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$1,395,000

Listing Price

4beds

4baths

3,135sqft

27,180sqft lot

516 Cherokee Trce, Lake Toxaway, NC 28747

Member Features

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  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

444.98

Price / sqft

1991

Year built

Home Details

Set in the heart of Lake Toxaways premier golf community, 516 Cherokee Trace offers an exceptional blend of comfort, convenience, with a view of Lakeside Mountain. This beautifully appointed home captures expansive vistas of the golf course, including a stunning perspective of Hole #16 and its pristine green-an ever-changing backdrop that can be enjoyed from multiple vantage points throughout the property.nThis 3,135 square foot residence features 4 bedrooms and 4 bathrooms, thoughtfully designed to provide both privacy and inviting gathering spaces. The interior is being offered furnished with select exceptions, allowing for an easy transition into mountain living.nIdeally located just moments from the club, this home combines accessibility with a sense of retreat. A two-car garage, along with an additional two-car carport, ensures ample parking and a covered, welcoming entrance for residents and guests alike.nWhether you're seeking a full-time residence or a mountain getaway, this property delivers scenic beauty, functional design, and a coveted location within one of Lake Toxaways most desirable settings. Membership to Lake Toxaway Country Club is based on application and availability.

Interior Details

Square Feet
  • 3135

Bedrooms
  • 4

Bathrooms
  • 4

Heating
  • Has Heating:

    No

  • Heating Type:

    N/A

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    Yes

  • Fuel Type:

    Electric

Basement
  • Has Basement:

    No

  • Basement Type:

    Basement (unspecified)

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Hardwood

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 27180

Water
  • No

Sewer
  • No

Parking
  • Type:

    N/A

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    N/A

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • N/A

Style
  • N/A

Exterior
  • Wood Siding

Foundation
  • N/A

Roof
  • Cathedral/clerestory

Roofing Material
  • Wood Shingle

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2020

$2,411

$105,000

$241,470

--%

$346,470

2019

$2,394

$105,000

$241,470

--%

$346,470

2018

$1,958

$105,000

$241,470

--%

$346,470

2017

$1,936

$105,000

$241,470

--%

$346,470

2016

$1,929

$105,000

$241,470

--%

$346,470

2013

$2,858

$0

$0

--%

$608,490

2013

$2,858

$140,000

$468,490

--%

$608,490

percent-home-icon

Average Home Price in 28747

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$1,395,000

4 Beds

4 Baths

3,135 Sqft

27,180 Lot (sqft)

Sold 10/05/2026

$1,285,000

3 Beds

5 Baths

3,309 Sqft

47,600 Lot (sqft)

Sold 10/05/2026

$799,000

4 Beds

4 Baths

3,485 Sqft

37,895 Lot (sqft)

Sold 09/29/2026

$1,195,000

3 Beds

4 Baths

3,133 Sqft

26,840 Lot (sqft)

Sold 09/29/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
1,395,000
$
Down payment
279,000
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
8,370
$
HOA (Monthly)
0
$
PMI
0
$
$9,030
Your Payment
Total Monthly Payment:$9,030
Percent of Income:155%
Affordable:No

Details for 516 CHEROKEE TRCE

Property Debt

Foreclosure Contact Details

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