Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
4 Beds
7 Baths
5,608 sqft

$8,995,000

138 Indian Trace, Lake Toxaway NC, 28747

Price per sqft$1,603.96
Built in1998
Property size5,608 sqft
Property typeResidential
Courtesy of Fisher Realty,Sapphire/Toxaway, Amanda Jennings Gravley Listing Contact: [email protected]

Overview

Active

Listed Apr 3, 2026

Updated Aug 2

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.

$59,844/mo

Est. mortgage payment based on a $8,995,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4361067

Interior Features

Bedrooms
4
Bathrooms
7
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
1.12 Acres

Other Property Details

Association Fee Frequency
Yearly
Garage
Yes
View
Yes
Waterfront
Yes
55+/Senior Community
No

Also listed on Highlands Cashiers Board of REALTORS®

Listings courtesy of Canopy MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jose Feria shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 4:14 PM UTC on 9/16/2026. 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.

©2026 Canopy MLS . All rights reserved.

DMCA Notice

Powered by Luxury Presence