1923 Cold Mountain Road Lake Toxaway, NC $ 4,250,000
1923 Cold Mountain Road
$ 4,250,000
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1923 Cold Mountain Road

Lake Toxaway, NC, 28747
$ 4,250,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 29,354

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Lots and Land for sale in Lake Toxaway, NC

for $4,250,000. The lot size is 1.278.

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.

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Lots and Land Active

Price

$ 4,250,000

Property Type

Lots and Land

Taxes

$ 0

Style

Lot

Lot Size

1.278

Town/City

Lake Toxaway

County/Region

Transylvania

MLS | Web ID

4378608

Features
General
Sewer Septic Needed
View Mountain(s) Water
Property Subtype Lot
Parcel Number 8513-81-6286-000
Elevation 3000
Waterfront Features Boat House Boat Ramp – Community Other - See Remarks
Additional Parcels Description 8513-81-8458-000
County Transylvania
Property Type Land
HOA Y
Subdivision Name Lake Toxaway Estates
Possible Use Residential
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.
High School Rosman
City Lake Toxaway
Body of Water Lake Toxaway
Senior Community Y/N N
Lot Size Units Acres
Carport Y/N N
Elementary School T.C. Henderson
Middle/Junior High School Rosman
Additional Parcels Y/N Y
Lease Considered Y/N N
Standard Status Active
Restrictions Architectural Review Building Deed Manufactured Home Not Allowed Modular Not Allowed Square Feet
Tax Assessed Value 1036630
Listing Terms Cash Conventional
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Exterior
Water Source Well Needed
Lot Size Area 1.278
Road Surface Type Paved
Road Responsibility Publicly Maintained Road
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Interior
Below Grade Finished Area 0
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Internal Only
Street Number 1 1923
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* Excluded Features
List By
Lake Toxaway Co.

Broker

Affordability Calculator

$29,354
Per Month
100%
0%
0%
Monthly Principal & Interest
$29,354
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4109179 Elementary School
2172290 Middle School
Rosman High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$4,250,000 Listed Price

Map


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1923 Cold Mountain Road, Lake Toxaway, NC, 28747 is a Lots and Land for sale at $4,250,000 with a lot size of 1.278. 1923 Cold Mountain Road has 0.0 baths. The property's zip code is 28747 which is in Lake Toxaway, NC