138 Indian Trace, Lake Toxaway, NC 28747 (MLS # 4361067)
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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.
| TRACT | Lake Toxaway Estates | YEAR BUILT | 1998 |
|---|---|---|---|
| COMMUNITY | Lake Toxaway Estates | GARAGE SPACES | 2.0 |
| COUNTY | Transylvania | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | T.C. Henderson |
|---|---|
| Jr. High School | Rosman |
| High School | Rosman |
| ADDITIONAL DETAILS | |
| AIR | Heat Pump, Zoned |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Bar Fridge, Dishwasher, Disposal, Dryer, Gas Cooktop, Indoor Grill, Microwave, Oven, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Washer, Washer/Dryer |
| BASEMENT | Exterior Entry, Storage Space, Unfinished, Yes |
| CONSTRUCTION | Stone, Synthetic Stucco |
| EXTERIOR | Dock, Fire pit |
| FIREPLACE | Yes |
| GARAGE | Attached Garage, Yes |
| HEAT | Forced Air, Propane, Zoned |
| HOA DUES | 4085 |
| INTERIOR | Breakfast Bar, Built-in Features, Entrance Foyer, Kitchen Island, Open Floorplan, Pantry, Storage, Walk-In Closet(s), Wet Bar |
| LOT | 1.12 acre(s) |
| LOT DESCRIPTION | Corner Lot, Private, Waterfront |
| LOT DIMENSIONS | 1.12 |
| MLS STATUS | Active |
| PARKING | Golf Cart Garage |
| SEWER | Septic Tank |
| STORIES | 1.5 |
| STYLE | Old World, Traditional |
| SUBDIVISION | Lake Toxaway Estates |
| UTILITIES | Cable Available, Cable Connected, Electricity Connected, Phone Connected, Propane, Underground Utilities |
| VIEW | Yes |
| VIEW DESCRIPTION | Mountain(s), Water |
| WATER | Well |
| WATER ACCESS | Lake Toxaway |
| WATERFRONT | Yes |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Fisher Realty,Sapphire/Toxaway
Date last updated: 8/24/26 8:09 AM PDT
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