Google satellite image for 587 Summit Ridge Rd, Lake Toxaway, NC 28747

Off market dec 1993 for $252K

$4,478,312

Est. refi paymentEst. refi $1,703/mo

•

5 ba

•

7,125

sq ft

587 Summit Ridge Rd, Lake Toxaway, NC 28747

About this home

587 Summit Ridge Rd is a 7,125 square foot house on a 5.93 acre lot with 6 bedrooms and 5 bathrooms. - it last sold on December 01, 1993 for $252,500. Based on Redfin's Lake Toxaway data, we estimate the home's value is $4,478,312.

Single-familyProperty Type

1994Year Built

5.93 acresLot Size

$629Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$4,478,312

$4.2M since sold in December 1993$439K since September

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 24.7% higher than the average sale price ($3.59M) of 6 comparable homes.

SOLD JUN 29, 2026
$2,500,000
A
3 beds5 baths5,005 sq ft
251 Toxaway Ct, Lake Toxaway, NC 28747
SOLD SEP 1, 2026
$8,000,000
B
6 beds7.5 baths— sq ft
1747 Cold Mountain Rd, Lake Toxaway, NC 28747
SOLD AUG 3, 2026
$1,125,000
C
3 beds4.5 baths3,224 sq ft
147 Club Colony Ln, Lake Toxaway, NC 28747
SOLD SEP 1, 2026
$6,650,888
D
4 beds4.5 baths5,827 sq ft
341 Mills Creek Pt, Lake Toxaway, NC 28747
SOLD AUG 10, 2026
$1,500,000
E
3 beds4 baths— sq ft
721 Lakeside Dr, Lake Toxaway, NC 28747
SOLD JUL 15, 2026
$1,772,000
F
4 beds4.5 baths— sq ft
280 Club Dr, Sapphire, NC 28774

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Earn from this home

Sell

$4,219,172

Est. take-home

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Est. cash available

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Rent

$4,366/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

93.5%

+1.9% MoM

Median sale price

$1.1M

$170K MoM

Avg. days on market

77d

20 days MoM

Recently sold homes

2 MoM

New listings for sale

NEW 28 HRS AGO
$410,000
3 beds1.5 baths1,404 sq ft
2586 Kim Miller Rd, Lake Toxaway, NC 28747
$342,500
2 beds2 baths1,105 sq ft
73 Toxaway Views Dr #304, Lake Toxaway, NC 28747
3D WALKTHROUGH
$4,995,000
4 beds5 baths4,924 sq ft
95 Cardinal Trce, Lake Toxaway, NC 28747
See all

Provided by Redfin

Sale history for 587 Summit Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2026

$22,908

$446,440 + $4,321,010

$4,767,450

2025

$22,908 (+30.4%)

$446,440 + $4,321,010

$4,767,450

2024

$17,568

$400,000 + $2,268,760

$2,668,760

2023

$17,568

$400,000 + $2,268,760

$2,668,760

2022

$17,568 (+0.8%)

$400,000 + $2,268,760

$2,668,760

2021

$17,435 (+3.6%)

$400,000 + $2,268,760

$2,668,760

2020

$16,830 (−1.3%)

$400,000 + $2,268,760

$2,668,760

2019

$17,054 (+22.2%)

$650,000 + $1,818,070

$2,468,070

2018

$13,954 (+1.2%)

$650,000 + $1,818,070

$2,468,070

2017

$13,794 (+0.4%)

$650,000 + $1,818,070

$2,468,070

2016

$13,744 (−5.2%)

$650,000 + $1,818,070

$2,468,070

2015

$14,503 (+0.2%)

$650,000 + $1,818,070

$2,468,070

2014

$14,476

Tax history for 587 Summit Ridge Rd

Year

Property tax

Land + Additions

Assessment*

2026

$22,908

$446,440 + $4,321,010

$4,767,450

2025

$22,908 (+30.4%)

$446,440 + $4,321,010

$4,767,450

2024

$17,568

$400,000 + $2,268,760

$2,668,760

2023

$17,568

$400,000 + $2,268,760

$2,668,760

2022

$17,568 (+0.8%)

$400,000 + $2,268,760

$2,668,760

2021

$17,435 (+3.6%)

$400,000 + $2,268,760

$2,668,760

2020

$16,830 (−1.3%)

$400,000 + $2,268,760

$2,668,760

2019

$17,054 (+22.2%)

$650,000 + $1,818,070

$2,468,070

2018

$13,954 (+1.2%)

$650,000 + $1,818,070

$2,468,070

2017

$13,794 (+0.4%)

$650,000 + $1,818,070

$2,468,070

2016

$13,744 (−5.2%)

$650,000 + $1,818,070

$2,468,070

2015

$14,503 (+0.2%)

$650,000 + $1,818,070

$2,468,070

2014

$14,476

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

Property details

Interior

Bathroom Information
# of Full Baths: 5

Heating & Cooling
Air Conditioning Type: Central

Fireplace Information
# of Fireplaces: 2
Fireplace Type: Massive 2 Openings
Has Fireplace

Exterior

Exterior Information
Foundation Type: Continuous Footing
Exterior Wall: Stone
Roof Covering Type: Slate/Tile
Roof Shape Type: Irregular
Building Type: Single Family

Property Information
Subdivision Name: TOXAWAY SUB PH IV
Living Sq. Ft: 7,125
Legal Description: P 4 L01R1 SUMMIT RIDGE 5.86

Lot Information
# of Buildings: 1
Land Sq. Ft: 258,199
Legal Lot Number: 16
Fire District: LAKE TOXAWAY FIRE
Municipality Name: HOGBACK
Acres: 5.93
County Use Description: SING FAM RES

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 6
Baths: 5.0
Sq. Ft.: 7,125
Stories: —
Lot Size: 5.93 acres
Style: Single Family Residential
Year Built: 1994
Year Renovated: 1995
County: Transylvania County
APN: 8512-28-1051-000

Home facts updated by county records on Aug 4, 2026

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 • 4.9mi

4/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

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

$4.26M – $5.15M

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Nearby similar homes

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4 beds4.5 baths— sq ft

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New listings for sale in 28747

NEW 28 HRS AGO

$410,000

3 beds1.5 baths1,404 sq ft

2586 Kim Miller Rd, Lake Toxaway, NC 28747

$342,500

2 beds2 baths1,105 sq ft

73 Toxaway Views Dr #304, Lake Toxaway, NC 28747

3D WALKTHROUGH

$4,995,000

4 beds5 baths4,924 sq ft

95 Cardinal Trce, Lake Toxaway, NC 28747

Home values near 587 Summit Ridge Rd

Data from public records.

Address	Redfin Estimate
712 Summit Ridge Rd, Lake Toxaway, NC 4 Beds \| 4.5 Baths \| 8563 Sq. Ft.	$3,416,009
84 Summit Ridge Rd, Lake Toxaway, NC 4 Beds \| 4 Baths \| - Sq. Ft.	$2,038,080

Address	Redfin Estimate
589 Summit Ridge Rd, Lake Toxaway, NC 4 Beds \| 5 Baths \| 5095 Sq. Ft.	$3,648,893
351 Summit Ridge Rd, Lake Toxaway, NC 3 Beds \| 4 Baths \| - Sq. Ft.	$1,248,246

Address	Redfin Estimate
558 Summit Ridge Rd, Lake Toxaway, NC - Beds \| 4 Baths \| 5167 Sq. Ft.	$1,994,874
473 Summit Ridge Rd, Lake Toxaway, NC 5 Beds \| 4.5 Baths \| - Sq. Ft.	$3,476,090

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About this home

Redfin Estimate

Earn from this home

Market trends in 28747, NC

Sale history for 587 Summit Ridge Rd

Tax history for 587 Summit Ridge Rd

Property details

Around this home

Schools

Lifestyle

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 28747

Home values near 587 Summit Ridge Rd

More real estate resources