Skip main navigation
Active
  • $4,250,000

    1923 Cold Mountain Rd, Lake Toxaway, NC 28747

    --beds
    --baths
    1.28Acres
    Unimproved Land
    Built in ----
    1.28 Acres Lot
    $2,613,300 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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.
    54 days
    |
    102
    |
    4
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kenneth McCall scott@laketoxaway.com,

    Lake Toxaway Co.

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4378608MLS Logo

      Facts & features

      Interior

      Interior area
      • Finished area below ground: 0

      Property

      Features
      • Has view: Yes
      • View description: Mountain(s), Water
      • Has water view: Yes
      • Water view: Water
      • Waterfront features: Boat Ramp – Community, Other - See Remarks
      • Body of water: Lake Toxaway
      Lot
      • Size: 1.28 Acres
      Details
      • Additional structures: Boat House
      • Additional parcels included: 8513-81-8458-000
      • Parcel number: 8513816286000
      • Zoning: None
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Septic Needed
      • Water: Well Needed

      Community & HOA

      Community
      • Subdivision: Lake Toxaway Estates
      HOA
      • Has HOA: Yes
      Location
      • Region: Lake Toxaway
      • Elevation: 3000 Feet

      Financial & listing details

      • Tax assessed value: $1,036,630
      • Annual tax amount: $6,851
      • Date on market: 5/8/2026
      • Listing terms: Cash,Conventional
      • Road surface type: Paved

        Estimated market value

        $2,613,300

        $2.09M - $3.24M

        $3,684/mo

        Price history

        DateEventPrice
        5/8/2026Listed for sale$4,250,000-5.6%
        Source: HCMLS #1003250 Report a problem
        5/1/2026Listing removed$4,500,000
        Source: HCMLS #1000935 Report a problem
        5/16/2025Listed for sale$4,500,000-13.5%
        Source: Canopy MLS as distributed by MLS GRID #4259317 Report a problem
        5/1/2025Listing removed$5,200,000
        Source: HCMLS #106304 Report a problem
        10/31/2024Listed for sale$5,200,000+189.7%
        Source: HCMLS #106304 Report a problem
        8/14/2015Sold$1,795,000-5.3%
        Source: Canopy MLS as distributed by MLS GRID #NCM586107 Report a problem
        8/2/2015Pending sale$1,895,000
        Source: Landmark Realty Group #586107 Report a problem
        6/13/2015Listed for sale$1,895,000
        Source: Landmark Realty Group #586107 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$6,851 $1,040,660
        2023$6,851 $1,040,660
        2022$6,851 +0.8%$1,040,660
        2021$6,799 -45.6%$1,040,660 -42%
        2020$12,494 +0.7%$1,795,150
        2019$12,404 +22.2%$1,795,150
        2018$10,150 +1.2%$1,795,150
        2017$10,033 $1,795,150
        2016$10,033 +97.9%$1,795,150 -23.1%
        2015$5,069 $2,335,440 +67.2%
        2014$5,069 $1,396,760
        2013-- $1,396,760
        2012-- $1,396,760 +16.7%
        2011-- $1,196,760
        2010-- $1,196,760

        Find assessor info on the county website

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28747

        Getting around

        0 / 100
        Car-Dependent
        19 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: T.C. Henderson
        • Middle: Rosman
        • High: Rosman

        Source: Canopy MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

        Skip to the end of the carouselSkip to the beginning of the carousel