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

$9,000,000
4
BD
6
BA
4,577
SqFt

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Listing courtesy of Lake Toxaway Co.. scott@laketoxaway.com

List Price
$9,000,000
MLS#
4378991
Status
ACTIVE
Days on Market
80
Property Type
Residential
Year Built
2001
Bedrooms
4
Bathrooms
6
Full Baths
5
Half Baths
1
Lot Size
144,619
Lot Size Area
3.32
Living Area
4,577
Sq Ft Total
4577
County
Transylvania
Subdivision
Lake Toxaway Estates
Special Conditions
None
Waterfront
Yes
Waterfront Features
Boat Ramp

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.

Additional Information

Community Features
Lake Access, Picnic Area, Playground, Pond, Walking Trails
Fireplace
Yes
Floor Coverings
Carpet, Tile, Wood
Equipment
Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer
Foundation
Basement
Main Level Rooms
Primary Bedroom, Great Room, Kitchen, Den, Dining Area, Mud
Laundry Location
Mud Room
Heating
Forced Air, Heat Pump, Propane
Water
Well
Sewer
Septic Installed
Exterior Construction
Fiber Cement, Stone
Roof
Metal
Parking
Circular Driveway
Driveway
Concrete, Paved
Lot Description
Sloped, Wooded, Views, Waterfront
Elementary School
T.C. Henderson
Middle School
Rosman
High School
Rosman
Total Property HLA
4577
Master on Main Level
Yes

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Calculator source: Real Geeks

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