1585 Cold Mountain Road

Lake Toxaway, NC
$ 4,995,000 Beds 4 Baths 4.5 Sq 3,943
Monthly Estimate* How much can I afford?

Welcome to an extraordinary lakefront retreat on Lake Toxaway, thoughtfully designed by renowned architect Allen Brown and expertly crafted by John Holbrook. Set on a rare flat lot with easy access to a private dock, this home blends timeless mountain charm with relaxed lakeside living. Inside, the spacious floor plan features 4 bedrooms and 4.5 bathrooms, designed for both comfort and entertaining. The main-level primary suite is a true sanctuary, complete with exposed beams, dual walk-in closets, and a spa-like soaking tub. Upstairs, generously sized guest bedrooms provide plenty of space and privacy for family and visitors. At the heart of the home, the chef’s kitchen is outfitted with a Viking range, abundant storage, and an open layout that flows seamlessly into the great room. A stunning masonry fireplace anchors the living space, creating a warm and inviting atmosphere year-round. Step outside to enjoy the expansive outdoor living area, where a second fireplace overlooks the lake — the perfect setting for quiet mornings, evening gatherings, and unforgettable memories by the water. Elegant shiplap detailing throughout the main level adds warmth and classic mountain character. Designed with both beauty and functionality in mind, the property also includes a two-car garage with a built-in workshop, additional covered storage for boats, bikes, or extra vehicles, and a large lower-level storage area ideal for kayaks, paddleboards, canoes, and all your lake gear. Offering exceptional craftsmanship, breathtaking surroundings, and the best of Lake Toxaway living, this remarkable waterfront home is a place to relax, reconnect, and enjoy every season by the lake. Membership to Lake Toxaway Country Club is based on availability and application.

Single Family

  • Price
  • $ 4,995,000
  • City
  • Lake Toxaway
  • Bedrooms
  • 4
  • Full Bathrooms
  • 4
  • County
  • TRANSYLVANIA
  • Half Bathrooms
  • 1
  • Area
  • Transylvania County
  • Lot Size
  • 0.61 Acres
  • Zip
  • 28747
  • Sqr Footage
  • 3,943
  • Year Built
  • 2006
  • Style
  • MLS#
  • 4383951
Listed By: Lake Toxaway Co.; cfree@laketoxaway.com
Data Source: Canopy MLS

Features

General

Living Area 3943
Sewer Septic Installed
Heating Floor Furnace,Heat Pump
Cooling Central Air,Dual
Utilities Cable Available,Electricity Connected,Phone Connected
Roof Architectural Shingle
Appliances Bar Fridge,Dishwasher,Disposal,Dryer,Gas Oven,Gas Range,Microwave,Refrigerator,Washer,Washer/Dryer
HOA Fee 4085
Garage Spaces 2
Patio/Porch Features Covered,Rear Porch
Construction Materials Shingle/Shake,Stone,Wood
Year Built 2006
View Long Range,Water,Year Round
Levels Two
Property Subtype Single Family Residence
Parcel Number 8523-00-1743-000
Elevation 3000
Waterfront Features Boat Ramp – Community,Dock
Assoc Fee Paid Per Annually
County Transylvania
New Construction No
Property Type Residential
HOA Yes
Subdivision Name Lake Toxaway Estates
Garage Y/N Yes
Full Baths 4
Directions From Hwy 64,turn left onto Blue Ridge Road. At the Lake Toxaway Fire Department,turn left on Cold Mountain Road. Follow around to #1585 on the left. Look for the mailbox marked Cognetta
High School Unspecified
City Lake Toxaway
Body of Water Lake Toxaway
Association Name LTCA
Senior Community Y/N No
Lot Size Units Acres
Carport Y/N No
Elementary School Unspecified
Middle/Junior High School Unspecified
Additional Parcels Y/N No
Standard Status Active
CAR_HOASubjectTo Required
Construction Type Site Built
Restrictions Architectural Review,Deed,Square Feet,Subdivision
Tax Assessed Value 3396990

Interior Features

Interior Amenities Breakfast Bar,Built-in Features,Cable Prewire,Entrance Foyer,Garden Tub,Kitchen Island,Open Floorplan,Pantry,Walk-In Closet(s)
Basement Storage Space
Flooring Tile,Wood
Fireplace Features Great Room,Wood Burning
Basement (Y/N) No
Fireplace Y/N Yes
Above Grade Finished Area 3943
Half Baths 1
Laundry Features Laundry Room
Total Bedrooms 4
Total Baths 5
SqFt Main 2030
SqFt Upper 1913
Bedroom 1

Exterior Features

Parking Features Driveway,Attached Garage
Lot Features Views,Waterfront
Water Source Well
Lot Size Area 0.61
Foundation Details Pillar/Post/Pier,Slab
Road Surface Type Asphalt,Paved
Door Features French Doors
Road Responsibility Publicly Maintained Road
Main Level Garage YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hickory, NC office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unspecified Elementary School
Middle School Unspecified Middle School
High School Unspecified High School

Price History

5/21/2026 Listed $4,995,000

Property vs Zip Code Average in 28747

Price
AVG $2.8M
$5M
Year Built
AVG 1995
2006
Visits
AVG 249
249
Data Provided by Inside Real Estate®

In The Neighborhood

Areas That We Cover

1585 Cold Mountain Road Lake Toxaway, NC is a Single Family Home for sale at $4995000 with 3943 sqft and a lot size of 0.61 Acres Acre(s). 1585 Cold Mountain Road Lake Toxaway has 4 bedrooms, 4 baths and was built in 2006. The property's zip code is 28747 which is in Lake Toxaway, NC

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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