WaterfrontBoat House, Boat Lift, Boat Ramp, Seawall, Dock
FireplaceGreat Room
ViewMountain(s), Water
MLS #4070374
StatusActive
About 987 Cold Mountain Rd
Welcome to Knox’s Landing…designed for easy living and family fun. Open living, dining & kitchen area keeps everyone involved while inside. A level lot with easy access to dock, boathouse and lakeside patio with fire pit helps to entertain “lake style”. A stunning sun room combined with a large screened gathering porch (complete with wet bar, grill and additional dining) beckons the whole gang to enjoy the fun. Master suite and office/media room (with full bath) completes the main level. Two bedrooms with adjoining bath takes in the upper level. Easy access off Cold Mountain Road to club facilities (if you choose the social life) or to US 64. Beautiful property with open water and full lake and mountain views.
Property Details
Property Features
Property Information:
Architectural Style: Contemporary
Year Built: 1973
Living Area: 2,446 SqFt
Listing Office:
Office Name: Hazel R. Fisher & Associates
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator, Washer/Dryer
Basement: Yes
Flooring Type: Carpet, Laminate, Tile
Interior: Breakfast Bar, Cathedral Ceiling(s), Open Floorplan, Pantry, Wet Bar
Fireplace: Great Room
Bedroom and Bathroom Information:
Full Bathrooms: 3
Total Bedroom Count: 3
Exterior Features
Exterior Information:
Waterfront: Boat House, Boat Lift, Boat Ramp, Seawall, Dock
View: Mountain(s), Water
Exterior: Fire Pit
Parking Information:
Parking: Attached Carport
Utilities
Utilities Information:
Heating: Heat Pump
Cooling: Heat Pump
Other
Directions Information:
Directions: US 64 to Blue Ridge Road; left onto Cold Mountain Road; 0.9 mile; property on left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Price Per SqFt: $1,431/SqFt
HOA Fees:
Amount: $952
Frequency: Annually
Tax Information:
Annual Amount: $8,462
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lake Toxaway, NC.
This property is $3.0M more than the Median Sold Price and $1.1K/SqFt more than other homes in Lake Toxaway, NC.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #4070374
Listing Office:
Office Name: Hazel R. Fisher & Associates
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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.
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$17.6K
Per Month
Principal & Interest
$17.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$79
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$10.5K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
T C Henderson Elementary School
11839 Rosman Hwy
Distance between this listing and this school3.25 miles
Public District Grades KG-5
4
/10
Rosman Elementary School
167 Rosman School Rd
Distance between this listing and this school6.62 miles
Public District Grades PK-5
4
/10
Blue Ridge School
95 Bobcat Dr
Distance between this listing and this school10.02 miles
Public District Grades KG-6
Nearby Schools
6
/10
Rosman Middle School
2770 Old Rosman Hwy
Distance between this listing and this school6.94 miles
Public District Grades 6-8
5
/10
Summit Charter
370 Mitten Ln
Distance between this listing and this school9.56 miles
Public Charter Grades KG-8
7
/10
Brevard Academy
299 Andante Ln
Distance between this listing and this school12.92 miles
Public Charter Grades KG-8
Nearby Schools
6
/10
Rosman High School
749 Pickens Hwy
Distance between this listing and this school6.93 miles
Public District Grades 9-12
3
/10
Blue Ridge Early College
95 Bobcat Dr
Distance between this listing and this school10.02 miles
Public District Grades 7-12
9
/10
Brevard High School
609 Country Club Rd
Distance between this listing and this school12.87 miles
The neighbors living near this home have an average income of $58,250. Most Lake Toxaway, NC residents have annual incomes between $35k-100k. The most common type of family is married, no kids. Most residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 987 Cold Mountain Rd
What is the listing price of this property?
The listing price of 987 Cold Mountain Rd property is $3,500,000.
What type of property is this?
The property 987 Cold Mountain Rd is a house located in Lake Toxaway, North Carolina, 28747.
Is this property for sale now?
Active Listing: 987 Cold Mountain Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $8,462 (source: MLS/based on county public records data).
How many bedrooms and bathrooms does this property have?
The property at 987 Cold Mountain Rd has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 987 Cold Mountain Rd is 2,446 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 987 Cold Mountain Rd is 1973.
Interested in 987 Cold Mountain Rd? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 987 Cold Mountain Rd in Lake Toxaway, NC and zip code 28747. This 2,446 square foot home was built in 1973. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 19, 2023 and is currently priced at $3,500,000.
Lake Toxaway, NC housing market in March 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 2 sold below. The number of listings in Lake Toxaway, NC increased by 3.3% between February 2024 and March 2024. Listings spent 23 days on the market in March 2024, and had a median list price of $439,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Canopy MLS as distributed by MLS GRID.
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. 
Figure Skating
Figure Skating
Hunting
NASCAR
Dollar General
Dillards
Wal-Mart
Applebees
Cracker Barrel
Hardee's
Cadillac
Oldsmobile
Ram
Classic Country
News/Talk/Information
Oldies