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1957 & 1923 Cold Mountain Road
Lake Toxaway NC 28747 US

$9,000,000

Active Listing ID 4378991
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4 bed
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6.00 Bath (5 Full , 1 Half)
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Lot: 3.32 Acres
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Single Family Residence

$9,000,000

Active Listing ID 4378991
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1957 & 1923 Cold Mountain Road 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 5 1/2 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 2 1/2 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.

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Property Features

  • Facts
  • Lot Size: 3.32 Acres
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 5
  • 1/2 Bathrooms: 1
  • Cooling System: Central Air
  • Floor Covering: Carpet, Wood, Tile
  • Roof Type: Metal
  • Heating Fuels: Propane (Heating), Heat Pump (Heating), Forced Air
  • 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: 9000000
  • unparsedaddress: 1957 & 1923 Cold Mountain Road
  • postalcity: Lake Toxaway
  • stateorprovince: NC
  • country: US
  • postalcode: 28747
  • bathroomsfull: 5
  • bathroomshalf: 1
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 3.32
  • lotsizeunits: Acres
  • lotsizearea: 3.32
  • livingarea: 4577
  • livingareaunits: Square Feet
  • latitude: 35.14534162
  • longitude: -82.95312927
  • listagentfullname: Kenneth McCall
  • listagentemail: scott@laketoxaway.com
  • listagentkey: 3yd-CMLSNC-sco466
  • listagentmlsid: sco466
  • listagentpreferredphone: 8285532040
  • listagentofficephone: 8285532040
  • listofficekey: 3yd-CMLSNC-NCM8150
  • listofficemlsid: NCM8150
  • 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: 2001
  • listingcontractdate: 2026-05-08
  • listagentfax: 8288843964
  • listagenturl: http://www.laketoxaway.com
  • countyorparish: Transylvania
  • parcelnumber: 8513-81-5471-000
  • elementaryschool: T.C. Henderson
  • highschool: Rosman
  • appliances: Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer
  • cooling: Central Air
  • constructionmaterials: Fiber Cement, Stone
  • flooring: Carpet, Wood, Tile
  • heating: Propane (Heating), Heat Pump (Heating), Forced Air
  • fireplaceyn: True
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Driveway
  • roof: Metal
  • view: Water
  • waterfrontyn: True
  • franchiseaffiliation: None
  • windowfeatures: Insulated Windows, Skylight(s)
  • rooms: Basement, Bedroom 4, Family Room, Bathroom 3, Bedroom 2, Bathroom 5, Bathroom 1, Bathroom 4, Bathroom 6, Bedroom 1, Bathroom 2, Den, Bedroom 3
  • securityfeatures: Security System
  • patioandporchfeatures: Deck, Porch
  • basement: Walk-Out Access, Interior Entry, Walk-Up Access, Partially Finished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.95313, 35.14534
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Lake Toxaway Co.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"scott@laketoxaway.com", "ListBrokerageCity":"Lake Toxaway", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Lake Toxaway Co.", "ListBrokeragePhone":"8289664260", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":null, "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"100 Waterfall Circle", "ListBrokerageWebsiteUrl":"http://www.laketoxaway.com", "ListOfficeAddress1":"100 Waterfall Cir ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"NCM8150", "ListOfficeCity":"Lake Toxaway", "ListOfficeCountry":"US", "ListOfficeEmail":"will@laketoxaway.com", "ListOfficePostalCode":"28747", "ListOfficeStateOrProvince":"NC", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Lake Toxaway, NC", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1957-Cold-Mountain-Rd_Lake-Toxaway_NC_28747_M51267-14083?f=listhub&s=CMLSNC&m=4378991&c=rexren", "MLSModificationTimestamp":"2026-05-09 09:02:17", "Neighborhoods":[{"Description":null, "Name":"Lake Toxaway Estates"}], "PostalCode":null, "RoomCount":11, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":"B EE L004 N SHORE DR", "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/9/2026 9:09:11 AM GMT
Source Updated Date: 5/10/2026 12:36:50 PM GMT

Courtesy of: Kenneth McCall, Lake Toxaway Co., scott@laketoxaway.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.