1923 Cold Mountain Rd

Lake Toxaway, NC 28747

$4,500,000
Price
114,998 / 2.64
Lot Size / Acres
a backyard of a house with lots of green space and garden area
a view of a forest with trees in the background
a view of a garden with a tree
a big yard with lots of green space and deers
a backyard of a house with lots of green space and fountain

Description

A rare opportunity to purchase 2.5 lakefront lots with stunning lake and mountain views and extensive lake frontage. This 2.64+/- acre offering consists of 1.27+/- acres on the lake and an additional 1.35+/- acre parcel across Cold Mountain Road for additional privacy or an additional building site.A rare opportunity to purchase 2.5 lakefront lots with stunning lake and mountain views and extensive lake frontage. This 2.64+/- acre offering consists of 1.27+/- acres on the lake and an additional 1.35+/- acre parcel across Cold Mountain Road for additional privacy or an additional building site.
  1. Listed by Amy Fisher • Fisher Realty - 10 Park Place • amyfisher@fisherrealtync.com

Property Details for 1923 Cold Mountain Road

Waterfront Features
Boat House, Dock
View
Long Range, Mountain(s), Water
Community Features
Clubhouse, Fitness Center, Game Court, Golf, Lake Access, Outdoor Pool, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Tennis Court(s), Walking Trails
Subdivision Name
Lake Toxaway Estates
LISTING UPDATED: 01/06/2026 01:36 PM

Property Details for 1923 Cold Mountain Road

StatusActive
MLS #4259317
Days on Market255
Taxes-
HOA Fees$5,292 / year
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size2.64 AC
CountyTransylvania County

Location

Listing Courtesy of Fisher Realty - 10 Park Place
Add your commute

Building Information for 1923 Cold Mountain Road

Lot Size2.64 AC

Payment Calculator

$22,788 per month

30 year fixed, 6.15% Interest

Principal and Interest

$21,932

Property Taxes

$415

HOA Dues

$441

The Payment Calculator is for illustrative purposes only.

Property Information for 1923 Cold Mountain Road

Summary
Location and General Information
  • Water Body Name: Lake Toxaway
  • Road Frontage Type: County Road
  • Longitude: -79.0192997
  • Zoning: None
  • Latitude: 35.7595731
  • Directions: Highway 64 West to right on Blue Ridge Road and follow to just past the Lake Toxaway Fire House to a left on Cold Mountain Road.
Taxes and HOA Information
  • HOA YN: Yes
  • HOA Name: IPM Corporation
  • HOA Name2: IPM Corporation
  • HOA Phone: 828-966-9453
  • HOA Phone2: 828-966-9453
  • HOA Subject To: Required
  • HOA Subject To Dues: Mandatory
  • HOA Fee2: $1,545.00
  • HOA Fee2 Frequency: Annually
  • HOA Annual Expense: $6,837.00
  • Tax Assessed Value: $1,120,660.00
  • Parcel Number: 85213-81-6286-000
  • City Taxes Paid To: No City Taxes Paid
School Information
  • Middle Or Junior School: Rosman
  • High School: Rosman
  • Elementary School: T.C. Henderson
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Elevation: 3000
  • Sq Ft Building Minimum: 1500
  • Lot Features: Waterfront
  • Lot Size Units: Acres
  • Possible Use: Residential
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: Low
  • Photos Count: 5
  • Road Responsibility: Publicly Maintained Road
  • Additional Parcels Description: 8513-81-8458-00
  • Senior Community YN: No
  • Plat Book Slide: 16/223
  • Restrictions: Architectural Review, Building, Manufactured Home Not Allowed, Modular Not Allowed, Square Feet, Subdivision
Utilities
  • Sewer: Septic Needed
  • Water Source: Well Needed
Interior and Exterior Features
Exterior Features
  • Road Surface Type: Paved
  • Other Structures: Other - See Remarks
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 1923 Cold Mountain Road

DateEvent & SourcePriceAppreciation
May 16, 2025

Listed (Active)

CANOPY #4259317

$4,500,000—
Aug 14, 2015

Closed

CANOPY #586107

$1,795,000—
Jul 31, 2015

Under Contract-No Show

CANOPY #586107

—
Jun 2, 2015

Listed (Active)

CANOPY #586107

$1,895,000—
DateEvent & SourcePrice
05/16/2025

Listed (Active)

CANOPY #4259317

$4,500,000
08/14/2015

Closed

CANOPY #586107

$1,795,000
07/31/2015

Under Contract-No Show

CANOPY #586107

—
06/02/2015

Listed (Active)

CANOPY #586107

$1,895,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1923 Cold Mountain Road

Taxable ValueLand$1,000,000Additions$36,630Total$1,036,630
Tax Record2025$4,981 ($415 / month)
Home Facts
Beds6Total Finished SqFt6,018 SqFtAbove Grade Finished SqFt6,018 SqFtLot Size33,106 SqFtStyleSingle Family ResidenceYear Built1965CountyTRANSYLVANIAAPN8513-81-6286-000Fireplace TypeHas Fireplace

Schools near 1923 Cold Mountain Road

This home is within Transylvania County School District.
Rating
School
Type
Grades
Distance
T C Henderson Elementary
Public - PK to 5
Rosman Middle
Public - 6 to 8
Rosman High
Public - 9 to 12
Rosman Elementary
Public - PK to 5
Rating
School
Distance
T C Henderson Elementary
PublicPK to 5

Rosman Middle
Public6 to 8

Rosman High
Public9 to 12

Rosman Elementary
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1923 Cold Mountain Road, Lake Toxaway, NC 28747

1923 Cold Mountain Road is a 2.64 ac of land for sale in Lake Toxaway, NC 28747. This property was listed for sale on May 16, 2025 by Fisher Realty - 10 Park Place, it's currently listed at $4,500,000. It has been on the market for a total of 255 days and was last sold on August 14, 2015. This listing's school district is Transylvania County School District. Nearby schools include T C Henderson Elementary, Rosman Middle and Rosman High. 1923 Cold Mountain Road is a 0-bed, 0-bath, 2.64 ac of land on a 114,998 sq. ft. / 2.64 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Fisher Realty - 10 Park Place

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/27/2026 08:53 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.