Date
Details
Price
Change
Source
5/21/2026
Listed
$4,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
Welcome to an extraordinary lakefront retreat on Lake Toxaway, thoughtfully designed by renowned architect Allen Brown and expertly crafted by John Holbrook. Set on a rare flat lot with easy access to a private dock, this home blends timeless mountain charm with relaxed lakeside living. Inside, the spacious floor plan features 4 bedrooms and 4.5 bathrooms, designed for both comfort and entertaining. The main-level primary suite is a true sanctuary, complete with exposed beams, dual walk-in closets, and a spa-like soaking tub. Upstairs, generously sized guest bedrooms provide plenty of space and privacy for family and visitors. At the heart of the home, the chef's kitchen is outfitted with a Viking range, abundant storage, and an open layout that flows seamlessly into the great room. A stunning masonry fireplace anchors the living space, creating a warm and inviting atmosphere year-round. Step outside to enjoy the expansive outdoor living area, where a second fireplace overlooks the lake - the perfect setting for quiet mornings, evening gatherings, and unforgettable memories by the water. Elegant shiplap detailing throughout the main level adds warmth and classic mountain character. Designed with both beauty and functionality in mind, the property also includes a two-car garage with a built-in workshop, additional covered storage for boats, bikes, or extra vehicles, and a large lower-level storage area ideal for kayaks, paddleboards, canoes, and all your lake gear. Offering exceptional craftsmanship, breathtaking surroundings, and the best of Lake Toxaway living, this remarkable waterfront home is a place to relax, reconnect, and enjoy every season by the lake. Membership to Lake Toxaway Country Club is based on availability and application.
Full Property Details
Full Property Details for 1585 Cold Mountain Rd
General
- Price: $4,995,000
- HOA FEE: $340/month
- HOA FEE FREQ.: Annually
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4383951
- Updated: 5/21/2026
- Added to Site: 9 day(s) ago
Interior
- Interior Features: Breakfast Bar, Built-in Features, Cable Prewire, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
- Fireplace: Yes
- Fireplace(s): Great Room, Wood Burning, Great Room, Wood Burning
- Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave, Refrigerator, Washer, Washer/Dryer
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
- Upper - Full Baths: 3
- Main - Full Baths: 1
- Main - 1/2 Baths: 1
Bedrooms
- Total Bedrooms: 4
- Bedrooms Upper: 3
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Laundry Room
Parking
- Garage: Yes
- Garage Spaces: 2
- Parking Features: Driveway, Attached Garage
Location
- County: Transylvania
- Subdivision: Lake Toxaway Estates
- Driving Directions: From Hwy 64, turn left onto Blue Ridge Road. At the Lake Toxaway Fire Department, turn left on Cold Mountain Road. Follow around to #1585 on the left. Look for the mailbox marked "Cognetta"
Community
- Assoc. Name: LTCA
Heating & Cooling
- Cooling Type: Central Air, Dual
- Heating Type: Floor Furnace, Heat Pump
Utilities
- Sewer: Septic Installed
- Water: Well
- Utility Description: Cable Available, Electricity Connected, Phone Connected
Structural Information
- Construction: Site Built
- Exterior Const.: Shingle/Shake, Stone, Wood
- Basement Desc.: Storage Space
- Roof: Architectural Shingle
- Upper: 1,913 Sq. Ft.
- Main/1st Level: 2,030 Sq. Ft.
- Year Built: 2006
Lot Features
- Street/Road Desc.: Asphalt, Paved
- Elevation (Approx.): 3000
- Lot Features: Views, Waterfront
Water Features
- Water Front Name: Lake Toxaway
Financial Considerations
- Association Fee: $4,085
- Assoc Fee Freq.: Annually
Disclosures and Reports
- Restrictions: Architectural Review, Deed, Square Feet, Subdivision
- Property ID: 8523-00-1743-000
- Lot Number: 421/594
Listed by Lake Toxaway Co.
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Listing agents
— 1585 Cold Mountain Rd —
Lake Toxaway Co.
Lake Toxaway Co.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 1585 Cold Mountain Rd
School District:Transylvania County Schools
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1585 Cold Mountain Rd
Tax History
Tax History for 1585 Cold Mountain Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$16,323
97%
$3,396,990
170%
2023
$8,287
—
$1,258,890
—
2022
$8,287
1%
$1,258,890
—
2021
$8,224
-13%
$1,258,890
-7%
2020
$9,409
1%
$1,351,800
—
2019
$9,341
22%
$1,351,800
—
2018
$7,643
1%
$1,351,800
—
2017
$7,555
—
$1,351,800
—
2016
$7,528
3%
$1,351,800
-10%
2015
$7,298
—
$1,502,240
—
2014
$7,284
3%
$1,502,240
—
2013
$7,056
—
$1,502,240
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1585 Cold Mountain Rd
1585 Cold Mountain Road, Lake Toxaway, NC 28747 (MLS# 4383951) is a Single Family property with 4 bedrooms, 4 full bathrooms and 1 partial bathroom. 1585 Cold Mountain Road is currently listed for $4,995,000 and was received on May 21, 2026. Want to learn more about 1585 Cold Mountain Road? Do you have questions about finding other Single Family real estate for sale in Lake Toxaway? You can browse all Lake Toxaway real estate or contact a Coldwell Banker agent to request more information.