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Land with Home for Sale in Lake Toxaway, North Carolina

1957 + Cold Mountain Rd, Lake Toxaway, NC 28747

$9,000,000
3.32 acres
Active sale
ago
Est $45,178/mo

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 5 & 1/2 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 2 1/2; 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.

Sq feet
4
Beds
5
Full baths
1
1/2 bath
2001
Built

Location

Street address
1957 + Cold Mountain Rd, Lot E4r
Community
Lake Toxaway Estates
Elevation
3,050 feet
Coordinates
35.1455, -82.9532

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.

Property details

Acreage
3.32 acres
MLS #
HCBOR 1003251
Posted

Property taxes

2025
$24,119

Parcels

  • 8513-81-5471

Details and features

Listing

Type
Residential
Subtype
Single Family Residence
Franchise
None

Lot

View
Lake, Mountains
Waterfront
Lake Front, Waterfront
Features
Many Trees, Native Plants, Sloped, Views, Wooded

Exterior

Parking
Driveway
Pool
Deck, Porch
Features
Dock, Propane Tank Leased, Water Feature

Structure

Stories
2
Water
Well
Sewer
Septic Tank
Heating
Natural Gas
Cooling
Central Air
Roof
Metal

Interior

Rooms
Basement, Bathroom x 6, Bedroom x 4, Bonus Room, Den, Dining Room, Family Room, Laundry Room
Flooring
Carpet, Tile, Wood
Fireplaces
Yes
Appliances
Dishwasher, Disposal, Dryer, Freezer, Gas Oven, Gas Range, Gas Water Heater, Microwave, Range Hood, Refrigerator, Trash Compactor, Washer
Security
Security
Accessibility
Accessible Elevator Installed
Features
Beamed Ceilings, Bookcases, Cathedral Ceilings, Ceiling Fans, Elevator, Sauna

Property utilities

CategoryTypeStatus
GasNatural GasConnected
GasPropaneConnected

Listing history

DateEventPriceChangeSource
May 9, 2026New listing$9,000,000HCBOR
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This 3.32-acre property is located at 1957 + Cold Mountain Rd Lot E4r in Lake Toxaway, NC 28747. The property is available for sale for $9,000,000. It has a 4 bedroom, 5 bath house built in 2001.

Checked 2 hours ago — Updated

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