1580 Fairway Drive, Lake Toxaway, NC
$1,200,000 · 3 bedrooms · 3 baths · 2,554 sq ft · built 1996
Listing courtesy of Lake Toxaway Co. (Kenneth McCall). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.








About the home
Tucked within the natural beauty of Lake Toxaway Estates, this thoughtfully updated mountain home offers a comfortable blend of modern style and relaxed mountain living. Located just over a mile from the Lake Toxaway Country Club and marina, the property provides both convenience and a peaceful, wooded setting. The home features 3 bedrooms and 3 baths, along with a versatile bonus room anchored by a cozy fireplace—perfect for additional living space, a media room, or guest overflow. Recent updates to the kitchen and appliances, along with a beautifully renovated primary bath, bring a fresh, mountain-modern feel while maintaining a warm and inviting atmosphere throughout. Outdoor living is equally appealing, with a fenced yard ideal for pets or play, and a firepit area designed for enjoying cool mountain evenings. A detached two-car carport includes additional workshop space, offering flexibility for storage or hobbies. A whole-home Kohler generator provides added peace of mind year-round. Offered mostly furnished (with a few exceptions), this home presents a turnkey opportunity to enjoy the Lake Toxaway lifestyle—whether as a full-time residence or a mountain retreat.
Price in context
- Asking $470 per square foot.
- That is 37% below the $744 median across 16 active $1.5M+ homes in Lake Toxaway.
- 15th highest asking price of 16 active $1.5M+ homes in Lake Toxaway.
- 9th largest by living area of the 10 with a recorded size.
- No price changes since it was listed.
- 14 days on the market, listed 2026-04-01.
- County tax assessment $1,048,200; the asking price is 1.14× the assessed value.
- HOA dues $4,085 (annually).
Location
Neighborhood: Lake Toxaway Estates, Transylvania County, ZIP 28747.
Assigned schools
- Elementary: T.C. Henderson
- Middle: Rosman
- High: Rosman
School assignments come from the listing and can change; confirm with the district.
Features
- Levels
- One and One Half
- Construction
- Stone, Wood
- Bathrooms
- 3 full
- Fireplace
- Yes
- Interior
- Built-in Features, Open Floorplan, Split Bedroom, Walk-In Closet(s)
- Flooring
- Carpet, Tile, Wood
- Kitchen & appliances
- Dishwasher, Disposal, Freezer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer/Dryer
- Heating
- Forced Air
- Cooling
- Heat Pump
- Parking
- Detached Carport, Driveway, Shared Driveway
- Exterior
- Fire Pit
- Waterfront
- Boat Ramp – Community
- Community
- Lake Access, Picnic Area, Playground, Pond, Walking Trails
- County
- Transylvania
Comparable homes on the market
- 228 Mills Creek Trace, Lake Toxaway — $2,975,000, 4 bd, 4,478 sq ft, also in Lake Toxaway Estates
- Tbd Fairway Drive, Lake Toxaway — $1,100,000, also in Lake Toxaway Estates
- 770 Meadow Ridge Drive, Lake Toxaway — $3,600,000, 5 bd, 5,181 sq ft, also in Lake Toxaway Estates
- D51-52 North Club Boulevard #D51-52, Lake Toxaway — $3,800,000, 0.2 mi away
- 46 Mills Creek Drive, Lake Toxaway — $3,450,000, 4 bd, 6,402 sq ft, 0.3 mi away
- 516 Cherokee Trace, Lake Toxaway — $1,395,000, 4 bd, 3,135 sq ft, 0.7 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.