Lot at 1923 Cold Mountain Road, Lake Toxaway
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$4,250,000

1923 Cold Mountain Road
Lake Toxaway, NC 28747
Listed by Kenneth McCall · Lake Toxaway Co.
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

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.

Property details

MLS
Canopy MLS
MLS #
CAR4378608
Property type
Lot
Subdivision
Lake Toxaway Estates
Status
Active
Days on market
N/A
On market date
May 8, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
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
3.86 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
7.5 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
7.49 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 0 days -- 188 fewer days than Lake Toxaway's current average of 188 days.
For reference, the median list price across 118 active listings in Lake Toxaway right now is $467,000.

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
$25,744/mo
$850,000 down
$3,400,000 loan
Principal & interest$22,052
Property tax (est.)$3,542
Home insurance (est.)$150

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Data source: Listing information provided by Canopy MLS (carolina) via Trestle/CoreLogic. Last updated May 8, 2026.

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.