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$495,000
2 bd
2 ba
1,232 sqft
221 Toxaway Falls Drive #1
Lake Toxaway, NC 28747
Active
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
Contact Brian Deacon About This Property
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