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473 Summit Ridge Rd

Lake Toxaway, NC 28747

4 bd 5 ba 7,446 sqft Built 1993 Lot 127,727 sqft single_family
Most recent sale
$1,400,000
Dec 20, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 20, 2021 Sold $1,400,000 MLS #95055
Jul 20, 2020 Price changed $3,250,000 MLS #3559046
Jun 3, 2020 Price changed $3,250,000 MLS #92183
Oct 11, 2019 Listed $3,999,900 MLS #3559046
Oct 5, 2019 Listed $3,999,900 MLS #92183
Aug 10, 2015 Listing removed $2,795,000 NWCarolina
Aug 10, 2014 Sold $1,795,000 MLS #557258
Jul 7, 2014 Relisted $1,795,000 MLS #557258
Jun 12, 2014 Listing removed $1,795,000 NWCarolina
Jun 4, 2014 Listed $1,795,000 MLS #557258
Mar 12, 2014 Listed $1,795,000 MLS #78973
Sep 10, 2013 Listing removed $1,800,000 NWCarolina
Sep 4, 2013 Price changed $1,800,000 MLS #524744
Jan 3, 2013 Listed $2,750,000 MLS #524744
Jul 16, 2012 Relisted $2,795,000 MLS #506436
Jun 26, 2012 Listing removed $2,795,000 NWCarolina
May 25, 2012 Listed $2,795,000 MLS #506436
Sep 16, 2011 Listing removed $2,795,000 NWCarolina
Sep 14, 2011 Listed $2,795,000 MLS #506435
Nov 1, 1992 Sold $215,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $2,583,440 $414,350 $2,997,790 $14,404
2023 $1,780,920 $375,000 $2,155,920 $14,192
2022 $2,744,590 $375,000 $3,119,590 $20,536
2021 $2,744,590 $375,000 $3,119,590 $20,380
2020 $2,052,500 $625,000 $2,677,500 $18,635
2019 $2,052,500 $625,000 $2,677,500 $18,502
2018 $2,052,500 $625,000 $2,677,500 $15,139
2017 $2,153,590 $625,000 $2,778,590 $14,965
2016 $2,153,590 $625,000 $2,778,590 $15,474
2015 $2,021,100 $750,000 $2,771,100 $13,462
2014 $2,771,100 $13,437
2013 $2,771,100 $13,016
2012 $2,771,100 $11,780
2011 $2,771,100 $11,738
2010 $2,771,100 $11,738
2009 $2,771,100 $11,705
2007 $1,862,350 $10,683

Property facts

Year built
1993
Property type
single_family
Stories
Beds
4
Baths
5
Living area
7,446 sqft
Lot size
127,727 sqft
ZIP code
28747
City
Lake Toxaway
Street
Summit Ridge Rd
Coordinates
35.13666, -82.97383

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$10,052
Gross rental yield
8.62%
Implied cap rate
5.60%
Trend-extrapolated value

Frequently asked questions

When did 473 Summit Ridge Rd last sell?
473 Summit Ridge Rd most recently sold on Dec 20, 2021 for $1,400,000.
What is the current tax assessment for 473 Summit Ridge Rd?
The most recent total assessment for 473 Summit Ridge Rd (year 2025) is $2,997,790 with $14,404 in property tax.
How does 473 Summit Ridge Rd's assessment compare to its last sale price?
The current assessment is 114.1% above the last sale price of $1,400,000.
When was 473 Summit Ridge Rd built?
473 Summit Ridge Rd was built in 1993.
How does 473 Summit Ridge Rd compare to others on Summit Ridge Rd?
We track 8 other properties on Summit Ridge Rd. Browse the list under "Other properties on Summit Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 473 Summit Ridge Rd?
473 Summit Ridge Rd is a 4 bed, 5 bath, 7,446 sqft, 127,727 sqft lot single_family.
Is 473 Summit Ridge Rd a flip candidate?
No — 473 Summit Ridge Rd does not appear in our flips dataset.
Is 473 Summit Ridge Rd a tax-appeal candidate?
Yes — 473 Summit Ridge Rd appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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