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Lake Toxaway Lakefront Property

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1957 & 1923 Cold Mountain Road
Lake Toxaway, NC 28747

Property

$9,000,000

DIRECT lakefront

Single Family:
4 bedrooms, 5 full baths, 1 half baths

Transylvania
(Lake Toxaway Estates)
Fireplaces:

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 Information

Total Living Area: 4577 sq. ft.
Garage/Parking: Circular Driveway
Approx. Acres: 3.32
Living Area - Main Level: 2257 sq. ft.
Living Area - 2nd Floor: 640 sq. ft.
Living Area - Lower: 0 sq. ft.

Room Details

Primary Bedroom:Main level
Den:Main level
Dining Area:Main level
Family Room:Basement
Great Room:Main level
Kitchen:Main level
Mud:Main level
Office:Upper level

Features

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Other Property Information

Year Built: 2001

Tax Information

Taxes:
Parcel #: 8513-81-5471-000

Listed by Kenneth McCall of Lake Toxaway Co.

CMLS # CAR4378991

© 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 Monday, May 11, 2026 at 6:46 AM

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