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221 Toxaway Falls Drive #1

Lake Toxaway, NC 28747
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Bed 2

Bed

Bath 2

Bath

SqFt1,232

Sqft

SPECIAL BUYER INCENTIVE: The seller is offering a $10,000 concession! Use this generous credit to buy down your interest rate, cover closing costs, or add your own personal touches to the home. 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 lightly redone to offer a fresh, modern feel. The living area, centered around a cozy stone fireplace, has been up dated with a dedicated gas line—meaning no propane tanks to fill for your fires or your deck-side grilling. Efficiency and ease are built right 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. With a $10,000 seller concession on the table, this rare mountain retreat won't last long. Step into your turnkey sanctuary today!

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Detail Ic Property Details

Property Type : Residential

Price : $474,500

AD Id : 76645184

MLS Id : CAR4357279

Beds : 2

Living Area Size : 1,232

Year Built : 1981

County : Transylvania

Subdivision: Tampa Palms West

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Feature Features

  • Bedroom Information

    Total Bedroom: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Interior Features

    Entrance Foyer, Open Floorplan, Walk-In Closet(s) Roof: Architectural Shingle Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Washer/Dryer Laundry Features: In Kitchen, Main Level

    Roofing Information

    Architectural Shingle
  • Flooring Information

    Flooring: Carpet, Vinyl Construction Materials: Wood
  • Heating & Cooling

    Heating: Central, Electric, Forced Air, Heat Pump Cooling: Central Air, Electric, Heat Pump WaterSource: Community Well

  • Building Information

    Year Built: 1981
  • Pool Features

    Private Pool: 1 In Ground, Outdoor Pool

  • Lot Information

    Lot Description: Adjoins Forest, Hilly, Private, Wooded, Views, Waterfall

    Property Information

    Property Type: Residential Sub Type: Condominium Style: Rustic

  • Listing Price Information

    Original List Price:$495000

  • Tax Information

    Tax Assessed Value: 483320 Parcel Number: 8522-52-3554-401

  • Parking Information

    Open Parking: Parking lot with at least two parking spaces per unit. Driveway, Parking Lot, Parking Space(s)

    Homeowners Association Information

    HOA: $1,196.00 Annually

  • School Information

    Elementary School: T.C. Henderson Junior High School: Rosman Senior High School: Rosman
  • Utility Information

    Cable Available, Electricity Connected, Fiber Optics, Propane, Underground Power Lines, Underground Utilities, Wired Internet Available Sewer: Septic Installed Water Source: Community Well
  • Location Information

    Subdivision: Toxaway Falls Condominium One City: Lake Toxaway Direction: US 64 in Lake Toxaway to Toxaway Falls Village entrance at Los Vaqueros restaurant. Bear right to the end of the parking lot; then onto Toxaway Falls Drive. Cross bridge and bear left to arrive in the parking lot for this building. Unit 1 is on the left on the lower level.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
30 Lower Tanglewood Roa.., Lake Toxaway, NC, 28747 $665,000 3 2 1,409 1,409 SqFt
78 Upper Tanglewood Roa.., Lake Toxaway, NC, 28747 $399,000 1 2 923 923 SqFt
68 Toxaway Point #C1, Lake Toxaway, NC, 28747 $915,000 2 2 1,050 1,050 SqFt
121 Toxaway Views Drive.., Lake Toxaway, NC, 28747 $350,000 2 2 1,138 1,138 SqFt
65 Speed Way #4A, Lake Toxaway, NC, 28747 $379,000 -- 1 1,200 1,200 SqFt
24 E Toxaway Shores Roa.., Lake Toxaway, NC, 28747 $1,047,500 2 2 1,727 1,727 SqFt
55 Toxaway Shores None .., Lake Toxaway, NC, 28747 $1,195,000 2 3 1,704 1,704 SqFt
64 Toxaway Shores Drive.., Lake Toxaway, NC, 28747 $1,495,000 2 3 1,641 1,641 SqFt
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ByOwner last updated this listing 06/28/2026 @ 06:20

MLS: CAROLINA #4357279 LISTED BY: Mike Batchelder, Coldwell Banker Advantage 828-233-3100 SOURCE: CAROLINA (Canopy MLS) (Listings courtesy of CAROLINA (Canopy MLS) as distributed by MLS GRID)

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