TBD Cold Mountain Road
Lake Toxaway, NC, 28747 $ 9,000,000
Bedrooms4 Baths5.1 Monthly Estimate*
$ 55,415
for $9,000,000 with 4 bedrooms and 5 full baths, 1 half bath. This home was built in 2001 on a lot size of 3.32.
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 5 & 1/2 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 2 1/2; 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.
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FeaturesGeneralView Lake Mountain(s) Trees/Woods
Heating Gas
Cooling Central Air
Year Built 2001
Appliances Dryer Dishwasher Freezer Disposal Gas Oven Gas Range Gas Water Heater Microwave Refrigerator Range Hood Trash Compactor Washer
Exterior Features Dock Propane Tank - Leased Water Feature
Interior Features Beamed Ceilings Bookcases Ceiling Fan(s) Cathedral Ceiling(s) Elevator See Remarks Sauna
Utilities Cable Available Electricity Connected High Speed Internet Available Propane Phone Available
Roof Metal
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* Excluded FeaturesList ByKenneth McCallListing Agent
Lake Toxaway CompanyBroker
Scott@LakeToxaway.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $55,415
- Monthly Property Taxes
- $2,445
- 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 $2,826,849
Percent of Sale Price 69%
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 |
|---|
| 5/8/2026 | $9,000,000 | | Listed Price |