For sale
$6,500,000
4beds
--sqft
905 Cold Mountain Road, Lake Toxaway, NC 28747
4beds
--sqft
Single family residence
Built in 1977
2.89 Acres
2 Garage spaces
$416/mo HOA
What's special
Fully renovated guest homePrivate boathouseBasketball courtHardwood floors throughoutLarge covered porchTwo beautifully appointed homesLarge cleared lawn
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, ...
- 73 days |
- 373 |
- 12 |
Source: HCMLS,MLS#: 1003105Originating MLS: Highlands Cashiers Board of Realtors
Travel times
Kitchen - Guest House
Family Room - Guest House
Living Room - Guest House
Lake Views
Primary Bedroom Guest House
Primary Bedroom - Main House
Primary Bathroom - Guest House
Bedroom 2 - Guest House
Screened Porch of Main House
Family Room - Main House
Dock
Zillow last checked:
Listing updated:
Listed by:
Mitzi Rauers,
Berkshire Hathaway HomeServices Meadows Mountain Realty,
Judith Michaud,
Berkshire Hathaway HomeServices Meadows Mountain Realty
Source: HCMLS,MLS#: 1003105Originating MLS: Highlands Cashiers Board of Realtors
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
Cooling
- Other
Appliances
- Included: Dishwasher, Refrigerator
- Laundry: Other
Features
- Open Floorplan, Other
- Flooring: Hardwood, Tile
- Basement: Other
- Number of fireplaces: 1
- Fireplace features: Living Room, Stone, Wood Burning
Video & virtual tour
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: 1
- 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, Other, See Remarks, 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: 4/17/2026
- Cumulative days on market: 386 days
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 4/17/2026 | Listed for sale | $6,500,000 |
Source: HCMLS #1003105 Report a problem | ||
| 4/14/2026 | Listing removed | $6,500,000 |
Source: BHHS broker feed #1001104 Report a problem | ||
| 2/14/2026 | Listed for sale | $6,500,000 |
Source: HCMLS #1001104 Report a problem | ||
| 11/11/2025 | Pending sale | $6,500,000 |
Source: BHHS broker feed #1001104 Report a problem | ||
| 11/11/2025 | Contingent | $6,500,000 |
Source: HCMLS #1001104 Report a problem | ||
| 6/6/2025 | Listed for sale | $6,500,000+356.1% |
Source: HCMLS #1001104 Report a problem | ||
| 2/15/2006 | Sold | $1,425,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,886 | $1,653,630 |
| 2023 | $10,886 | $1,653,630 |
| 2022 | $10,886 +0.8% | $1,653,630 |
| 2021 | $10,803 -17% | $1,653,630 -11.5% |
| 2020 | $13,010 +0.7% | $1,869,200 |
| 2019 | $12,916 +22.2% | $1,869,200 |
| 2018 | $10,568 +1.2% | $1,869,200 +83.4% |
| 2017 | $10,447 | $1,019,200 |
| 2016 | $10,447 | $1,019,200 -13% |
| 2015 | -- | $1,171,620 |
| 2014 | -- | $1,171,620 |
| 2013 | -- | $1,171,620 |
| 2012 | -- | $1,171,620 -17.6% |
| 2011 | -- | $1,421,620 |
| 2010 | -- | $1,421,620 |
Find assessor info on the county website
Monthly payment
Est. payment
$34,990/mo
Principal & interest
$32082
Property taxes
$2492
HOA Fees
$416
Estimated market value
$5,731,200
$5.44M - $6.02M
$3,042/mo
Climate risks
Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.
Neighborhood: 28747
Nearby schools
T C Henderson Elementary
Grades PK-5 • 3.2 miles4/10
GreatSchools® Rating
Test Score Rating
6/10Student Progress Rating
2/10Rosman Middle
Grades 6-8 • 6.9 miles8/10
GreatSchools® Rating
Test Score Rating
6/10Student Progress Rating
10/10Rosman High
Grades 9-12 • 6.9 miles7/10
GreatSchools® Rating
Test Score Rating
7/10College Readiness Rating
4/10Student Progress Rating
9/10- North Carolina
- Transylvania County
- Lake Toxaway
- 28747
- 905 Cold Mountain Road