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Lake Toxaway Land Parcel
For Sale
$1,000,000

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

Land, Lake Toxaway, NC

Property SizeContact for details
Lot Size48.91 Acres
Days on Market410

Property Features for Cardinal Drive lot 1A & 1B

General Information

Property type Land
Property subtype Other
Subdivision Lake Toxaway Estates
Lot features Views, Wooded, Waterfront
View Mountains, Lake, River
Directions From US64, take Blue Ridge Road to left on Cold Mountain Road just after the Lake Toxaway Fire Station. Follow Cold Mountain Road to a left on North Club Boulevard and then right on Fairway Drive. Follow Fairway Drive to a right on Cardinal Drive and property is at the very end of the road.
Standard status Active
APN 8513-45-4619-000
Lot size 48.91 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 1A (REV) Cardinal Lake and 1B Toxaway River Drive
Tax Annual Amount 4307
HOA Fee $5,058 Annually
Legal Description Lot 1A (REV) Cardinal Lake and 1B Toxaway River Drive

Utilities

Sewer type Septic Needed
Water source Well
Water front features Waterfront, River Front
Water front 1
Listing Agency: Fisher Realty Sapphire/Toxaway
Listed By: Amanda Jennings Gravley · License #276630
Added: Sep 15, 2025 Changed: Oct 27 Last Checked: Oct 29 at 11:06PM
MLS# 1001885

Copyright © 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.

Rey
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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

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Suggested Use

Top Pick Spa & Massage Center Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 28747, NC

2,114
Population
1,864
Households
1.1
Avg Household Size
51
Median Age
28%
College-Educated
88%
High-School Grad
48.8 sq mi
ZIP Area
43
Density / Sq Mi
$60,405
Median Household Income
$38,539
Median Earnings
$256,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

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 Cardinal Drive lot 1A & 1B Lake Toxaway, NC.
What is the asking price?
The asking price for this property is $1,000,000.
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.**
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