221 Toxaway Falls Drive #1
$495,000
2 bd 2 ba 1,232 sqft
221 Toxaway Falls Drive #1
Lake Toxaway, NC 28747
13 days on market
Property Type
Residential
Year Built
1981
Lot Size
Garage

About This Property

There is something truly special about 221 Toxaway Falls Drive, Unit 1—a place where the soundtrack of your day is the steady, meditative roar of the 350-foot Toxaway Falls. This isn’t just a condo; it’s a front-row seat to one of the most iconic views in the Blue Ridge Mountains, with the lush, protected forests of Gorges State Park as your only neighbor across the gorge. While the kitchen remains in its classic, functional state with excellent appliances , the Primary bathroom has been tastefully redone to offer a fresh, modern feel. The living area, centered around a stone fireplace, has been updated with a dedicated gas line—meaning no propane tanks to fill for your fires or your deck-side grilling. Efficiency and ease are built into this unit’s design. While there is only one short flight of stairs to the front door, a newly installed chairlift makes the transition effortless, whether you’re moving heavy luggage or assisting a guest with limited mobility. Just a short walk away, you can enjoy the community’s heated pool, a rare mountain luxury for those warm summer afternoons. For residents of the Mountain Falls Luxury Motorcoach Resort just up the mountain, this property serves as the ultimate "guest annex." It allows your visitors to enjoy their own private, upgraded sanctuary with world-class views while keeping them right in your neighborhood. Beyond its charm as a personal retreat, this unit is a proven performer for the savvy investor. Currently operating as a highly successful short-term rental, it offers a turnkey opportunity to step into a lucrative income stream from day one. Whether you are looking for a private mountain escape, a sophisticated overflow space for friends and family, or a high-demand investment property with a "waterfall in the backyard" draw, this fully furnished unit delivers on every front.

Property Details

Interior

Bedrooms
2
Bathrooms
2
Living Area
1,232 sqft

Exterior & Lot

Year Built
1981

Location

Subdivision
Toxaway Falls Condominium One
County
Transylvania
ZIP Code
28747

Financial

Listing Terms
Cash, Conventional, FHA, USDA Loan, VA Loan
HOA Fee
$1,196/mo

Utilities

Utilities
Cable Available, Electricity Connected, Fiber Optics, Propane, Underground Power Lines, Underground Utilities, Wired Internet Available
Sewer
Septic Installed

Schools

Elementary
T.C. Henderson
Middle School
Rosman
High School
Rosman

Interior Features

Entrance Foyer, Open Floorplan, Walk-In Closet(s)

Appliances

Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Washer/Dryer

Patio & Porch Features

Covered, Deck

Lot Features

Adjoins Forest, Hilly, Private, Wooded, Views, Waterfall

Location

Listing Information

MLS #
CAR4357279
Listing Agent
Mike Batchelder
Listing Office
Coldwell Banker Advantage
Listed Date
Apr 14, 2026
Brian Deacon
Brian Deacon
Realtor®, Broker Associate

Contact Brian Deacon About This Property

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