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138 Indian Trace
Lake Toxaway NC 28747 US

$8,995,000

Active Listing ID 4361067
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4 bed
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5,608 square feet
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7.00 Bath (5 Full , 2 Half)
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Lot: 1.12 Acres
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Single Family Residence

$8,995,000

Active Listing ID 4361067
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138 Indian Trace A rare opportunity to acquire one of Lake Toxaway's most distinguished waterfront estates, now offered at an exceptional new price. One of Lake Toxaway and Western North Carolina's most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two premier lakefront point lots with an extraordinary 326 feet of shoreline on fabled Lake Toxaway. Ideally positioned just moments from the Lake Toxaway Country Club, Greystone Inn, marina, and the community's most desirable amenities, the residence offers a rare combination of privacy, convenience, and timeless prestige. Inspired by classic Old World architecture and built with uncompromising attention to detail, the home showcases extensive hand-laid stonework, grand and inviting living spaces, soaring ceilings, and three wood-burning masonry fireplaces that create a warm yet refined mountain ambiance. The chef's kitchen is designed for both elevated entertaining and everyday enjoyment, seamlessly connecting to the home's gracious gathering areas. The expansive primary suite is a true retreat, featuring an elegant en-suite paneled library and spa-inspired bath. Upstairs, generously sized guest suites provide comfort and privacy, while a spacious bonus room with full bath above the two-car garage offers flexible living for guests or recreation. Designed for exceptional indoor-outdoor living, the estate features expansive entertaining spaces including a covered dining porch, lakeside firepit, and multiple vantage points to take in the sweeping lake and mountain views. Outdoor amenities are unmatched, with a large stationary dock, rare two-stall boathouse, and exceptional shoreline access. Additional highlights include a golf cart garage, full-house generator, and thoughtfully designed storage and utility spaces that enhance year-round comfort and peace of mind. With one of the most spectacular lake and mountain settings in all of Western North Carolina, this is a truly rare offering-an irreplaceable legacy estate and a once-in-a-generation opportunity on Lake Toxaway.

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Property Features

  • Facts
  • Lot Size: 1.12 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 2
  • Cooling System: Heat Pump, Zoned
  • Exterior Finish: Fire Pit
  • Floor Covering: Wood, Tile, Carpet
  • Roof Type: Slate
  • Heating Fuels: Forced Air, Zoned, Propane (Heating)
  • Additional Features
  • Basement
  • Fireplace
  • Patio
  • Waterfront

School Information

  • School
  • T.C. Henderson(Elementary)
  • Rosman(MiddleSchool)
  • Rosman(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 8995000
  • unparsedaddress: 138 Indian Trace
  • postalcity: Lake Toxaway
  • stateorprovince: NC
  • country: US
  • postalcode: 28747
  • bathroomsfull: 5
  • bathroomshalf: 2
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.12
  • lotsizeunits: Acres
  • lotsizearea: 1.12
  • livingarea: 5608
  • livingareaunits: Square Feet
  • latitude: 35.132366
  • longitude: -82.942206
  • listagentfullname: Amanda Jennings Gravley
  • listagentemail: ajennings@fisherrealtync.com
  • listagentkey: 3yd-CMLSNC-65609
  • listagentmlsid: 65609
  • listagentpreferredphone: 8282002944
  • listagentofficephone: 8282002944
  • listofficekey: 3yd-CMLSNC-NCM102
  • listofficemlsid: NCM102
  • disclaimer: Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: CMLSNC
  • yearbuilt: 1998
  • listingcontractdate: 2026-04-03
  • countyorparish: Transylvania
  • parcelnumber: 8522-16-6570-000
  • elementaryschool: T.C. Henderson
  • highschool: Rosman
  • appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Cooktop, Indoor Grill, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer
  • cooling: Zoned, Heat Pump
  • constructionmaterials: Stone, Synthetic Stucco, Wood
  • flooring: Tile, Wood, Carpet
  • heating: Propane (Heating), Forced Air, Zoned
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Garage - Attached, Garage
  • roof: Slate
  • view: Water
  • waterfrontyn: True
  • franchiseaffiliation: None
  • interiorfeatures: Breakfast Bar, Built-in Features, Cable Prewire, Drop Zone, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar
  • exteriorfeatures: Fire Pit
  • windowfeatures: Insulated Windows
  • architecturalstyle: Other
  • rooms: Bathroom 4, Bathroom 5, Bedroom 4, Bathroom 7, Den, Bathroom 3, Bedroom 2, Bathroom 2, Dining Room, Basement, Bedroom 1, Family Room, Bathroom 1, Laundry Room, Bedroom 3, Bathroom 6
  • securityfeatures: Security System
  • otherstructures: Storage
  • utilities: Cable Available
  • patioandporchfeatures: Deck, Porch
  • basement: Storage Space, Unfinished, Exterior Entry
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.94221, 35.132366
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Fisher Realty - 10 Park Place", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ajennings@fisherrealtync.com", "ListBrokerageCity":"Brevard", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Fisher Realty - 10 Park Place", "ListBrokeragePhone":"(828) 883-9895", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10 Park Place West", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"17527 Rosman Hwy ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"NCM102", "ListOfficeCity":"Sapphire", "ListOfficeCountry":"US", "ListOfficeEmail":"info@fisherrealtync.com", "ListOfficePostalCode":"28774", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"Residential, Lake Toxaway, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/138-Indian-Trce_Lake-Toxaway_NC_28747_M50393-25447?f=listhub&s=CMLSNC&m=4361067&c=rexren", "MLSModificationTimestamp":"2026-08-01 14:40:05", "Neighborhoods":[{"Description":null, "Name":"Lake Toxaway Estates"}], "PostalCode":null, "RoomCount":16, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"Lots 2D and 2D1 as shown on Plat Book 2, Page 256A", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/20/2026 6:33:29 AM GMT
Source Updated Date: 8/27/2026 12:33:51 PM GMT

Courtesy of: Amanda Jennings Gravley, Fisher Realty,Sapphire/Toxaway, ajennings@fisherrealtync.com

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.