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- Description
- Property Details
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Street View
$9,000,000
Monthly Est:$44,796
4 Beds
- 6 Baths
5 full baths + 1 half bath
4,577sqft
1957 & 1923 Cold Mountain Rd, Lake Toxaway, NC 28747
$9,000,000
$44,796/moEst:
Get Pre-Approved
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

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
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
| Date | Event | Price |
|---|---|---|
05/08/2026 Source: | Listed for Sale | $9,000,000 -4.76% $1,966/sqft |
05/01/2026 Source: | Listing Removed | $9,450,000 -4.06% $2,065/sqft |
05/16/2025 Source: | Price Increased | $9,850,000 +4.23% $2,152/sqft |
05/16/2025 Source: | Listed for Sale | $9,450,000 $2,065/sqft |
Nearby Homes
Find Homes by Property Features in Lake Toxaway, NC
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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.
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