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John KurtzCharlotte · NC

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Lake Toxaway · Lake Toxaway, NC

987 Cold Mountain Road

Lake Toxaway, NC · 2,338 sqft

$3,250,000

  • 3Beds
  • 3Baths
  • 2,338SqFt
  • 1973Year
  • 77Days on market

About this home

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.

Property details

Beds
3
Baths
3
SqFt
2,338
Lot
Year built
1973
Type
Single Family
Days on market
77
Heating
Electric, Forced Air, Propane
Cooling
Central Air, Electric
Foundation
Crawl Space
View
Mountain(s), Water, Year Round
HOA dues
$5,292 / yr

Features

  • Open Floorplan
  • Storage

Payment estimate

Estimated monthly payment

Includes P&I, tax, insurance, HOA

$24,360/ month

Principal & interest
$20,128
Property tax (~1.05%)
$2,843
Homeowners insurance
$947
HOA dues
$441

Down payment

$162,500 down · $3,087,500 financed

Income to qualify (28% rule)

~$1,044,036 / 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

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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.