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.
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 28% below the $744 median across 15 active $1.5M+ homes in Lake Toxaway.
- 7th highest asking price of 15 active $1.5M+ homes in Lake Toxaway.
- Largest by living area of the 10 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
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
- 1580 Fairway Drive, Lake Toxaway — $1,200,000, 3 bd, 2,554 sq ft, 0.3 mi away
- D51-52 North Club Boulevard #D51-52, Lake Toxaway — $3,800,000, 0.4 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.