138 Indian Trace

Lake Toxaway, NC 28747

$8,995,000

  • 4
    Beds
  • 5
    Baths
  • 2
    Half Baths
  • 5,608
    Sqft
  • 1.12
    Acres

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.

Listed By: Fisher Realty,Sapphire/Toxaway
Status: Active
Attribution: [email protected]

Contact us to schedule a tour or request more info.

Property 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
  • Fire Pit
  • Other - See Remarks

Based on information submitted to the MLS GRID as of 2026-07-23 at 9:45PM. 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.

Displays of minimal information (e.g. “thumbnails”, text messages, “tweets,” etc., of two hundred (200) characters or less) are exempt from this requirement but only when linked directly to a display that includes all required disclosures. For audio delivery of listing content, all required disclosures must be subsequently delivered electronically to the registered consumer performing the property search or linked to through the devices application.

Properties displayed may be listed or sold by various participants in the MLS

Some IDX listings have been excluded from this website.

Please report any data issues or discrepancies using the form at https://wncidx.com/support

MLS Grid

Copyright © 2026. All rights reserved.