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308 Island Point Rd

Lake Toxaway, NC 28747

5 bd 4 ba 2,698 sqft Built 1966 Lot 54,450 sqft single_family
Most recent sale
$3,750,000
Sep 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 29, 2022 Sold $3,750,000 MLS #100378
Jul 8, 2022 Listed $4,250,000 MLS #100378
Jul 7, 2022 Listed $4,250,000 MLS #3880434

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $1,825,250 $1,250,000 $3,075,250 $14,786
2023 $351,390 $1,250,000 $1,601,390 $10,541
2022 $351,390 $1,250,000 $1,601,390 $10,594
2021 $351,390 $1,250,000 $1,601,390 $10,516
2020 $235,400 $1,487,500 $1,722,900 $12,053
2019 $235,400 $1,487,500 $1,722,900 $11,970
2018 $235,400 $1,487,500 $1,722,900 $9,797
2017 $235,400 $1,487,500 $1,722,900 $9,687
2016 $235,400 $1,487,500 $1,722,900 $9,650
2015 $206,540 $1,750,000 $1,956,540 $9,560
2014 $1,956,540 $9,540
2013 $1,956,540 $9,244
2012 $1,956,540 $8,369
2011 $1,956,540 $8,347
2010 $1,956,540 $8,351
2009 $1,956,540 $8,330
2007 $1,566,800 $9,066

Property facts

Year built
1966
Property type
single_family
Stories
1
Beds
5
Baths
4
Living area
2,698 sqft
Lot size
54,450 sqft
ZIP code
28747
City
Lake Toxaway
Street
Island Point Rd
Coordinates
35.13578, -82.93657

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$22,500
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 308 Island Point Rd last sell?
308 Island Point Rd most recently sold on Sep 29, 2022 for $3,750,000.
What is the current tax assessment for 308 Island Point Rd?
The most recent total assessment for 308 Island Point Rd (year 2025) is $3,075,250 with $14,786 in property tax.
How does 308 Island Point Rd's assessment compare to its last sale price?
The current assessment is 18.0% below the last sale price of $3,750,000.
When was 308 Island Point Rd built?
308 Island Point Rd was built in 1966.
How does 308 Island Point Rd compare to others on Island Point Rd?
We track 8 other properties on Island Point Rd. Browse the list under "Other properties on Island Point Rd" to compare beds, baths, and sale history.
What are the property facts for 308 Island Point Rd?
308 Island Point Rd is a 5 bed, 4 bath, 2,698 sqft, 54,450 sqft lot single_family.
Is 308 Island Point Rd a flip candidate?
No — 308 Island Point Rd does not appear in our flips dataset.
Is 308 Island Point Rd a tax-appeal candidate?
No — 308 Island Point Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+13.9%
2026 Q3
$876.4K
2026 Q4
$901.2K
ZIP 28747 — Median Price History + Forecast

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