Save
Ask
Tour
Hide
Share
$8,995,000
100 Days On Site

138 Indian Trace
Lake Toxaway, NC 28747

For Sale|Single Family Residence|Active
4
Beds
7
Total Baths
5
Full Baths
2
Partial Baths
5,608
SqFt
$1,604
/SqFt
1998
Built
Subdivision:
Lake Toxaway Estates
County:
Transylvania

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 704-810-4299
Is this the listing for you? We can help make it yours.
704-810-4299
138 Indian Trace138 Indian Trace138 Indian Trace138 Indian Trace
Save
Ask
Tour
Hide
Share

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$8,995,000
Days On Site 
100 Days
Bedrooms 
4
Inside Area (SqFt) 
5,608 sqft
Total Baths 
7
Full Baths 
5
Partial Baths 
2
Lot Size 
1.12 Acres
Year Built 
1998
MLS® Number 
4361067
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$340.42 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoPrice changed to $8,995,000
a week agoListing updated with changes from the MLS®
3 months agoListing first seen on site
General Features
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Levels 
One and One Half
Parking 
Golf Cart Garage
Property Sub Type 
Single Family Residence
Security 
Carbon Monoxide Detector(s)Security ServiceSecurity SystemSmoke Detector(s)
Sewer 
Septic Tank
SqFt Above 
5608
SqFt Total 
5608
Style 
Old WorldTraditional
Utilities 
Cable AvailableCable ConnectedElectricity ConnectedPhone ConnectedPropaneUnderground Utilities
Water Source 
Well
Zoning 
None
Interior Features
Appliances 
Bar FridgeDishwasherDisposalDryerGas CooktopIndoor GrillMicrowaveOvenPlumbed For Ice MakerRefrigeratorSelf Cleaning OvenWasherWasher/Dryer
Basement 
Exterior EntryStorage SpaceUnfinished
Cooling 
Heat PumpZoned
Fireplace 
Yes
Fireplace Features 
DenFamily RoomFire PitGreat RoomWood Burning
Flooring 
CarpetTileWood
Heating 
Forced AirPropaneZoned
Interior 
Breakfast BarBuilt-in FeaturesEntrance FoyerKitchen IslandOpen FloorplanPantryStorageWalk-In Closet(s)Wet Bar
Laundry Features 
Laundry RoomMain LevelSink
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
StoneSynthetic Stucco
Exterior 
DockFire Pit
Lot Features 
Corner LotPrivateWaterfront
Patio And Porch 
CoveredDeckFront PorchPorch
Roof 
Slate
View 
Mountain(s)Water
Waterfront 
Yes
Waterfront Features 
Lake Toxaway
Waterview 
Mountain(s)Water
Windows/Doors 
French DoorsMirrored Closet Door(s)
Community Features
Association Amenities 
Trail(s)
Association Dues 
4085
Community Features 
ClubhouseFitness CenterGolfPlaygroundTennis Court(s)Other
HOA Fee Frequency 
Annually
Horse Property 
None
Roads 
ConcretePaved
Schools
School District
Unknown
Elementary School
T.C. Henderson
Middle School
Rosman
High School
Rosman
Listing courtesy of Fisher Realty,Sapphire/Toxaway [email protected]


Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. 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. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Canopy MLS.

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 [email protected]. “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.

Last checked - 2026-07-12 10:13 PM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share