4 Beds

7 Baths

5,608 SqFt

Active

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.

Property Details
Price $10,250,000
Bedrooms 4
Full Baths 5
Half Baths 2
Total Baths 7
Property Style Old World, Traditional
Lot Size Area 1.12
Lot Size Area Units Acres
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Single Family Residence
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
Exterior Features Fire Pit, Other - See Remarks
Year Built 1998
Subdivision Lake Toxaway Estates
View Mountain(s), Water, Year Round
Roof Slate
Waterfront Lake Toxaway
Heating Forced Air, Propane, Zoned
Foundation Basement
Lot Description Corner Lot, Private, Waterfront, Other - See Remarks
Laundry Features Laundry Room, Main Level, Sink
Parking Description Attached Garage, Golf Cart Garage
Garage spaces 2
Association Name IPM Corporation
Association Fee 5292
Geographic Data
Directions 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.
County Transylvania
Latitude 35.132366
Longitude -82.942206
Address Information
Address 138 Indian Trace, Lake Toxaway, NC 28747
Postal Code 28747
City Lake Toxaway
State NC
Country United States
Listing Information
Listing Office Fisher Realty - 10 Park Place
Listing Office Phone 828-883-9895
Listing Agent Art Fisher
Listing Agent Phone 828-883-9895
Special listing conditions None
Terms Cash, Conventional
School Information
Elementary School T.C. Henderson
Middle School Rosman
High School Rosman
MLS Information
Days on market 173
MLS Status Active
Listing Date Dec 27, 2024
Listing Last Modified Jul 23, 2025
Tax ID 8522-16-6570-000
MLS # CAR4202517

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This information is believed to be accurate, but without any warranty.