4 Beds
4 Baths
$5,750,000
905 Cold Mountain Road, Lake Toxaway NC, 28747
Built in1977
Property typeResidential
Overview
Active
Listed Apr 17, 2026
Updated Aug 6
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. Her vision takes full advantage of the sweeping lake and mountain views, creating an inspiring opportunity for a true legacy home.
The waterfront main home offers four bedrooms and four bathrooms, along with expansive lake-facing decks perfect for entertaining and a private boathouse. Just steps away, the fully renovated guest home provides a charming retreat with three bedrooms and two and a half baths. It features 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 temporary living space while building, it delivers comfort and elegance with unobstructed views of the lake and surrounding Blue Ridge Mountains.
Set in a quiet, secluded cove on Lake Toxaway, the estate also includes a large cleared lawn, a basketball court, and multiple boat slips along a stone seawall. With three additional buildable lots included, the property offers exceptional flexibility for expansion, investment, or creating a multi-generational compound.
Buyers are drawn to Lake Toxaway for its peaceful waters, rich legacy, and exclusive atmosphere. The lake spans 640 acres with 14 miles of shoreline and is reserved exclusively for property owners. The area’s prestige is further elevated by the nearby Lake Toxaway Country Club, which offers golf, tennis, fine dining, and more by invitation only.
Whether you are 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 in the Blue Ridge Mountains.
$38,255/mo
Est. mortgage payment based on a $5,750,000 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 1003105
Interior Features
- Bedrooms
- 4
- Bathrooms
- 4
- Fireplace
- Yes
- Cooling
- Yes
- Heating
- Yes
- Basement
- Yes
Exterior Features
- Lot Size
- 2.89 Acres
Other Property Details
- Taxes
- $18,851
- Tax Frequency
- Annually
- Association Fee Frequency
- Yearly
- Secondary Association Fee
- $2,496
- Secondary Association Fee Frequency
- Yearly
- Garage
- Yes
- View
- Yes
- Waterfront
- Yes
Courtesy of Berkshire Hathaway HomeServices Meadows Mountain Realty, Mitzi Rauers,
Listing Contact: 404-218-9123
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Spencer Kirkpatrick shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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