$2,800,000
$3,250,000
13.8%For more information regarding the value of a property, please contact us for a free consultation.
987 Cold Mountain RD Lake Toxaway, NC 28747
3 Beds
3 Baths
2,338 SqFt
Key Details
Sold Price $2,800,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,338 sqft
Price per Sqft $1,197
Subdivision Lake Toxaway Estates
MLS Listing ID 4354164
Sold Date 06/18/26
Bedrooms 3
Full Baths 3
HOA Fees $441/ann
HOA Y/N 1
Abv Grd Liv Area 2,338
Year Built 1973
Lot Size 0.600 Acres
Acres 0.6
Property Sub-Type Single Family Residence
Property Description
Quaint cottage on an exceptional lot in Lake Toxaway Estates. Set on over half an acre of nearly level property that gently slopes to the shoreline of North Carolina's largest private lake, the home offers open water and full mountain views with Toxaway Mountain in the background. Tastefully updated and designed for easy living, the home features 3 bedrooms plus a flex room and an open living-dining-kitchen layout. Ideal for gathering with family and friends, most areas boast views over the lawn and out to the lake.
The main level includes a primary suite and a secondary flex room/sleeping space with an ensuite bath, while an additional bedroom and bunkroom above share a connecting bath. Natural light fills the sunroom, and an additional enclosed porch provides a great space for casual entertaining, complete with grill, refrigerator, and prep area.
Outside, the property truly stands out: a rare, nearly level lawn leads to a large stone waterfront seating area and covered dock for easy days on the water. Located just off Cold Mountain Road and set back along a winding driveway for privacy, this is a unique opportunity to own a lakefront home with wide water views in one of Lake Toxaway's most beautiful settings.
Location
State NC
County Transylvania
Zoning Res
Body of Water Lake Toxaway
Rooms
Primary Bedroom Level Main
Main Level Bedrooms 1
Interior
Interior Features Open Floorplan, Storage
Heating Electric, Forced Air, Propane
Cooling Central Air, Electric
Fireplaces Type Living Room
Fireplace true
Appliance Dishwasher, Dryer, Electric Oven, Microwave, Washer
Laundry In Kitchen
Exterior
Carport Spaces 2
Community Features Boat Storage, Lake Access, Picnic Area, Playground, Walking Trails, Other
Waterfront Description Boat House,Boat Ramp – Community,Boat Slip – Community,Dock,Retaining Wall
View Mountain(s), Water, Year Round
Roof Type Architectural Shingle
Street Surface Asphalt,Gravel,Paved
Porch Patio, Screened
Garage false
Building
Lot Description Green Area, Level, Views, Waterfront
Foundation Crawl Space
Sewer Septic Installed
Water Well
Level or Stories Two
Structure Type Brick Partial,Wood
New Construction false
Schools
Elementary Schools T.C. Henderson
Middle Schools Rosman
High Schools Rosman
Others
HOA Name IPM/Lake Toxaway Community Association
Senior Community false
Restrictions Architectural Review,Building,Manufactured Home Not Allowed,Short Term Rental Allowed,Square Feet,Use
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Read Less
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© 2026 Listings courtesy of Canopy MLS as distributed by MLS GRID. All Rights Reserved.
Bought with Reginald Heinitsh • Lake Toxaway Co.





