One of Lake Toxaway and Western North Carolina’s most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two prime lakefront point lots with 326 feet of lake frontage on fabled Lake Toxaway. Situated very close to the Lake Toxaway Country Club, Greystone Inn, Marina, and all amenities Lake Toxaway offers, this Old World Estate offers the finest appointments including extensive stone work, large, spacious rooms, three wood burning masonry fireplaces, chef’s kitchen, expansive master suite with en-suite paneled library, gracious guest suites upstairs, bonus room with full bath over a two car garage, generator, golf cart garage, extensive outdoor entertaining spaces including a covered dining porch, firepit, large stationary dock, two stall boat house, and one of the most spectacular lake and mountain views in the mountains of North Carolina. This home is a rare opportunity and a must see.
- Heating System:
- Forced Air, Zoned, Propane
- Cooling System:
- Zoned, Heat Pump
- Basement:
- Exterior Entry, Storage Space, Unfinished
- Fireplace:
- Great Room, Family Room, Den, Fire Pit, Wood Burning
- Patio:
- Front Porch, Covered, Porch, Deck, Other - See Remarks
- Parking:
- Attached Garage, Golf Cart Garage
- Architectural Style:
- Traditional, Old World
- Exterior Features:
- Fire Pit, Other - See Remarks
- Flooring:
- Wood, Carpet, Tile
- Interior Features:
- Breakfast Bar, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Built-in Features, Cable Prewire, Drop Zone, Garden Tub, Split Bedroom, Storage, Other - See Remarks
- Laundry Features:
- Laundry Room, Main Level, Sink
- Sewer:
- Septic Installed
- Utilities:
- Underground Utilities, Electricity Connected, Phone Connected, Cable Connected, Propane, Underground Power Lines, Wired Internet Available, Satellite Internet Available, Cable Available, Fiber Optics
- Waterfront Features:
- Dock, Boat Ramp – Community
- Window Features:
- Insulated Window(s)
- Appliances:
- Refrigerator, Dishwasher, Microwave, Oven, Gas Cooktop, Bar Fridge, Disposal, Indoor Grill, Dryer, Exhaust Hood, Plumbed For Ice Maker, Washer, Washer/Dryer, Self Cleaning Oven
- Country:
- US
- State:
- NC
- County:
- Transylvania
- City:
- Lake Toxaway
- Street:
- Lake Toxaway Estates
- Zipcode:
- 28747
- Street:
- Indian
- Street Number:
- 138
- Street Suffix:
- Trace
- Longitude:
- W83° 3' 28.1''
- Latitude:
- N35° 7' 56.5''
- Directions:
- From US64, enter Lake Toxaway Estates at the main entrance and follow West Club Boulevard to the stop sign. Take a right on the continuation of West Club Blvd. to a right on the first Indian Trace. Home will be after the curve on the right.
- Zoning:
- None
- Elementary School:
- T.C. Henderson
- High School:
- Rosman
- Middle School:
- Rosman
- Office Name:
- Fisher Realty,Sapphire/Toxaway
- Agent Name:
- Amanda Jennings Gravley
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Community Features:
- Golf, Recreation Area, Clubhouse, Lake Access, Walking Trails, Other, Tennis Court(s), Fitness Center, Playground, Putting Green, Game Court, Picnic Area, Sport Court
- Construction Materials:
- Wood, Stone, Synthetic Stucco
- Foundation Details:
- Basement
- Garage:
- 2
- Levels:
- One and One Half
- Lot Features:
- Corner Lot, Private, Waterfront, Other - See Remarks
- Water Body Name:
- Lake Toxaway
- Water Source:
- Well
- Association Fee:
- 4085
- Association Fee Frequency:
- Annually
- Association Yn:
- 1
- List Agent Mls Id:
- 65609
- List Office Mls Id:
- NCM102
- Mls Status:
- Active
- Modification Timestamp:
- 2026-04-15T22:10:08Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-04-03T12:57:05Z
Residential For Sale
138 Indian Trace, Lake Toxaway, North Carolina 28747
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 4361067
- Price :
- $9,500,000
- View :
- Mountain(s),Water,Year Round
- Bedrooms :
- 4
- Bathrooms :
- 7
- Half Bathrooms :
- 2
- Square Footage :
- 5,608 Sqft
- Year Built :
- 1998
- Status :
- Active
- Full Bathrooms :
- 5
- Property Sub Type :
- Single Family Residence
- Roof:
- Slate
