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$875,000
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Property Description
Discover easy mountain living at 242 Club Colony, a beautifully maintained single-level home offering 1,996 sq. ft. of comfort and style. This 3-bedroom, 3-bath residence combines effortless functionality with serene mountain views, all set on a level lot perfect for relaxed living. Step inside to find a bright, open floor plan designed for both everyday comfort and entertaining. The spacious living area flows naturally into the dining and kitchen spaces, creating a warm, welcoming environment. Each bedroom offers ample space and privacy, with two primary suites providing a peaceful retreat each complete with a private bath. Enjoy the outdoors with a grassy backyard ideal for pets, gatherings, or simply soaking in the mountain scenery. The two-car carport adds convenience and protection from the elements, while the maintenance-free landscaping ensures you have more time to enjoy the lifestyle you deserve. Located just an easy golf cart ride from Lake Toxaway Country Club and the marina, this home offers unmatched access to recreation, dining, and the natural beauty of the surrounding Blue Ridge Mountains. Whether you're seeking a full-time residence or a mountain getaway, 242 Club Colony delivers the perfect blend of comfort, convenience, and charm. Membership to the Lake Toxaway Country Club is based on application and availability.
Full Property Details
Full Property Details for 242 Club Colony Ln
General
- Price: $875,000
- HOA FEE: $238/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4298749
- Updated: 10/29/2025
- Added to Site: 81 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Gas Log, Living Room, Gas Log, Living Room
- Appliances: Dishwasher, Electric Range, Microwave, Refrigerator with Ice Maker
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
- Main - Full Baths: 3
Bedrooms
- Total Bedrooms: 3
- Bedrooms Main & Up: 3
Other Rooms
- Laundry: Laundry Room, Main Level
Parking
- Parking Features: Driveway
Location
- County: Transylvania
- Subdivision: Lake Toxaway Estates
- Driving Directions: From main entrance, follow West Club Blvd. to first stop sign. Go straight through onto Chestnut Trace. Turn right at next stop sign. Go straight through the next stop sign. Turn right onto Cherokee Trace (just past the golf course). Take first left to stay on Cherokee Trace and follow up to entrance to Club Colony. Follow around bearing right at the fork. Look for #242 on the right.
Community
- Assoc. Name: Club Colony POA
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Floor Furnace
Utilities
- Sewer: Septic Installed
- Water: Community Well
- Utility Description: Cable Available, Electricity Connected, Phone Connected
Structural Information
- Construction: Site Built
- Exterior Const.: Wood
- Main/1st Level: 1,996 Sq. Ft.
- Year Built: 1992
Lot Features
- Street/Road Desc.: Asphalt, Paved
Financial Considerations
- Association Fee: $2,850
- Assoc Fee Freq.: Annually
- Other Assoc Fees: $4,085
- Other Fee Freq.: Annually
Disclosures and Reports
- Restrictions: Architectural Review, Deed
- Property ID: 8512-77-9066-000
- Lot Number: 369/285
Listed by Lake Toxaway Co.
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Schools
Schools serving 242 Club Colony Ln
School District:Transylvania County Schools
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 242 Club Colony Ln
Date
Details
Price
Change
Source
10/29/2025
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 242 Club Colony Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,493
56%
$727,000
114%
2023
$2,234
1%
$339,400
—
2021
$2,217
-1%
$339,400
—
2022
$2,234
-19%
$339,400
-14%
2020
$2,742
1%
$393,950
—
2019
$2,722
22%
$393,950
—
2018
$2,227
1%
$393,950
—
2017
$2,202
—
$393,950
—
2016
$2,194
-5%
$393,950
-17%
2015
$2,300
3%
$473,380
—
2013
$2,223
—
$473,380
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 242 Club Colony Ln
242 Club Colony Lane, Lake Toxaway, NC 28747 (MLS# 4298749) is a Single Family property with 3 bedrooms and 3 full bathrooms. 242 Club Colony Lane is currently listed for $875,000 and was received on October 29, 2025. Want to learn more about 242 Club Colony Lane? Do you have questions about finding other Single Family real estate for sale in Lake Toxaway? You can browse all Lake Toxaway real estate or contact a Coldwell Banker agent to request more information.
