$450,000
 $2,416 est/mo Sourced by Back At You

221 Toxaway Falls Drive 1,Lake Toxaway, NC 28747

Lake Toxaway, NC 28747

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Description

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!

Details

MLS #4421663
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,196
Sub-TypeResale
StatusActive
Year1981
Days On Site47
Listing Provided ByColdwell Banker Advantage | Mike Batchelder

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet1,232
PoolYes
Story(s)1
Property ViewMountain(s), Water, Year Round

Interior

CoolingCentral Air, Electric, Heat Pump
HeatingCentral, Electric, Forced Air, Heat Pump
Interior FeaturesEntrance Foyer, Open Floorplan, Walk-In Closet(s)
Window FeaturesInsulated Window(s), Window Treatments
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Washer/Dryer

Exterior

RoofArchitectural Shingle
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Construction MaterialsWood
Foundation DetailsCrawl Space
Lot FeaturesAdjoins Forest, Hilly, Private, Wooded, Views, Waterfall

Parking

Garage Yes / NoNo
Parking FeaturesDriveway, Parking Lot, Parking Space(s)

Utilities

UtilitiesCable Available, Electricity Connected, Fiber Optics, Propane, Underground Power Lines, Underground Utilities, Wired Internet Available

Location

Community FeaturesLake Access, Outdoor Pool

Other

List AorHendersonville Board of Realtors

Taxes

Property483320

Area Information

StateNC
CountyTransylvania
CityLake Toxaway
Zip Code28747
AreaTransylvania
Community NameToxaway Falls Condominium One
School DistrictRosman
Elementary SchoolT.C. Henderson
High SchoolRosman
Listing VS Median (in Toxaway Falls Condominium One)
Price:
$450,000
low | high
Med:
$450,000
50% of Average
sqft:
1,232
low | high
Med:
1,232
50% of Average
$ / sqft:
$365
low | high
Med:
$365
50% of Average
On site:
47
low | high
Med:
47
100% of Average
Sourced by Back At You

Market Activity 28747

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 Listings courtesy of Canopy MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of October 21, 2026 at 10:15:47 PM PDT 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.

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Learn More About This Property

StateNC
CountyTransylvania
CityLake Toxaway
Zip Code28747
AreaTransylvania
Community NameToxaway Falls Condominium One
School DistrictRosman
Elementary SchoolT.C. Henderson
High SchoolRosman
Listing VS Median (in Toxaway Falls Condominium One)
Price:
$450,000
low | high
Med:
$450,000
50% of Average
sqft:
1,232
low | high
Med:
1,232
50% of Average
$ / sqft:
$365
low | high
Med:
$365
50% of Average
On site:
47
low | high
Med:
47
100% of Average
Sourced by Back At You
Listing Updated: October 17, 2026 at 8:09:03 AM PDT