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987 Cold Mountain Road

Lake Toxaway, NC 28747
  • $3,250,000
  • STATUS: Active
  • ON SITE: 42 Days
  • ID#: 4354164
UPDATED: 64 min ago
$3,250,000
  • 3
    BEDS
  • 0.6
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,338
    SQFT
  • $1,390
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1973
County:
Area:

School Information

Elementary School:
Middle School:
High School:
Canopy MLS logo Offered by Fisher Realty,Sapphire/Toxaway: 828-966-9290. Copyright 2026 Canopy MLS. All rights reserved.

Description

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.

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MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-19T21:34:33.87 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. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
www.landandluxury.com/homes/173817996
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987 Cold Mountain Road Lake Toxaway, NC 28747

  • Price: $3,250,000
  • Status: Active
  • On Site: 42 Days
  • Updated: 64 min ago
  • ID#: 4354164
3
Beds
3
Baths
0
½ Baths
0.6
Acres
2,338
SQFT
$1,390
$/SQFT
1973
Built
Neighborhood:
Lake Toxaway Estates
County:
Transylvania
Area:
Lake Toxaway
Elementary School:
T.C. Henderson
Middle School:
Rosman
High School:
Rosman
Property Description
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.
Exterior Features

Carport Spaces 2 Carport YN Yes Construction Materials Brick PartialWood Construction Type Site Built Foundation Details Crawl Space Garage YN No Levels Two Lot Features Green AreaLevelViewsWaterfront Main Level Garage YN No Parking Features Attached CarportDrivewayParking Space(s) Patio And Porch Features PatioScreened Road Responsibility Publicly Maintained Road Road Surface Type AsphaltGravelPaved Roof Architectural Shingle Waterfront Features Boat HouseBoat Ramp – CommunityBoat Slip – CommunityDockRetaining Wall

Interior Features

Above Grade Finished Area 2338 Appliances DishwasherDryerElectric OvenMicrowaveWasher Basement YN No Below Grade Finished Area 0 Cooling Central AirElectric Fireplace Features Living Room Fireplace YN Yes Garage Spaces 0 Heating ElectricForced AirPropane Interior Features Open FloorplanStorage Laundry Features In Kitchen Lower Square Feet 0 Main Square Feet 1882 Rooms Main (Primary Bedroom) Main (Flex Space) Main (Bathroom-Full) Main (Bathroom-Full) Main (Kitchen) Main (Dining Area) Main (Living Room) Main (Sunroom) Upper (Bedroom(s)) Upper (Bedroom(s)) Upper (Bathroom-Full) Sq Ft Unheated Main 423 Sq Ft Unheated Total 423 Sq Ft Upper 456 Third Square Feet 0

Property Features

Additional Parcels YN False Association Annual Expense 5292.00 Association Fee 5292 Association Fee Frequency Annually Association Name IPM/Lake Toxaway Community Association Association YN Yes Assumable YN No Auction YN No CCRSubject To Yes City Taxes Paid To No City Taxes Paid Community Features Boat StorageLake AccessPicnic AreaPlaygroundWalking TrailsOther Elevation 3000 Hoa Subject To Required HOASubject To Dues Mandatory Listing Terms CashConventional New Construction YN No Property Sub Type Single Family Residence Restrictions Architectural ReviewBuildingManufactured Home Not AllowedShort Term Rental AllowedSquare FeetUse Senior Community YN No Sewer Septic Installed Special Listing Conditions None View Mountain(s)WaterYear Round Water Body Name Lake Toxaway Water Source Well



MLS Grid logo Based on information submitted to the MLS GRID as of 2026-04-19T21:34:33.87 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. © 2026 Canopy MLS.

“Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website.

Digital Millennium Copyright Act
 
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Mossy Oak Properties Land and Luxury
114 Morlake Drive Suite 103
Mooresville NC, 28117
Canopy MLS logo Offered by Fisher Realty,Sapphire/Toxaway: 828-966-9290. Copyright 2026 Canopy MLS. All rights reserved.