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$450,000
9 Days On Site

221 Toxaway Falls Drive 1
Lake Toxaway, NC 28747

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,232
SqFt
$365
/SqFt
1981
Built
Subdivision:
Toxaway Falls Condominium One
County:
Transylvania

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828-273-3349
221 Toxaway Falls Drive 1221 Toxaway Falls Drive 1221 Toxaway Falls Drive 1221 Toxaway Falls Drive 1
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There is something special about 221 Toxaway Falls Drive, Unit 1—a place where your day is the steady, meditative roar of the iconic 350-foot Toxaway Falls. This isn’t just a condo; it’s a front-row seat to one of the most breathtaking natural views in the Blue Ridge Mountains, with the lush, protected wilderness of Gorges State Park as your permanent neighbor across the gorge. Inside, the living area centers around a cozy stone fireplace, recently upgraded with a dedicated gas line—meaning effortless fires and deck-side grilling without the hassle of propane tanks. The kitchen remains in its classic, functional state with quality appliances, while the primary bathroom and bedrooms have been lightly refreshed to offer a clean, inviting feel. Designed for maximum ease and low-maintenance living, this unit seamlessly blends comfort with accessibility. While there is only one short flight of stairs to the front door, a newly installed chairlift makes transitions effortless—whether you're transporting heavy luggage, carrying in groceries, or hosting guests with limited mobility. Just a short stroll away, residents and guests can relax at the community’s heated pool, a rare and delightful mountain luxury on warm summer afternoons. For nearby residents of the Mountain Falls Luxury Motorcoach Resort, this property serves as the ultimate "guest annex." It offers your visiting friends and family their own private sanctuary with world-class waterfall views, all while keeping them right around the corner. Beyond its undeniable charm as a personal mountain retreat, this fully furnished unit is a proven performer for the savvy buyer. Currently operating as a highly successful short-term rental, it offers a true turnkey opportunity to generate immediate, lucrative income from day one. Whether you are seeking a low-maintenance mountain escape, a sophisticated guest house, or a high-demand investment property with an irreplaceable "waterfall in your backyard" appeal, Unit 1 delivers on every front. Step into your turnkey sanctuary today!

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Listing Snapshot
Price 
$450,000
Days On Site 
9 Days
Bedrooms 
2
Inside Area (SqFt) 
1,232 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1981
MLS® Number 
4421663
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$552.45 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Levels 
One
Parking 
DrivewayParking Lot
Pets 
Yes
Property Sub Type 
Condominium
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Septic Tank
SqFt Above 
1232
SqFt Total 
1232
Utilities 
Cable AvailableElectricity ConnectedPropaneUnderground Utilities
Zoning 
None
Interior Features
Appliances 
DishwasherElectric OvenElectric RangeElectric Water HeaterMicrowaveWasher/Dryer
Basement 
Crawl Space
Cooling 
Central AirElectricHeat Pump
Fireplace 
Yes
Fireplace Features 
GasGas LogGreat RoomPropane
Flooring 
CarpetVinyl
Heating 
CentralElectricForced AirHeat Pump
Interior 
Entrance FoyerOpen FloorplanWalk-In Closet(s)
Laundry Features 
In KitchenMain Level
Window Features 
Window Coverings
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Exterior Features
Lot Features 
Rolling SlopePrivateWoodedViewsWaterfall
Patio And Porch 
CoveredDeck
Pool Features 
HeatedIn Ground
Private Pool 
Yes
Roof 
Shingle
View 
Mountain(s)Water
Waterfront Features 
Lake Toxaway
Waterview 
Mountain(s)Water
Windows/Doors 
Window Coverings
Community Features
Association Fee 
$1196.0
Association Fee Frequency 
Annually
Additional Association Fee 
$5433.44
Additional Association Fee Frequency 
Annually
Roads 
GravelPaved
Schools
School District
Unknown
Elementary School
T.C. Henderson
Middle School
Rosman
High School
Rosman
Listing courtesy of Coldwell Banker Advantage mikebatchelder@cbawest.com


Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {last_incremented_at}. 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. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. ©2026 Canopy MLS.

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Last checked - 2026-09-14 02:14 AM UTC

Neighborhood & Commute
Source: Walkscore
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