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Active

1957 1923 Cold Mountain Road

Lake Toxaway, NC 28747

Active 36 days on market Listing ID CAR301793872

$9,000,000

4 bd · 5 ba · 4,577 sqft · $1,966/sqft

4 Beds
5 Baths
4,577 Sq Ft
$1,966/Sq Ft
2001 Built
Single Family ResidenceLake Toxaway EstatesMay 8, 2026

Highlights

2001 build4 bedroomsSingle Family ResidenceLake Toxaway EstatesFireplaceBasementWaterfrontScenic ViewHOA Community

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.

Property Details

Interior Details

Heating
  • Forced Air
  • Heat Pump
  • Propane
Flooring
  • Carpet
  • Tile
  • Wood
Sqftmain
2257
Roomcount
11
Sqftlower
0
Sqftthird
0
Sqftupper
640
Bedroommain
1
Bedroomupper
0
Fullbathmain
2
Halfbathmain
1
Door Features
  • Insulated Door(s)
Fullbathupper
0
Halfbathupper
0
Half Bathrooms
1
Bedroombasement
3
Total Bathrooms
6
Window Features
  • Insulated Window(s)
  • Skylight(s)
Fullbathbasement
3
Halfbathbasement
0
Laundry Features
  • Mud Room
Mainlevelgarageyn
1
Security Features
  • Security System
Sqftunheatedtotal
703
Fireplace Features
  • Great Room
  • Wood Burning
Sqfttotalpropertyhla
4577
Sqftunheatedbasement
703

Square Footage And Levels

Levels
  • Two
Above Grade Finished Area
2897
Below Grade Finished Area
1680

Parking And Garage

Carport Spaces
1
Carport Present
true
Parking Features
  • Circular Driveway

Exterior Features

Roof
  • Metal
Construction Materials
  • Fiber Cement
  • Stone
Patio And Porch Features
  • Covered
  • Deck
  • Front Porch

Lot And Land

Lot Features
  • Sloped
  • Wooded
  • Views
  • Waterfront
Lot Size Units
Acres

Basement And Foundation

Basement
  • Interior Entry
  • Partially Finished
  • Walk-Out Access
  • Walk-Up Access
Foundation Details
  • Basement

Waterfront And View

View
  • Mountain(s)
  • Water
Waterfront Features
  • Boat Ramp

Utilities

Sewer
  • Septic Installed
Water Source
  • Well

Financial Information

Citytaxespaidto
No City Taxes Paid

Zoning And Restrictions

Zoningspecification
None

Listed by Kenneth McCall (828-553-2040) · Lake Toxaway Co. (828-966-4260)

Location

Address
1957 1923 Cold Mountain Road
City
Lake Toxaway, NC 28747
Get directions →

Schools

Elementary
T.C. Henderson
Middle
Rosman
High
Rosman

School assignments may change. Contact the school district to confirm.

Canopy MLS

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

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