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John KurtzCharlotte · NC

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Lake Toxaway · Lake Toxaway, NC

1957 & 1923 Cold Mountain Road

Lake Toxaway, NC · 4,577 sqft

$9,000,000

  • 4Beds
  • 5.5Baths
  • 4,577SqFt
  • 2001Year
  • 3Days on market

About this home

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.

Property details

Beds
4
Baths
5.5
SqFt
4,577
Lot
Year built
2001
Type
Single Family
Days on market
3
Garage
1
Heating
Forced Air, Heat Pump, Propane
Cooling
Central Air
Foundation
Basement
Flooring
Carpet, Tile, Wood
View
Mountain(s), Water

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance

$66,239/ month

Principal & interest
$55,739
Property tax (~1.05%)
$7,875
Homeowners insurance
$2,625
HOA dues

Down payment

$450,000 down · $8,550,000 financed

Income to qualify (28% rule)

~$2,838,840 / 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.