#1001023, William D. Heinitsh, Listing office: Lake Toxaway Company
Property details
About 138 Indian Trce
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.
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 5
- Appliances: Dryer, Dishwasher, Exhaust Fan, Disposal, Indoor Grill, Microwave, Propane Cooktop, Refrigerator, Trash Compactor, Wine Cooler, Washer, Oven
- Basement: Yes
- Flooring Type: Carpet, Tile, Wood
- Interior: Wet Bar, Breakfast Bar, Built-in Features, Ceiling Fan(s), Kitchen Island, Pantry, Walk-In Closet(s)
- Fireplace: Den, Living Room, Wood Burning
- Total Bedroom Count: 4
- Garage Space: 2 spaces
- Attached Garage: Yes
- Parking: Attached, Concrete, Driveway, Garage, Golf Cart Garage, Boat, RV Access/Parking
- Waterfront: Lake Front, Water Access
- View: Lake, Mountain(s)
- Exterior: Dock, Fire Pit
- Architectural Style: Other
- Heating: Zoned, Natural Gas
- Cooling: Ceiling Fan(s), Heat Pump, Zoned
- List Price: $10,250,000
- HOA Amount: $5292 Annually
- Annual Tax Amount: $23,280
- Tax Year: 2024
- Lot: Level, Other
- Directions: Hwy 64 to main entrance of Lake Toxaway Estates. Follow West Club Blvd to 562 on the right.
- Year Built: 1998
- Lot Size: 1.12 Acres
- MLS Number: 106456
- MLS Name: HighlandsCashiers
- Office Name: Fisher Realty Highlands
- Office Phone: (828) 482-4503
- Listing Agent: Art Fisher
Copyright Highlands-Cashiers Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 8:45:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹

$10,250,000
138 Indian Trce
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $3,516,810 | $23,280 |
2023 | $3,516,810 | $23,287 |
2022 | $3,516,810 | $- |
2021 | $3,516,810 | $11,562 |
2020 | $3,501,650 | $24,539 |
2019 | $3,501,650 | $24,371 |
2018 | $3,501,650 | $19,727 |
2017 | $3,501,650 | $19,116 |
History based on county public records data.
Nearby schools
6
T C Henderson
Public Magnet PK-5
3.1 mi
•11839 Rosman Hwy
6
Rosman Elementary School
Public District PK-5
6.6 mi
•167 Rosman School Rd
8
Blue Ridge School
Public District PK-6
10.0 mi
•95 Bobcat Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $58,250. Most Lake Toxaway, NC residents have annual incomes less than $<35k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.
Similar homes for sale
Frequently asked questions
About 138 Indian Trce
The listing price of 138 Indian Trce property is $10,250,000.
The property 138 Indian Trce is a house located in Lake Toxaway, North Carolina, 28747.
Active Listing: 138 Indian Trce is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 138 Indian Trce are: T C Henderson (GreatSchools Rating 6/10), Rosman Elementary School (GreatSchools Rating 6/10), Blue Ridge School (GreatSchools Rating 8/10), Rosman Middle School (GreatSchools Rating 7/10), Brevard Middle School (GreatSchools Rating 8/10), Brevard Academy (GreatSchools Rating 5/10), Rosman High School (GreatSchools Rating 8/10), Summit Charter (GreatSchools Rating 5/10), Blue Ridge Early College (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $23,280 (source: MLS/based on county public records data).
The property at 138 Indian Trce has 4 bedrooms and 5 full and 2 half bathrooms.
The year of construction for 138 Indian Trce is 1998.
This home is located at 138 Indian Trce in Lake Toxaway, NC and zip code 28747. Features: 4 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since December 27, 2024 and is currently priced at $10,250,000.
Over 0 listings were sold over their listed price in May 2025 in Lake Toxaway, NC. In the same period over 2 listings were sold below the listed price and 0 listings were sold for the listed price. The inventory of homes for sale in Lake Toxaway, NC between April and May 2025 increased by 28.4%. In May 2025, listings were on the market for 15 days. During the same period, the median list price in this real estate market was $1,150,000.