138 Indian Trace, Lake Toxaway, NC 28747

$9.5M · 4 bd · 7 ba · 5608 sqft

About This Property

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.

Location

138 Indian Trace, Lake Toxaway, NC 28747

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Property Details

Overview

Property TypeSingle Family Residence

Year Built1998

Lot Size1.12 Acres

Stories/LevelsOne and One Half

Interior

Bedrooms4

Bathrooms (Full)5

Bathrooms (Half)2

Total Rooms16

Sqft5,608

HeatingForced Air, Propane, Zoned

Cooling / A/CHeat Pump, Zoned

FlooringCarpet, Tile, Wood

Exterior

Garage Spaces2

ExteriorStone, Synthetic Stucco, Wood

FoundationBasement

RoofSlate

Financial

List Price$9.5M

HOA/Maintenance$4,085/mo

Original Price$9.5M

Location

Address138 Indian Trace, Lake Toxaway, NC 28747

NeighborhoodLake Toxaway Estates

CityLake Toxaway

CountyTransylvania

StateNC

Zip28747

Listed by Fisher Realty,Sapphire/Toxaway · ajennings@fisherrealtync.com MLS# CAR4361067

Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 05/25/2026, 10:23:11 AM. 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. Some IDX listings have been excluded from this website.

Information deemed reliable but not guaranteed. Buyer to verify all information.

Brian Jones

Compass

Founder of Luxury Communities and a seasoned luxury real estate advisor in Asheville and Western North Carolina. Brian specializes in private gated communities, luxury estates, and second-home destinations, with a strategic and technology-driven approach to matching buyers with the right communities and opportunities.

Meet Brian