Description
Neighboring the breathtaking Panthertown Valley—often called the “Yosemite of the East”—this exceptional 4.36-acre homesite offers a rare opportunity to build your dream mountain retreat in the prestigious Lake Toxaway Estates. Perched at approximately 4, 300 feet in elevation, the property enjoys captivating views overlooking Lake Toxaway and the surrounding mountain community. With frontage on private Panthertown Drive and Spencer Lane, the lot provides both convenient access and outstanding privacy. Its gently rolling terrain winds gracefully between two natural spring heads, leading to an ideal building site for a custom home that blends seamlessly with its peaceful surroundings. Lake Toxaway Estates is a cherished mountain community where generations of families have created lasting traditions. Centered around the region’s largest private lake and surrounded by majestic peaks, residents enjoy spectacular scenery, abundant outdoor recreation, and an active social calendar. Whether you’re seeking a vibrant seasonal community or a quiet mountain sanctuary, this remarkable property offers the best of both worlds.
Address
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Address: Lot 42 Spencer Lane
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City: Lake Toxaway
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State/county: NC
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Zip/Postal Code: 28747
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Area: Lake Toxaway Estates
Details
Updated on July 5, 2026 at 9:18 pm-
Property ID 4400649
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Price $499,000
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Property Type Lot, Land
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Property Status Active, For Sale
Additional details
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Sewer Septic Needed
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County Transylvania
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Property Type Land
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Elementary School Unspecified
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Middle School Unspecified
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High School Unspecified
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Community Features Lake Access, Picnic Area, Playground, Walking Trails
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Waterfront Boat Ramp
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Down Payment
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Loan Amount
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Property Tax
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Home Insurance
Contact Information
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