Ad #7593583
MLS #1003105
Welcome to an extraordinary lakefront estate on Lake Toxaway
905 Cold Mountain Rd lot: Lp5, Lake Toxaway, NC 28747
$5,750,000
4Beds
4Baths
--Sqft
2.89Acres
About this property
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.
Property Features
4 Beds
4 Baths
0 Sqft
Built in 1977
2.89 Acres
1 Story
Lake Toxaway Country Club
On Golf Course
Carport, Parking Lot, Driveway
Siding: WoodSiding
Shingle Roof
Has Fireplace
Central
$18,851 / yr property tax
Transylvania County
Lake Toxaway Estates Community
Additional Photos
Contact Information
Mitzi Rauers
Meadows Mountain Realty
404-218-9123
Location
Listing Agent: Mitzi Rauers (License #: 281469) 404-218-9123
Broker: Meadows Mountain Realty 828-526-1717 Listing Site
Copyright © 2026 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Meadows Mountain Realty 828-526-1717 Listing Site
Copyright © 2026 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
GolfHomes.com
Printed Aug 11, 2026
Photo Gallery
$5,750,000
4
Beds
4
Baths
--
Sqft
905 Cold Mountain Rd lot: Lp5, Lake Toxaway, NC 28747
By contacting this agent you agree to these Terms and Conditions.
MLS# 1003105
Welcome to an extraordinary lakefront estate on Lake Toxaway
$5,750,000
905 Cold Mountain Rd lot: Lp5, Lake Toxaway, NC 28747
4
Beds
4
Baths
--
Sqft
2.89
Acres
$5,750,000
905 Cold Mountain Rd lot: Lp5, Lake Toxaway, NC 28747
4 Beds
4 Baths
-- Sqft
2.89 Acres
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.
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Property Details
HOME DETAILS
4 Beds
4 Baths
0 Sqft
Built in 1977
2.89 Acres
1 Story
GOLF COURSE & VIEW
Lake Toxaway Country Club
On Golf Course
EXTERIOR
Carport, Parking Lot, Driveway
Siding: WoodSiding
Shingle Roof
INTERIOR
Has Fireplace
Central
FINANCIAL & COMMUNITY
$18,851 / yr property tax
Transylvania County
Lake Toxaway Estates Community
See More Details
Location
Mortgage Calculator
Ad Statistics
Ad Number
7593583
Viewed
183 times
Listing Status
Active
Added
Apr 18, 2026
Last Refreshed
Jul 03, 2026 06:17:28 PM
Listing Information
Data Source
Highlands Cashiers Board of Realtors
Source Property ID
1003105
Listing Agent: Mitzi Rauers (License #: 281469) 404-218-9123
Broker: Meadows Mountain Realty 828-526-1717 Listing Site
Copyright © 2026 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Broker: Meadows Mountain Realty 828-526-1717 Listing Site
Copyright © 2026 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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