Perched on 2.89 acres of coveted Lake Toxaway shoreline, 905 Cold Mountain Road is a mountain-lake retreat where mornings arrive slowly and the water answers the day. Step onto the lake-facing deck at sunrise and feel the clean, cool air off North Carolina’s largest private lake; the Blue Ridge ridgeline frames the horizon and the surface of the water shifts from pewter to gold. The main home—built in 1977 and meticulously maintained—offers a comfortable single-story layout with four bedrooms, four baths and classic hardwood floors that catch the morning light. A welcoming fireplace anchors a living area oriented toward the lake, and multiple decks extend daily life outdoors where you’ll soak up sweeping views and evenings of quiet reflection.
A fully renovated guest house expands the estate’s possibilities: three bedrooms, 2.5 baths, a bright sunroom and a large covered porch create an independent, turnkey living space for guests, extended family or rental use. Inside both structures you’ll find thoughtfully maintained finishes, central heating and cooling, and the ease of one-level living paired with the charm of a true mountain hideaway. Practical systems—propane gas, private water, septic and Duke Energy electric—support comfortable year-round use.
Outside, the property reads like a private club. A well-maintained cleared lawn slopes gently toward a private boathouse and multiple boat slips, giving immediate, direct access to the lake. A basketball court and expansive outdoor gathering areas invite both play and quiet; three additional buildable lots on the parcel present rare development or retreat-expansion potential, whether you envision a multi-generational compound or separate homes for friends and family.
Located in the exclusive Lake Toxaway Estates community, the house is minutes from the Lake Toxaway Country Club and the storied Greystone Inn—easy access for golf, tennis, dining and social life—while Gorges State Park and miles of hiking lie a short drive away. This property balances the privacy of a mountain lakefront sanctuary with proximity to the social, recreational and hospitality anchors that define Lake Toxaway living. Whether you’re seeking a legacy estate, a seasonal escape, or an investment with development upside, this offering invites you to imagine summers on the dock, snow-capped ridgelines in winter, and a lifetime of moments framed by water and mountain.