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.
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
- 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#: 4378608
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
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listed for sale | $4,250,000-5.6% |
Source: HCMLS #1003250 Report a problem | ||
| 5/1/2026 | Listing removed | $4,500,000 |
Source: HCMLS #1000935 Report a problem | ||
| 5/16/2025 | Listed for sale | $4,500,000-13.5% |
Source: | ||
| 5/1/2025 | Listing removed | $5,200,000 |
Source: HCMLS #106304 Report a problem | ||
| 10/31/2024 | Listed for sale | $5,200,000+189.7% |
Source: HCMLS #106304 Report a problem | ||
| 8/14/2015 | Sold | $1,795,000-5.3% |
Source: | ||
| 8/2/2015 | Pending sale | $1,895,000 |
Source: Landmark Realty Group #586107 Report a problem | ||
| 6/13/2015 | Listed for sale | $1,895,000 |
Source: Landmark Realty Group #586107 Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Nearby schools
GreatSchools rating
- 4/10T C Henderson ElementaryGrades: PK-5Distance: 3.9 mi
- 8/10Rosman MiddleGrades: 6-8Distance: 7.5 mi
- 7/10Rosman HighGrades: 9-12Distance: 7.5 mi
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.
- North Carolina
- Transylvania County
- Lake Toxaway
- 28747
- 1923 Cold Mountain Rd






