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.
Property Details
- Cooling
- Central Air
- Heating
- Forced Air, Heat Pump, Propane
- Cooling Features
- Central Air
- Bedrooms
- 4
- Bathrooms
- 5.5
- Full Baths
- 5
- Half Baths
- 1
- View
- Mountain(s),Water
- Lot Features
- Sloped, Wooded, Views, Waterfront
- Stories
- 2
- Lot Description
- Sloped, Wooded, Views, Waterfront
- Acres
- 0.0
- Square Feet
- 4577.0
- Lot Size (sqft)
- 3.32
- Parking Features
- Circular Driveway
- Parking
- 1
- Parking Spaces
- 1.0
- Parking Type
- Driveway
- Parking Garage Spaces
- 1.0
- Parking Carport Spaces
- 1.0
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Interior Entry, Partially Finished, Walk-Out Access, Walk-Up Access
- Basement Finished
- 1
- Year Built
- 2001
- Foundation
- Basement
- Roof
- Metal
- Sewer Information
- Septic Installed
- Utility Source
- Well
- Appliances
- Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer
- Subdivision
- Lake Toxaway Estates
- Community Features
- Lake Access, Picnic Area, Playground, Pond, Walking Trails
- Elementary School
- T.C. Henderson
- Middle School
- Rosman
- High School
- Rosman
- County
- Transylvania
- Region
- Lake Toxaway
- Original List Price
- $9,000,000
- Days on Market (Cumulative)
- 646
- HOA
- 1
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-05-08T20:23:06Z. 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. Some IDX listings have been excluded from this website.
Provided By
Listed by Kenneth McCall (#CARsco466)
Listing Office: Lake Toxaway Co. (#CARNCM8150)
