1957 & 1923 Cold Mountain Road
$9,000,000
4 bd 6 ba 4,577 sqft
1957 & 1923 Cold Mountain Road
Lake Toxaway, NC 28747
Property Type
Residential
Year Built
2001
Lot Size
Garage
1 spaces

About This Property

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

Bedrooms
4
Bathrooms
6
Basement
Yes
Living Area
4,577 sqft

Exterior & Lot

Year Built
2001
Garage Spaces
1

Location

Subdivision
Lake Toxaway Estates
County
Transylvania
ZIP Code
28747

Financial

Listing Terms
Cash, Conventional

Utilities

Sewer
Septic Installed

Schools

Elementary
T.C. Henderson
Middle School
Rosman
High School
Rosman

Appliances

Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer

Heating

Forced Air, Heat Pump, Propane

Cooling

Central Air

Patio & Porch Features

Covered, Deck, Front Porch

Lot Features

Sloped, Wooded, Views, Waterfront

Location

Listing Information

MLS #
CAR4378991
Listing Agent
Kenneth McCall
Listing Office
Lake Toxaway Co.
Listed Date
May 9, 2026
Jonathan Jackson
Jonathan Jackson
Realtor®, Broker in Charge

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