1957 & 1923 Cold Mountain Road
$9,000,000
Lake Toxaway, NC, 28747
singlefamily
4
6
Lot Size: 3.32 Acres
ABOUT
Property Information
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.
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.
SPECIFICS
Property Details
Price:
$9,000,000
MLS #:
CAR4378991
Status:
Active
Beds:
4
Baths:
6
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lake Toxaway Estates
Listed Date:
May 8, 2026
Finished Sq Ft:
4,577
Lot Size:
144,619 sqft / 3.32 acres (approx)
Year Built:
2001
AMENITIES
Interior
Above Grade Finished Area
2897
Appliances
Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Below Grade Finished Area
1680
Cooling
Central Air
Flooring
Carpet, Tile, Wood
Heating
Forced Air, Heat Pump, Propane
Laundry Features
Mud Room
Levels
Two
AMENITIES
Exterior
Community Features
Lake Access, Picnic Area, Playground, Pond, Walking Trails
Construction Materials
Fiber Cement, Stone
Garage Spaces
1
Lot Features
Sloped, Wooded, Views, Waterfront
Parking Features
Circular Driveway
Patio And Porch Features
Covered, Deck, Front Porch
Roof
Metal
Security Features
Security System
View
Mountain(s), Water
Waterfront Features
Boat Ramp
Window Features
Insulated Window(s), Skylight(s)
NEIGHBORHOOD
Schools
Elementary School:
T.C. Henderson
Middle School:
Rosman
High School:
Rosman
FINANCIAL
Financial
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1957 & 1923 Cold Mountain Road
Lake Toxaway, NC