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76 Upper Tanglewood Road #4, Lake Toxaway, NC, 28747

1beds
2baths
--sqft
$385,000
--price/sqft
$2,455/moest. monthly cost
$98,200/yrincome needed

About This Home

Turnkey Blue Ridge Mountains Investment Opportunity, a Private Retreat or Year-Round Residence in Lake Toxaway, NC. Sale Price $385,000 - Recently reduced by $10,000. This condo features a very spacious living area of 923 sq ft. It includes one large bedroom with additional sleeping accommodations for two in the living area, two full bathrooms, and all new kitchen appliances. This condo has been totally renovated in 2023 and offers the perfect low-maintenance residence with stunning views year-round overlooking the breathtaking Lake Toxaway Waterfall. Blending a cozy cabin style with modern comfort & new furnishings throughout, with upscale decor along with two stone fireplaces. (One out of six condos in this building) It is ideal as a full-time residence, vacation getaway, or an investment opportunity with no rental restrictions. Enjoy the beauty of all 4 seasons from your spacious living area(s) or step outside on your covered, furnished deck, sipping a cup of coffee or eating a delicious meal off your gas grill. Take advantage of the community heated pool as a plus! A rare combination of serenity, scenery, and flexibility in the heart of the Smoky Mountains, surrounded by quaint small towns & close to the Blue Ridge Parkway. It offers all the luxuries of a year-round residence, including an additional storage room in the basement. The condo was recently appraised at $417,000.00.

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: Block
  • Roof: Shingle
  • Construction materials: Wood Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Dryer,Washer/Dryer Stacked,Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Microwave,Oven,Range,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup,Main Level,Stacked

Bathroom1

  • Level: Main

Bathroom2

  • Level: Main

Bedroom1

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: Main

Features

  • Ceiling Fan(s),Granite Counters,Pantry
  • Flooring: Ceramic Tile,Wood
  • Number of fireplaces: 2
  • Fireplace features: Living Room,Primary Bedroom,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Kitchen

  • Level: Main

Laundry

  • Level: Main

Living Room

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 8522426946404
  • Zoning description: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Rear Porch,Covered,Deck,Front Porch,Balcony
  • Exterior features: Balcony
  • Has view: Yes
  • Waterbody name: Toxaway River
  • Topography of land: Level
  • Living area range: 500-1000

Lot

  • Lot size: 871.20 sqft
  • Features: Front Yard,Gentle Sloping,Paved,Views,Wooded,Flat,Waterfall

Parking

  • Parking features: Asphalt,Paved,Parking Lot

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 $1,946$23,352
Home Insurance *$162$1,944
Property Taxes $147$1,764
Electricity $200$2,405
Total$2,455$29,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$84,171/yr
40% on housing$73,650/yr
45% on housing$65,466/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

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 28747$614
Transylvania County$349

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
2025-10-06Price change$385,000
2025-09-10Listed for sale$395,000

For Sale by Agent

AgentSherman M Pope
BrokerageBerkshire Hathaway HomeServices Meadows Mountain Realty - CA

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