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.
Listing Snapshot
Inside Area (SqFt)
4,577 sqft
Recent Activity
| 4 months ago | | Listing first seen on site |
| 4 months ago | | Listing updated with changes from the MLS® |
General Features
Parking
Circular Driveway
Property Sub Type
Single Family Residence
Interior Features
Appliances
DishwasherDisposalDryerGas RangeRefrigeratorWasherWasher/Dryer
Basement
Interior EntryPartially FinishedWalk-Out AccessWalk-Up Access
Fireplace Features
Great RoomWood Burning
Heating
Forced AirHeat PumpPropane
Exterior Features
Construction Details
Fiber CementStone
Lot Features
SlopedWoodedViewsWaterfront
Patio And Porch
CoveredDeckFront Porch
Waterfront Features
Lake Toxaway
Waterview
Mountain(s)Water
Community Features
Association Amenities
Trail(s)
Community Features
Playground
Financing Terms Available
CashConventional
Schools
Elementary SchoolT.C. Henderson
Listing courtesy of Lake Toxaway Co. scott@laketoxaway.com
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Last checked - 2026-09-22 09:47 AM UTC
Source: Walkscore
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