Active

138 Indian Trace

Lake Toxaway, NC 28747
Mark as Favorite
Bed 4

Bed

Bath 7

Bath

SqFt5,608

Sqft

Acres1.12

Acres(Lot)

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, an d 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.

Read More Expand

Detail Ic Property Details

Property Type : Residential

Price : $8,995,000

AD Id : 76789935

MLS Id : CAR4361067

Beds : 4

Lot Size : 1.12 Acres

Living Area Size : 5,608

Year Built : 1998

Garage : 2

County : Transylvania

Subdivision: Lake Toxaway Estates

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 7 Full Baths: 5 Half Baths: 2

    Room Information

    Has Basement: Yes

    Interior 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 Roof: Slate Appliances: 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 Features: Laundry Room, Main Level, Sink

    Roofing Information

    Slate
  • Flooring Information

    Flooring: Carpet, Tile, Wood Construction Materials: Stone, Synthetic Stucco, Wood
  • Heating & Cooling

    Heating: Forced Air, Propane, Zoned Cooling: Heat Pump, Zoned WaterSource: Well

  • Building Information

    Year Built: 1998
  • Exterior Features

    Fire Pit, Other - See Remarks Construction Materials: Stone, Synthetic Stucco, Wood Foundation Details: Basement Road Responsibility: Private Maintained Road

  • Lot Information

    Lot Description: Corner Lot, Private, Waterfront, Other - See Remarks Lot Size Area: 1.12 acre

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Old World, Traditional

  • Listing Price Information

    Original List Price:$9500000

  • Tax Information

    Tax Assessed Value: 10286010 Parcel Number: 8522-16-6570-000

  • Parking Information

    Attached Garage, Golf Cart Garage

    Garage Information

    Has Garage: Yes Garage Space: 2 Has Main Level Garage: Yes

    Homeowners Association Information

    HOA: $4,085.00 Annually

  • School Information

    Elementary School: T.C. Henderson Junior High School: Rosman Senior High School: Rosman
  • Utility Information

    Cable Available, Cable Connected, Electricity Connected, Fiber Optics, Phone Connected, Propane, Satellite Internet Available, Underground Power Lines, Underground Utilities, Wired Internet Available Sewer: Septic Installed Water Source: Well
  • Location Information

    Subdivision: Lake Toxaway Estates City: Lake Toxaway Direction: 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.
Sell a home like this and save $539,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10932 Rosman Highway, Lake Toxaway, NC, 28747 $639,000 1 1 2,992 2,992 SqFt
110 South Fork Trail #10, Lake Toxaway, NC, 28747 $485,000 2 2 1,520 1,520 SqFt
559 Old Quebec Road, Lake Toxaway, NC, 28747 $299,500 3 2 1,178 1,178 SqFt
164 Horseplay Lane, Lake Toxaway, NC, 28747 $269,000 3 2 1,226 1,226 SqFt
124 Flat Creek Drive, Lake Toxaway, NC, 28747 $327,900 2 2 1,728 1,728 SqFt
939 Rocky Mountain Road, Lake Toxaway, NC, 28747 $575,000 3 2 1,728 1,728 SqFt
13705 Rosman Highway, Lake Toxaway, NC, 28747 $549,000 3 3 2,500 2,500 SqFt
78 Highland Drive, Lake Toxaway, NC, 28747 $379,000 3 3 1,746 1,746 SqFt
178 Whetstone Gap Road, Lake Toxaway, NC, 28747 $539,900 2 2 1,701 1,701 SqFt
526 Whetstone Gap Road, Lake Toxaway, NC, 28747 $419,000 3 2 1,627 1,627 SqFt
Broker Logo

Disclaimer: The information being provided courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the CAROLINA (Canopy MLS). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of CAROLINA (Canopy MLS). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 08/19/2026 @ 06:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 08/19/2026 @ 06:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 08/19/2026 @ 06:20

MLS: CAROLINA #4361067 LISTED BY: Amanda Jennings Gravley, Fisher Realty,Sapphire/Toxaway 828-966-9290 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

Homes around $8,995,000

Selling? Save $539,201 when you sell a home like this

Tour with a ByOwner Agent