1957 & 1923 Cold Mountain Road, Lake Toxaway, NC 28747
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
Listed by: kenneth mccall
Office: lake toxaway co.
MLS#:4378991
Source:CH
1957 & 1923 Cold Mountain Road,Lake Toxaway, NC 28747
$9,000,000
- 4 Beds
- 6 Baths
- 4,577 sq. ft.
- Single family
- Active
Price summary
- Price:$9,000,000
- Price per sq. ft.:$1,966.35
About this home
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....
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Home facts
- Year built:2001
- Listing ID #:4378991
- Updated:May 13, 2026 at 01:27 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:6
- Full bathrooms:5
- Half bathrooms:1
- Flooring:Carpet, Tile, Wood
- Kitchen Description:Dishwasher, Disposal, Exhaust Hood, Gas Range, Refrigerator
- Basement:Yes
- Living area:4,577 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Forced Air, Heat Pump, Propane
- Central air:Yes
Structure and exterior
- Roof:Metal
- Year built:2001
- Building area:4,577 sq. ft.
- Lot area:3.32 Acres
- Lot Features:Sloped, Views, Wooded
- Construction Materials:Fiber Cement, Stone
- Foundation Description:Basement
Schools
- High school:Rosman
- Elementary school:T.C. Henderson
Utilities
- Water:Well
- Sewer:Septic (At Site)
Finances and disclosures
- Price:$9,000,000
- Price per sq. ft.:$1,966.35
Features and amenities
- Laundry features:Dryer, Washer
Parking
- Garage:Yes
- Garage spaces:1
- Carport spaces:1
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