For Sale
Single family home for sale at 138 Indian Tr, Lake Toxaway, NC 28747 | MLS# 4361067 | Listing updated on 2026-08-01
Photo 1 of Single family home for sale at 138 Indian Tr, Lake Toxaway, NC 28747 | MLS# 4361067 | Listing updated on 2026-08-01
Photo 2 of Single family home for sale at 138 Indian Tr, Lake Toxaway, NC 28747 | MLS# 4361067 | Listing updated on 2026-08-01
Photo 3 of Single family home for sale at 138 Indian Tr, Lake Toxaway, NC 28747 | MLS# 4361067 | Listing updated on 2026-08-01
Photo 4 of Single family home for sale at 138 Indian Tr, Lake Toxaway, NC 28747 | MLS# 4361067 | Listing updated on 2026-08-01
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Street View

$8,995,000

Monthly Est:$44,771

  • Beds Icon4 Beds
  • Beds Icon
    7 Baths
  • Beds Icon5,608sqft

138 Indian Tr, Lake Toxaway, NC 28747

$44,771/moEst:

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  • Single Family Residence

  • Built in 1998

  • $340.42/mo HOA

  • 1.12 acres lot

  • $1,604/sq.ft

Description

A rare opportunity to acquire one of Lake Toxaway's most distinguished waterfront estates, now offered at an exceptional new price. One of Lake Toxaway and Western North Carolina’s most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two premier lakefront point lots with an extraordinary 326 feet of shoreline on fabled Lake Toxaway.

Ideally positioned just moments from the Lake Toxaway Country Club, Greystone Inn, marina, and the community’s most desirable amenities, the residence offers a rare combination of privacy, convenience, and timeless prestige.

Inspired by classic Old World architecture and built with uncompromising atten
tion to detail, the home showcases extensive hand-laid stonework, grand and inviting living spaces, soaring ceilings, and three wood-burning masonry fireplaces that create a warm yet refined mountain ambiance. The chef’s kitchen is designed for both elevated entertaining and everyday enjoyment, seamlessly connecting to the home’s gracious gathering areas.

The expansive primary suite is a true retreat, featuring an elegant en-suite paneled library and spa-inspired bath. Upstairs, generously sized guest suites provide comfort and privacy, while a spacious bonus room with full bath above the two-car garage offers flexible living for guests or recreation.

Designed for exceptional indoor-outdoor living, the estate features expansive entertaining spaces including a covered dining porch, lakeside firepit, and multiple vantage points to take in the sweeping lake and mountain views. Outdoor amenities are unmatched, with a large stationary dock, rare two-stall boathouse, and exceptional shoreline access.

Additional highlights include a golf cart garage, full-house generator, and thoughtfully designed storage and utility spaces that enhance year-round comfort and peace of mind.

With one of the most spectacular lake and mountain settings in all of Western North Carolina, this is a truly rare offering—an irreplaceable legacy estate and a once-in-a-generation opportunity on Lake Toxaway.

  • Houzeo last checked: 2 minutes ago
  • Listing updated: August 1, 2026 at 2:40 pm
  • Listing Provided by: Amanda Jennings Gravley (828) 200-2944 | Fisher Realty,Sapphire/Toxaway (828) 966-9290
  • Source: Canopy MLS | MLS#: 4361067 Canopy MLS

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Transylvania County

  • City

    Lake Toxaway

  • Neighborhood

    --

  • Year Built

    1998

  • HOA Fees

    $340.42/mo

  • Finished Area

    5,608 sqft

  • Lot Size

    1.12 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4361067

  • MLS Status

    Active

  • Days on Market

    201

  • Cumulative Days on Market

    120

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Location

HOA Management

IPM Corporation

HOA Fees

$4,085/ Annually

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 7

Interior

  • Heating

    Forced Air, Propane, Zoned

  • Flooring

    Carpet, Tile, Wood

  • Appliances

    Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Cooktop, Indoor Grill, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer, Washer/dryer

  • Interior Features

    Breakfast Bar, Built In Features, Cable Prewire, Drop Zone, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk In Closet(s), Walk In Pantry, Wet Bar, Other See Remarks

  • Cooling

    Heat Pump, Zoned

  • Exterior Features

    Fire Pit, Other See Remarks

  • Window Features

    Insulated Window(s)

  • Sewer

    Septic Installed

Construction

  • Year Built

    Year Built: 1998

  • Home type

    Single Family Residence

  • Roof

    Slate

  • Construction Materials

    Stone, Synthetic Stucco, Wood

  • Foundation Details

    Basement

  • Architectural Style

    Old World, Traditional

Utilities & Energy

  • Laundry Features

    Laundry Room, Main Level, Sink

  • Basement

    Exterior Entry, Storage Space, Unfinished

  • Parking Features

    Attached Garage, Golf Cart Garage

  • Fireplace Features

    Den, Family Room, Fire Pit, Great Room, Wood Burning

  • Security Features

    Carbon Monoxide Detector(s), Security Service, Security System, Smoke Detector(s)

  • Utilities

    Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Connected, Propane, Satellite Internet Available, Underground Power Lines, Underground Utilities, Wired Internet Available

  • Water Source

    Well

Other Features

  • Subdivision Name

    Lake Toxaway Estates

  • Patio And Porch Features

    Covered, Deck, Front Porch, Porch, Other See Remarks

  • Lot Features

    Corner Lot, Private, Waterfront, Other See Remarks

  • Community Features

    Clubhouse, Fitness Center, Game Court, Golf, Lake Access, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Tennis Court(s), Walking Trails, Other

Price History

DateEventPrice

04/03/2026

Source: mls_logoCanopy MLS #CAR4361067

Listed for Sale

$8,995,000 -5.32%

$1,604/sqft

04/03/2026

Source: mls_logoCanopy MLS #CAR4361067

Price Increased

$9,500,000 +5.61%

$1,694/sqft

04/03/2026

Source: mls_logoCanopy MLS #CAR4361067

Price Decreased

$8,995,000 -10.01%

$1,604/sqft

12/03/2025

Source: mls_logoCanopy MLS #CAR4202517

Listing Removed

$9,995,000

$1,782/sqft

10/05/2025

Source: mls_logoCanopy MLS #CAR4202517

Price Decreased

$9,995,000 -2.49%

$1,782/sqft

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Nearby Homes

Based on information submitted to the MLS GRID from Canopy MLS through Oct 21, 2026, 09:31AM. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty