For Sale
Single family home for sale at 1957 & 1923 Cold Mountain Rd, Lake Toxaway, NC 28747 | MLS# 4378991 | Listing updated on 2026-05-11
Photo 1 of Single family home for sale at 1957 & 1923 Cold Mountain Rd, Lake Toxaway, NC 28747 | MLS# 4378991 | Listing updated on 2026-05-11
Photo 2 of Single family home for sale at 1957 & 1923 Cold Mountain Rd, Lake Toxaway, NC 28747 | MLS# 4378991 | Listing updated on 2026-05-11
Photo 3 of Single family home for sale at 1957 & 1923 Cold Mountain Rd, Lake Toxaway, NC 28747 | MLS# 4378991 | Listing updated on 2026-05-11
Photo 4 of Single family home for sale at 1957 & 1923 Cold Mountain Rd, Lake Toxaway, NC 28747 | MLS# 4378991 | Listing updated on 2026-05-11
44+
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Street View

$9,000,000

Monthly Est:$44,796

  • Beds Icon4 Beds
  • Beds Icon
    6 Baths
  • Beds Icon4,577sqft

1957 & 1923 Cold Mountain Rd, Lake Toxaway, NC 28747

$44,796/moEst:

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  • Single Family Residence

  • Built in 2001

  • $-- HOA

  • 3.32 acres lot

  • $1,966/sq.ft

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.

  • Houzeo last checked: 2 minutes ago
  • Listing updated: May 11, 2026 at 4:25 pm
  • Listing Provided by: Kenneth McCall (828) 553-2040 | Lake Toxaway Co. (828) 966-4260
  • Source: Canopy MLS | MLS#: 4378991 Canopy MLS

Property Details

  • Status

    Active

  • Type

    Single Family Residence

  • No. of Stories

    -

  • County

    Transylvania County

  • City

    Lake Toxaway

  • Neighborhood

    --

  • Year Built

    2001

  • HOA Fees

    -

  • Finished Area

    4,577 sqft

  • Lot Size

    3.32 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4378991

  • MLS Status

    Active

  • Days on Market

    166

  • Cumulative Days on Market

    534

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 4

    Bathrooms: 6

Interior

  • Cooling

    Central Air

  • Flooring

    Carpet, Tile, Wood

  • Sewer

    Septic Installed

  • Heating

    Forced Air, Heat Pump, Propane

  • Window Features

    Insulated Window(s), Skylight(s)

  • Appliances

    Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/dryer

Construction

  • Year Built

    Year Built: 2001

  • Home type

    Single Family Residence

  • Construction Materials

    Fiber Cement, Stone

  • Roof

    Metal

  • Foundation Details

    Basement

Utilities & Energy

  • Water Source

    Well

  • Laundry Features

    Mud Room

  • Basement

    Interior Entry, Partially Finished, Walk Out Access, Walk Up Access

  • Security Features

    Security System

  • Parking Features

    Circular Driveway

  • Fireplace Features

    Great Room, Wood Burning

Other Features

  • Lot Features

    Sloped, Wooded, Views, Waterfront

  • Community Features

    Lake Access, Picnic Area, Playground, Pond, Walking Trails

  • Subdivision Name

    Lake Toxaway Estates

  • Patio And Porch Features

    Covered, Deck, Front Porch

Price History

DateEventPrice

05/08/2026

Source: mls_logoCanopy MLS #CAR4378991

Listed for Sale

$9,000,000 -4.76%

$1,966/sqft

05/01/2026

Source: mls_logoCanopy MLS #CAR4259671

Listing Removed

$9,450,000 -4.06%

$2,065/sqft

05/16/2025

Source: mls_logoCanopy MLS #CAR4259671

Price Increased

$9,850,000 +4.23%

$2,152/sqft

05/16/2025

Source: mls_logoCanopy MLS #CAR4259671

Listed for Sale

$9,450,000

$2,065/sqft

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