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138 Indian Trace

Lake Toxaway, NC 28747
  • $8,995,000
  • STATUS: Active
  • ON SITE: 165 Days
  • MLS #: 1002989
UPDATED: 50 min ago
$8,995,000
  • 4
    BEDS
  • 1.12
    ACRES
  • 5
    BATHS
  • 2
    1/2 BATHS
Neighborhood:
Type:
Single-Family Home
Built:
1998
County:
Area:

School Ratings & Info

Description

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.

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© 2026 Highlands-Cashiers Board of Realtors®. All Rights Reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Meadows Mountain Realty. Data last updated: 2026-09-16T19:17:11.783.
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138 Indian Trace Lake Toxaway, NC 28747

  • Price: $8,995,000
  • Status: Active
  • On Site: 165 Days
  • Updated: 50 min ago
  • MLS #: 1002989
4
Beds
5
Baths
2
½ Baths
1.12
Acres
1998
Built
Neighborhood:
Lake Toxaway Estates
County:
Transylvania
Area:
Toxaway
Property Description
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.
Exterior Features

Architectural Style Other Carport Spaces 0 Carport YN No Covered Spaces 2 Exterior Features Dock Fire Pit Satellite Dish Garage YN Yes Parking Features Attached Concrete Driveway Garage Two Car Garage Golf Cart Garage Boat RV Access / Parking Patio And Porch Features Rear Porch Covered Deck Front Porch Other Porch Roof Slate View Lake Mountain(s) View YN Yes Waterfront Features Lake Deeded Access Waterfront Waterfront YN Yes

Interior Features

Appliances Built- In Oven Dryer Dishwasher Exhaust Fan Disposal Indoor Grill Microwave Propane Cooktop Refrigerator Trash Compactor Wine Cooler Washer Basement Exterior Entry Other Unfinished Basement YN Yes Bathrooms Total Integer 7 Cooling Heat Pump Zoned Cooling YN Yes Fireplace Features Den Living Room Wood Burning Fireplace YN Yes Flooring Carpet Tile Wood Heating Gas Zoned Heating YN Yes Interior Features Wet Bar Breakfast Bar Built-in Features Ceiling Fan(s) Separate / Formal Dining Room Garden Tub / Roman Tub Jetted Tub Kitchen Island Pantry Walk- In Closet(s) Workshop Laundry Features Washer Hookup Dryer Hookup Levels One and One Half

Property Features

Association Fee 4085 Association Fee Frequency Annually Association YN Yes Community Features Clubhouse Fitness Center Golf Lake Marina Park Tennis Court(s) Trails / Paths Water Access Construction Materials Stone Synthetic Stucco Wood Siding Electric Generator Furnished Unfurnished Lease Considered YN No Lot Features Back Yard Close to Clubhouse Landscaped Other Views Waterfront Level Rolling Slope New Construction YN No Other Structures Boat House Property Sub Type Single Family Residence Property Sub Type Additional Single Family Residence Road Surface Type Paved Sewer Septic Tank Tax Annual Amount 23280 Tax Lot 2 D & 2 D1 Tax Year 2024 Utilities Cable Available Fiber Optic Available Propane Satellite Internet Available Water Body Name Lake Toxaway Water Source Well Zoning Description Residential

Listing provided courtesy of Amanda Jennings Gravley of Fisher Realty Sapphire/Toxaway: 828-966-9290.


© 2026 Highlands-Cashiers Board of Realtors®. All Rights Reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Berkshire Hathaway HomeServices Meadows Mountain Realty. Data last updated: 2026-09-16T19:17:11.783.
 
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Cashiers NC, 28717