987 Cold Mountain Road Lake Toxaway, NC $ 3,250,000
987 Cold Mountain Road
$ 3,250,000
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987 Cold Mountain Road

Lake Toxaway, NC, 28747
$ 3,250,000
Bedrooms3 Baths3.0

Monthly Estimate*

$ 20,011

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Single Family Home for sale in Lake Toxaway, NC

for $3,250,000 with 3 bedrooms and 3 full baths. This home was built in 1973 on a lot size of 0.6.

Quaint cottage on an exceptional lot in Lake Toxaway Estates. Set on over half an acre of nearly level property that gently slopes to the shoreline of North Carolina’s largest private lake, the home offers open water and full mountain views with Toxaway Mountain in the background. Tastefully updated and designed for easy living, the home features 3 bedrooms plus a flex room and an open living-dining-kitchen layout. Ideal for gathering with family and friends, most areas boast views over the lawn and out to the lake. The main level includes a primary suite and a secondary flex room/sleeping space with an ensuite bath, while an additional bedroom and bunkroom above share a connecting bath. Natural light fills the sunroom, and an additional enclosed porch provides a great space for casual entertaining, complete with grill, refrigerator, and prep area. Outside, the property truly stands out: a rare, nearly level lawn leads to a large stone waterfront seating area and covered dock for easy days on the water. Located just off Cold Mountain Road and set back along a winding driveway for privacy, this is a unique opportunity to own a lakefront home with wide water views in one of Lake Toxaway’s most beautiful settings.

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Single Family Active

Price

$ 3,250,000

Bedrooms

3

Full Bath

3

Property Type

Single Family

Taxes

$ 9,671

Style

Lot Size

0.6

Year Built

1973

Town/City

Lake Toxaway

County/Region

Transylvania

MLS | Web ID

1002821

Features
General
View Lake Mountain(s) Water
Heating Electric Gas Heat Pump
Cooling Central Air
Year Built 1973
Appliances Dryer Dishwasher Microwave Oven Refrigerator Washer
Exterior Features Boat Slip Dock Private Entrance Private Yard
Interior Features Ceiling Fan(s) Primary Downstairs Open Floorplan
Utilities Cable Available Cable Connected High Speed Internet Available Propane
Roof Shingle
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* Excluded Features
List By
Amanda Jennings Gravley

Listing Agent

Fisher Realty Sapphire/Toxaway

Broker

agravley@fisherrealtync.com

Email

Affordability Calculator

$20,817
Per Month
96%
4%
0%
Monthly Principal & Interest
$20,011
Monthly Property Taxes
$806
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
3/16/2026$3,250,000 Listed Price

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987 Cold Mountain Road, Lake Toxaway, NC, 28747 is a Single Family Home for sale at $3,250,000 with a lot size of 0.6. 987 Cold Mountain Road has 3 bedrooms, 3.0 baths, and was built in 1973. The property's zip code is 28747 which is in Lake Toxaway, NC