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138 Indian Trace

Lake Toxaway, NC 28747
  • $11,500,000
  • STATUS: Active Under Contract
  • ON SITE: 19 Days
  • ID#: 4202517
Under Contract
UPDATED: 36 min ago
$11,500,000
  • 4
    BEDS
  • 1.12
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
  • 5,608
    SQFT
  • $2,051
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1998
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Fisher Realty - 10 Park Place: 828-883-9895. Copyright 2025 Canopy MLS. All rights reserved.

Description

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2025-01-16T06:34:00.46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Mossy Oak Properties Land and Luxury nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

Some IDX listings have been excluded from this website.

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138 Indian Trace Lake Toxaway, NC 28747

  • Price: $11,500,000
  • Status: Active Under Contract
  • On Site: 19 Days
  • Updated: 36 min ago
  • ID#: 4202517
4
Beds
5
Baths
2
½ Baths
1.12
Acres
5,608
SQFT
$2,051
$/SQFT
1998
Built
Neighborhood:
Lake Toxaway Estates
County:
Transylvania
Area:
Lake Toxaway
Elementary School:
T.C. Henderson
Middle School:
Rosman
High School:
Rosman
Property Description
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.
Exterior Features

Architectural Style Old WorldTraditional Carport Spaces 0 Carport YN No Construction Materials StoneSynthetic StuccoWood Construction Type Site Built Exterior Features Fire PitOther - See Remarks Foundation Details Basement Garage Square Footage 786 Garage YN Yes Levels One and One Half Lot Features Corner LotPrivateWaterfrontOther - See Remarks Main Level Garage YN Yes Out Buildings YN Other - See Remarks Parking Features Attached GarageGolf Cart Garage Patio And Porch Features CoveredDeckFront PorchPorchOther - See Remarks Road Responsibility Private Maintained Road Road Surface Type BrickConcretePaved Roof Slate Waterfront Features Boat Ramp – CommunityDock Window Features Insulated Window(s)

Interior Features

Above Grade Finished Area 5608 Appliances Bar FridgeDishwasherDisposalDryerExhaust HoodGas CooktopIndoor GrillMicrowaveOvenPlumbed For Ice MakerRefrigeratorSelf Cleaning OvenWasherWasher/Dryer Basement Exterior EntryStorage SpaceUnfinished Basement YN Yes Below Grade Finished Area 0 Cooling Heat PumpZoned Door Features French DoorsInsulated Door(s)Mirrored Closet Door(s) Fireplace Features DenFamily RoomFire PitGreat RoomWood Burning Fireplace YN Yes Flooring CarpetTileWood Garage Spaces 2 Heating Forced AirPropaneZoned Interior Features Breakfast BarBuilt-in FeaturesCable PrewireDrop ZoneEntrance FoyerGarden TubKitchen IslandOpen FloorplanPantrySplit BedroomStorageWalk-In Closet(s)Walk-In PantryWet BarOther - See Remarks Laundry Features Laundry RoomMain LevelSink Lower Square Feet 0 Main Square Feet 3784 Rooms Main (Living Room) Main (Dining Room) Main (Kitchen) Main (Den) Main (Family Room) Main (Primary Bedroom) Main (Bathroom-Full) Main (Office) Upper (Bedroom(s)) Upper (Bedroom(s)) Upper (Bedroom(s)) Upper (Study) Upper (Bathroom-Full) Upper (Bathroom-Full) Upper (Bathroom-Full) Upper (Loft) Sq Ft Unheated Total 0 Sq Ft Upper 1824 Third Square Feet 0

Property Features

Association Annual Expense 5292.00 Association Fee 5292 Association Fee Frequency Annually Association Name IPM Corporation Assumable YN No Auction YN No CCRSubject To Yes City Taxes Paid To No City Taxes Paid Community Features ClubhouseFitness CenterGame CourtGolfLake AccessPicnic AreaPlaygroundPutting GreenRecreation AreaSport CourtTennis Court(s)Walking TrailsOther Elevation 3000 Hoa Subject To Required HOASubject To Dues Mandatory Horse Amenities None Listing Terms CashConventional New Construction YN No Property Sub Type Single Family Residence Restrictions Architectural ReviewBuildingDeedLivestock RestrictionManufactured Home Not AllowedModular Not AllowedShort Term Rental AllowedSquare FeetSubdivision Second Living Quarters Upper Level Garage Security Features Carbon Monoxide Detector(s)Security ServiceSecurity SystemSmoke Detector(s) Senior Community YN No Sewer Septic Installed Special Listing Conditions None Utilities Cable AvailableCable ConnectedElectricity ConnectedFiber OpticsPhone ConnectedPropaneSatellite Internet AvailableUnderground Power LinesUnderground UtilitiesWired Internet Available View Mountain(s)WaterYear Round Water Body Name Lake Toxaway Water Source Well Zoning None



MLS Grid logo Based on information submitted to the MLS GRID as of 2025-01-16T06:34:00.46 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.The data relating to real estate on this Web site derive in part from the Canopy MLS IDX program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Mossy Oak Properties Land and Luxury nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. © 2025 Canopy MLS.

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Canopy MLS logo Offered by Fisher Realty - 10 Park Place: 828-883-9895. Copyright 2025 Canopy MLS. All rights reserved.