1957 & 1923 Cold Mountain Road,Lake Toxaway, NC 28747
Lake Toxaway, NC 28747
Description
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.
Details
| MLS # | 4378991 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 2001 |
| Days On Site | 123 |
| Listing Provided By | Lake Toxaway Co. | Kenneth McCall |
Features
| Bed(s) | 4 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 4,577 |
| Garage | 1 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 3.32 |
| Water Front | Yes |
| Property View | Mountain(s), Water |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air, Heat Pump, Propane |
| Window Features | Insulated Window(s), Skylight(s) |
| Appliances | Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer |
Exterior
| Roof | Metal |
|---|---|
| Security Features | Security System |
| Construction Materials | Fiber Cement, Stone |
| Foundation Details | Basement |
| Lot Features | Sloped, Wooded, Views, Waterfront |
Parking
| Garage Yes / No | Yes |
|---|---|
| Parking Features | Circular Driveway |
Location
| Community Features | Lake Access, Picnic Area, Playground, Pond, Walking Trails |
|---|
Other
| List Aor | Land of The Sky Association of Realtors |
|---|
Taxes
| Property | 6116150 |
|---|
Area Information
| State | NC |
|---|---|
| County | Transylvania |
| City | Lake Toxaway |
| Zip Code | 28747 |
| Area | Transylvania |
| Community Name | Lake Toxaway Estates |
| School District | Rosman |
| Elementary School | T.C. Henderson |
| High School | Rosman |
| Listing VS Median (in Lake Toxaway Estates) | |
Price: $9,000,000 low | high Med: $3,127,500 sqft: 4,577 low | high Med: 4,830 $ / sqft: $1,966 low | high Med: $649 On site: 123 low | high Med: 449 | |
Market Activity 28747
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of September 8, 2026 at 5:38:11 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Contact
Learn More About This Property
| State | NC |
|---|---|
| County | Transylvania |
| City | Lake Toxaway |
| Zip Code | 28747 |
| Area | Transylvania |
| Community Name | Lake Toxaway Estates |
| School District | Rosman |
| Elementary School | T.C. Henderson |
| High School | Rosman |
| Listing VS Median (in Lake Toxaway Estates) | |
Price: $9,000,000 low | high Med: $3,127,500 sqft: 4,577 low | high Med: 4,830 $ / sqft: $1,966 low | high Med: $649 On site: 123 low | high Med: 449 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
