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1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747
1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747
1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747
1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747
1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747
1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747
1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747

1957 - 1923 Cold Mountain Rd Lake Toxaway, NC 28747

$9,000,000

ACTIVE
Beds
4
Baths
6
Sqft
4,577
Acres
3.32
Year
2001
Days on Site
27
Property Type
Residential
Sub Type
Single Family
Per Square Foot
$1,966
Date Listed
May 8, 2026

Description of 1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747

Listing details for 1957 - 1923 Cold Mountain Rd, Lake Toxaway, NC 28747 : 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 Updated : 05-11-2026 at 12:32 PM EDT
Listing Provided By : Kenneth McCall, 828-966-4260, Lake Toxaway Co.
Source :

canopymls as distributed by MLS GRID, MLS#: CAR4378991

Property History

DateEventPrice
5/8/2026
Listed for sale
$9,000,000 -4.8%
$1,966/sqft
Source:canopymls #CAR4378991
5/1/2026
Listing removed
$9,450,000 -4.1%
$2,065/sqft
Source:canopymls #CAR4259671
5/16/2025
Listed for sale
$9,850,000
$2,152/sqft
Source:canopymls #CAR4259671
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Based on information submitted to the MLS GRID as of 2026-05-11. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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