An extraordinary and uniquely distinct opportunity to own three exceptional properties within the prestigious Lake Toxaway Estates. Together, these offerings totaling 3.32 acres total create an unparalleled legacy estate with expansive lakefront, multiple homesites, and outstanding amenities in one of Western North Carolina’s most coveted mountain communities.
The centerpiece, 1957 Cold Mountain Road, is a remarkable waterfront residence designed for both grand entertaining and relaxed mountain living. The home features 4 bedrooms and 5½ baths, highlighted by a dramatic great room with a massive stone fireplace, soaring beamed cathedral ceilings, and an impressive wall of windows that captures breathtaking lake views. A chef’s kitchen is equipped with Viking ovens and range, dual dishwashers, and a large center island ideal for gathering. The lower-level family room offers a one-of-a-kind pizza oven, creating the perfect setting for casual entertaining. Additional features include a sauna, elevator, whole-home generator, circular drive, expansive landscaping, and generous covered porches designed to embrace the natural beauty of the surroundings. The property also includes two boathouses with docks and a paved cart path leading directly from the home to one of the boathouses. Ideally positioned across the lake from the Marina, Country Club, and Golf Course, the setting combines privacy with exceptional convenience.
Also included is 1923 Cold Mountain Road, consisting of 2½ lots totaling 1.278 acres with the flexibility to subdivide. This exceptional lakefront parcel features a paved drive, boathouse, and docks, offering tremendous potential for an additional residence, guest retreat, or future investment opportunity.
Completing the offering is Lot 50N, a 1.37-acre parcel located across Cold Mountain Road from the other properties. Easily developable or marketable as a separate homesite, this parcel adds even greater flexibility and long-term value to this rare multi-property offering.
This is a truly extraordinary chance to create a private family compound, investment portfolio, or legacy estate in the heart of Lake Toxaway.
- Heating System:
- Heat Pump, Forced Air, Propane
- Cooling System:
- Central Air
- Basement:
- Interior Entry, Partially Finished, Walk-Out Access, Walk-Up Access
- Fireplace:
- Great Room, Wood Burning
- Patio:
- Front Porch, Covered, Deck
- Parking:
- Circular Driveway
- Carport Spaces:
- 1
- Flooring:
- Wood, Carpet, Tile
- Laundry Features:
- Mud Room
- Sewer:
- Septic Installed
- Waterfront Features:
- Boat Ramp
- Window Features:
- Insulated Window(s), Skylight(s)
- Appliances:
- Refrigerator, Dishwasher, Gas Range, Disposal, Dryer, Exhaust Hood, Washer, Washer/Dryer
- Country:
- US
- State:
- NC
- County:
- Transylvania
- City:
- Lake Toxaway
- Street:
- Lake Toxaway Estates
- Zipcode:
- 28747
- Street:
- Cold Mountain
- Street Number:
- 1957 & 1923
- Street Suffix:
- Road
- Longitude:
- W83° 2' 48.7''
- Latitude:
- N35° 8' 43.2''
- Directions:
- Travel Hwy 64 West to right on Blue Ridge Road. Turn left onto Cold Mtn Road just past the Lake Toxaway VFD on the right. The home will be on your left, marked 1957.
- Elementary School:
- T.C. Henderson
- High School:
- Rosman
- Middle School:
- Rosman
- Office Name:
- Lake Toxaway Co.
- Agent Name:
- Kenneth McCall
- TaxAnnualAmount:
- $0
- TaxAssessedValue:
- $0
- AssociationFee:
- $0
- Community Features:
- Pond, Lake Access, Walking Trails, Playground, Picnic Area
- Construction Materials:
- Stone, Fiber Cement
- Foundation Details:
- Basement
- Garage:
- 1
- Levels:
- Two
- Lot Features:
- Wooded, Sloped, Views, Waterfront
- Water Body Name:
- Lake Toxaway
- Water Source:
- Well
- Association Yn:
- 1
- List Agent Mls Id:
- sco466
- List Office Mls Id:
- NCM8150
- Listing Term:
- Cash,Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-05-11T16:25:08Z
- Originating System Name:
- Canopy
- Special Listing Conditions:
- None
- Status Change Timestamp:
- 2026-05-08T20:21:47Z
Residential For Sale
1957 & 1923 Cold Mountain Road, Lake Toxaway, North Carolina 28747
- Property Type :
- Residential
- Listing Type :
- For Sale
- Listing ID :
- 4378991
- Price :
- $9,000,000
- View :
- Mountain(s),Water
- Bedrooms :
- 4
- Bathrooms :
- 6
- Half Bathrooms :
- 1
- Square Footage :
- 4,577 Sqft
- Year Built :
- 2001
- Status :
- Active
- Full Bathrooms :
- 5
- Property Sub Type :
- Single Family Residence
- Roof:
- Metal
