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John KurtzCharlotte · NC

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Lake Toxaway · Lake Toxaway, NC

138 Indian Trace

Lake Toxaway, NC · 5,608 sqft

$9,500,000

  • 4Beds
  • 6Baths
  • 5,608SqFt
  • 1998Year
  • 12Days on market

About this home

One of Lake Toxaway and Western North Carolina’s most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two prime lakefront point lots with 326 feet of lake frontage on fabled Lake Toxaway. Situated very close to the Lake Toxaway Country Club, Greystone Inn, Marina, and all amenities Lake Toxaway offers, this Old World Estate offers the finest appointments including extensive stone work, large, spacious rooms, three wood burning masonry fireplaces, chef’s kitchen, expansive master suite with en-suite paneled library, gracious guest suites upstairs, bonus room with full bath over a two car garage, generator, golf cart garage, extensive outdoor entertaining spaces including a covered dining porch, firepit, large stationary dock, two stall boat house, and one of the most spectacular lake and mountain views in the mountains of North Carolina. This home is a rare opportunity and a must see.

Property details

Beds
4
Baths
6
SqFt
5,608
Lot
Year built
1998
Type
Single Family
Days on market
12
Garage
2
Style
Old World, Traditional
Heating
Forced Air, Propane, Zoned
Cooling
Heat Pump, Zoned
Foundation
Basement
Flooring
Carpet, Tile, Wood
View
Mountain(s), Water, Year Round
HOA dues
$4,085 / yr

Features

  • Breakfast Bar
  • Built-in Features
  • Cable Prewire
  • Drop Zone
  • Entrance Foyer
  • Garden Tub
  • Kitchen Island
  • Open Floorplan
  • Pantry
  • Split Bedroom
  • Storage
  • Walk-In Closet(s)
  • Walk-In Pantry
  • Wet Bar
  • Other - See Remarks
  • Fire Pit
  • Other - See Remarks

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$70,260/ month

Principal & interest
$58,836
Property tax (~1.05%)
$8,312
Homeowners insurance
$2,770
HOA dues
$340

Down payment

$475,000 down · $9,025,000 financed

Income to qualify (28% rule)

~$3,011,142 / year household

A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.

Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.

Location

Begin the conversation

When you're
ready, so am I.

Whether you're quietly considering a move or simply curious about what your home might bring today, I welcome the conversation. Every relationship begins with a coffee.