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Lake Toxaway Lakefront Property

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138 Indian Trace
Lake Toxaway, NC 28747

Property

$8,995,000

DIRECT lakefront

Single Family: Old World, Traditional
4 bedrooms, 5 full baths, 2 half baths

Transylvania
(Lake Toxaway Estates)
Fireplaces:

A rare opportunity to acquire one of Lake Toxaway's most distinguished waterfront estates, now offered at an exceptional new price. One of Lake Toxaway and Western North Carolina’s most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two premier lakefront point lots with an extraordinary 326 feet of shoreline on fabled Lake Toxaway. Ideally positioned just moments from the Lake Toxaway Country Club, Greystone Inn, marina, and the community’s most desirable amenities, the residence offers a rare combination of privacy, convenience, and timeless prestige. Inspired by classic Old World architecture and built with uncompromising attention to detail, the home showcases extensive hand-laid stonework, grand and inviting living spaces, soaring ceilings, and three wood-burning masonry fireplaces that create a warm yet refined mountain ambiance. The chef’s kitchen is designed for both elevated entertaining and everyday enjoyment, seamlessly connecting to the home’s gracious gathering areas. The expansive primary suite is a true retreat, featuring an elegant en-suite paneled library and spa-inspired bath. Upstairs, generously sized guest suites provide comfort and privacy, while a spacious bonus room with full bath above the two-car garage offers flexible living for guests or recreation. Designed for exceptional indoor-outdoor living, the estate features expansive entertaining spaces including a covered dining porch, lakeside firepit, and multiple vantage points to take in the sweeping lake and mountain views. Outdoor amenities are unmatched, with a large stationary dock, rare two-stall boathouse, and exceptional shoreline access. Additional highlights include a golf cart garage, full-house generator, and thoughtfully designed storage and utility spaces that enhance year-round comfort and peace of mind. With one of the most spectacular lake and mountain settings in all of Western North Carolina, this is a truly rare offering—an irreplaceable legacy estate and a once-in-a-generation opportunity on Lake Toxaway.

Property Information

Total Living Area: 5608 sq. ft.
Garage/Parking: Attached Garage, Golf Cart Garage
Approx. Acres: 1.12
Living Area - Main Level: 3784 sq. ft.
Living Area - 2nd Floor: 1824 sq. ft.
Living Area - Lower: 0 sq. ft.

Room Details

Primary Bedroom:Main level
Den:Main level
Dining Room:Main level
Family Room:Main level
Kitchen:Main level
Living Room:Main level
Loft:Upper level
Office:Main level
Study:Upper level

Features

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Other Property Information

Year Built: 1998

Tax Information

Taxes:
Parcel #: 8522-16-6570-000

Listed by Amanda Jennings Gravley of Fisher Realty,Sapphire/Toxaway

CMLS # CAR4361067

© MLS GRID. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by Canopy MLS, if any, and as amended from time to time. 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.

Canopy MLS data last updated on Friday, May 29, 2026 at 12:18 PM

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