Listing by: Amanda Jennings Gravley, Fisher Realty,Sapphire/Toxaway, ajennings@fisherrealtync.com
4 Beds
7 Baths
5,608SqFt
Active
A rare opportunity to acquire one of Lake Toxaway's most distinguished waterfront estates, now offered at an exceptional new price. One of Lake Toxaway and Western North Carolina’s most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two premier lakefront point lots with an extraordinary 326 feet of shoreline on fabled Lake Toxaway. Ideally positioned just moments from the Lake Toxaway Country Club, Greystone Inn, marina, and the community’s most desirable amenities, the residence offers a rare combination of privacy, convenience, and timeless prestige. Inspired by classic Old World architecture and built with uncompromising attention to detail, the home showcases extensive hand-laid stonework, grand and inviting living spaces, soaring ceilings, and three wood-burning masonry fireplaces that create a warm yet refined mountain ambiance. The chef’s kitchen is designed for both elevated entertaining and everyday enjoyment, seamlessly connecting to the home’s gracious gathering areas. The expansive primary suite is a true retreat, featuring an elegant en-suite paneled library and spa-inspired bath. Upstairs, generously sized guest suites provide comfort and privacy, while a spacious bonus room with full bath above the two-car garage offers flexible living for guests or recreation. Designed for exceptional indoor-outdoor living, the estate features expansive entertaining spaces including a covered dining porch, lakeside firepit, and multiple vantage points to take in the sweeping lake and mountain views. Outdoor amenities are unmatched, with a large stationary dock, rare two-stall boathouse, and exceptional shoreline access. Additional highlights include a golf cart garage, full-house generator, and thoughtfully designed storage and utility spaces that enhance year-round comfort and peace of mind. With one of the most spectacular lake and mountain settings in all of Western North Carolina, this is a truly rare offering—an irreplaceable legacy estate and a once-in-a-generation opportunity on Lake Toxaway.
Property Details | ||
|---|---|---|
| Price | $8,995,000 | |
| Bedrooms | 4 | |
| Full Baths | 5 | |
| Half Baths | 2 | |
| Total Baths | 7 | |
| Property Style | Old World, Traditional | |
| Lot Size Area | 1.12 | |
| Lot Size Area Units | Acres | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Single Family Residence | |
| Features | Breakfast Bar, Built-in Features, Cable Prewire, Drop Zone, Entrance Foyer, Garden Tub, Kitchen Island, Open Floorplan, Pantry, Split Bedroom, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Other - See Remarks | |
| Exterior Features | Fire Pit, Other - See Remarks | |
| Year Built | 1998 | |
| Subdivision | Lake Toxaway Estates | |
| View | Mountain(s), Water, Year Round | |
| Roof | Slate | |
| Waterfront | Lake Toxaway | |
| Heating | Forced Air, Propane, Zoned | |
| Foundation | Basement | |
| Lot Description | Corner Lot, Private, Waterfront, Other - See Remarks | |
| Laundry Features | Laundry Room, Main Level, Sink | |
| Parking Description | Attached Garage, Golf Cart Garage | |
| Garage spaces | 2 | |
| Association Name | IPM Corporation | |
| Association Fee | 4085 | |
Geographic Data | ||
| Directions | From US64, enter Lake Toxaway Estates at the main entrance and follow West Club Boulevard to the stop sign. Take a right on the continuation of West Club Blvd. to a right on the first Indian Trace. Home will be after the curve on the right. | |
| County | Transylvania | |
| Latitude | 35.132366 | |
| Longitude | -82.942206 | |
Address Information | ||
| Address | 138 Indian Trace, Lake Toxaway, NC 28747 | |
| Postal Code | 28747 | |
| City | Lake Toxaway | |
| State | NC | |
| Country | United States | |
Listing Information | ||
| Listing Office | Fisher Realty,Sapphire/Toxaway | |
| Listing Office Phone | 828-966-9290 | |
| Listing Agent | Amanda Jennings Gravley | |
| Listing Agent Phone | 828-200-2944 | |
| Attribution Contact | ajennings@fisherrealtync.com | |
| Compensation Disclaimer | The offer of compensation is made only to participants of the MLS where the listing is filed. | |
| Special listing conditions | None | |
School Information | ||
| Elementary School | T.C. Henderson | |
| Middle School | Rosman | |
| High School | Rosman | |
MLS Information | ||
| Days on market | 120 | |
| MLS Status | Active | |
| Listing Date | Apr 3, 2026 | |
| Listing Last Modified | Aug 1, 2026 | |
| Tax ID | 8522-16-6570-000 | |
| MLS # | CAR4361067 | |
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Listings courtesy of Canopy MLS as distributed by MLS GRID.
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