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

  • $9,000,000

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.

  • Address: 1957 & 1923 Cold Mountain Road
  • City: Lake Toxaway
  • State/county: NC
  • Zip/Postal Code: 28747
  • Area: Lake Toxaway Estates

Details

Updated on May 9, 2026 at 9:02 am
  • Property ID 4378991
  • Price $9,000,000
  • Bedrooms 4
  • Bathrooms 6
  • Garage 1
  • Garage Size x x
  • Year Built 2001
  • Property Type Single Family Residence, Residential
  • Property Status Active, For Sale

Additional details

  • Listing Terms Cash,Conventional
  • Roof Metal
  • Sewer Septic Installed
  • Cooling Central Air
  • Heating Forced Air,Heat Pump,Propane
  • Flooring Carpet,Tile,Wood
  • County Transylvania
  • Property Type Residential
  • Parking Circular Driveway
  • Elementary School T.C. Henderson
  • Middle School Rosman
  • High School Rosman
  • Community Features Lake Access,Picnic Area,Playground,Pond,Walking Trails
  • Waterfront Boat Ramp

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Contact Information

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The Simpson Group Realty
  • The Simpson Group Realty

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