1957 & 1923 Cold Mountain Road, Lake Toxaway, NC

$9,000,000

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4

Beds

6

Baths

4,577

Square feet

3.32

Acres

About 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 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.

Features of 1957 & 1923 Cold Mountain Road

MLS® # 4378991
Price $9,000,000
Bedrooms 4
Bathrooms 6
Full Baths 5
Half Baths 1
Square Footage 4,577
Acres 3.32
Year Built 2001
Type Residential
Sub-Type Single Family Residence
Status Active

Community Information

Address 1957 & 1923 Cold Mountain Road
Subdivision Lake Toxaway Estates
City Lake Toxaway
County Transylvania
State NC
Zip Code 28747

Amenities

# of Garages 1
Garages Circular Driveway
Is Waterfront Yes
Waterfront Boat Ramp
Has Pool No

Interior

Appliances Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer
Heating Forced Air, Heat Pump, Propane
Cooling Central Air
Fireplace Yes
Has Basement Yes
Basement Interior Entry, Partially Finished, Walk-Out Access, Walk-Up Access

Exterior

Lot Description Sloped, Wooded, Views, Waterfront
Roof Metal
Construction Fiber Cement, Stone

School Information

Elementary T.C. Henderson
Middle Rosman
High Rosman

Additional Information

Date Listed May 8th, 2026
Days on Market 3
Foreclosure No
Short Sale No

Listing Details

OfficeLake Toxaway Co.

Listing Map

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