Lake Toxaway, NC 28747 905 Cold Mountain Road
$6,500,000



58 more



























































Presented By: Berkshire Hathaway HomeServices Meadows Mountain Realty
Home Details
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.
Presented By: Berkshire Hathaway HomeServices Meadows Mountain Realty
Interior Features for 905 Cold Mountain Road
Bedrooms
Total Bedrooms4
Bathrooms
Total Baths4
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace FeaturesLivingRoom, Stone, WoodBurning
Fireplace Y/NYes
FlooringHardwood, Tile
Heating Y/NYes
General for 905 Cold Mountain Road
Additional Parcels Y/NNo
AppliancesDishwasher, Refrigerator
Architectural StyleRanch, Traditional
Assoc Fee Paid PerAnnually
Association NameLake Toxaway Community Association
AssociationName2Lake Toxaway Community Association
Attached Garage No
Body of WaterLake Toxaway
Carport Spaces1.0
Carport Y/NYes
CityLake Toxaway
Community FeaturesClubhouse, FitnessCenter, Golf, Lake, Playground, Pool, TennisCourts
Construction MaterialsWoodSiding
CountyTransylvania
Current FinancingCash
DirectionsHwy 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 Mall
DisclosuresFloodPlainDisclosure
ExclusionsNone
Expected Active Date 2025-06-06
Full Baths4
Garage Spaces2.0
Garage Y/NYes
HOAYes
HOA Fee$2496.0
HOA Fee 22496.0
HOA Fee 2 FrequencyAnnually
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size UnitsAcres
MLS AreaToxaway
MobileHomeRemainsYNNo
ModificationTimestamp2025-07-07T19:27:47.697-00:00
New ConstructionNo
Occupancy TypeVacant
Other StructuresBoatHouse, GuestHouse, Residence
Patio/Porch FeaturesCovered, Enclosed, Patio, Porch, Screened
Pool FeaturesCommunity
PossessionCloseOfEscrow
PostalCityLake Toxaway
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerSewerAppliedForPermit
Standard StatusActive
StatusActive
Stories2
Subdivision NameLake Toxaway Estates
Tax Annual Amount18851.44
Tax LotLP5
Tax Year2024
TopographyLevel, Rolling
UtilitiesElectricityConnected, WaterConnected
ViewLake, Mountains
Waterfront FeaturesLake, Waterfront
Year Built1977
Zoning DescriptionResidential
Exterior for 905 Cold Mountain Road
Covered Spaces3.0
Crops Included Y/NNo
Exterior AmenitiesDock, FirePit
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, Cleared, Waterfront, Level, RollingSlope
Lot Size Acres2.89
Lot Size Area2.89
Parking FeaturesCircularDriveway, Carport, Paved, ParkingLot
Road Frontage TypePrivateRoad
Road Surface TypeAsphalt
SpaNo
Water SourcePrivate
Waterfront Y/NYes
Additional Details
Price History

Mitzi Rauers
Broker / Luxury Collection Specialist

John Muir
Real Estate Broker