221 Toxaway Falls Drive
Lake Toxaway, NC 28747
Est. $2,686/mo — See my rate
$365/Sq Ft
2 bd · 2 ba · 1,232 sqft · $365/sqft
Waterfront
HOA & Association
About This Home
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!
Property history
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Sep 4, 2026Listed for sale $450,000 Active4 days on market
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Jul 19, 2026Status changed to Off Market $474,500 Off MarketActive -> Off Market
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Jun 24, 2026Status changed to Off Market $495,000 Off MarketActive -> Off Market
Show 10 more Show less
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Jun 22, 2026Price reduced $474,500 ActiveWas $475,000
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May 9, 2026Price reduced $475,000 ActiveWas $495,000
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Apr 2, 2026Listed for sale $495,000 Active159 days on market
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Apr 2, 2026Previously listed $474,500 Off Market
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Feb 23, 2026Status changed to Off Market $495,000 Off MarketActive -> Off Market
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Oct 10, 2025Back on market $495,000 ActiveOff Market -> Active
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Aug 13, 2025Price reduced $495,000 Off MarketWas $545,000
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Apr 14, 2025Previously listed $495,000 Off Market
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Dec 7, 2015Sold $132,500 ClosedListed $189,000 · Apr 10, 2015 241 days on market
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Apr 10, 2015Previously listed $189,000 Closed
Property Details
Interior Details
- Heating
- Central
- Electric
- Forced Air
- Heat Pump
- Flooring
- Carpet
- Vinyl
- Room Count
- 8
- Entry Level
- 1
- Door Features
- Insulated Door(s)
- Sliding Doors
- Entry Location
- Main
- Half Bathrooms
- 0
- Total Bathrooms
- 2
- Window Features
- Insulated Window(s)
- Window Treatments
- Laundry Features
- In Kitchen
- Main Level
- Main Level Sq Ft
- 1232
- Interior Features
- Entrance Foyer
- Open Floorplan
- Walk-In Closet(s)
- Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
- Fireplace Features
- Gas Log
- Gas Vented
- Great Room
- Propane
- Main Level Bedrooms
- 2
- Main Level Full Baths
- 2
- Main Level Half Baths
- 0
Dwelling And Structure
- Construction Type
- Site Built
- Accessibility Features
- Two or More Access Exits
Square Footage And Levels
- Levels
- One
- Above Grade Finished Area
- 1232
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
- Land Included
- Yes
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
- Hoa Dues
- Mandatory
- City Taxes Paid To
- No City Taxes Paid
Zoning And Restrictions
- Restrictions
- Short Term Rental Allowed
- Subdivision
- Subject To Ccrs
- Yes
Pool And Spa
- Private Pool
- true
- Pool Features
- Heated
- In Ground
Listed by Mike Batchelder (954-326-7036) · Coldwell Banker Advantage (828-233-3100)
Location
- Address
- 221 Toxaway Falls Drive
- City
- Lake Toxaway, NC 28747
- Community
- Toxaway Falls Condominium One
Schools
- Elementary
- T.C. Henderson
- Middle
- Rosman
- High
- Rosman
School assignments may change. Contact the school district to confirm.
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