1923 Cold Mountain Road, Lake Toxaway, NC 28747
Lake Toxaway Estates · Transylvania County
Key Facts
Description
This exceptional Lake Toxaway property offers a rare opportunity to own a versatile and scenic homesite in one of Western North Carolina’s most sought-after communities. The offering includes a double lot totaling 1.278 acres, with the potential to divide, providing flexibility for future plans or investment. An additional parcel, Lot 50N, is also included, adding another 1.37 acres for expanded privacy or development options. The property is already thoughtfully improved with a driveway in place, along with a boathouse and docks—making it easy to start enjoying lake life right away. Positioned to capture both lake and mountain views, the setting delivers a perfect blend of natural beauty and tranquility. Conveniently located directly across the lake from the club, marina, golf course, and other premier Lake Toxaway amenities, this property combines privacy with easy access to recreation and social opportunities. Whether you’re envisioning a private estate or multiple homesites, this unique offering provides the space, location, and features to bring your vision to life.
Property Information
Property Type
Land
Zoning
None
MLS® Listing#
4378608
Property Features
Other Structures
Sewer
Schools
- Elementary:
- T.C. Henderson
- Middle:
- Rosman
- High:
- Rosman
Financial Details
HOA
Yes
Assessed Value
$1,036,630
Parcel Number
8513-81-6286-000
Directions
Travel Hwy 64 West to right on Blue Ridge Road. Turn left onto Cold Mtn Road just past the Lake Toxaway VFD on the right. The lot will be on your left, just before the home marked 1957.
Affordability Calculator
$850,000
Estimated monthly payment
$22,620/mo
Principal $3,400,000 · Est. interest $4,743,303 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lake Toxaway, NC
- $373,118
- Median Listing Price
- 81
- Median Days on Market
- 2,266
- Median Sq Ft
- $174
- Median Price / Sq Ft
- 567
- Active Listings
- This home’s price is 1039% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lake Toxaway, NC.
Location
Points of Interest in Lake Toxaway, NC
Showing the Lake Toxaway area map.
Nearby Schools
T C Henderson Elementary School
Elementary · 3.9 mi away
Rosman Elementary School
Elementary · 7.1 mi away
Rosman High School
Secondary · 7.4 mi away
Rosman Middle
Secondary · 7.5 mi away
Cashiers Valley Preschool
School · 8.6 mi away
Summit Charter School
School · 9.1 mi away
Blue Ridge School
Secondary · 9.5 mi away
Brevard Academy
School · 13.2 mi away
Mountain Sun Community School
School · 13.2 mi away
Brevard High School
Secondary · 13.3 mi away
Transylvania County Schools
School · 13.4 mi away
Brevard Elementary School
Elementary · 14.1 mi away
Bethany Christian School
School · 14.4 mi away
Brevard Middle School
Secondary · 14.4 mi away
Kid City USA - Pisgah Forest
School · 15.0 mi away
Nanna's & Mommy's
School · 15.0 mi away
Highlands School
School · 15.4 mi away
Pisgah Forest Elementary School
Elementary · 16.0 mi away
Davidson River School
Secondary · 16.1 mi away
Cullowhee Valley School
Elementary · 16.5 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 228 Mills Creek Trace, Lake Toxaway, NC | $2,975,000 | 4 | 5 | 4,478 |
| 500 Winding Gap Road, Lake Toxaway, NC | $2,999,000 | — | — | — |
| 46 Mills Creek Drive, Lake Toxaway, NC | $3,399,000 | 4 | 7 | 6,402 |
| 402 Holmstead Drive, Lake Lure, NC | $3,500,000 | 4 | 4 | 3,144 |
| 770 Meadow Ridge Drive, Lake Toxaway, NC | $3,600,000 | 5 | 6 | 5,181 |
| 96 Moltz Court, Lake Toxaway, NC | $3,695,000 | 3 | 6 | 4,659 |
Moving Cost Estimate
EXIT Agents in Lake Toxaway
Listing Courtesy: Lake Toxaway Co. - scott@laketoxaway.com
Last Updated: 2026-05-08
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