Photo 1 at 905 Cold Mountain Road, Lake Toxaway, NC 28747

Photo 2 at 905 Cold Mountain Road, Lake Toxaway, NC 28747

Photo 3 at 905 Cold Mountain Road, Lake Toxaway, NC 28747

60+

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Map location of 905 Cold Mountain Road, Lake Toxaway, NC 28747

$6,500,000

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905 Cold Mountain Road, Lake Toxaway, NC 28747

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4 Beds

4 Baths

- Sq Ft

Welcome to an extraordinary lakefront estate on Lake Toxaway, Western North Carolinas largest private lake, offering an unmatched blend of luxury, privacy, and future potential. Spanning 2.89 acres across two addresses905 Cold Mountain Road and 92 Mallard Pointthis rare property features two beautifully appointed homes, three additional buildable lots, multiple boat slips, and a full set of architectural plans by nationally recognized architect Dawn K. Sherry. Sherrys plans take full advantage of the propertys sweeping lake and mountain views, offering a stunning vision for a custom legacy home.The waterfront main home features four bedrooms and four bathrooms, expansive lake-facing decks ideal for entertaining, and a private boathouse. Nestled just steps away is the fully renovated guest homea charming three-bedroom, two-and-a-half-bath retreat with hardwood floors throughout, a spacious sunroom with panoramic lake views, a large covered porch, and an attached carport. Whether used as a guest residence, rental, or transitional space while building anew, it offers comfortable elegance and unobstructed vistas of the lake and surrounding Blue Ridge Mountains.Located in a quiet, secluded cove, the estate also boasts a large cleared lawn, a basketball court, and multiple boat slips along a stone seawall. With three additional buildable lots included, the property offers endless possibilities for expansion, investment, or creating a multi-generational compound.Buyers are drawn to Lake Toxaway for its tranquil waters, rich legacy, and exclusive atmosphere. As North Carolinas largest private lake, it spans 640 acres with 14 miles of shoreline, offering ample space for boating, fishing, and paddleboardingreserved solely for property owners. The areas prestige is further enhanced by the Lake Toxaway Country Club, offering golf, tennis, fine dining, and moreavailable by invitation only. With dramatic lake and mountain views, private lake access, and limited inventory, lakefront properties like this are a rare and valuable find.Whether youre seeking a turnkey lakefront lifestyle, the foundation for a custom build, or a one-of-a-kind family retreat, this exceptional estate on Lake Toxaway delivers the best of mountain and waterfront living in one of the Southeasts most coveted lake communities.

Listing By: Mitzi Rauers - Berkshire Hathaway HomeServices Meadows Mountain Realty nchcbor Realty.com

MLS# 1001104
Date Listed06/06/2025
Days on Realty 175 Days
Bedrooms 4
Bathrooms 4 Full baths
Lot Size 2.89 acres (125,888 sq. ft)
Subdivision Lake Toxaway Estates
Property Type Single Family
County Transylvania
Year Built 1977
Water Private

Interior Features

Appliances Dishwasher, Refrigerator
Flooring Hardwood, Tile
Heating Central

Exterior / Lot Features

Exterior Dock, Fire Pit, Boat House, Guest House, Residence
Roof Shingle
Lot Size Acres 2.89
Lot Size SQFT 125,888.40
Lot Features Back Yard, Cleared, Waterfront, Level, Rolling Slope

Directions

Hwy 64 to Blue Ridge Road (281N) to left on Cold Mountain Road. The home will be on the left just past Mallard Point. You can either walk down to the other home or jump on your car and turn on Mallard Point and it will be the first home on the right.

Financial Considerations

HOA Fee $2,496 Annually
Tax Amount $18,851
Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

T C Henderson Elementary

Public • PK - 5 • Serves this home

4.34 mi

Distance

T C Henderson Elementary

Public • PK - 5 • Serves this home

4.34 mi

Distance

Academy At Trails Carolina

Private • 09 - 12

4.99 mi

Distance

Sales & Tax History

Source: Public Records

Street Address	Beds	Baths	Sold Date	List Price	Valuation Date	Valuation Price
1311 Cold Mountain Road \| Listing	3	3	Nov 24, 2025	$1,799,000	Mar 21, 2024	$2,150,000
377 Hawk Mountain Road \| Listing	4	5	Nov 24, 2025	$2,350,000	Feb 09, 2021	$931,200
781 Cold Mountain Road \| Listing	3	3	Nov 24, 2025	$2,250,000	Mar 21, 2024	$3,450,000
637 Hawk Mountain Road	4	5	Nov 24, 2025	$1,295,000	Nov 28, 2025	-
145 Island Point Road	3	3	Nov 24, 2025	$3,189,920	Nov 28, 2025	-
4176 West Club Blvd	3	4	Nov 24, 2025	$4,750,000	Nov 28, 2025	-
35 Toxaway Landing Drive	2	4	Nov 24, 2025	$1,250,000	Nov 28, 2025	-
130 Indian Trace	3	5	Nov 24, 2025	$4,950,000	Nov 28, 2025	-
1101 Cold Mountain Road \| Listing	3	4	Nov 24, 2025	$3,695,000	Dec 28, 2020	$1,507,000
50 Clearwater Point	4	6	Nov 24, 2025	$5,500,000	Nov 28, 2025	-

Population & Environment

Source: Sperling's Best Places

	Zip	City	County	National
Population	2,857	2,857	35,783	335,858,263
Population Density	53	53	95	95
People per Household	2.4	2.4	2.2	2.6
Median Age	47.8	47.8	47.8	39.1
Median Income	$55,328	$55,328	$53,271	$66,222
Average Income	$34,250	$34,250	$31,338	$35,475
Cost of Living Index	87	87	82	100

	Zip	City	County	National
January Avg. High Temp	26.31°F	26.31°F	23.68°F	22.6°F
July Avg. High Temp	86.69°F	86.69°F	82.36°F	86.2°F
Annual Precipitation	89.74"	89.74"	65.87"	38"

...

Walkability in NC / 28747

Source: Walkscore

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 1/100.

Property Change History

24 Jun 2025

Agent added 1 new photo to the listing

62 → 63 photos

24 Jun 2025

Property description updated with new details

View Changes

Previous Description:

A rare opportunity to own one of the largest and most iconic lakefront estates in the exclusive Lake Toxaway community. This gently sloping 2.89-acre compound spans five combined lots and offers unmatched views of Lake Toxaway, Hogback Mountain, and the historic Greystone Inn. The property includes a beautifully renovated, nearly 2,000 sq ft 3BR/2.5BA cottage, a private dock, a lakeside stone patio with fire pit, a lush open meadow perfect for lawn games, and a serene shallow cove—ideal for swimming, paddleboarding, or safely watching little ones play by the shore. The grounds are rich with natural beauty, including sightings of rare white squirrels. Perched at the top of the property with sweeping lake views, the cottage features a gourmet kitchen with upscale appliances, designer finishes, a carport, and a circular driveway. It’s the perfect place to enjoy the property while building your dream home—and an ideal guest space once your dream is realized. Included in the sale are architectural plans for a thoughtfully designed, nearly 6,000 sq ft residence, years in the making. This two-story home features four spacious bedrooms, five and a half bathrooms, a main-level primary suite with dual baths and walk-in closets, and a soaking tub set in a windowed corner overlooking the lake. A private guest suite sits above the two-car garage, while the lower level offers a recreation room with wet bar, sauna, yoga/meditation space, laundry room, and generous storage. Outdoor living is exceptional, with a 500 sq ft screened porch with fireplace, a 1,000 sq ft boathouse observation deck, and a lower stone patio leading to a hot tub, outdoor shower, and direct lake access. The property is grandfathered for a rare and invaluable 20-foot lakefront setback—offering truly unmatched proximity to the water. Located within a private HOA, gain access to North Carolina’s largest private lake, a full-service marina, the Greystone Inn, and Lake Toxaway Country Club. This peaceful, jet ski-free lake features light boat traffic—perfect for kayaking, waterskiing, or fishing for bass right from your dock. All just one hour from Asheville Regional Airport. A multi-generational retreat where memories will be made for decades to come.

Updated Description:

Welcome to an extraordinary lakefront estate on Lake Toxaway, Western North Carolina’s largest private lake, offering an unmatched blend of luxury, privacy, and future potential. Spanning 2.89 acres across two addresses—905 Cold Mountain Road and 92 Mallard Point—this rare property features two beautifully appointed homes, three additional buildable lots, multiple boat slips, and a full set of architectural plans by nationally recognized architect Dawn K. Sherry. Sherry’s plans take full advantage of the property’s sweeping lake and mountain views, offering a stunning vision for a custom legacy home. The waterfront main home features four bedrooms and four bathrooms, expansive lake-facing decks ideal for entertaining, and a private boathouse. Nestled just steps away is the fully renovated guest home—a charming three-bedroom, two-and-a-half-bath retreat with hardwood floors throughout, a spacious sunroom with panoramic lake views, a large covered porch, and an attached carport. Whether used as a guest residence, rental, or transitional space while building anew, it offers comfortable elegance and unobstructed vistas of the lake and surrounding Blue Ridge Mountains. Located in a quiet, secluded cove, the estate also boasts a large cleared lawn, a basketball court, and multiple boat slips along a stone seawall. With three additional buildable lots included, the property offers endless possibilities for expansion, investment, or creating a multi-generational compound. Buyers are drawn to Lake Toxaway for its tranquil waters, rich legacy, and exclusive atmosphere. As North Carolina’s largest private lake, it spans 640 acres with 14 miles of shoreline, offering ample space for boating, fishing, and paddleboarding—reserved solely for property owners. The area’s prestige is further enhanced by the Lake Toxaway Country Club, offering golf, tennis, fine dining, and more—available by invitation only. With dramatic lake and mountain views, private lake access, and limited inventory, lakefront properties like this are a rare and valuable find. Whether you’re seeking a turnkey lakefront lifestyle, the foundation for a custom build, or a one-of-a-kind family retreat, this exceptional estate on Lake Toxaway delivers the best of mountain and waterfront living in one of the Southeast’s most coveted lake communities.

18 Jun 2025

Agent removed 4 photos from the listing

66 → 62 photos

16 Jun 2025

Agent added 6 new photos to the listing

60 → 66 photos

13 Jun 2025

Agent added 4 new photos to the listing

56 → 60 photos

9 Jun 2025

Agent removed 37 photos from the listing

93 → 56 photos

8 Jun 2025

Property description updated with new details

View Changes

Previous Description:

A rare opportunity to own one of the largest and most iconic lakefront estates in the exclusive Lake Toxaway community. This gently sloping 2.89-acre compound spans five combined lots and offers unmatched views of Lake Toxaway, Hogback Mountain, and the historic Greystone Inn. The property includes a beautifully renovated, nearly 2,000 sq ft 3BR/2.5BA cottage, a private dock, a lakeside stone patio with fire pit, a lush open meadow perfect for lawn games, and a serene shallow cove—ideal for swimming, paddleboarding, or safely watching little ones play by the shore. The grounds are rich with natural beauty, including sightings of rare white squirrels. Perched at the top of the property with sweeping lake views, the cottage features a gourmet kitchen with upscale appliances, designer finishes, a carport, and a circular driveway. It’s the perfect place to enjoy the property while building your dream home—and an ideal guest space once completed. Included in the sale are architectural plans for a thoughtfully designed, nearly 6,000 sq ft residence, years in the making. This two-story home features four spacious bedrooms, five and a half bathrooms, a main-level primary suite with dual baths and walk-in closets, and a soaking tub set in a windowed corner overlooking the lake. A private guest suite sits above the two-car garage, while the lower level offers a recreation room with wet bar, sauna, yoga/meditation space, laundry room, and generous storage. Outdoor living is exceptional, with a 500 sq ft screened porch with fireplace, a 1,000 sq ft boathouse observation deck, and a lower stone patio leading to a hot tub, outdoor shower, and direct lake access. The property is grandfathered for a rare and invaluable 20-foot lakefront setback—offering truly unmatched proximity to the water. Located within a private HOA, gain access to North Carolina’s largest private lake, a full-service marina, the Greystone Inn, and Lake Toxaway Country Club. This peaceful, jet ski-free lake features light boat traffic—perfect for kayaking, waterskiing, or fishing for bass right from your dock. All just one hour from Asheville Regional Airport. A multi-generational retreat where memories will be made for decades to come.

Updated Description:

7 Jun 2025

Property description updated with new details

View Changes

Previous Description:

A rare opportunity to own one of the largest and most iconic lakefront estates in the exclusive Lake Toxaway community. This gently sloping 2.89-acre compound spans five combined lots and offers unmatched views of Lake Toxaway, Hogback Mountain, and the historic Greystone Inn. The property includes a beautifully renovated 2000 sq ft 3BR/2.5BA cottage, a private dock, a lakeside stone patio with fire pit, a lush open meadow perfect for lawn games, and a serene, shallow cove ideal for swimming, paddleboarding, or watching little ones play safely by the shore. The grounds are rich with natural beauty, including sightings of rare white squirrels. The cottage is perched at the top of the property with sweeping lake views. It features a gourmet kitchen with upscale appliances, designer finishes, a carport, and a circular driveway. It's the perfect place to enjoy the property while your dream home is being built—and an ideal space for guests once completed. Included in the sale are architectural plans for a nearly 6,000 sq ft residence, years in the making. The two-story design includes 5 spacious bedrooms, 5.5 bathrooms, a main-level primary suite with his-and-hers baths and walk-in closets, and a soaking tub set in a windowed corner overlooking the lake. A guest suite is situated above the 2-car garage, while the lower level offers a recreation room with wet bar, a sauna, yoga/meditation space, laundry room, and ample storage. Outdoor living is elevated with a 500 sq ft screened porch with a fireplace, a 1,000 sq ft boathouse observation deck, and a lower stone patio that leads to a hot tub, outdoor shower, and direct lake access. Grandfathered for a rare 20-ft lakefront setback, rare and invaluable. This setting is truly one-of-a-kind—offering unmatched proximity to the water. Located in a private HOA of with access to North Carolina’s largest private lake. Enjoy a peaceful, jet ski-free environment with light boat traffic, ideal for kayaking, water skiing, or fishing for bass right from your dock. Located in a private HOA of just five homes, with access to North Carolina’s largest private lake, the marina, Greystone Inn, Lake Toxaway Country Club, and area markets and dining. Only one hour from Asheville Airport. A true legacy property for generations to come. This is more than a lake house—it’s a generational retreat where memories will be made for decades to come. Don’t miss this legacy estate in one of the Southeast’s most prestigious lake communities.

Updated Description:

A rare opportunity to own one of the largest and most iconic lakefront estates in the exclusive Lake Toxaway community. This gently sloping 2.89-acre compound spans five combined lots and offers unmatched views of Lake Toxaway, Hogback Mountain, and the historic Greystone Inn. The property includes a beautifully renovated, nearly 2,000 sq ft 3BR/2.5BA cottage, a private dock, a lakeside stone patio with fire pit, a lush open meadow perfect for lawn games, and a serene shallow cove—ideal for swimming, paddleboarding, or safely watching little ones play by the shore. The grounds are rich with natural beauty, including sightings of rare white squirrels. Perched at the top of the property with sweeping lake views, the cottage features a gourmet kitchen with upscale appliances, designer finishes, a carport, and a circular driveway. It’s the perfect place to enjoy the property while building your dream home—and an ideal guest space once completed. Included in the sale are architectural plans for a thoughtfully designed, nearly 6,000 sq ft residence, years in the making. This two-story home features four spacious bedrooms, five and a half bathrooms, a main-level primary suite with dual baths and walk-in closets, and a soaking tub set in a windowed corner overlooking the lake. A private guest suite sits above the two-car garage, while the lower level offers a recreation room with wet bar, sauna, yoga/meditation space, laundry room, and generous storage. Outdoor living is exceptional, with a 500 sq ft screened porch with fireplace, a 1,000 sq ft boathouse observation deck, and a lower stone patio leading to a hot tub, outdoor shower, and direct lake access. The property is grandfathered for a rare and invaluable 20-foot lakefront setback—offering truly unmatched proximity to the water. Located within a private HOA, gain access to North Carolina’s largest private lake, a full-service marina, the Greystone Inn, and Lake Toxaway Country Club. This peaceful, jet ski-free lake features light boat traffic—perfect for kayaking, waterskiing, or fishing for bass right from your dock. All just one hour from Asheville Regional Airport. A multi-generational retreat where memories will be made for decades to come.

6 Jun 2025

Agent added 4 new photos to the listing

89 → 93 photos

Points of Interest near 905 Cold Mountain Road, Lake Toxaway, NC 28747

Lake Toxaway, Transylvania County, NC, USA

Natural • Recreation

0.58 mi

Distance

Upper Lake Toxaway, Transylvania County, NC, USA

Natural • Recreation

0.97 mi

Distance

Lake Toxaway, Transylvania County, NC, USA

Natural • Recreation

0.58 mi

Distance

The Nest, Transylvania County, NC, USA

Recreation • Education • Entertainment

0.62 mi

Distance

Upper Lake Toxaway, Transylvania County, NC, USA

Natural • Recreation

0.97 mi

Distance

Lake Toxaway Golf Club, Transylvania County, NC, USA

Recreation • Entertainment

1.23 mi

Distance

The Nest, Transylvania County, NC, USA

Recreation • Education • Entertainment

0.62 mi

Distance

Lake Toxaway Golf Club, Transylvania County, NC, USA

Recreation • Entertainment

1.23 mi

Distance

Grand Olde Station, Transylvania County, NC, USA

Food • Retail • Nightlife • Transport

0.72 mi

Distance

Grand Olde Station, Transylvania County, NC, USA

Food • Retail • Nightlife • Transport

0.72 mi

Distance

Lake Toxaway Methodist Church, Transylvania County, NC, USA

Religion

0.48 mi

Distance

Hazel R. Fisher & Associates, Lake Toxaway, NC, USA

Professional

0.59 mi

Distance

Lake Toxaway Fire & Rescue, Transylvania County, NC, USA

Government

0.6 mi

Distance

The Nest, Transylvania County, NC, USA

Recreation • Education • Entertainment

0.62 mi

Distance

Grand Olde Station, Transylvania County, NC, USA

Food • Retail • Nightlife • Transport

0.72 mi

Distance

Grand Olde Station, Transylvania County, NC, USA

Food • Retail • Nightlife • Transport

0.72 mi

Distance

Hawk Mountain, Transylvania County, NC, USA

0.26 mi

Distance

Toxaway River, Transylvania County, NC, USA

0.32 mi

Distance

Greystone Inn, Lake Toxaway, NC, USA

0.64 mi

Distance

Inn, Transylvania County, NC, USA

0.66 mi

Distance

Indian Creek, Transylvania County, NC, USA

0.69 mi

Distance

Lake Toxaway Country Club, Transylvania County, NC, USA

0.7 mi

Distance

Upper Lake Toxaway Dam, Transylvania County, NC, USA

0.97 mi

Distance

Little Deep Ford Falls, Transylvania County, NC, USA

1.08 mi

Distance

Indian Lake Upper Dam, Transylvania County, NC, USA

1.11 mi

Distance

Indian Lake Upper, Transylvania County, NC, USA

1.11 mi

Distance

Toxaway Lower Dam, Transylvania County, NC, USA

1.17 mi

Distance

Avery Falls, Transylvania County, NC, USA

1.21 mi

Distance

Frequently Asked Questions for 905 Cold Mountain Road

Source: Realty.com

905 Cold Mountain Road, Lake Toxaway, NC 28747 is a Single Family 0 sq. ft. home listed for sale. Realty.com has 63 photos available of this 4 bed, 4 bath house, listed at $6,500,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 63 photos of 905 Cold Mountain Road.

Our records indicate that 905 Cold Mountain Road was built in 1977.

The full address for this home is 905 Cold Mountain Road, Lake Toxaway, NC 28747.

905 Cold Mountain Road has been listed on Realty.com since Fri June 06, 2025

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 2/100, Transit Score: 0/100, Bike Score: 1/100.

There are 1 schools assigned to this home. Check out the schools near 905 Cold Mountain Road. T C Henderson Elementary (Grades: PK - 5)

Listing provided courtesy of: Berkshire Hathaway Homeservices Meadows Mountain Realty (tel: 828-526-1717)
Listing agent: Mitzi Rauers (tel: 404-218-9123) (#RAUERSMI)

This content last refreshed on 2025-11-28 23:25:14. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 905 Cold Mountain Road, Lake Toxaway, NC 28747 : MLS# 1001104

905 Cold Mountain Road, Lake Toxaway, NC 28747

Interior Features

Exterior / Lot Features

Directions

Financial Considerations

Nearby Schools

4.34 mi

4.34 mi

4.99 mi

Sales & Tax History

Population & Environment

Walkability in NC / 28747

Overview

Walkability averages in the surrounding area

Previous Description:

Updated Description:

Previous Description:

Updated Description:

Previous Description:

Updated Description:

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Frequently Asked Questions for 905 Cold Mountain Road

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What is the Walkability around 905 Cold Mountain Road, Lake Toxaway, NC 28747?

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