138 Indian Trace, Lake Toxaway, NC 28747
Local realty services provided by:Better Homes and Gardens Real Estate Integrity Partners
Listed by: amanda jennings gravley
Office: fisher realty,sapphire/toxaway
MLS#:4361067
Source:CH
138 Indian Trace,Lake Toxaway, NC 28747
$8,995,000
- 4 Beds
- 7 Baths
- 5,608 sq. ft.
- Single family
- Active
Price summary
- Price:$8,995,000
- Price per sq. ft.:$1,603.96
- Monthly HOA dues:$340.42
About this home
A rare opportunity to acquire one of Lake Toxaway's most distinguished waterfront estates, now offered at an exceptional new price. One of Lake Toxaway and Western North Carolina’s most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two premier lakefront point lots with an extraordinary 326 feet of shoreline on fabled Lake Toxaway.
Ideally positioned just moments from the Lake Toxaway Country Club, Greystone Inn, marina, and the community’s most desirable amenities, the residence offers a rare combination of privacy, convenience, and timeless prestige.
Inspired by classic Old World architecture and built with uncompromising attention to detail, the home showcases extensive hand-laid stonework, grand and inviting living spaces, soaring ceilings, and three wood-burning masonry fireplaces that create a warm yet refined mountain ambiance. The chef’s kitchen is designed for both elevated entertaining and everyday enjoyment, seamlessly connecting to the home’s gracious gathering areas.
The expansive primary suite is a true retreat, featuring an elegant en-suite paneled library and spa-inspired bath. Upstairs, generously sized guest suites provide comfort and privacy, while a spacious bonus room with full bath above the two-car garage offers flexible living for guests or recreation.
Designed for exceptional indoor-outdoor living, the estate features expansive entertaining spaces including a covered dining porch, lakeside firepit, and multiple vantage points to take in the sweeping lake and mountain views. Outdoor amenities are unmatched, with a large stationary dock, rare two-stall boathouse, and exceptional shoreline access.
Additional highlights include a golf cart garage, full-house generator, and thoughtfully designed storage and utility spaces that enhance year-round comfort and peace of mind.
With one of the most spectacular lake and mountain settings in all of Western North Carolina, this is a truly rare offering—an irreplaceable legacy estate and a once-in-a-generation opportunity on Lake Toxaway....
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Home facts
- Year built:1998
- Subdivision & Development:Lake Toxaway Estates
- Listing ID #:4361067
- Updated:October 10, 2026 at 01:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:7
- Full bathrooms:5
- Half bathrooms:2
- Flooring:Carpet, Tile, Wood
- Kitchen Description:Bar Fridge, Dishwasher, Disposal, Exhaust Hood, Gas Cooktop, Indoor Grill, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven
- Basement:Yes
- Living area:5,608 sq. ft.
Heating and cooling
- Heating:Forced Air, Propane
Structure and exterior
- Roof:Slate
- Year built:1998
- Building area:5,608 sq. ft.
- Lot area:1.12 Acres
- Lot Features:Corner Lot, Private
- Architectural Style:Old World, Traditional
- Construction Materials:Stone, Synthetic Stucco, Wood
- Exterior Features:Fire Pit
- Foundation Description:Basement
Schools
- High school:Rosman
- Elementary school:T.C. Henderson
Utilities
- Water:Well
- Sewer:Septic (At Site)
Finances and disclosures
- Price:$8,995,000
- Price per sq. ft.:$1,603.96
Features and amenities
- Laundry features:Dryer, Laundry Room, Main Level, Washer
- Amenities:Breakfast Bar, Garden Tub, Open Floorplan, Walk-In Closet(s), Walk-In Pantry, Wet Bar
Parking
- Parking description:Attached Garage, Golf Cart Garage
- Garage:Yes
- Garage spaces:2
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