138 Indian Trace, Lake Toxaway NC
- 4 Bed
- 7 Bath
- 3784 ft2
- 1.1 ac
For Sale $9,995,000
Remarks:
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.
Exterior Features:
Fire Pit, Other - See Remarks
Interior 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
General Information:
| List Price: | $9,995,000 |
| Status: | For Sale |
| Bedrooms: | 4 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 3784 sqft |
| Parking: | Attached Garage, Golf Cart Garage |
| MLS Number: | CAR4202517 |
| Subdivision: | Lake Toxaway Estates |
| Style: | Old World, Traditional |
| Bathrooms: | 7 |
| Lot Description: | Corner Lot, Private, Waterfront, Other - See Remarks |
| Year Built: | 1998 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | T.C. Henderson |
| Middle: | Rosman |
| High: | Rosman |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 10-27-2025 | Price Decrease | $9,995,000-2.49% | $2,642 |
| 06-29-2025 | Price Decrease | $10,250,000-10.87% | $2,709 |
| 04-30-2025 | Listed | $11,500,000 | $3,040 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| T C Henderson Elementary | 3 miles | KG-05 | 9 |
| Rosman Elementary | 7 miles | KG-05 | 8 |
| Summit Charter School | 9 miles | KG-06 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 138 Indian Trace, Lake Toxaway NC | 0 mi | $9,995,000 | days | |
| 3668 West Club Boulevard, Lake Toxaway NC | 0.3 mi | $4,395,000 | days | |
| 41 Chimney Point, Lake Toxaway NC | 0.4 mi | $10,250,000 | days | |
| 35 Toxaway Landing Drive, Lake Toxaway NC | 0.4 mi | $1,895,000 | days | |
| 40 Toxaway Landing Drive, Lake Toxaway NC | 0.4 mi | $1,495,000 | days | |
| 68 Toxaway Point, Lake Toxaway NC | 0.5 mi | $925,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28747
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Fisher Realty,Sapphire/Toxaway
138 Indian Trace, Lake Toxaway NC is a 3784 ft2 on a 1.120 acres lot. This is for $9,995,000. This has 4 bedrooms, 7 baths, and was built in 1998.
Based on information submitted to the MLS GRID as of 2025-04-30 09:07:00 EST. 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.
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Neither Yates Realty 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.
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