Active

$4,950,000

1957 Cold Mountain Rd, Lake Toxaway, NC 28747

4beds

4,577sqft

Est.:

Single Family Residence

Built in 2001

0.68 Acres Lot

$-- Zestimate^®

$1,081/sqft

$441/mo HOA

What's special

Meticulously crafted 4 BR, 5.5 Ba custom home with level circular drive on magnificent site overlooking Lake Toxaway and Toxaway Mountain. Many custom features include a large great room with soaring ceilings and a large stone wood-burning fireplace. Well equipped chef's kitchen featuring Viking Oven/range, two dishwashers, large kitchen island for entertaining, elevator, extensive built-ins, attached garage/carport, expansive back covered porch and pavered cart path from the home to the lake, boathouse, and extensive docking make this home a legacy lake house in beautiful Lake Toxaway.

333 days

311

11

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1
Main level bedrooms: 1

Primary bedroom

Features: Walk-In Closet(s)
Level: Main

Bedroom s

Level: Basement

Bedroom s

Level: Basement

Bedroom s

Level: Basement

Bathroom full

Level: Main

Bathroom half

Level: Main

Bathroom full

Level: Basement

Bathroom full

Level: Basement

Bathroom full

Features: Sauna
Level: Basement

Other

Level: Upper

Den

Features: Built-in Features
Level: Main

Dining area

Features: Built-in Features
Level: Main

Family room

Level: Basement

Great room

Features: Built-in Features
Level: Main

Kitchen

Features: Kitchen Island
Level: Main

Other

Level: Main

Office

Level: Upper

Heating

Forced Air, Heat Pump, Propane

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Range, Refrigerator, Washer, Washer/Dryer
Laundry: Mud Room

Features

Built-in Features, Elevator, Soaking Tub, Kitchen Island, Open Floorplan, Sauna, Storage, Walk-In Closet(s), Wet Bar
Flooring: Tile, Wood
Doors: Insulated Door(s)
Windows: Insulated Windows
Basement: Exterior Entry,Interior Entry,Partially Finished,Storage Space,Walk-Out Access
Fireplace features: Great Room

Interior area

Total structure area: 2,897
Total interior livable area: 4,577 sqft
Finished area above ground: 2,897
Finished area below ground: 1,680

Property

Parking

Total spaces: 2
Parking features: Attached Carport, Attached Garage, Garage on Main Level
Attached garage spaces: 1
Carport spaces: 1
Covered spaces: 2

Features

Levels: One and One Half
Stories: 1.5
Patio & porch: Covered, Deck, Front Porch
Pool features: Community
Has view: Yes
View description: Mountain(s), Water
Has water view: Yes
Water view: Water
Waterfront features: Boat Ramp – Community, Dock, Waterfront
Body of water: Lake Toxaway

Lot

Size: 0.68 Acres
Features: Sloped, Wooded, Views

Details

Additional structures: Boat House, Other
Additional parcels included: n/a
Parcel number: 8513815471000
Zoning: None
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Fiber Cement, Stone
Roof: Metal

Condition

New construction: No
Year built: 2001

Utilities & green energy

Sewer: Septic Installed
Water: Well
Utilities for property: Electricity Connected, Underground Power Lines, Underground Utilities

Community & HOA

Community

Features: Clubhouse, Fitness Center, Game Court, Golf, Lake Access, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Street Lights, Tennis Court(s), Walking Trails
Subdivision: Lake Toxaway Estates

HOA

Has HOA: Yes
HOA fee: $5,292 annually
HOA name: IPM Corporation
HOA phone: 828-966-9453

Location

Region: Lake Toxaway
Elevation: 3000 Feet

Financial & listing details

Price per square foot: $1,081/sqft
Tax assessed value: $1,318,220
Annual tax amount: $8,678
Date on market: 5/16/2025
Cumulative days on market: 514 days
Listing terms: Conventional
Electric utility on property: Yes
Road surface type: Concrete, Paved

Estimated market value

Not available

Estimated sales range

Not available

$4,843/mo

Price history

Date	Event	Price
6/30/2025	Price change	$9,450,000+90.9%$2,065/sqft
Source: HCMLS #1000938 Report a problem
6/30/2025	Price change	$4,950,000-49.7%$1,081/sqft
Source: Canopy MLS as distributed by MLS GRID #4259029 Report a problem
5/16/2025	Price change	$9,850,000+84.1%$2,152/sqft
Source: HCMLS #1000938 Report a problem
5/16/2025	Listed for sale	$5,350,000-18.3%$1,169/sqft
Source: HCMLS #1000926 Report a problem
5/1/2025	Listing removed	$6,550,000$1,431/sqft
Source: Canopy MLS as distributed by MLS GRID #4196772 Report a problem
10/31/2024	Listed for sale	$6,550,000$1,431/sqft
Source: HCMLS #106303 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$8,678	$1,318,220
2023	$8,678	$1,318,220
2022	$8,678 +0.8%	$1,318,220
2021	$8,612 -9.1%	$1,318,220 -3.1%
2020	$9,470 -1.1%	$1,360,670
2019	$9,574 +26.1%	$1,360,670 +1.3%
2018	$7,595 -0.7%	$1,343,300
2017	$7,647	$1,343,300
2016	$7,647 +16.6%	$1,343,300 -11.3%
2015	$6,557	$1,515,140
2014	$6,557	$1,515,140
2013	--	$1,515,140
2012	--	$1,515,140
2011	--	$1,515,140
2010	--	$1,515,140

Find assessor info on the county website

Monthly payment

Est. payment

$26,698/mo

Principal & interest

$24359

Property taxes

$1898

HOA Fees

$441

More affordability tools

Climate risks

Neighborhood: 28747

Getting around

0 / 100

Car-Dependent

19 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
T C Henderson Elementary
Grades: PK-5Distance: 3.9 mi
8/10
Rosman Middle
Grades: 6-8Distance: 7.5 mi
7/10
Rosman High
Grades: 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.

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