221 Toxaway Falls Drive #1
$475,000
Lake Toxaway, NC, 28747
condo
2
2
Lot Size: 0 Acres
ABOUT
Property Information
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.
SPECIFICS
Property Details
Price:
$475,000
MLS #:
CAR4357279
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Toxaway Falls Condominium One
Listed Date:
Apr 2, 2026
Finished Sq Ft:
1,232
Year Built:
1981
AMENITIES
Interior
Above Grade Finished Area
1232
Appliances
Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Bathrooms
2 Full Bathrooms
Cooling
Central Air, Electric, Heat Pump
Flooring
Carpet, Vinyl
Heating
Central, Electric, Forced Air, Heat Pump
Interior Features
Entrance Foyer, Open Floorplan, Walk-In Closet(s)
Laundry Features
In Kitchen, Main Level
Levels
One
AMENITIES
Exterior
Accessibility Features
Two or More Access Exits
Architectural Style
Rustic
Community Features
Lake Access, Outdoor Pool
Construction Materials
Wood
Lot Features
Adjoins Forest, Hilly, Private, Wooded, Views, Waterfall
Parking Features
Driveway, Parking Lot, Parking Space(s)
Patio And Porch Features
Covered, Deck
Roof
Architectural Shingle
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
View
Mountain(s), Water, Year Round
Window Features
Insulated Window(s), Window Treatments
NEIGHBORHOOD
Schools
Elementary School:
T.C. Henderson
Middle School:
Rosman
High School:
Rosman
FINANCIAL
Financial
HOA Fee
$1,196
HOA Fee 2
$5,433
HOA Fee 2 Frequency
Annually
HOA Fee Frequency
Annually
HOA Name
Toxaway Falls POA
HOA Name 2
Toxaway Falls Condo Assoc One
HOA Phone
210-683-7372
HOA Phone 2
561-289-5627
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221 Toxaway Falls Drive #1
Lake Toxaway, NC






