Date
Details
Price
Change
Source
5/08/2026
Listed
$9,000,000
—
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
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.
Full Property Details
Full Property Details for 1957 & 1923 Cold Mountain Rd
General
- Price: $9,000,000
- Status: Active
- Type: Single Family
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4378991
- Updated: 5/8/2026
- Added to Site: 7 day(s) ago
Interior
- Fireplace: Yes
- Fireplace(s): Great Room, Wood Burning, Great Room, Wood Burning
- Appliances: Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer
- Flooring: Carpet, Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
- Main - Full Baths: 2
- Main - 1/2 Baths: 1
- Basement Baths: 3
Bedrooms
- Total Bedrooms: 4
- Bedrooms-B: 3
- Bedrooms Main & Up: 1
Other Rooms
- Laundry: Mud Room
Additional Information
- Shared Amenities: Lake Access, Picnic Area, Playground, Pond, Walking Trails
Parking
- Garage: Yes
- Garage Spaces: 1
- Carports: Yes
- Carport Spaces: 1
- Parking Features: Circular Driveway
Location
- County: Transylvania
- Subdivision: Lake Toxaway Estates
- Driving Directions: Travel Hwy 64 West to right on Blue Ridge Road. Turn left onto Cold Mtn Road just past the Lake Toxaway VFD on the right. The home will be on your left, marked 1957.
School Information
- Elementary School: T.C. Henderson
- Middle School: Rosman
- High School: Rosman
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Heat Pump, Propane
Utilities
- Sewer: Septic Installed
- Water: Well
Structural Information
- Construction: Site Built
- Exterior Const.: Fiber Cement, Stone
- Basement: Yes
- Basement Desc.: Interior Entry, Partially Finished, Walk-Out Access, Walk-Up Access
- Roof: Metal
- Upper: 640 Sq. Ft.
- Main/1st Level: 2,257 Sq. Ft.
- Year Built: 2001
Lot Features
- Street/Road Desc.: Concrete, Paved
- Elevation (Approx.): 3000
- Lot Features: Sloped, Wooded, Views, Waterfront
Water Features
- Water Front Name: Lake Toxaway
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Restrictions: Architectural Review, Building, Deed, Manufactured Home Not Allowed, Modular Not Allowed, Short Term Rental Allowed, Square Feet, Subdivision
- Property ID: 8513-81-5471-000
- Lot Number: 868/472
Listed by Lake Toxaway Co.
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Listing agent
— 1957 & 1923 Cold Mountain Rd —
Lake Toxaway Co.
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Schools
Schools serving 1957 & 1923 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 1957 & 1923 Cold Mountain Rd
Estimate the Cost
Estimate the Cost for 1957 & 1923 Cold Mountain Rd
1957 & 1923 Cold Mountain Road, Lake Toxaway, NC 28747 (MLS# 4378991) is a Single Family property with 4 bedrooms, 5 full bathrooms and 1 partial bathroom. 1957 & 1923 Cold Mountain Road is currently listed for $9,000,000 and was received on May 08, 2026. Want to learn more about 1957 & 1923 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.