LKV Realty
Logo
$9,000,000
$7,200Reward *
1957 & 1923 Cold Mountain Road, Lake Toxaway, NC 28747Listing ID 4378991

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

Active
Lake Toxaway Estates
Time on site: 102 daysLast updated: May 11, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
6
Square Feet
Square Feet
4,577
Days on Site
Days on Site
101
Cooling
Cooling
Central Air
Heating
Heating
Forced Air, Heat Pump, Propane
Year Built
Year Built
2001
Garages
Garages
1
Parking
Parking
Circular Driveway

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.

Property Information

Property Details

Location

Address
1957 & 1923 Cold Mountain Road
County
Transylvania
City
Lake Toxaway
Zip Code
28747
Subdivision
Lake Toxaway Estates
High School
Rosman
Elementary School
T.C. Henderson

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
5
Half Bathrooms
1

Building

Building Information

Square Feet
4,577
Year Built
2001
Construction
Fiber Cement, Stone
Foundation
Basement
Roof
Metal

Financial

Special Conditions
None
Lake Toxaway Co., (828) 966-4260

Market Report for 28747

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Canopy MLS
Canopy MLS logo

Based on information submitted to the MLS GRID as of 18 Aug 2026, 10:54 AM UTC. All data is obtained from various sources and may not have been verified by 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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