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78 Upper Tanglewood Rd #6, Lake Toxaway, NC, 28747

1beds
2baths
923sqft
$399,000
$432price/sqft
$2,537/moest. monthly cost
$101,480/yrincome needed

About This Home

Overlooking the pristine beauty of Lake Toxaway Falls, this fully-furnished condo, offers breathtaking waterfall views that you must see to believe. Given its unique setting, this condo has an immaculate short term rental history with raving reviews as numerous clients return year after year to enjoy the quaintness of this property. Conveniently located between Brevard, NC and Cashiers NC, it is the ideal retreat for all outdoor enthusiasts. Adjoining Gorges State Park and just a short distance from both Pisgah National Forest and Dupont State Forest, all of your hiking, biking, kayaking, skiing, ziplining, and fishing adventures are at your fingertips. As you enter, you will notice beautiful flooring, a fully equipped kitchen, an open concept living space, and a luxurious bedroom suite. Wind down with a relaxing fire in the living room or the bedroom as both have wood-burning fireplaces or embrace the sound of the falls as you enjoy your favorite beverage overlooking the unforgettable view. This turn key property also includes a queen sleeper sofa for additional sleeping accommodations.

Getting Around

16
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

3/10
T C Henderson ElementaryGrades PK-52.5 mi
8/10
Rosman MiddleGrades 6-86.4 mi
7/10
Rosman HighGrades 9-126.4 mi

Construction

Condition

  • Year built: 1988

Materials

  • Foundation: Permanent,Pillar/Post/Pier,Other - See Remarks
  • Construction materials: Wood

Type & Style

  • Home type: Condo
  • Architectural style: Other
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Oven,Microwave,Refrigerator,Washer
  • Laundry features: In Unit

Bathroom Full

  • Level: Main

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 1

Dining Area

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 923

Heating & Cooling

  • Heating features: Central,Heat Pump
  • Cooling features: Central Air

Interior Area

  • Total structure area: 923
  • Total interior livable area: 923 sqft

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Primary Bedroom

  • Level: Main

Property

Details

  • Parcel number: 8522426946406
  • Zoning: None
  • Special condition: Standard
  • Horse amenities: None

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Balcony,Covered,Rear Porch
  • Has view: Yes
  • View description: Long Range,Mountain(s),Water,Winter,Year Round
  • Has water view: Yes
  • Water view: Water
  • On waterfront: Yes
  • Waterfront features: Other - See Remarks,River Front,Creek/Stream,Waterfront
  • Waterbody name: Toxaway River

Lot

  • Features: Paved,Private,Sloped,Views,Waterfall

Parking

  • Parking features: Parking Lot,Parking Space(s)

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Landslide
Lightning

FEMA Declared Disasters in Transylvania County and North Carolina

Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$168$2,016
Property Taxes $152$1,824
Electricity $200$2,405
Total$2,537$30,444
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,982/yr
40% on housing$76,110/yr
45% on housing$67,653/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 5.5%
5.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$432This listing

vs Other Active Listings

Avg $/sqft

ZIP 28747$614
Transylvania County$348

vs Homes Sold Last Month

Median $/sqft

ZIP 28747$377
Transylvania County$291

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$399,000
2025-02-25Listing removed$399,000
2025-02-06Listed for sale$399,000

For Sale by Agent

AgentJake Raines
BrokeragePetit Properties Inc

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