987 Cold Mountain Road, Lake Toxaway, NC 28747

$2,800,000
3
BD
3
BA
2,338
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Listing courtesy of Fisher Realty,Sapphire/Toxaway. ajennings@fisherrealtync.com

Sold listing courtesy of Lake Toxaway Co.

Sold Price
$2,800,000
List Price
$3,250,000
MLS#
4354164
Status
CLOSED
Days on Market
103
Property Type
Residential
Year Built
1973
Closing Date
Jun 18, 2026
Bedrooms
3
Bathrooms
3
Full Baths
3
Lot Size
26,136
Lot Size Area
0.6
Living Area
2,338
Sq Ft Total
2338
County
Transylvania
Subdivision
Lake Toxaway Estates
Special Conditions
None
Waterfront
Yes
Waterfront Features
Boat House, Boat Ramp Community, Boat Slip Community, Dock, Retaining Wall

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.

Additional Information

Hoa Fee
$5,292
Hoa Fee Paid
Annually
Community Features
Boat Storage, Lake Access, Picnic Area, Playground, Walking Trails, Other
Fireplace
Yes
Interior Features
Open Floorplan, Storage
Equipment
Dishwasher, Dryer, Electric Oven, Microwave, Washer
Foundation
Crawl Space
Main Level Rooms
Primary Bedroom, Flex Space, Bathroom-Full, Bathroom-Full, Kitchen, Dining Area, Living Room, Sunroom
Laundry Location
In Kitchen
Heating
Electric, Forced Air, Propane
Water
Well
Sewer
Septic Installed
Exterior Construction
Brick Partial, Wood
Roof
Architectural Shingle
Parking
Attached Carport, Driveway, Parking Space(s)
Driveway
Asphalt, Gravel, Paved
Lot Description
Green Area, Level, Views, Waterfront
Elementary School
T.C. Henderson
Middle School
Rosman
High School
Rosman
Total Property HLA
2338
Master on Main Level
Yes

How much is your home worth?

...get instant property value now!

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

“ Based on information submitted to the MLS GRID as of . 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. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

Last Updated: