OFF MARKET

Off market sep 2022 for $3.7M

$4,350,621

Est. refi paymentEst. refi $15,475/mo

•

2,698

sq ft

308 Island Point Rd, Lake Toxaway, NC 28747

About this home

Situated on the original site of the historic Toxaway Inn, this magnificent 5 BR, 4 BA one level home enjoys two flat lakefront sites with sweeping views of Lake Toxaway and Toxaway Mountain and 210 feet of lake frontage. This rare, park-like setting has a large flat back and side yard overlooking the lake, private dock, boathouse, and stone steps into the lake for easy access for swimming, boating, and paddle boarding. This home is well-maintained and features a beautiful paneled great room with massive stone fireplace overlooking the lake. The kitchen opens to a charming keeping room. Extensive outdoor entertaining space overlooking one of the finest views of Lake Toxaway.

Single-familyProperty Type

1966Year Built

1.25 acresLot Size

$1,613Est. Price/Sq.Ft.

2 car garageParking

Listed by Art Fisher • Fisher Realty - 10 Park Place

Contact: artfisher@fisherrealtync.com

Bought with Art Fisher • Fisher Realty - 10 Park Place

Redfin checked: a minute ago

•Source:CANOPYMLS as Distributed by MLS Grid #3880434

Redfin Estimate

$4,350,621

$601K since sold in September 2022$67K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 74.3% higher than the average sale price ($2.50M) of 6 comparable homes.

SOLD AUG 3, 2026
$1,125,000
A
3 beds4.5 baths3,224 sq ft
147 Club Colony Ln, Lake Toxaway, NC 28747
SOLD SEP 15, 2026
$1,155,000
B
4 beds4 baths2,551 sq ft
250 Fairway Dr, Lake Toxaway, NC 28747
SOLD MAR 13, 2026
$3,950,000
C
4 beds4.5 baths2,901 sq ft
324 West Club Blvd, Lake Toxaway, NC 28747
SOLD SEP 10, 2026
$2,500,000
D
3 beds3.5 baths3,442 sq ft
572 N East Shore Dr, Lake Toxaway, NC 28747
SOLD JUN 30, 2026
$3,300,000
E
3 beds4.5 baths3,634 sq ft
90 West Shore Dr, Lake Toxaway, NC 28747
SOLD MAR 9, 2026
$2,950,000
F
4 beds4.5 baths2,800 sq ft
568 W Club Blvd, Lake Toxaway, NC 28747

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Earn from this home

Sell

$1,327,811

Est. take-home

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Refinance

Est. cash available

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Rent

$4,194/mo

Redfin rental estimate

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Market trends in 28747, NC

Last updated September 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-list price

93.1%

0.5% MoM

Median sale price

$1.1M

$73K MoM

Avg. days on market

110d

33 days MoM

Recently sold homes

6 MoM

New listings for sale

NEW 17 HRS AGO
$3,250,000
3 beds2 baths— sq ft
7781 Silversteen Rd, Lake Toxaway, NC 28747
$199,900
1 bed1.5 baths— sq ft
135 Toxaway Views Dr #607, Lake Toxaway, NC 28747
$3,729,000
3 beds4 baths— sq ft
590 West Club Blvd, Lake Toxaway, NC 28747
$489,000
3 beds3 baths— sq ft
415 Shelton Rd, Lake Toxaway, NC 28747
See all

Provided by Redfin

Sale history for 308 Island Point Rd

Date

Event

Price

HCMLS #100378

Sep 29, 2022

Sold

$3,750,000

$1,390/sq ft

Jul 7, 2022

Listed

$4,250,000

$1,575/sq ft

+42

CANOPYMLS as Distributed by MLS Grid #3880434

Sep 29, 2022

Sold

$3,750,000

$1,390/sq ft

Aug 24, 2022

Contingent

—

Jul 7, 2022

Listed

$4,250,000

$1,575/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$14,787

$1,250,000 + $1,825,250

$3,075,250

2025

$14,786 (+40.3%)

$1,250,000 + $1,825,250

$3,075,250

2024

$10,542

$1,250,000 + $351,390

$1,601,390

2023

$10,542 (−0.5%)

$1,250,000 + $351,390

$1,601,390

2022

$10,595 (+0.7%)

$1,250,000 + $351,390

$1,601,390

2021

$10,517 (−12.7%)

$1,250,000 + $351,390

$1,601,390

2020

$12,053 (+0.7%)

$1,250,000 + $351,390

$1,601,390

2019

$11,970 (+22.2%)

$1,487,500 + $235,400

$1,722,900

2018

$9,797 (+1.1%)

$1,487,500 + $235,400

$1,722,900

2017

$9,687 (+0.4%)

$1,487,500 + $235,400

$1,722,900

2016

$9,649 (+0.9%)

$1,487,500 + $235,400

$1,722,900

2015

$9,560 (+0.2%)

$1,487,500 + $235,400

$1,722,900

2014

$9,540

Tax history for 308 Island Point Rd

Year

Property tax

Land + Additions

Assessment*

2026

$14,787

$1,250,000 + $1,825,250

$3,075,250

2025

$14,786 (+40.3%)

$1,250,000 + $1,825,250

$3,075,250

2024

$10,542

$1,250,000 + $351,390

$1,601,390

2023

$10,542 (−0.5%)

$1,250,000 + $351,390

$1,601,390

2022

$10,595 (+0.7%)

$1,250,000 + $351,390

$1,601,390

2021

$10,517 (−12.7%)

$1,250,000 + $351,390

$1,601,390

2020

$12,053 (+0.7%)

$1,250,000 + $351,390

$1,601,390

2019

$11,970 (+22.2%)

$1,487,500 + $235,400

$1,722,900

2018

$9,797 (+1.1%)

$1,487,500 + $235,400

$1,722,900

2017

$9,687 (+0.4%)

$1,487,500 + $235,400

$1,722,900

2016

$9,649 (+0.9%)

$1,487,500 + $235,400

$1,722,900

2015

$9,560 (+0.2%)

$1,487,500 + $235,400

$1,722,900

2014

$9,540

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

4.5

Stories

—

Lot width

—

Lot depth

—

Lot size

1.2 Acres

Year renovated

1990

Sq. Ft.

2,698

Year built

1966

Style

Single Family Residential

County

Transylvania County

APN

8522-37-3698-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 21, 2026.

Property details

Parking

Parking Information
Main Level Garage Y/N: 1
Parking Features: Attached Garage, Driveway, Garage - 2 Car

Interior

Bedroom Information
# of Bedrooms: 5

Bathroom Information
# of Full Baths (Total): 4

Laundry Room Information
Laundry Features: Main Level, Laundry Room

Fireplace Information
Fireplace Features: Keeping Room, Wood Burning

Heating & Cooling
Heating Information: Gas Hot Air Furnace, Heat Pump

Interior Features
Interior Features: Breakfast Bar, Built Ins, Cable Available, Cathedral Ceiling(s), Garage Shop, Open Floorplan, Pantry, Split Bedroom, Vaulted Ceiling, Walk-in Closet(s), Walk-In Pantry, Other
Appliances: Ceiling Fan(s), Electric Cooktop, Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Propane Cooktop, Refrigerator, Washer
Flooring: Tile, Wood

Exterior

Building Information
Construction Type: Site Built
Construction Materials: Wood Siding
Roof: Shingle

Exterior Features
Porch: Back,Covered,Deck,Enclosed Patio
Exterior Features: Other

Waterfront Information
Waterfront Features: Boat House, Dock, Other
Water Body Name: Lake Toxaway

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence

Lot Information
Lot Features: Lake On Property, Lake Access, Level, Long Range View, Mountain View, Paved, Wooded, Views, Waterfront, Year Round View, See Remarks
Lot Size Area: 1.25
Lot Size Units: Acres
Elevation: 3000
Road Surface Type: Gravel
Road Responsibility: Private Maintained Road
Zoning NCM: NONE

Utilities

Utility Information
Water Source: Well
Sewer: Septic Installed
Water Heater Information: Electric

Location

Multi-Unit Information
# of Units: 0
Restrictions: Architectural Review,Building,Deed,Livestock Restriction,Manufactured Home Not Allowed,Modular Not Allowed,Square Feet,Subdivision,Use

HOA Information
Association Name: IPM Corp
HOA Subject To Dues: Mandatory
HOA Subject To: Required
Association Fee: $2,562
Association Fee Frequency: Annually
Yearly HOA Expense: 2562.00

School Information
Elementary School: TC Henderson
Middle Or Junior High School: Rosman
High School: Rosman

Location Information
Directions: From US64, take Blue Ridge Road to left on Cold Mountain Road at the Lake Toxaway firehouse and immediate left onto Island Point Road. Follow Island Point Road to near the end and take a right. Home is on the left marked 308

Community Information
Community Features: Clubhouse, Fitness Center, Game Court, Golf, Lake, Outdoor Pool, Playground, Recreation Area, Security, Sport Court, Tennis Court(s), Walking Trails, Other

Public facts

Beds: 5
Baths: 4.5
Sq. Ft.: 2,698
Stories: —
Lot Size: 1.2 acres
Style: Single Family Residential
Year Built: 1966
Year Renovated: 1990
County: Transylvania County
APN: 8522-37-3698-000

Home facts updated by county records on Oct 21, 2026

Other

Home Information
Total Primary HLA: 2698
Living Area: 2698
Sq. Ft. Upper: 0
Sq. Ft. Third: 0
Sq. Ft. Main: 2698
Sq. Ft. Lower: 0
Building Area Total: 2698
Foundation Details: Crawl Space
Structure Type: One Story

Around this home

Schools

Some nearby schools may not be within this home's attendance zone. Please check the Transylvania County School District website to verify.

T C Henderson Elementary

Public PreK-5 • 2.8mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

2/10 Heat Factor

8 days above 97° expected this year, 20 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Lake Toxaway, NC • 28747

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 8.7 hours in June and 4.7 hours in December, placing it below the U.S. average for solar exposure.

8.7 hrs

4.7 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$4.13M – $5.00M

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New listings for sale in 28747

NEW 17 HRS AGO

$3,250,000

3 beds2 baths— sq ft

7781 Silversteen Rd, Lake Toxaway, NC 28747

Two cabins • Small ponds • Natural streams

$199,900

1 bed1.5 baths— sq ft

135 Toxaway Views Dr #607, Lake Toxaway, NC 28747

Mountain views • Gorges state park • Lake keowee

$3,729,000

3 beds4 baths— sq ft

590 West Club Blvd, Lake Toxaway, NC 28747

Lake view • Protected shoreline • Boathouse

$489,000

3 beds3 baths— sq ft

415 Shelton Rd, Lake Toxaway, NC 28747

Recently renovated • Added back porch • Unrestricted land

Home values near 308 Island Point Rd

Data from public records.

Address	Redfin Estimate
239 Island Point Road, Lake Toxaway, NC 3 Beds \| 3 Baths \| 3942 Sq. Ft.	$2,552,060
215 Island Point Road, Lake Toxaway, NC 4 Beds \| 3 Baths \| 4056 Sq. Ft.	$2,286,252

Address	Redfin Estimate
322 Island Point Road, Lake Toxaway, NC 4 Beds \| 5.5 Baths \| 5477 Sq. Ft.	$6,228,660
251 Island Point Road, Lake Toxaway, NC 4 Beds \| 2 Baths \| 2392 Sq. Ft.	$2,535,957

Address	Redfin Estimate
382 Island Point Road, Lake Toxaway, NC 5 Beds \| 6 Baths \| - Sq. Ft.	$10,722,282
307 Island Point Road, Lake Toxaway, NC 3 Beds \| 3.5 Baths \| - Sq. Ft.	$2,328,453

Property information provided by CANOPYMLS as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 28747, NC

Sale history for 308 Island Point Rd

Tax history for 308 Island Point Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28747

Home values near 308 Island Point Rd

More real estate resources