Waterfront - Golf Course - Primary on Main
Address
1957 & 1923 Cold Mountain Road, Lake Toxaway, NC
Price
$ 9,000,000
Property Attributes
- ID#4378991
- TypeSingle Family
- Listing Status Active
- CountyTRANSYLVANIA
- CityLake Toxaway
- AreaTransylvania County
- NeighborhoodLake Toxaway Estates
- Zip28747
- Style
- Year Built2001
- Price$ 9,000,000
- Bedrooms4
- Full Bathrooms5
- Half Bathrooms1
- Sqr Footage4577
- Lot Size3.32 Acres
Data Source:
Canopy MLS
Property Description
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.
| Elementary School | Middle School | High School |
|---|---|---|
| T.C. Henderson Elementary School | Rosman Middle School | Rosman High School |
| Price History | |
|---|---|
| 5/8/2026 | Listed $9,000,000 |
General Features
| Living Area | 4577 |
|---|---|
| Sewer | Septic Installed |
| Heating | Forced Air,Heat Pump,Propane |
| Cooling | Central Air |
| Roof | Metal |
| Appliances | Dishwasher,Disposal,Dryer,Exhaust Hood,Gas Range,Refrigerator,Washer,Washer/Dryer |
| Garage Spaces | 1 |
| Patio/Porch Features | Covered,Deck,Front Porch |
| Security Features | Security System |
| Construction Materials | Fiber Cement,Stone |
| Year Built | 2001 |
| View | Mountain(s),Water |
| Levels | Two |
| Property Subtype | Single Family Residence |
| Parcel Number | 8513-81-5471-000 |
| Elevation | 3000 |
| Waterfront Features | Boat Ramp |
| Community Features | Lake Access,Picnic Area,Playground,Pond,Walking Trails |
| Additional Parcels Description | 8513-81-6286-000,8513-81-8458-000 |
| County | Transylvania |
| New Construction | No |
| Property Type | Residential |
| HOA | Yes |
| Subdivision Name | Lake Toxaway Estates |
| Garage Y/N | Yes |
| Full Baths | 5 |
| Directions | Travel Hwy 64 West to right on Blue Ridge Road. Turn left onto Cold Mtn Road just past the Lake Toxaway VFD on the right. The home will be on your left,marked 1957. |
| High School | Rosman |
| City | Lake Toxaway |
| Body of Water | Lake Toxaway |
| Senior Community Y/N | No |
| Lot Size Units | Acres |
| Carport Spaces | 1 |
| Carport Y/N | Yes |
| Elementary School | T.C. Henderson |
| Middle/Junior High School | Rosman |
| Additional Parcels Y/N | Yes |
| Standard Status | Active |
| CAR_HOASubjectTo | Required |
| Construction Type | Site Built |
| Restrictions | Architectural Review,Building,Deed,Manufactured Home Not Allowed,Modular Not Allowed,Short Term Rental Allowed,Square Feet,Subdivision |
| Tax Assessed Value | 6116150 |
| Listing Terms | Cash,Conventional |
Interior Features
| Basement | Interior Entry,Partially Finished,Walk-Out Access,Walk-Up Access |
|---|---|
| Flooring | Carpet,Tile,Wood |
| Fireplace Features | Great Room,Wood Burning |
| Basement (Y/N) | Yes |
| Window Features | Insulated Window(s),Skylight(s) |
| Fireplace Y/N | Yes |
| Above Grade Finished Area | 2897 |
| Half Baths | 1 |
| Laundry Features | Mud Room |
| Total Bedrooms | 4 |
| Below Grade Finished Area | 1680 |
| Total Baths | 6 |
| SqFt Main | 2257 |
| SqFt Upper | 640 |
| Bedroom | 1 |
Exterior Features
| Parking Features | Circular Driveway |
|---|---|
| Lot Features | Sloped,Wooded,Views,Waterfront |
| Water Source | Well |
| Lot Size Area | 3.32 |
| Foundation Details | Basement |
| Road Surface Type | Concrete,Paved |
| Door Features | Insulated Door(s) |
| Road Responsibility | Publicly Maintained Road |
| Main Level Garage YN | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 28747
Price
Year Built
Visits
Information deemed reliable but not guaranteed.
Property information provided courtesy of the Internet Exchange Program of the Greenville Association of Realtors.
The information being provided is 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.
Data is updated as of September 11, 2026 2:56 AM UTC
