905 Cold Mountain Rd Lake Toxaway, NC 28747

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. Sherry’s plans take full advantage of the property’s sweeping lake and mountain views, offering a stunning vision for a custom legacy home.

The waterfront main home features four bedrooms and four bathrooms, expansive lake-facing decks ideal for entertaining, and a private boathouse. Nestled just steps away is the fully renovated guest home—a charming three-bedroom, two-and-a-half-bath retreat with 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 transitional space while building anew, it offers comfortable elegance and unobstructed vistas of the lake and surrounding Blue Ridge Mountains.

Located in a quiet, secluded cove, the estate also boasts a large cleared lawn, a basketball court, and multiple boat slips along a stone seawall. With three additional buildable lots included, the property offers endless possibilities for expansion, investment, or creating a multi-generational compound.

Buyers are drawn to Lake Toxaway for its tranquil waters, rich legacy, and exclusive atmosphere. As North Carolina’s largest private lake, it spans 640 acres with 14 miles of shoreline, offering ample space for boating, fishing, and paddleboarding—reserved solely for property owners. The area’s prestige is further enhanced by the Lake Toxaway Country Club, offering golf, tennis, fine dining, and more—available by invitation only. With dramatic lake and mountain views, private lake access, and limited inventory, lakefront properties like this are a rare and valuable find.

Whether you’re 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.