987 Cold Mountain Road
$3,250,000
Lake Toxaway, NC, 28747
singlefamily
3
3
Lot Size: 0.6 Acres
ABOUT
Property Information
Quaint cottage on an exceptional lot in Lake Toxaway Estates. Set on over half an acre of nearly level property that gently slopes to the shoreline of North Carolina’s largest private lake, the home offers open water and full mountain views with Toxaway Mountain in the background. Tastefully updated and designed for easy living, the home features 3 bedrooms plus a flex room and an open living-dining-kitchen layout. Ideal for gathering with family and friends, most areas boast views over the lawn and out to the lake.
The main level includes a primary suite and a secondary flex room/sleeping space with an ensuite bath, while an additional bedroom and bunkroom above share a connecting bath. Natural light fills the sunroom, and an additional enclosed porch provides a great space for casual entertaining, complete with grill, refrigerator, and prep area.
Outside, the property truly stands out: a rare, nearly level lawn leads to a large stone waterfront seating area and covered dock for easy days on the water. Located just off Cold Mountain Road and set back along a winding driveway for privacy, this is a unique opportunity to own a lakefront home with wide water views in one of Lake Toxaway’s most beautiful settings.
The main level includes a primary suite and a secondary flex room/sleeping space with an ensuite bath, while an additional bedroom and bunkroom above share a connecting bath. Natural light fills the sunroom, and an additional enclosed porch provides a great space for casual entertaining, complete with grill, refrigerator, and prep area.
Outside, the property truly stands out: a rare, nearly level lawn leads to a large stone waterfront seating area and covered dock for easy days on the water. Located just off Cold Mountain Road and set back along a winding driveway for privacy, this is a unique opportunity to own a lakefront home with wide water views in one of Lake Toxaway’s most beautiful settings.
SPECIFICS
Property Details
Price:
$3,250,000
MLS #:
CAR4354164
Status:
Active
Beds:
3
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Lake Toxaway Estates
Listed Date:
Mar 7, 2026
Finished Sq Ft:
2,338
Lot Size:
26,136 sqft / 0.60 acres (approx)
Year Built:
1973
AMENITIES
Interior
Above Grade Finished Area
2338
Appliances
Dishwasher, Dryer, Electric Oven, Microwave, Washer
Bathrooms
3 Full Bathrooms
Cooling
Central Air, Electric
Heating
Electric, Forced Air, Propane
Interior Features
Open Floorplan, Storage
Laundry Features
In Kitchen
Levels
Two
AMENITIES
Exterior
Community Features
Boat Storage, Lake Access, Picnic Area, Playground, Walking Trails, Other
Construction Materials
Brick Partial, Wood
Lot Features
Green Area, Level, Views, Waterfront
Parking Features
Attached Carport, Driveway, Parking Space(s)
Patio And Porch Features
Patio, Screened
Roof
Architectural Shingle
View
Mountain(s), Water, Year Round
Waterfront Features
Boat House, Boat Ramp – Community, Boat Slip – Community, Dock, Retaining Wall
NEIGHBORHOOD
Schools
Elementary School:
T.C. Henderson
Middle School:
Rosman
High School:
Rosman
FINANCIAL
Financial
HOA Fee
$5,292
HOA Fee Frequency
Annually
HOA Name
IPM/Lake Toxaway Community Association
HOA Phone
828-966-9453
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987 Cold Mountain Road
Lake Toxaway, NC






