Rd, Lake Toxaway, NC 28747 (APN: 8514-76-6162-000, 8514-85-1922-000, 8524-04-2973-000), presents a unique investment opportunity in Transylvania County. Zoned for residential use, the land offers breathtaking views and proximity to numerous natural attractions, including Dismal Falls, the French Broad River, Gorges State Park, and several stunning waterfalls. The site currently features sixteen existing buildings totaling over 18,000 square feet, providing a solid foundation for various development scenarios. Envision a thriving single-family home community, a captivating event venue, a luxurious glamping retreat, or a vibrant summer camp – the possibilities are vast. Conveniently located less than 30 minutes from Brevard and Cashiers, and approximately one hour from Asheville, this property enjoys exceptional accessibility while retaining its secluded mountain charm. This is a rare chance to acquire a substantial parcel of land with significant development potential in a highly desirable location. The property's size and existing structures make it an attractive proposition for investors seeking a high-return project in a picturesque setting.

    Property Features for 500 Winding Gap Rd

    General Information

    Property type
    Land
    Lot Size
    1,405,681 SF

    HighLights

    • 32.27‑acre residential land parcel in Lake Toxaway, NC.
    • Located in Transylvania County, NC, with address 500 Winding Gap Rd, zip code 28747.
    • APN: 8514‑76‑6162‑000, 8514‑85‑1922‑000, 8524‑04‑2973‑000.
    • Zoned Residential.
    • Offers multiple development opportunities including single‑family homes, event venue, glamping, or summer camp.
    Property Profile Location Intelligence

    Current Use by Public Records

    Trails Carolina Mental Health Service

    Map

    City
    Lake Toxaway
    County
    Transylvania
    State
    North Carolina
    Longitude
    -82.9566621
    Latitude
    35.1856532

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    FAQs

    What type of property is this?
    Land - Prime NC mountain land; multiple development options.
    Where is this land located?
    The property is located at 500 Winding Gap Rd Lake Toxaway, NC.
    What are key features of this property?
    This property features: 32.27-acre residential land parcel in Lake Toxaway, NC.; Located in Transylvania County, NC, with address 500 Winding Gap Rd, zip code 28747.; APN: 8514-76-6162-000, 8514-85-1922-000, 8524-04-2973-000.
    (704) 345-8209
    Request Owner's contact information
    500 Winding Gap Rd 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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    500 Winding Gap Rd Lake Toxaway, NC 28747
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