Real Estate Investment Properties for Sale in Lake Toxaway, NC

Looking for investment property in Lake Toxaway, NC with high ROI ?

Explore a variety of short-term homes & houses in Lake Toxaway, NC. Invest wisely with VRBO & Lake Toxaway, NC Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Lake Toxaway, NC

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
46 Mills Creek Drive lot: 4-R Lake Toxaway, NC This impressive home boasts a distinctive yet captivating architectural design, highlighte...	4 beds \| 7 baths \| N/A	$3,750,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 0.26% Airbnb Rental Income: $2707 Traditional Rental Income: $6116 Airbnb ROI: -0.9% Traditional ROI: 0.26%
251 Toxaway Court lot: 55-R Lake Toxaway, NC Experience refined mountain living in this 5,000 sq ft Lake Toxaway estate, once featured ...	3 beds \| 6 baths \| N/A	$3,195,000	Airbnb cash on cash: -0.77% Traditional cash on cash: 0.45% Airbnb Rental Income: $2585 Traditional Rental Income: $5570 Airbnb ROI: -0.77% Traditional ROI: 0.45%
164 Horseplay Lane Lake Toxaway, NC Nestled in the mountains of Lake Toxaway, this unique property offers a rare opportunity f...	3 beds \| 2 baths \| 1,226 sq.ft.	$300,000	Airbnb cash on cash: 4.8% Traditional cash on cash: 4.54% Airbnb Rental Income: $2585 Traditional Rental Income: $1894 Airbnb ROI: 4.8% Traditional ROI: 4.54%
355 Doghobble Road lot: 19 Lake Toxaway, NC Discover a mountain masterpiece in the exclusive Richland Ridge Conservation Community. Th...	4 beds \| N/A baths \| N/A	$2,250,000	Airbnb cash on cash: -0.46% Traditional cash on cash: 0.54% Airbnb Rental Income: $2707 Traditional Rental Income: $4173 Airbnb ROI: -0.46% Traditional ROI: 0.54%
614 Fairway Drive lot: 13R Lake Toxaway, NC This one-of-a-kind, beautifully maintained four-bedroom, four-bathroom Arts and Crafts mou...	4 beds \| 4 baths \| N/A	$1,695,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 0.71% Airbnb Rental Income: $2707 Traditional Rental Income: $3682 Airbnb ROI: -0.31% Traditional ROI: 0.71%
905 Cold Mountain Road lot: Lp5 Lake Toxaway, NC Welcome to an extraordinary lakefront estate on Lake Toxaway, Western North Carolina's lar...	4 beds \| 4 baths \| N/A	$6,500,000	Airbnb cash on cash: -1.03% Traditional cash on cash: -0.67% Airbnb Rental Income: $2707 Traditional Rental Income: $4286 Airbnb ROI: -1.03% Traditional ROI: -0.67%
80 Toxaway Shores unit: 10 #10 Lake Toxaway, NC This recently updated condo in Toxaway Shores features 2 bedrooms, bonus room and 2.5 bath...	2 beds \| 3 baths \| N/A	$1,295,000	Airbnb cash on cash: -1.52% Traditional cash on cash: 0.13% Airbnb Rental Income: $1312 Traditional Rental Income: $2900 Airbnb ROI: -1.52% Traditional ROI: 0.13%
656 Far Away Hills Lake Toxaway, NC Perched on six private acres along the Nantahala National Forest, this mountain retreat of...	3 beds \| 3 baths \| N/A	$1,695,000	Airbnb cash on cash: 0.04% Traditional cash on cash: 0.58% Airbnb Rental Income: $2585 Traditional Rental Income: $2819 Airbnb ROI: 0.04% Traditional ROI: 0.58%
135 Toxaway Views Drive unit: 601 #601 Lake Toxaway, NC Nicely updated furnished 2 bedroom 2 bath condo GROUND FLOOR with mountain views. Recent u...	2 beds \| 2 baths \| N/A	$345,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.05% Airbnb Rental Income: $1312 Traditional Rental Income: $1499 Airbnb ROI: 0.21% Traditional ROI: 2.05%
73 Toxaway Views unit: 306 #306 Lake Toxaway, NC This turnkey 2-bedroom, 2-bath condo in Lake Toxaway, NC offers breathtaking long-range mo...	2 beds \| 2 baths \| N/A	$289,900	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.94% Airbnb Rental Income: $1312 Traditional Rental Income: $2148 Airbnb ROI: 0.39% Traditional ROI: 4.94%
61 Indian Falls Way lot: 5Rev Lake Toxaway, NC Nestled among the trees and overlooking the pristine waters of Indian Creek, this charming...	4 beds \| 4 baths \| N/A	$798,500	Airbnb cash on cash: 0.64% Traditional cash on cash: 1.83% Airbnb Rental Income: $2707 Traditional Rental Income: $2953 Airbnb ROI: 0.64% Traditional ROI: 1.83%
95 Cardinal Trace lot: 34R Lake Toxaway, NC Opportunity Knocks! Here is your chance to own a fully updated and renovated lake front ho...	3 beds \| 6 baths \| N/A	$5,900,000	Airbnb cash on cash: -0.79% Traditional cash on cash: -0.61% Airbnb Rental Income: $2585 Traditional Rental Income: $2973 Airbnb ROI: -0.79% Traditional ROI: -0.61%
96 Moltz Court Lake Toxaway, NC Absolutely exquisite, fully renovated, move-in ready 3 BR, 4.5 BA custom home on Toxaway M...	4 beds \| 5 baths \| 4,659 sq.ft.	$3,850,000	Airbnb cash on cash: -0.83% Traditional cash on cash: -0.1% Airbnb Rental Income: $2707 Traditional Rental Income: $4685 Airbnb ROI: -0.83% Traditional ROI: -0.1%
80 Raven Rock Vista lot: 2Rv Lake Toxaway, NC Your mountain sanctuary awaits in NC's largest private lake community! This renovated 3-be...	3 beds \| 3 baths \| N/A	$2,345,000	Airbnb cash on cash: -0.48% Traditional cash on cash: -0.13% Airbnb Rental Income: $2585 Traditional Rental Income: $2716 Airbnb ROI: -0.48% Traditional ROI: -0.13%
459 W Club Boulevard lot: 4 Lake Toxaway, NC If you've ever dreamed of owning a log home in the mountains, this one is calling your nam...	4 beds \| 5 baths \| N/A	$1,249,000	Airbnb cash on cash: 0.02% Traditional cash on cash: 1.72% Airbnb Rental Income: $2707 Traditional Rental Income: $4047 Airbnb ROI: 0.02% Traditional ROI: 1.72%
60 Lakeside Trail lot: 23 Lake Toxaway, NC Welcome to your mountain retreat in the heart of Lake Toxaway Estates. This stunning 4-bed...	4 beds \| 3 baths \| N/A	$1,100,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 1.22% Airbnb Rental Income: $2707 Traditional Rental Income: $3096 Airbnb ROI: 0.22% Traditional ROI: 1.22%
294 Club Colony Lane lot: 14 Lake Toxaway, NC Discover your dream mountain home in the exclusive Club Colony subdivision of Lake Toxaway...	3 beds \| 4 baths \| N/A	$1,275,000	Airbnb cash on cash: -0.27% Traditional cash on cash: 0.25% Airbnb Rental Income: $2585 Traditional Rental Income: $2582 Airbnb ROI: -0.27% Traditional ROI: 0.25%
105 Toxaway Views Drive unit: 402 #402 Lake Toxaway, NC Embrace the cool mountain air with this beautifully renovated 2-bedroom, 2-bathroom condo,...	2 beds \| 2 baths \| 1,307 sq.ft.	$279,900	Airbnb cash on cash: -0.11% Traditional cash on cash: 1.98% Airbnb Rental Income: $1312 Traditional Rental Income: $1455 Airbnb ROI: -0.11% Traditional ROI: 1.98%
2378 Flat Creek Valley Road Lake Toxaway, NC Nestled amidst the serene landscape, this captivating two-story log cabin offers a harmoni...	3 beds \| 3 baths \| N/A	$765,000	Airbnb cash on cash: 1.06% Traditional cash on cash: 2.11% Airbnb Rental Income: $2585 Traditional Rental Income: $2711 Airbnb ROI: 1.06% Traditional ROI: 2.11%
19 Indian Falls Way lot: 2 Lake Toxaway, NC Settle into mountain living in this beautifully renovated one-and-a-half-story home within...	3 beds \| 3 baths \| N/A	$597,500	Airbnb cash on cash: 1.13% Traditional cash on cash: 2.58% Airbnb Rental Income: $2585 Traditional Rental Income: $2773 Airbnb ROI: 1.13% Traditional ROI: 2.58%
55 Toxaway Shores lot: 14 Lake Toxaway, NC Fully furnished and beautifully renovated lakefront condo at Toxaway Shores with exception...	3 beds \| 4 baths \| N/A	$1,295,000	Airbnb cash on cash: 0.31% Traditional cash on cash: 0.27% Airbnb Rental Income: $2585 Traditional Rental Income: $1919 Airbnb ROI: 0.31% Traditional ROI: 0.27%
178 Whetstone Gap Road lot: 10 Lake Toxaway, NC This well maintained contemporary home sits on a private wooded lot and is only 18 minutes...	2 beds \| 2 baths \| N/A	$545,900	Airbnb cash on cash: 0.15% Traditional cash on cash: 2.4% Airbnb Rental Income: $1312 Traditional Rental Income: $2051 Airbnb ROI: 0.15% Traditional ROI: 2.4%
1734 Toxaway Drive lot: P3 Lot 126 Lake Toxaway, NC This home has been lovingly maintained and enjoyed. The Gerard roof has a lifetime warrant...	5 beds \| 5 baths \| N/A	$3,295,000	Airbnb cash on cash: N/A Traditional cash on cash: 0.1% Airbnb Rental Income: $null Traditional Rental Income: $4823 Airbnb ROI: N/A Traditional ROI: 0.1%
545 S East Shore Drive lot: 048 Lake Toxaway, NC A RARE opportunity to have a flat lake lot and beautiful long view! This home is on a quie...	3 beds \| 4 baths \| N/A	$4,299,000	Airbnb cash on cash: -0.93% Traditional cash on cash: -0.5% Airbnb Rental Income: $2585 Traditional Rental Income: $3649 Airbnb ROI: -0.93% Traditional ROI: -0.5%
64 Toxaway Shores unit: 2 #2 Lake Toxaway, NC This lakefront condo has been updated throughout and features 2 bedrooms, 2 full baths, on...	2 beds \| 3 baths \| N/A	$1,695,000	Airbnb cash on cash: -1.4% Traditional cash on cash: -0.22% Airbnb Rental Income: $1312 Traditional Rental Income: $2758 Airbnb ROI: -1.4% Traditional ROI: -0.22%
721 Lakeside Drive Lake Toxaway, NC Immaculately maintained Al Platt home with magnificent views of Lake Toxaway and the mount...	3 beds \| 5 baths \| 4,110 sq.ft.	$1,899,000	Airbnb cash on cash: -0.71% Traditional cash on cash: 0.65% Airbnb Rental Income: $2585 Traditional Rental Income: $4356 Airbnb ROI: -0.71% Traditional ROI: 0.65%
221 Toxaway Falls unit: 1 #1 Lake Toxaway, NC Unique and private location adjoins mesmerizing Toxaway Falls. The condominium has excepti...	2 beds \| 2 baths \| N/A	$495,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 1% Airbnb Rental Income: $1312 Traditional Rental Income: $1710 Airbnb ROI: -0.74% Traditional ROI: 1%
138 Indian Trace Lake Toxaway, NC One of Lake Toxaway and Western North Carolina's most magnificent legacy homes, this maste...	4 beds \| 7 baths \| 5,608 sq.ft.	$9,995,000	Airbnb cash on cash: -1.07% Traditional cash on cash: -0.52% Airbnb Rental Income: $2707 Traditional Rental Income: $7139 Airbnb ROI: -1.07% Traditional ROI: -0.52%
2272 W Club lot: 103Bb Lake Toxaway, NC Discover a one-of-a-kind retreat in the heart of Lake Toxaway Estates, where rustic charm ...	3 beds \| 5 baths \| N/A	$3,650,000	Airbnb cash on cash: -0.85% Traditional cash on cash: -0.11% Airbnb Rental Income: $2585 Traditional Rental Income: $4466 Airbnb ROI: -0.85% Traditional ROI: -0.11%
140 Panther Summit Drive Lake Toxaway, NC Absolutely Spectacular New Construction 5 Bedroom/4.5 Bath home with stunning long range v...	5 beds \| 6 baths \| 7,117 sq.ft.	$9,900,000	Airbnb cash on cash: N/A Traditional cash on cash: -1.16% Airbnb Rental Income: $null Traditional Rental Income: $6636 Airbnb ROI: N/A Traditional ROI: -1.16%
1957 Cold Mountain Road Lake Toxaway, NC Meticulously crafted 4 BR, 5.5 Ba custom home with level circular drive on magnificent sit...	4 beds \| 6 baths \| 4,577 sq.ft.	$4,950,000	Airbnb cash on cash: -1.13% Traditional cash on cash: -0.02% Airbnb Rental Income: $2707 Traditional Rental Income: $7164 Airbnb ROI: -1.13% Traditional ROI: -0.02%
365 Cherokee Circle lot: 20 Lake Toxaway, NC Enjoy privacy and lush greenery in the summer and long-range mountain views in the winter ...	3 beds \| 4 baths \| N/A	$695,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 3.09% Airbnb Rental Income: $2585 Traditional Rental Income: $3081 Airbnb ROI: 1.37% Traditional ROI: 3.09%
250 Meadow Ridge Drive lot: 158 R Lake Toxaway, NC Stunning one owner custom high quality estate style home with long range views. Over 7000 ...	4 beds \| 6 baths \| N/A	$5,490,000	Airbnb cash on cash: -0.96% Traditional cash on cash: -0.04% Airbnb Rental Income: $2707 Traditional Rental Income: $6736 Airbnb ROI: -0.96% Traditional ROI: -0.04%
140 Hangin Dog Lane lot: 2 Lake Toxaway, NC TWO HOMES on over 3 acres of peaceful mountain paradise! This incredible property offers a...	5 beds \| 5 baths \| N/A	$540,000	Airbnb cash on cash: N/A Traditional cash on cash: 8.34% Airbnb Rental Income: $null Traditional Rental Income: $5084 Airbnb ROI: N/A Traditional ROI: 8.34%
221 Toxaway Falls Drive Lake Toxaway, NC Unique, private location adjoins mesmerizing Toxaway Falls. This unit has exceptional view...	2 beds \| 2 baths \| 1,232 sq.ft.	$495,000	Airbnb cash on cash: 0.34% Traditional cash on cash: 3.08% Airbnb Rental Income: $1312 Traditional Rental Income: $2169 Airbnb ROI: 0.34% Traditional ROI: 3.08%
228 Mills Creek Trace lot: 4 Lake Toxaway, NC Overlooking the scenic 4th hole, this stunning 4-bedroom, 4.5-bath retreat is perfect for ...	4 beds \| 5 baths \| N/A	$3,125,000	Airbnb cash on cash: -0.74% Traditional cash on cash: 0.29% Airbnb Rental Income: $2707 Traditional Rental Income: $5035 Airbnb ROI: -0.74% Traditional ROI: 0.29%
1957 & 1923 Cold Mountain Road Lake Toxaway, NC Meticulously crafted 4 BR, 5.5 Ba custom home with level circular drive on a magnificent 3...	4 beds \| 6 baths \| 4,577 sq.ft.	$9,450,000	Airbnb cash on cash: -0.92% Traditional cash on cash: -0.33% Airbnb Rental Income: $2707 Traditional Rental Income: $7232 Airbnb ROI: -0.92% Traditional ROI: -0.33%
26 S Cumberland Drive lot: 21 Lake Toxaway, NC Welcome to this 2023 park model home located in the highly sought-after Westridge neighbor...	2 beds \| 2 baths \| N/A	$375,000	Airbnb cash on cash: 0.97% Traditional cash on cash: 4.19% Airbnb Rental Income: $1312 Traditional Rental Income: $2038 Airbnb ROI: 0.97% Traditional ROI: 4.19%
24 E Toxaway Shores lot: 20 Lake Toxaway, NC Coveted Toxaway Shores offering 2 bedrooms, 2 baths, plus a versatile bonus/flex room. Enj...	2 beds \| 2 baths \| N/A	$1,175,000	Airbnb cash on cash: -1.66% Traditional cash on cash: -0.42% Airbnb Rental Income: $1312 Traditional Rental Income: $2255 Airbnb ROI: -1.66% Traditional ROI: -0.42%
865 Toxaway Drive lot: 25Rev Lake Toxaway, NC Perched atop over 12 secluded acres, this majestic log cabin estate is a rare and timeless...	5 beds \| 6 baths \| N/A	$3,397,500	Airbnb cash on cash: N/A Traditional cash on cash: 0.9% Airbnb Rental Income: $null Traditional Rental Income: $7280 Airbnb ROI: N/A Traditional ROI: 0.9%

Real Estate investment in Lake-toxaway, NC

There are 68 properties for sale in the city of Lake Toxaway . The median list price in Lake Toxaway is $1,695,000 and the average price per square foot is $487. In October 2025, the average monthly cash on cash return in Lake Toxaway is 1.00%. The average monthly rental income in Lake Toxaway is $3,344.

Lake-toxaway, NC Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 68 investment properties available for sale in Lake-toxaway.

In 2025, the best neighborhood to buy investment property is Lake Toxaway.

The ROI for Short-Term is higher than the Long-Term in Lake-toxaway with average rental income of $2,585.

Your search for investment property begins and ends here

Investment Property for Sale in Lake Toxaway, NC

46 Mills Creek Drive lot: 4-R

Lake Toxaway, NC

4 beds | 7 baths | N/A

$3,750,000

Airbnb cash on cash: -0.9%

Traditional cash on cash: 0.26%

Airbnb Rental Income: $2707

Traditional Rental Income: $6116

Airbnb ROI: -0.9%

Traditional ROI: 0.26%

251 Toxaway Court lot: 55-R

Lake Toxaway, NC

3 beds | 6 baths | N/A

$3,195,000

Airbnb cash on cash: -0.77%

Traditional cash on cash: 0.45%

Airbnb Rental Income: $2585

Traditional Rental Income: $5570

Airbnb ROI: -0.77%

Traditional ROI: 0.45%

164 Horseplay Lane

Lake Toxaway, NC

3 beds | 2 baths | 1,226 sq.ft.

$300,000

Airbnb cash on cash: 4.8%

Traditional cash on cash: 4.54%

Airbnb Rental Income: $2585

Traditional Rental Income: $1894

Airbnb ROI: 4.8%

Traditional ROI: 4.54%

355 Doghobble Road lot: 19

Lake Toxaway, NC

4 beds | N/A baths | N/A

$2,250,000

Airbnb cash on cash: -0.46%

Traditional cash on cash: 0.54%

Airbnb Rental Income: $2707

Traditional Rental Income: $4173

Airbnb ROI: -0.46%

Traditional ROI: 0.54%

614 Fairway Drive lot: 13R

Lake Toxaway, NC

4 beds | 4 baths | N/A

$1,695,000

Airbnb cash on cash: -0.31%

Traditional cash on cash: 0.71%

Airbnb Rental Income: $2707

Traditional Rental Income: $3682

Airbnb ROI: -0.31%

Traditional ROI: 0.71%

905 Cold Mountain Road lot: Lp5

Lake Toxaway, NC

4 beds | 4 baths | N/A

$6,500,000

Airbnb cash on cash: -1.03%

Traditional cash on cash: -0.67%

Airbnb Rental Income: $2707

Traditional Rental Income: $4286

Airbnb ROI: -1.03%

Traditional ROI: -0.67%

80 Toxaway Shores unit: 10 #10

Lake Toxaway, NC

2 beds | 3 baths | N/A

$1,295,000

Airbnb cash on cash: -1.52%

Traditional cash on cash: 0.13%

Airbnb Rental Income: $1312

Traditional Rental Income: $2900

Airbnb ROI: -1.52%

Traditional ROI: 0.13%

656 Far Away Hills

Lake Toxaway, NC

3 beds | 3 baths | N/A

$1,695,000

Airbnb cash on cash: 0.04%

Traditional cash on cash: 0.58%

Airbnb Rental Income: $2585

Traditional Rental Income: $2819

Airbnb ROI: 0.04%