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Home » 412 Cherokee Trace, Lake Toxaway, NC 28747 (MLS # 4312888)

138 Indian Trace, Lake Toxaway, NC 28747 (MLS # 4361067)

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PRICE $8,995,000 dsIDX morgage calculator
BEDS 4
BATHS 6
HOME SIZE 5,608 sqft
LOT SIZE 1.12 ac
Request More Info Schedule a Showing

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

SCHOOLS
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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CONTACT US ABOUT 138 INDIAN TRACE
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Listed with Fisher Realty,Sapphire/Toxaway
Date last updated: 10/8/26 4:55 PM PDT

The data relating to real estate on this website derive in part from the Internet Data Exchange program. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. All properties are subject to prior sale, change or withdrawal. Neither Havmoeller nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Properties reported may be listed or sold by various participants in the MLS
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This IDX solution is (c) Diverse Solutions 2026.

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Dorthe you are the ultimate professional!! Its is always a pleasure working with you. Many thanks. Bolivar Albainy

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