Skip main navigation
For sale
  • $6,500,000

    905 Cold Mountain Road, Lake Toxaway, NC 28747

    4beds
    --sqft
    : 
    Single Family Residence
    Built in 1977
    2.89 Acres Lot
    $5,723,600 Zestimate®
    $--/sqft
    $416/mo HOA

    What's special

    Lakefront estateFully renovated guest homeQuiet secluded covePrivate boathouseBasketball courtLarge covered porchTwo beautifully appointed homes
    Welcome to an extraordinary lakefront estate on Lake Toxaway, Western North Carolina’s largest private lake, offering an unmatched blend of luxury, privacy, and future potential. Spanning 2.89 acres across two addresses—905 Cold Mountain Road and 92 Mallard Point—this rare property features two beautifully appointed homes, three additional buildable lots, multiple boat slips, and a full set of architectural plans by nationally recognized architect Dawn K. Sherry. Sherry’s plans take full advantage of the property’s sweeping lake and mountain views, offering a stunning vision for a custom legacy home. The waterfront main home features four bedrooms and four bathrooms, expansive lake-facing decks ideal for entertaining, and a private boathouse. Nestled just steps away is the fully renovated guest home—a charming three-bedroom, two-and-a-half-bath retreat with hardwood floors throughout, a spacious sunroom with panoramic lake views, a large covered porch, and an attached carport. Whether used as a guest residence, rental, or transitional space while building anew, it offers comfortable elegance and unobstructed vistas of the lake and surrounding Blue Ridge Mountains. Located in a quiet, secluded cove, the estate also boasts a large cleared lawn, a basketball court, and multiple boat slips along a stone seawall. With three additional buildable lots included, the property offers endless possibilities for expansion, investment, or creating a multi-generational compound. Buyers are drawn to Lake Toxaway for its tranquil waters, rich legacy, and exclusive atmosphere. As North Carolina’s largest private lake, it spans 640 acres with 14 miles of shoreline, offering ample space for boating, fishing, and paddleboarding—reserved solely for property owners. The area’s prestige is further enhanced by the Lake Toxaway Country Club, offering golf, tennis, fine dining, and more—available by invitation only. With dramatic lake and mountain views, private lake access, and limited inventory, lakefront properties like this are a rare and valuable find. Whether you’re seeking a turnkey lakefront lifestyle, the foundation for a custom build, or a one-of-a-kind family retreat, this exceptional estate on Lake Toxaway delivers the best of mountain and waterfront living in one of the Southeast’s most coveted lake communities.
    77 days
    on Zillow
    |
    766
    |
    23
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 07, 2025 at 12:27pm

    Listed by:

    Berkshire Hathaway HomeServices Meadows Mountain Realty,

    John Muir,

    Berkshire Hathaway HomeServices Meadows Mountain Realty - HF

    Source: HCMLS,MLS#: 1001104Originating MLS: Highlands Cashiers Board of Realtors
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 905 Cold Mountain Road.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Bedroom 1
    • Level: Main
    Bedroom 2
    • Level: Lower
    Bedroom 3
    • Level: Lower
    Heating
    • Central
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Flooring: Hardwood, Tile
    • Has fireplace: Yes
    • Fireplace features: Living Room, Stone, Wood Burning

    Property

    Parking
    • Total spaces: 3
    • Parking features: Circular Driveway, Carport, Paved, Parking Lot
    • Garage spaces: 2
    • Carport spaces: 1
    • Covered spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Enclosed, Patio, Porch, Screened
    • Exterior features: Dock, Fire Pit
    • Pool features: Community
    • Has view: Yes
    • View description: Lake, Mountain(s)
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake, Waterfront
    • Body of water: Lake Toxaway
    Lot
    • Size: 2.89 Acres
    • Features: Back Yard, Cleared, Waterfront, Level, Rolling Slope
    • Topography: Level,Rolling
    Details
    • Additional structures: Boat House, Guest House, Residence
    • Parcel number: 8522196519000, 8522196347000
    • Zoning description: Residential

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch,Traditional
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Sewer Applied for Permit
    • Water: Private
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Clubhouse, Fitness Center, Golf, Lake, Playground, Pool, Tennis Court(s)
    • Subdivision: Lake Toxaway Estates
    HOA
    • Has HOA: Yes
    • HOA fee: $2,496 annually
    • HOA name: Lake Toxaway Community Association
    • Second HOA fee: $2,496 annually
    • Second HOA name: Lake Toxaway Community Association
    Location
    • Region: Lake Toxaway

    Financial & listing details

    • Tax assessed value: $1,653,630
    • Annual tax amount: $18,851
    • Date on market: 6/6/2025
    • Listing agreement: Exclusive Right To Sell
    • Exclusions: None
    • Road surface type: Asphalt
    • Loading
    • Loading