One of Lake Toxaway and Western North Carolina’s most magnificent legacy homes, this masterfully crafted 4BR, 5.5BA estate is situated on two prime lakefront point lots with 326 feet of lake frontage on fabled Lake Toxaway. Situated very close to the Lake Toxaway Country Club, Greystone Inn, Marina, and all amenities Lake Toxaway offers, this Old World Estate offers the finest appointments including extensive stone work, large, spacious rooms, three wood burning masonry fireplaces, chef’s kitchen, expansive master suite with en-suite paneled library, gracious guest suites upstairs, bonus room with full bath over a two car garage, generator, golf cart garage, extensive outdoor entertaining spaces including a covered dining porch, firepit, large stationary dock, two stall boat house, and one of the most spectacular lake and mountain views in the mountains of North Carolina. This home is a rare opportunity and a must see.
Active
$11,500,000
138 Indian Trce, Lake Toxaway, NC 28747
4beds
5,608sqft
Est.:
Single Family Residence
Built in 1998
1.12 Acres Lot
$-- Zestimate®
$2,051/sqft
$441/mo HOA
What's special
Two stall boat houseLarge stationary dockCovered dining porchExpansive master suiteLakefront point lotsSpacious roomsExtensive stone work
- 120 days
- on Zillow |
- 1,324 |
- 38 |
Zillow last checked: 7 hours ago
Listing updated: February 27, 2025 at 07:14am
Listing Provided by:
Art Fisher artfisher@fisherrealtync.com,
Fisher Realty - 10 Park Place
Source: Canopy MLS as distributed by MLS GRID,MLS#: 4202517

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 7
- Full bathrooms: 5
- 1/2 bathrooms: 2
- Main level bedrooms: 1
Primary bedroom
- Features: En Suite Bathroom, Walk-In Closet(s)
- Level: Main
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bedroom s
- Level: Upper
Bathroom full
- Level: Upper
Bathroom full
- Level: Upper
Bathroom full
- Level: Main
Bathroom full
- Level: Upper
Den
- Features: Built-in Features
- Level: Main
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Features: Kitchen Island
- Level: Main
Living room
- Level: Main
Loft
- Level: Upper
Office
- Level: Main
Study
- Level: Upper
Heating
- Forced Air, Propane, Zoned
Cooling
- Heat Pump, Zoned
Appliances
- Included: Bar Fridge, Dishwasher, Disposal, Dryer, Exhaust Hood, Gas Cooktop, Indoor Grill, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer
- Laundry: Laundry Room, Main Level, Sink
Features
- Breakfast Bar, Built-in Features, Drop Zone, Soaking Tub, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Walk-In Pantry, Wet Bar, Other - See Remarks
- Flooring: Carpet, Tile, Wood
- Doors: French Doors, Insulated Door(s), Mirrored Closet Door(s)
- Windows: Insulated Windows
- Basement: Exterior Entry,Storage Space,Unfinished
- Fireplace features: Den, Family Room, Fire Pit, Great Room, Wood Burning
Interior area
- Total structure area: 5,608
- Total interior livable area: 5,608 sqft
- Finished area above ground: 5,608
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Golf Cart Garage, Garage on Main Level
- Attached garage spaces: 2
Features
- Levels: One and One Half
- Stories: 1.5
- Patio & porch: Covered, Deck, Front Porch, Porch, Other
- Exterior features: Fire Pit, Other - See Remarks
- Has view: Yes
- View description: Mountain(s), Water, Year Round
- Has water view: Yes
- Water view: Water
- Waterfront features: Boat Ramp – Community, Dock, Waterfront
- Body of water: Lake Toxaway
Lot
- Size: 1.12 Acres
- Features: Corner Lot, Private, Other - See Remarks
Details
- Additional structures: Other
- Parcel number: 8522166570000
- Zoning: None
- Special conditions: Standard
- Other equipment: Fuel Tank(s), Generator
- Horse amenities: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Old World,Traditional
- Property subtype: Single Family Residence
Materials
- Stone, Synthetic Stucco, Wood
- Roof: Slate
Condition
- New construction: No
- Year built: 1998
Utilities & green energy
- Sewer: Septic Installed
- Water: Well
- Utilities for property: Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Connected, Propane, Satellite Internet Available, Underground Power Lines, Underground Utilities, Wired Internet Available
Community & HOA
Community
- Features: Clubhouse, Fitness Center, Game Court, Golf, Lake Access, Picnic Area, Playground, Putting Green, Recreation Area, Sport Court, Tennis Court(s), Walking Trails, Other
- Security: Carbon Monoxide Detector(s), Security Service, Security System, Smoke Detector(s)
- Subdivision: Lake Toxaway Estates
HOA
- Has HOA: Yes
- HOA fee: $5,292 annually
- HOA name: IPM Corporation
- HOA phone: 828-966-9453
Location
- Region: Lake Toxaway
- Elevation: 3000 Feet
Financial & listing details
- Price per square foot: $2,051/sqft
- Tax assessed value: $10,286,010
- Annual tax amount: $23,280
- Date on market: 12/27/2024
- Listing terms: Cash,Conventional
- Exclusions: Seller to provide list of exceptions
- Electric utility on property: Yes
- Road surface type: Brick, Concrete, Paved
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