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Toxaway Falls Condominium One Apt 1 For Sale

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

$
$495,000
ruler icon1,232 SqFt.
bedroom icon2 Bedrooms
bathroom icon2 Baths
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Property Description

LISTING PRICE
$495,000
LISTING DATE
4/2/2026
BED/BATH
2/2
CONDO FEES
$1,196 Annually
INTERIOR SPACE
1,232 SqFt
LISTING PRICE PER SQFT
$402
TAXES
N/A
REFERENCE
4357279
CONDO
Toxaway Falls Condominium One
DISTRICT
No District

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.

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Mark Zilbert
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Listed by Coldwell Banker Advantage

The MLS data provided for the property above (MLS#4357279) is provided courtesy of Zilbert.com. Source: CanopyMLS. Data updated 5/1/2026. Mark Zilbert is a member of the Zilbert Network and is licensed with Zilbert as a cooperating broker or cooperating agent and may not be the listing agent for this property. Information is deemed reliable but not guaranteed. The listing data on this page comes from the Canopy Realtor Association. All rights reserved. The information being provided is for consumer personal, non-commercial use. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

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