46 Mills Creek Drive, Lake Toxaway, NC

$3,450,000 · 4 bedrooms · 7 baths · 6,402 sq ft · built 2001

Listing courtesy of Fisher Realty,Sapphire/Toxaway (Amanda Jennings Gravley). Listing data provided by Canopy MLS, deemed reliable but not guaranteed.

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About the home

Discover a remarkable residence that embodies timeless mountain architecture, gracefully set on approximately 2.63 level acres along Little Mills Creek, with sweeping views of the Lake Toxaway Country Club golf course. Thoughtfully designed to balance sophistication and comfort, this custom home offers over 6,000 square feet of inviting living space within a private, tranquil setting. Its position along the course provides both scenic beauty and effortless access to the club, marina, and the iconic Greystone Inn. The interior is tailored for both everyday living and memorable gatherings, featuring four ensuite bedrooms, two additional full baths, and a collection of flexible bonus spaces ideal for guests or quiet retreats. Expansive living areas unfold throughout the home, anchored by seven striking stone fireplaces that add warmth and architectural presence. Antique heart pine floors and finely crafted details lend a sense of authenticity and enduring quality. The lower level offers generous additional living space, while a large bonus room above the three-car garage—complemented by an attached carport—creates further opportunities for recreation or hosting. Outdoors, the property invites relaxation and connection to nature, with a broad lawn, gently flowing creek, and generous deck space designed for entertaining or quiet enjoyment. The result is a private mountain sanctuary, just moments from the area’s most coveted amenities.

Price in context

  • Asking $539 per square foot.
  • That is 45% below the $982 median across 6 active $1.5M+ homes in Lake Toxaway.
  • 6th highest asking price of 6 active $1.5M+ homes in Lake Toxaway.
  • Largest by living area of the 6 with a recorded size.
  • No price changes since it was listed.
  • 25 days on the market, listed 2026-04-03.
  • County tax assessment $2,875,510; the asking price is 1.20× 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

School assignments come from the listing and can change; confirm with the district.

Features

Levels
Two and a Half
Construction
Stone, Wood
Roof
Architectural Shingle
Bathrooms
6 full, 1 half
Basement
Finished
Fireplace
Yes
Flooring
Carpet, Stone, Tile, Wood
Kitchen & appliances
Bar Fridge, Dishwasher, Ice Maker, Propane Water Heater, Refrigerator, Washer/Dryer
Heating
Central, Ductless, Heat Pump, Propane
Cooling
Ductless, Heat Pump
Garage
2 spaces
Parking
Attached Carport, Driveway, Attached Garage
Waterfront
Boat Ramp – Community, Boat Slip – Community, Paddlesport Launch Site - Community, Dock
View
Golf Course, Year Round
Lot
On Golf Course, Private, Creek/Stream, Views
Community
Lake Access, Picnic Area, Playground, Pond, Walking Trails
County
Transylvania

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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.