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Active
$450,000 Est. $3,200/mo — Get pre-qualified
2beds 2baths 1,232sq ft

221 Toxaway Falls Drive # 1 · Lake Toxaway, NC 28747

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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!

Features & Amenities

Living Area1,232 Sq.Ft.
Bedrooms2
Baths2
HeatingCentral, Electric, Forced Air, Heat Pump
CoolingCentral Air, Electric, Heat Pump
FlooringCarpet, Vinyl
FireplaceGas Log,Gas Vented,Great Room,Propane
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Interior FeaturesEntrance Foyer, Open Floorplan, Walk-In Closet(s)
LaundryIn Kitchen, Main Level
Year Built1981
ConstructionWood
RoofArchitectural Shingle
FoundationCrawl Space
ParkingDriveway, Parking Lot, Parking Space(s)
StatusActive
Lot FeaturesAdjoins Forest, Hilly, Private, Wooded, Views, Waterfall
SubdivisionToxaway Falls Condominium One
CountyTRANSYLVANIA
Property TypeResidential
Property SubTypeCondominium
Last UpdatedOct 9, 2026
UtilitiesCable Available, Electricity Connected, Fiber Optics, Propane, Underground Power Lines, Underground Utilities, Wired Internet Available
SewerSeptic Installed
Water SourceCommunity Well
HOAYes — $1,196 / year
HOA ManagementToxaway Falls POA
Community FeaturesLake Access, Outdoor Pool
ElementaryT.C. Henderson Elementary School
MiddleRosman Middle School
HighRosman High School
Presented By: Coldwell Banker Advantage; lisa@cbawest.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Monthly Cost Estimate

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