905 Cold Mountain Road
Lake Toxaway, NC, 28747 $ 6,500,000
Bedrooms4 Baths4.0 Monthly Estimate*
$ 40,022
for $6,500,000 with 4 bedrooms and 4 full baths. This home was built in 1977 on a lot size of 2.89.
Welcome to an extraordinary lakefront estate on Lake Toxaway, Western North Carolina’s largest private lake, offering an unmatched blend of luxury, privacy, and future potential. Spanning 2.89 acres across two addresses, 905 Cold Mountain Road and 92 Mallard Point, this rare property features two beautifully appointed homes, three additional buildable lots, multiple boat slips, and a full set of architectural plans by nationally recognized architect Dawn K. Sherry. Her vision takes full advantage of the sweeping lake and mountain views, creating an inspiring opportunity for a true legacy home. The waterfront main home offers four bedrooms and four bathrooms, along with expansive lake-facing decks perfect for entertaining and a private boathouse. Just steps away, the fully renovated guest home provides a charming retreat with three bedrooms and two and a half baths. It features hardwood floors throughout, a spacious sunroom with panoramic lake views, a large covered porch, and an attached carport. Whether used as a guest residence, rental, or temporary living space while building, it delivers comfort and elegance with unobstructed views of the lake and surrounding Blue Ridge Mountains. Set in a quiet, secluded cove on Lake Toxaway, the estate also includes a large cleared lawn, a basketball court, and multiple boat slips along a stone seawall. With three additional buildable lots included, the property offers exceptional flexibility for expansion, investment, or creating a multi-generational compound. Buyers are drawn to Lake Toxaway for its peaceful waters, rich legacy, and exclusive atmosphere. The lake spans 640 acres with 14 miles of shoreline and is reserved exclusively for property owners. The area’s prestige is further elevated by the nearby Lake Toxaway Country Club, which offers golf, tennis, fine dining, and more by invitation only. Whether you are seeking a turnkey lakefront lifestyle, the foundation for a custom build, or a one-of-a-kind family retreat, this exceptional estate on Lake Toxaway delivers the best of mountain and waterfront living in one of the Southeast’s most coveted lake communities in the Blue Ridge Mountains.
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FeaturesGeneralView Lake Mountain(s)
Heating Central
Cooling Other
Year Built 1977
Appliances Dishwasher Refrigerator
Exterior Features Dock Fire Pit
Interior Features Open Floorplan Other
Utilities Electricity Connected Other See Remarks Water Connected
Roof Shingle
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* Excluded FeaturesList ByMitzi RauersListing Agent
Berkshire Hathaway Homeservices Meadows Mountain RealtyBroker
Affordability Calculator
- Monthly Principal & Interest
- $40,022
- Monthly Property Taxes
- $1,571
- 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.
Learn more about how to save NearbySingle family listings in Lake Toxaway, NC
Average List Price $2,766,538
Percent of Sale Price 57%
About Lake Toxaway, NC 2,645 Population
36% Since 2002
$ 44,271 Median Income
48.04 Median Age
15% Households with Children
Trends Information provided by ATTOM Data Solutions.
0 Elementary School
0 Middle School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/17/2026 | $6,500,000 | | Listed Price |