Property listing for 157 Toxaway Views Dr #802, Lake Toxaway, NC 28747
ActiveCondominium / Townhome

$239,900

157 Toxaway Views Dr #802, Lake Toxaway, NC 28747

Turnkey 2-Bed, 2-Bath Lake Toxaway Condo with Private Garage

2 Bed · 2 Bath · 1,117 Sq Ft

Accessible single-level condo with sunroom, deck, and one-car garage.

2

Beds

2

Baths

1,117

Sq Ft

2001

Built

Condo (community lot)

Lot

Private one-car garage with storage

Garage

About 157 Toxaway Views Dr #802

Step into a practical mountain retreat designed for low-maintenance living and outdoor access. This spacious 2-bedroom, 2-bath unit at 157 Toxaway Views Dr #802 provides 1,117 square feet of single-level living with a private one-car garage and additional storage — an uncommon convenience for Lake Toxaway condominiums. The living room centers on a wood-burning fireplace that creates a comfortable gathering spot for cool mountain evenings, while a connected sunroom and generous deck expand the living area and invite seasonal views of the surrounding cedars and hardwoods.

The floor plan flows easily from the entry into an open living and dining area, with neutral finishes throughout that allow you to personalize without a full renovation. The primary suite includes a full bath and closet space, and a second bedroom plus hall bath provide comfortable accommodations for guests. Practical features — including a no-step interior layout and the convenience of a deeded garage — make this unit attractive to downsizers and owners seeking a true lock-and-leave property.

Toxaway Views is an ownership-focused community that maintains a minimum 30-day rental policy, which helps preserve a residential atmosphere while still allowing long-term rental income potential. Monthly ownership costs are intentionally lower than many amenity-heavy developments in the region, offering a streamlined financial profile for owners who prefer access to nature over extensive on-site amenities.

Located minutes from Lake Toxaway, Gorges State Park, Sapphire Valley golf, and the arts and dining of Brevard, this condo is well-situated for outdoor recreation: hiking, waterfalls, lake outings, and summertime boating are all within easy reach. Whether you’re looking for a full-time mountain home, a seasonal pied-à-terre, or a long-term rental with sensible operating costs, this unit is a compelling, practical choice. Schedule a showing to confirm the garage and HOA details and see how well this property fits your Lake Toxaway plan.

Home Highlights

Private one-car garage — rare for local condosNo-step, single-level floor planSunroom plus deck for flexible livingOwner-focused community with 30-day rental minimumPriced at $239,900 — turnkey condition

Property Features

Interior Features

  • 2 bedrooms, 2 full bathrooms
  • 1,117 sq ft single-level living
  • Wood-burning fireplace in living area
  • Sunroom adjacent to living/dining
  • Neutral turnkey finishes

Exterior & Lot

  • Private outdoor deck off living area
  • Private one-car garage with storage
  • Set within Toxaway Views condominium community
  • Wooded, mountain setting with seasonal views

Location & Neighborhood

  • Minutes to Lake Toxaway (recreation & lake access)
  • Close to Gorges State Park hiking and waterfalls
  • Short drive to Brevard (shopping, dining, healthcare)
  • Near Sapphire Valley golf and outdoor amenities

Walkability & Recreation

  • Walkability Rating: 25/100
  • Primary access by car; neighborhood roads and shared parking
  • Excellent access to hiking, waterfalls, and lake activities

Neighborhood & Location

Lake Toxaway is a quiet mountain community defined by its lake, forested plots, and proximity to outdoor attractions. The area draws buyers looking for a slower pace — anglers, hikers, golfers, and owners of second homes who value privacy and scenic drives. Services are centered in nearby Brevard and Sapphire Valley, with larger retail and medical options available in Asheville to the north.

Market Insights

Lake Toxaway and the surrounding Transylvania County market attract buyers seeking nature access and a quieter mountain lifestyle compared with busier Asheville suburbs. Following the rapid pricing growth earlier in the decade, the market has normalized — inventory is higher than the pandemic lows and median single-family prices across the county sit in the low-to-mid $400k range. Condominiums and smaller mountain homes (2BR/2BA) trade in a lower band; competitively priced, turnkey condos with covered parking and low recurring fees remain sought after. Expect moderate days-on-market (roughly 45–75 days for similar listings), though well-priced, move-in-ready units in stable ownership communities can sell faster. With a list price of $239,900 and a private garage, this unit sits in a sweet spot for buyers seeking value and convenience in the Lake Toxaway area.

Nearby Schools

Rosman Elementary School

Elementary · 12-18 mi

7/10

Rosman Middle School / Brevard Middle School

Middle · 12-20 mi

7/10

Brevard High School

High · 15-25 mi

7/10

Walkability & Recreation

25
Walkability
90
Recreation

Excellent access to hiking, waterfalls, lake recreation and golf; ideal location for outdoor enthusiasts.

Investment Highlights

  • Private one-car garage with storage — uncommon for local condos
  • No-step interior and single-level living suitable for downsizers
  • Sunroom + deck extend living area for seasonal use
  • Ownership-focused community with 30-day minimum rental policy
  • Close to Gorges State Park, Lake Toxaway, Brevard and Sapphire Valley

Key Findings

  • 2 beds, 2 baths, 1117 sq ft; built 2001; listed at $239,900 (per Redfin scraped data).
  • Listing description references private garage and lower HOA than amenity-heavy developments.
  • Unit features wood-burning fireplace, sunroom, outdoor deck, and no-step interior.
  • Market estimate range $225k–$255k; price per sq ft ~ $215 (listing).
  • Community rental policy (30-day minimum) reduces short-term turnover.

Things to Consider

  • HOA status and monthly dues need verification — listing data inconsistent about HOA membership.
  • Utility connections (water/sewer/gas) are not confirmed; mountain properties often use septic or private systems.
  • Distance to schools and full-service amenities can be 15–25 miles; factor travel times for full-time residents.
  • Confirm condition of mechanicals, fireplace/chimney, and roof elements (standard pre-closing inspections recommended).

Opportunity Analysis

Acquire a low-maintenance mountain condo with garage and easy access to outdoor recreation; target buyers include downsizers, professionals seeking a second home, or investors focused on long-term rentals (30+ day minimum).

Potential Use Scenarios

  • For owner-occupiers: negotiate price near lower end of estimated band if inspection reveals maintenance items.
  • For investors: model cash flow assuming long-term rentals and limited short-term revenue due to 30-day minimum policy.
  • Confirm HOA docs early to uncover reserve balances, special assessments, and parking allocation.

Risk Factors

  • Potentially unknown HOA obligations and reserve shortfalls
  • Mountain weather impacts (winter access, storm damage) affecting maintenance costs
  • Limited short-term rental revenue due to 30-day minimum policy

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$225K

Midpoint

$240K

High

$255K

$215/SF estimated price per square foot

65% confidence

Estimate anchored to listing price of $239,900 and local market knowledge for Lake Toxaway area. No live comparable sales pull; value band +/- ~6% to account for condition, garage, sunroom, and community restrictions.

As of 2026-03-13

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$420,000
Avg Days on Market60 days
Inventory6 months
1-Year Appreciation+300.0%

Demographics

Population (1 mi)800
Median Income (1 mi)$65,000

Area attracts retirees, second-home buyers and outdoor recreation enthusiasts; seasonal population increases in summer and fall.

Nearby Points of Interest

  • Gorges State Park (approx 10-15 min)
  • Lake Toxaway (community lake, 5-10 min)

Close to outdoor recreation: hiking and waterfall access at Gorges State Park, boating and lakeside activities at Lake Toxaway, golf and dining in nearby Sapphire Valley and Brevard.

School District

DistrictTransylvania County Schools
ElementaryRosman Elementary School (approx 12-18 mi, Rating ~7/10)
MiddleRosman Middle School / Brevard Middle School (approx 12-20 mi, Rating ~7-8/10)
HighRosman High School or Brevard High School (approx 12-22 mi, Rating ~7/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built2001
Constructionwood frame
Stories1
Basementnone
FireplaceYes
Conditiongood

Lot & Site

Topographysloping
Parkingattached_garage_and_guest
Parking Spaces1

Utilities

Watercommunity or municipal (likely)
Sewerseptic or community sewer (unknown)
Electricconnected (likely Duke Energy or local provider)
Gaspropane or none (unknown)

Zoning & Land Use

DescriptionCondominium / residential association governed community (likely PUD/Condo designation under county land-use rules)
JurisdictionTransylvania County

Allowed Uses

Residential condominium unitsOwner occupied primary or secondary residenceMin 30 day rental policy restricts short term vacation rentals
Current Useresidential

Tax & Sale History

Tax Assessment

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