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Indian Lake Estates Homes for Sale

5 homes
Lake Toxaway, NC

Community Highlights

  • Two community lakes with a dock, launch area, and lakefront park
  • Frequent availability of waterfront and water-view homesites
  • Mountain infrastructure that includes paved roads and community water
Popular Features
Lake AccessCommunity DockCommunity ParkWooded Privacy

* Based on what we noticed in listing details.

Outdoor

Lakefront Park · Picnic Area · Dock +2

* Based on what we noticed in listing details.

Architecture & Style

TypeSingle Family
StyleMountain cabin
QualityMixed
Built1964–2024
Avg Lot1.37 ac
Garages23%
Basements38%
Waterfront69%
  • Open Floor Plans
  • Vaulted Ceilings
  • Covered Decks
  • Fireplaces
  • Bonus Or Lower Level Rec Space
  • Updated Kitchens
  • Garage Or Workshop Space

* Based on what we noticed in listing details.

Location & Proximity

Western North Carolina mountains between Brevard and Cashiers

Downtown Brevard25 min
  • Pisgah National Forest
  • Gorges State Park
  • Lake Toxaway recreation corridor

* Based on what we noticed in listing details.

Questions about Indian Lake Estates?

Contact a licensed Lake Toxaway agent

Call Us

(704) 448-6060

Lots and Land in Indian Lake Estates

Indian Lake Estates is a lake-centered mountain neighborhood where the amenity package is simple but memorable: two community lakes, a dock, a launch area, and a lakefront park shape daily life here more than a clubhouse or formal recreation campus ever could.

$3,900$749,0001.37 acres avg

Community Highlights

Indian Lake Estates is a lake-centered mountain neighborhood where the amenity package is simple but memorable: two community lakes, a dock, a launch area, and a lakefront park shape daily life here more than a clubhouse or formal recreation campus ever could. Waterfront homesites and lake-view parcels appear regularly, and listing remarks consistently frame the community around paddling, fishing, swimming, and time on the water rather than high-density resort programming.

The housing mix leans toward detached mountain homes and buildable lots, which gives the neighborhood a wider price spread than many Lake Toxaway addresses. Recent improved-home sales have ranged from the mid-$100s to about $700,000, while homesites have often traded from the teens upward. Most houses date from the late 1970s through the 2000s, with a few earlier cabins and recent new construction extending the timeline from 1964 to 2024. Open floor plans, vaulted ceilings, covered decks, fireplaces, bonus space on lower levels, and garage or workshop areas show up often, reinforcing a practical mountain-house layout rather than a formal estate pattern.

Just as important, the setting is consistently wooded. Lots run from roughly 8,700 square feet to 6 acres, with a median just under an acre, and many remarks call out mature trees, rhododendron, mountain laurel, streams, or long-range views. Several of the stronger-value offerings pair lake access with extra acreage, stream frontage, or multiple lots, which helps explain why privacy and outdoor living are recurring selling points.

Amenities & Lifestyle

The community park and dock are the social center of Indian Lake Estates. Listings repeatedly mention canoe and kayak launches, fishing, swimming, picnic areas, and informal seasonal gatherings around the lake. Community water, paved roads, and underground utilities also surface regularly, which matters in a mountain setting where basic infrastructure can be a differentiator.

Outdoor living extends beyond the shoreline. Covered porches, wraparound decks, screened spaces, fire pits, and mountain-view decks are a familiar part of the housing stock, while select properties back up to streams, waterfalls, or even Pisgah National Forest. The result is a neighborhood that feels tied to its topography and water features rather than separated from them.

These insights are based on listing details and are informational only; verify details for any specific property.

Elementary
T.C. Henderson
Middle
Rosman
High
Rosman
These are typical school assignments. Attendance isn't guaranteed based on address. Please verify with the district.

Recently Sold Properties

181 Hiwassee Road
SOLD

181 Hiwassee Road

$595,000

Nov 13, 20253bd3ba1919sf
125 days99%$310/sf
219 Hiwassee Road
SOLD

219 Hiwassee Road

$700,000

Oct 17, 20253bd2ba2218sf
129 days100%$316/sf
4 month gap
68 Qualla Trace
SOLD

68 Qualla Trace

$555,000

May 30, 20254bd4ba1199sf
52 days99%$463/sf
21 Indian Lake Road
SOLD

21 Indian Lake Road

$15,000

Apr 21, 20250
126 days100%
11 month gap
000 Tellico Lane
SOLD

000 Tellico Lane

$15,018

Apr 30, 20240
374 days84%
8 month gap
68 Qualla Trace
SOLD

68 Qualla Trace

$525,777

Aug 18, 20234bd4ba1199sf
38 days98%$439/sf
S8 Lo 20 Cherokee Circle
SOLD

S8 Lo 20 Cherokee Circle

$14,000

Jul 21, 20230
123 days93%
Lot 3 Indian Lake Road
SOLD

Lot 3 Indian Lake Road

$22,500

Jul 7, 20230
184 days83%
Lot 6 S1 Indian Lake Road
SOLD

Lot 6 S1 Indian Lake Road

$13,500

Jul 6, 20230
749 days54%
100 Rainbows End Lane
SOLD

100 Rainbows End Lane

$405,000

Jun 16, 20233bd2ba1500sf
36 days98%$270/sf
352 Cherokee Circle
SOLD

352 Cherokee Circle

$496,000

May 4, 20233bd3ba3229sf
37 days99%$154/sf
Tbd Tellico Lane
SOLD

Tbd Tellico Lane

$4,800

Apr 13, 20230
100 days74%
3 month gap
171 Myers Drive
SOLD

171 Myers Drive

$163,000

Dec 16, 20222bd2ba0sf
199 days96%$Infinity/sf
130 Cherokee Circle
SOLD

130 Cherokee Circle

$470,000

Nov 22, 20223bd2ba2098sf
214 days100%$224/sf
3 month gap
475 Hiwassee Road
SOLD

475 Hiwassee Road

$350,000

Aug 22, 20222bd3ba2400sf
36 days88%$146/sf
304 Toxaway Trail
SOLD

304 Toxaway Trail

$539,500

Aug 19, 20223bd2ba2054sf
42 days100%$263/sf
Tbd Indian Lake Road
SOLD

Tbd Indian Lake Road

$20,000

Aug 2, 20220
315 days80%
Tbd Indian Lake Road
SOLD

Tbd Indian Lake Road

$36,900

Jul 19, 20220
61 days100%
262 Indian Lake Road
SOLD

262 Indian Lake Road

$295,000

Jun 22, 20222bd2ba1465sf
148 days100%$201/sf
64 Mohawk Trail
SOLD

64 Mohawk Trail

$350,000

Jun 14, 20223bd3ba2464sf
64 days100%$142/sf
2 month gap
35 Pride And Joy Lane
SOLD

35 Pride And Joy Lane

$565,000

Apr 8, 20222bd2ba1486sf
38 days116%$380/sf
Lot 8 Cherokee Circle
SOLD

Lot 8 Cherokee Circle

$4,500

Mar 30, 20220
139 days100%
Tbd Indian Lake Road
SOLD

Tbd Indian Lake Road

$17,000

Mar 1, 20220
977 days87%
4 month gap
00 Pathkiller Road
SOLD

00 Pathkiller Road

$12,000

Oct 7, 20210
29 days86%
439 Toxaway Trail
SOLD

439 Toxaway Trail

$410,000

Oct 6, 20213bd3ba2794sf
37 days96%$147/sf
Tbd Indian Lake Road
SOLD

Tbd Indian Lake Road

$3,000

Sep 8, 20210
578 days67%
2 month gap
Lot 10 Indian Lake Road
SOLD

Lot 10 Indian Lake Road

$5,000

Jul 9, 20210
30 days100%
50 Glen Ryall Drive
SOLD

50 Glen Ryall Drive

$481,500

Jun 29, 20213bd2ba1523sf
54 days96%$316/sf
58 Rainbow S End Road
SOLD

58 Rainbow S End Road

$498,000

Jun 10, 20212bd2ba1693sf
44 days100%$294/sf
68 Qualla Trace
SOLD

68 Qualla Trace

$438,000

May 24, 20214bd4ba1199sf
27 days100%$365/sf
Showing 30 sold properties

Market Statistics

The Indian Lake Estates real estate market shows buyer's market conditions. Homes typically sell within 139 days. With 5 active listings and 4 homes sold in the past year, Buyers have more negotiating power and time to decide.

Pricing

Median Price:$33,900

Average Price:$158,835.4

Property Details

Avg Bedrooms:2.7

Avg Bathrooms:2.4

Avg Lot Size:1.37 acres

Market Activity

Active Listings:5

Sold Last Year:4

Median Days to Sell:139 days

Community Info

Has HOA:No

Median Year Built:1988

New Construction:0%

Recently Off Market Properties

4 properties

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