221 Toxaway Falls Drive 1, Lake Toxaway, NC 28747
- 2 beds |
- 2 baths |
- 1,232 sqft
Condominium 
Built in 1981 
—— sqft lot 
—— car garage 
$386/sqft 
Listed 1 month ago
Property Description
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 bathrooms have 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.
- Listing Status:
- Active
- Data Last Updated:
- May 10, 2026 at 7:18PM
- Listing Office:
- Coldwell Banker Advantage : 828-233-3100
- MLS ID:
- 4357279
- Style: Rustic
- Other Structures: DeckCovered
- Parking: DrivewayParking LotParking Space(s)
- Roofing: Architectural Shingle
- Windows: Insulated Window(s)Window Treatments
- General: Site BuiltCrawl Space
- Road/Access: GravelPaved
- HOA Amenities: 1196.0Annually
- Originating MLS: carolina
- County: Transylvania
- Zoning: 8522-52-3554-401
- View: Mountain(s)WaterYear Round
- Utilities: Cable AvailableElectricity ConnectedFiber OpticsPropaneUnderground Power LinesUnderground UtilitiesWired Internet Available
- Water: Community Well
- Sewer: Septic Installed
- Source: carolina
This listing courtesy of Coldwell Banker Advantage
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
