408 Little Elbow Mountain Road

Lake Toxaway, NC
$ 2,150,000 Beds 3 Baths 3
Monthly Estimate* How much can I afford?

Discover Your Perfect Mountain Escape — A Rare 13+ Acre Dual-Home Retreat in Western North Carolina Welcome to an extraordinary mountain sanctuary offering two beautifully appointed homes, two expansive barns, and more than 13 acres of rolling meadow and wooded privacy. Whether you're searching for the ultimate vacation getaway, a private family compound, or a full-time homestead, this one-of-a-kind property delivers unmatched versatility and timeless mountain charm. The recently updated log cabin blends rustic elegance with modern comfort. Its renovated kitchen and baths, newly added bar area, and floor-to-ceiling stone fireplace create an inviting atmosphere perfect for relaxing or entertaining. Rich wood interiors, hardwood floors, natural log rails, and a handcrafted mantel enhance its authentic mountain appeal. Outside, a newly expanded wraparound porch, extensive stonework, and a beautifully crafted firepit area provide the ideal gathering place for enjoying the beautiful Western North Carolina mountains. The cottage, set just below the meadow and near a newer rustic workshop and garage, offers a peaceful retreat of its own. A full-length covered porch welcomes you in, while the modern kitchen, spacious living area, and renovated bathroom deliver comfort and convenience for guests or extended family. Between the two homes lies a gentle 1.4-acre open meadow bordered by a well-maintained gravel driveway, creating a picturesque space for gardening, play, events, or simply enjoying the peaceful landscape. A larger barn near the main cabin provides exceptional storage for an RV or the potential to be transformed into an entertainment venue or luxurious barndominium, expanding the property’s possibilities even further. With its serene setting, flexible spaces, and breathtaking natural surroundings, this exceptional mountain retreat offers endless opportunities for relaxed living, recreation, or income generation. Your Western North Carolina escape awaits.

Single Family

  • Price
  • $ 2,150,000
  • City
  • Lake Toxaway
  • Bedrooms
  • 3
  • Full Bathrooms
  • 2
  • County
  • Transylvania
  • Half Bathrooms
  • 2
  • Area
  • North Lake Toxaway
  • Lot Size
  • 13.72 Acres
  • Zip
  • 28747
  • Year Built
  • 2000
  • Taxes
  • $ 2417
  • Style
  • MLS#
  • 1002297
Listed By: Fisher Realty Sapphire/Toxaway
Data Source: Highlands Cashiers MLS (HCMLS-NC)

Features

General

View Hills,Meadow,Pasture,Creek/Stream,Valley,Trees/Woods
Heating Heat Pump
Cooling Central Air
Year Built 2000
Appliances Dishwasher,Gas Cooktop,Disposal,Microwave,Oven,Refrigerator,Range Hood,Stainless Steel Appliance(s),Water Heater,Wine Refrigerator
Exterior Features Fire Pit,Storage,Propane Tank - Leased
Interior Features Chandelier,Cathedral Ceiling(s),Bar,Natural Woodwork,Workshop
Utilities Cable Available,Electricity Connected,High Speed Internet Available,Propane
Roof Metal

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Highlands, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School
Middle School
High School

Price History

12/12/2025 Listed $2,399,000
7/14/2026 10% - $2,150,000

Property vs Zip Code Average in 28747

Price
AVG $2.72M
$2.15M
Year Built
AVG 1994
2000

408 Little Elbow Mountain Road Lake Toxaway, NC is a Single Family Home for sale at $2150000 and a lot size of 13.72 Acres Acre(s). 408 Little Elbow Mountain Road Lake Toxaway has 3 bedrooms, 2 baths and was built in 2000. The property's zip code is 28747 which is in Lake Toxaway, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.