Save
Ask
Tour
Hide
Share
$11,500,000
21 Days On Site

138 Indian Trace
Lake Toxaway, NC 28747

For Sale|Single Family Residence|Active Under Contract
4
Beds
5
Full Baths
2
Partial Baths
5,608
SqFt
$2,051
/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.

138 Indian Trace138 Indian Trace138 Indian Trace138 Indian Trace
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$52,468
Calculator powered by Showcase IDX. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$11,500,000
Days On Site 
21 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 
4202517
Status 
Active Under Contract
Property Tax 
N/A
HOA/Condo/Coop Fees 
$441 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
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
Stories 
One and One Half
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 
5292
Community Features 
ClubhouseFitness CenterGolfPlaygroundTennis Court(s)Other
Financing Terms Available 
CashConventional
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 - 10 Park Place artfisher@fisherrealtync.com


Listings courtesy of Canopy MLS as distributed by MLS GRID

Some IDX listings have been excluded from this website. 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 on a transaction. All properties are subject to prior sale, change or withdrawal. Neither the publisher of this website 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. Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. 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. ©2025 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 DMCAnotice@MLSGrid.com. “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.

Data last update - 2024-10-30 12:00 AM UTC

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share