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About This Home

This 3-bedroom, 3-bathroom single family at 987 Cold Mountain Road lot: 001Ex in Lake Toxaway, NC is listed for $3,250,000. Built in 1973, on a 0.60 acres lot.

Agent 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.

Key Features

  • Built in 1973
  • 0.60 acre lot
  • 2 stories
  • Fireplace
  • Waterfront

Property Details

2 stories
3 full
1973

Amenities

FireplaceWaterfrontViewA/C

Monthly Cost Estimate

$22,674/mo

20% down · 6.5% · 30 years

Principal$2,350
Interest$14,083
Insurance$948
HOA$5,292

Estimates only. Actual payments may vary.

Location

987 Cold Mountain Road lot: 001Ex

Lake Toxaway, NC 28747

Lake Toxaway Estates

Features & Amenities

Interior Features

CeilingFansPrimaryDownstairsOpenFloorplan

Exterior Features

BoatSlipDockPrivateEntrancePrivateYard

Property Details

Flooring

LaminateWoodTile

Views

LakeWaterMountains

Parking

CarportDriveway

Heating

Natural GasElectric (Heating)Heat Pump (Heating)

Cooling

Central Air

Appliances

DryerDishwasherMicrowaveOvenRefrigeratorWasher

Questions & Answers

This 3-bedroom, 3-bathroom single family at 987 Cold Mountain Road lot: 001Ex is listed at $3,250,000. The estimated monthly payment is $19,375 based on 20% down at 6.5% interest.

HOA fees are $5292/month.

Key features include: Built in 1973, 0.60 acre lot, 2 stories, Fireplace, Waterfront. Interior Features: CeilingFans, PrimaryDownstairs, OpenFloorplan. Exterior Features: BoatSlip, Dock, PrivateEntrance.

This property is listed by Amanda Jennings Gravley and can be reached at 8282002944 or agravley@fisherrealtync.com.

AG

Amanda Jennings Gravley

Agent at Fisher Realty Sapphire/Toxaway

(828) 200-2944

Listed by Fisher Realty Sapphire/Toxaway · View on Broker Site

MLS# 1002821· Source: listhub· Updated 77 days ago

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.

987 Cold Mountain Road lot: 001Ex, Lake Toxaway, NC 28747

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