770 Meadow Ridge Drive, Lake Toxaway, NC
$3,600,000 · 5 bedrooms · 6 baths · 5,181 sq ft · built 2000
Listing courtesy of Lake Toxaway Co. (Ross Hyett). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.
Positioned across seven private acres within the Meadow Ridge enclave, this estate offers a rare vantage point overlooking Cold Mountain and the Blue Ridge Parkway. Constructed in 2000, the residence encompasses 5,181 square feet of living space, defined by a deliberate use of native stone, limestone, and antique heart of pine. The five-bedroom floor plan is thoughtfully divided, featuring separate guest quarters with a kitchenette and a main house characterized by vaulted ceilings and three distinct stone fireplaces. Beyond the six bathrooms and fitness suite, the property is engineered for seclusion, utilizing a whole-home generator and Starlink connectivity to maintain modern standards in a rugged environment. Within the Lake Toxaway submarket, high-elevation parcels of this scale—inclusive of three original lots—are increasingly scarce, representing a significant land holding for the region. The grounds are further distinguished by professional landscaping, a natural stream, and a waterfall. Private viewings and further details regarding the Meadow Ridge assembly may be arranged through Peters & Associates.
About the home
Best Mountain Views in Lake Toxaway! Experience refined mountain living on three outstanding Meadow Ridge lots spanning over 7 private acres with panoramic views of Cold Mountain, Panthertail Mountain, and the Blue Ridge Parkway. This exceptional 5-bed, 7-bath estate blends luxury and comfort with vaulted ceilings, custom woodwork, and three impressive native stone fireplaces. The main house features a spacious eat-in kitchen with granite countertops and limestone floors, antique heart of pine floors, along with a fitness room and multiple living spaces designed for relaxation and entertaining, all with stunning views. Outdoor living shines with two entertainment terraces, an open area for seating around a native stone fireplace with sweeping mountain views, a covered passage between main home and garage/guest quarters, and professionally landscaped grounds complete with a stream and waterfall. The separate light-filled guest quarters above the garage includes a full bath and kitchenette, and large windows with breathtaking views—perfect for hosting visitors. Modern conveniences include reliable Starlink internet that is connected to the whole-home generator, ensuring comfort and connectivity in every season. Every detail has been carefully considered to create a peaceful, elegant retreat. Offered fully furnished with some exceptions, this home is the pinnacle of fine mountain living.
Price in context
- Asking $695 per square foot.
- That is 29% below the $982 median across 6 active $1.5M+ homes in Lake Toxaway.
- 5th highest asking price of 6 active $1.5M+ homes in Lake Toxaway.
- 4th largest by living area of the 6 with a recorded size.
- No price changes since it was listed.
- 73 days on the market, listed 2025-07-31.
- County tax assessment $3,133,580; the asking price is 1.15× the assessed value.
- HOA dues $9,143 (annually).
Location
Neighborhood: Lake Toxaway Estates, Transylvania County, ZIP 28747.
Features
- Levels
- Two
- Construction
- Wood
- Bathrooms
- 6 full
- Basement
- Finished
- Fireplace
- Yes
- Flooring
- Carpet, Tile, Wood
- Kitchen & appliances
- Dishwasher, Double Oven, Gas Range, Refrigerator, Tankless Water Heater, Wall Oven, Washer/Dryer
- Heating
- Floor Furnace, Propane
- Cooling
- Central Air
- Garage
- 1 spaces
- Parking
- Driveway, Garage Faces Front
- Waterfront
- Boat Ramp – Community
- View
- Long Range, Mountain(s)
- County
- Transylvania
Comparable homes on the market
- 132 Red Bird Circle, Lake Toxaway — $4,190,000, 4 bd, 3,275 sq ft, also in Lake Toxaway Estates
- 138 Indian Trace, Lake Toxaway — $9,500,000, 4 bd, 5,608 sq ft, also in Lake Toxaway Estates
- 96 Moltz Court, Lake Toxaway — $3,695,000, 3 bd, 4,659 sq ft, also in Lake Toxaway Estates
- 46 Mills Creek Drive, Lake Toxaway — $3,450,000, 4 bd, 6,402 sq ft, 1.4 mi away
- 64 Bee Tree Way, Lake Toxaway — $6,750,000, 4 bd, 5,766 sq ft, 2.4 mi away
- 280 S Broad Street, Brevard — $4,160,000, 14.7 mi away
See it privately
Nicholas and Miriam Peters show every home personally. Peters & Associates, 4401 Barclay Downs Dr #132, Charlotte, NC 28209. Office 704-264-4572. Request a private showing.