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Lake Toxaway · Lake Toxaway, NC

580 Whetstone Gap Road

Lake Toxaway, NC · 1,690 sqft

$495,000

  • 3Beds
  • 3Baths
  • 1,690SqFt
  • 1968Year
  • 1Days on market

About this home

Step inside this one-level mountain retreat, waiting for you next to Gorges State Park, then hike out your backdoor and quickly access the park’s trail system! You’ll love the mature rhododendron and mountain laurel that surround this home, as well as the elevated fire pit area and spacious back deck. Cozy up to the stone fireplace under the living room’s vaulted ceiling with wooden beam accents. Enjoy evening cocktails on the back deck as you unwind and relax. Perfect vacation or investment property, as it is being sold turnkey and currently has a tenant in place through the end of November. The main house hosts a welcoming foyer as well as an open floor plan between living, dining, and kitchen. Down the hall, you’ll find a spacious primary bedroom with an ensuite bath, plus two more bedrooms that share a Jack-and-Jill full bath. In 2024 the garage was partially finished, adding a studio, a full bath, and a kitchenette. (No permits were pulled for this work, so this is not counted in the total HLA.) Thoughtful updates have been made adding style and modernization through wall accents, paint, fixtures, and design. The entry road is private and there is a shared road agreement in place. An easy 14-mile drive from both downtown Brevard and downtown Cashiers. New HVAC in 2024; baseboard heat and plug-in AC units for the bonus space.

Property details

Beds
3
Baths
3
SqFt
1,690
Lot
Year built
1968
Type
Single Family
Days on market
1
Garage
1
Heating
Baseboard, Heat Pump
Cooling
Central Air, Heat Pump
Foundation
Crawl Space
Flooring
Carpet, Vinyl, Wood
View
Mountain(s), Winter
HOA dues
$325 / yr

Features

  • Attic Other
  • Attic Stairs Pulldown
  • Cable Prewire
  • Entrance Foyer
  • Open Floorplan
  • Storage
  • Walk-In Closet(s)
  • Fire Pit
  • Other - See Remarks

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$3,608/ month

Principal & interest
$3,065
Property tax (~0.90%)
$371
Homeowners insurance
$144
HOA dues
$27

Down payment

$24,750 down · $470,250 financed

Income to qualify (28% rule)

~$154,645 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. Christy can introduce you to lenders she trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.