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Active

221 Toxaway Falls Drive

Lake Toxaway, NC 28747

Active 72 days on market Listing ID CAR297773870

$475,000

2 bd · 2 ba · 1,232 sqft · $386/sqft

2 Beds
2 Baths
1,232 Sq Ft
$386/Sq Ft
1981 Built
CondominiumToxaway Falls Condominium OneApr 2, 2026

Highlights

1981 build2 bedroomsCondominiumToxaway Falls Condominium OneFireplaceScenic ViewHOA Community

About This Home

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 Details

Heating
  • Central
  • Electric
  • Forced Air
  • Heat Pump
Flooring
  • Carpet
  • Vinyl
Sqftmain
1232
Roomcount
8
Sqftlower
0
Sqftthird
0
Sqftupper
0
Bedroommain
2
Entry Level
1
Fullbathmain
2
Halfbathmain
0
Door Features
  • Insulated Door(s)
  • Sliding Doors
Half Bathrooms
0
Total Bathrooms
2
Window Features
  • Insulated Window(s)
  • Window Treatments
Laundry Features
  • In Kitchen
  • Main Level
Interior Features
  • Entrance Foyer
  • Open Floorplan
  • Walk-In Closet(s)
Mainlevelgarageyn
0
Security Features
  • Carbon Monoxide Detector(s)
  • Smoke Detector(s)
Sqftunheatedtotal
0
Fireplace Features
  • Gas Log
  • Gas Vented
  • Great Room
  • Propane
Sqfttotalpropertyhla
1232
Sqftsecondlivingquartershla
0

Dwelling And Structure

Architectural Style
  • Rustic
Accessibility Features
  • Two or More Access Exits

Square Footage And Levels

Levels
  • One
Above Grade Finished Area
1232
Below Grade Finished Area
0

Parking And Garage

Parking Features
  • Driveway
  • Parking Lot
  • Parking Space(s)

Exterior Features

Roof
  • Architectural Shingle
Construction Materials
  • Wood
Patio And Porch Features
  • Covered
  • Deck

Lot And Land

Lot Features
  • Adjoins Forest
  • Hilly
  • Private
  • Wooded
  • Views
  • Waterfall

Basement And Foundation

Foundation Details
  • Crawl Space

Waterfront And View

View
  • Mountain(s)
  • Water
  • Year Round

Utilities

Sewer
  • Septic Installed
Utilities
  • Cable Available
  • Electricity Connected
  • Fiber Optics
  • Propane
  • Underground Power Lines
  • Underground Utilities
  • Wired Internet Available
Water Source
  • Community Well

Financial Information

Citytaxespaidto
No City Taxes Paid
Hoasubjecttodues
Mandatory

Zoning And Restrictions

Zoningspecification
None

Pool And Spa

Private Pool
true
Pool Features
  • In Ground
  • Outdoor Pool

Listed by Mike Batchelder (954-326-7036) · Coldwell Banker Advantage (828-233-3100)

Location

Address
221 Toxaway Falls Drive
City
Lake Toxaway, NC 28747
Get directions →

Schools

Elementary
T.C. Henderson
Middle
Rosman
High
Rosman

School assignments may change. Contact the school district to confirm.

Canopy MLS

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