Single Family Residence at 944 Cold Mountain Road, Lake Toxaway
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$1,100,000

944 Cold Mountain Road
Lake Toxaway, NC 28747
Listed by John Madden · Howard Hanna Beverly-Hanks Asheville-Biltmore Park
Bedrooms
3
Bathrooms
3
Living area
2,134 sqft
Year built
1987

About this home

Discover a private mountain retreat in desirable Lake Toxaway Estates! Three combined lots offer 2.31 acres of gently rolling usable land, mature trees, and seasonal lake glimpses. Decks surround the home, including private decks off each bedroom, plus two outdoor showers. Sloped and vaulted ceilings accent the great room and dining room; an overlooking balcony makes a peaceful reading nook. The kitchen features granite counters, with hardwood floors throughout, no carpet. The home features three bedrooms and three full bathrooms, including two bedrooms with private ensuite baths and a third bedroom served by a full guest bathroom. All three bathrooms feature tiled walk-in showers. A detached garage and storage room/workshop add convenience. Easy access to main roads and the Lake Toxaway marina. Inquire about Country Club membership opportunities. SELLER FINANCING AVAILABLE AT AN INTEREST RATE BELOW CURRENT PUBLISHED MORTGAGE RATES! Contact the listing agent for details and terms.

Highlights

Fireplace

Property details

MLS
Canopy MLS
MLS #
CAR4435912
Property type
Single Family Residence
Subdivision
Lake Toxaway Estates
Status
Active
Days on market
1
On market date
October 29, 2026
Stories
N/A
Total bathrooms
3
Garage spaces
1
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
T C Henderson
3.22 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
114
Student:teacher ratio
10.4:1
District
Transylvania County Schools
Middle
Rosman Middle
6.9 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
209
Student:teacher ratio
10.5:1
District
Transylvania County Schools
High
Rosman High
6.9 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
275
Student:teacher ratio
9.8:1
District
Transylvania County Schools

Walkability

Blended score for Lake Toxaway's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

25
Car-dependent
out of 100
EPA National Walkability Index
6.8 / 20 -- Below average walkable
Google Places amenity density
10 / 100
Restaurants & cafes2
Grocery stores0
Parks1
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Lake Toxaway, from live MLS data.

On the market 1 days -- 189 fewer days than Lake Toxaway's current average of 190 days.
For reference, the median list price across 115 active listings in Lake Toxaway right now is $475,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$6,774/mo
$220,000 down
$880,000 loan
Principal & interest$5,708
Property tax (est.)$917
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated 8 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.