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65 Speed Way #4A, Lake Toxaway, NC, 28747

0beds
1baths
1,200sqft
$379,000
$316price/sqft
$2,420/moest. monthly cost
$96,800/yrincome needed

About This Home

This 30' x 40' (1,200 sq ft) single-unit Luxury Toy Box Garage is designed with automotive, motorcycle, off-road, and RV enthusiasts in mind. Featuring a 14' x 14' commercial overhead garage door with an electric opener—large enough for toys, stacker trailers, boats, and more—this space offers both function and flexibility. Inside, you’ll find finished commercial-grade concrete floors, 200–400 amp electric service, extensive LED lighting, and abundant 120V outlets. The space is fully climate-controlled with heat and air conditioning and includes a 10' industrial ceiling fan for year-round comfort. A private restroom is pre-plumbed for a shower and floor drain, adding convenience and future customization potential. Many owners take this a step further—creating their own custom shop by adding cabinetry, vehicle lifts, and specialized equipment tailored to their lifestyle and hobbies. Community amenities include 24/7 gated access with keypad or remote entry, camera surveillance, on-site management and concierge services, and access to a POA-owned 30’ scissor lift for owner use.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
5
BikeSomewhat Bikeable

Schools

3/10
T C Henderson ElementaryGrades PK-53.7 mi
8/10
Rosman MiddleGrades 6-87.6 mi
7/10
Rosman HighGrades 9-127.6 mi

Construction

Condition

  • Year built: 2024

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Metal

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Refrigerator
  • Laundry features: Electric Dryer Hookup,In Bathroom,Main Level,Washer Hookup

Bathroom Full

  • Level: Main

Bedrooms & Bathrooms

  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Concrete
  • Finished area below ground: 0
  • Finished area above ground: 1,200

Flex Space

  • Level: Main

Heating & Cooling

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

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Property

Accessibility

  • Accessibility features: Garage Door Height Greater Than 84 inches

Details

  • Parcel number: 8511899841000 / 8512902008401
  • Zoning: N/A
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Awning(s)

Lot

  • Lot size: 0.03 Acres
  • Features: Corner Lot,Level

Parking

  • Total spaces: 1
  • Parking features: RV Access/Parking,Garage on Main Level
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

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 StormRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Ice Storm
Inland Flooding
Landslide
Lightning
Strong Wind
Tornado

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 $1,916$22,992
Home Insurance *$159$1,908
Property Taxes $145$1,740
Electricity $200$2,405
Total$2,420$29,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$82,971/yr
40% on housing$72,600/yr
45% on housing$64,533/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

$316This 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
2026-04-27Price change$379,000
2025-10-24Listed for sale$389,000

For Sale by Agent

AgentMelissa Gyldstrand
BrokerageKeller Williams Great Smokies

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