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$495,000
5 Days On Site

221 Toxaway Falls Drive 1
Lake Toxaway, NC 28747

For Sale|Condominium|Active
2
Beds
2
Total Baths
2
Full Baths
1,232
SqFt
$402
/SqFt
1981
Built
Subdivision:
Toxaway Falls Condominium One
County:
Transylvania
Call Now: (828) 944-4429
Is this the listing for you? We can help make it yours.
(828) 944-4429
221 Toxaway Falls Drive 1221 Toxaway Falls Drive 1221 Toxaway Falls Drive 1221 Toxaway Falls Drive 1
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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.

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Listing Snapshot
Price 
$495,000
Days On Site 
5 Days
Bedrooms 
2
Inside Area (SqFt) 
1,232 sqft
Total Baths 
2
Full Baths 
2
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1981
MLS® Number 
4357279
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
$99.67 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoStatus changed to Active
3 days agoListing updated with changes from the MLS®
6 days agoListing first seen on site
General Features
Levels 
One
Parking 
DrivewayParking Lot
Pets 
Yes
Property Sub Type 
Condominium
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Septic Tank
SqFt Above 
1232
SqFt Total 
1232
Style 
Rustic
Utilities 
Cable AvailableElectricity ConnectedPropaneUnderground Utilities
Zoning 
None
Interior Features
Appliances 
DishwasherElectric OvenElectric RangeElectric Water HeaterMicrowaveWasher/Dryer
Basement 
Crawl Space
Cooling 
Central AirElectricHeat Pump
Fireplace 
Yes
Fireplace Features 
GasGas LogGreat RoomPropane
Flooring 
CarpetVinyl
Heating 
CentralElectricForced AirHeat Pump
Interior 
Entrance FoyerOpen FloorplanWalk-In Closet(s)
Laundry Features 
In KitchenMain Level
Window Features 
Window Coverings
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Exterior Features
Lot Features 
Rolling SlopePrivateWoodedViewsWaterfall
Patio And Porch 
CoveredDeck
Pool Features 
In GroundOutdoor Pool
Private Pool 
Yes
Roof 
Shingle
View 
Mountain(s)Water
Waterfront Features 
Lake Toxaway
Waterview 
Mountain(s)Water
Windows/Doors 
Window Coverings
Community Features
Association Dues 
1196
Financing Terms Available 
CashConventionalFHAUSDA LoanVA Loan
HOA Fee Frequency 
Annually
Roads 
GravelPaved
Schools
School District
Unknown
Elementary School
T.C. Henderson
Middle School
Rosman
High School
Rosman
Listing courtesy of Coldwell Banker Advantage [email protected](954) 326-7036


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Last checked - 2026-04-05 10:00 AM UTC

Neighborhood & Commute
Source: Walkscore
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