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221 Toxaway Falls Drive #1, 
Lake Toxaway, NC 28747

$450,000


2

Beds


2

Baths


1,232

Sq Ft


Condo

Active

Last updated:

October 5, 2026, 01:19 PM

MLS#

4421663

Source:

CH

Company Logo

About This Home

221 Toxaway Falls Drive #1

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!

Home Facts

Condo

2 Baths

2 Bedrooms

Built in 1981

Subdivision & Development:

Toxaway Falls Condominium One

Price Summary

450,000

$365 per Sq. Ft.

MLS #:

4421663

Last Updated:

October 5, 2026, 01:19 PM


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

2

Full Bathrooms:

2

Interior

Living Area:

1,232 Sq. Ft.


Structure

Structure

Building Area:

1,232 Sq. Ft.

Year Built:

1981


Finances & Disclosures

Finances

Price:

$450,000

Price per Sq. Ft:

$365 per Sq. Ft.

MLS Logo
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.