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2024 Lake Toxaway Estates Market Update - 4th Quarter

Petit Properties December 17, 2024

Lake Toxaway is the largest private lake in North Carolina, so it’s no surprise that the Lake Toxaway real estate market is still thriving in the 4th Quarter of 2024.

Lake Toxaway homes for sale have seen home values significantly increase over the past year, with an impressive 8.2% growth. The market remains a seller’s market, with high demand for luxury properties, particularly waterfront and mountain-view homes. Limited inventory continues to drive up prices, reflecting the strong appeal of the area. Known for its serene environment and abundant outdoor amenities, Lake Toxaway remains a prime location for second homes and investment properties.

Currently, in the 4th Quarter, there are 19 Lake Toxaway homes for sale, with prices ranging from $11M to $750,000. So far this year, 26 homes have sold in Lake Toxaway Estates, with an average sale price of $2.7M and some homes reaching up to $6.7M. These figures highlight the enduring value of investing in Lake Toxaway real estate.

If you’re curious about the market or considering buying or selling a home in Lake Toxaway Estates for 2025, don’t hesitate to reach out to Cindy and her team at Petit Properties. As experienced Lake Toxaway realtors, they can guide you through the process with expertise. Contact them today at 828-966-7800 or 828-553-1023, or visit www.petitpropertieswnc.com.

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