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Condo for sale at 221 Toxaway Fls Dr #1, Lake Toxaway, NC 28747 | MLS# 4421663 | Listing updated on 2026-10-17
Photo 1 of Condo for sale at 221 Toxaway Fls Dr #1, Lake Toxaway, NC 28747 | MLS# 4421663 | Listing updated on 2026-10-17
Photo 2 of Condo for sale at 221 Toxaway Fls Dr #1, Lake Toxaway, NC 28747 | MLS# 4421663 | Listing updated on 2026-10-17
Photo 3 of Condo for sale at 221 Toxaway Fls Dr #1, Lake Toxaway, NC 28747 | MLS# 4421663 | Listing updated on 2026-10-17
Photo 4 of Condo for sale at 221 Toxaway Fls Dr #1, Lake Toxaway, NC 28747 | MLS# 4421663 | Listing updated on 2026-10-17
43+
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Street View

$450,000

Monthly Est:$2,240

  • Beds Icon2 Beds
  • Beds Icon
    2 Baths
  • Beds Icon1,232sqft

221 Toxaway Fls Dr #1, Lake Toxaway, NC 28747

$2,240/moEst:

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  • Condominium

  • Built in 1981

  • $552.42/mo HOA

  • -- sqft lot

  • $365/sq.ft

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!

  • Houzeo last checked: 2 hours ago
  • Listing updated: October 17, 2026 at 12:55 pm
  • Listing Provided by: Mike Batchelder (954) 326-7036 , Jeff Ramm | Coldwell Banker Advantage (828) 233-3100
  • Source: Canopy MLS | MLS#: 4421663 Canopy MLS

Property Details

  • Status

    Active

  • Type

    Condominium

  • No. of Stories

    -

  • County

    Transylvania County

  • City

    Lake Toxaway

  • Neighborhood

    --

  • Year Built

    1981

  • HOA Fees

    $552.42/mo

  • Finished Area

    1,232 sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Canopy MLS

  • MLS Number

    4421663

  • MLS Status

    Active

  • Days on Market

    47

  • Cumulative Days on Market

    43

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Location

HOA Management

Toxaway Falls POA

HOA Fees

$1,196/ Annually

Toxaway Falls Condo Assoc One

HOA Fees

$5,433.44/ Annually

Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 2

    Bathrooms: 2

Interior

  • Sewer

    Septic Installed

  • Cooling

    Central Air, Electric, Heat Pump

  • Flooring

    Carpet, Vinyl

  • Heating

    Central, Electric, Forced Air, Heat Pump

  • Interior Features

    Entrance Foyer, Open Floorplan, Walk In Closet(s)

  • Appliances

    Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator With Ice Maker, Washer/dryer

  • Window Features

    Insulated Window(s), Window Treatments

Construction

  • Year Built

    Year Built: 1981

  • Home type

    Condominium

  • Foundation Details

    Crawl Space

  • Roof

    Architectural Shingle

  • Construction Materials

    Wood

Utilities & Energy

  • Water Source

    Community Well

  • Laundry Features

    In Kitchen, Main Level

  • Fireplace Features

    Gas Log, Gas Vented, Great Room, Propane

  • Security Features

    Carbon Monoxide Detector(s), Smoke Detector(s)

  • Parking Features

    Driveway, Parking Lot, Parking Space(s)

  • Utilities

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

  • Pool Features

    Heated, In Ground

Other Features

  • Community Features

    Lake Access, Outdoor Pool

  • Subdivision Name

    Toxaway Falls Condominium One

  • Patio And Porch Features

    Covered, Deck

  • Lot Features

    Adjoins Forest, Hilly, Private, Wooded, Views, Waterfall

Price History

DateEventPrice

09/04/2026

Source: mls_logoCanopy MLS #CAR4421663

Listed for Sale

$450,000 -5.16%

$365/sqft

07/19/2026

Source: mls_logoCanopy MLS #CAR4357279

Listing Removed

$474,500

$385/sqft

06/22/2026

Source: mls_logoCanopy MLS #CAR4357279

Price Decreased

$474,500 -0.11%

$385/sqft

05/09/2026

Source: mls_logoCanopy MLS #CAR4357279

Price Decreased

$475,000 -4.04%

$386/sqft

04/02/2026

Source: mls_logoCanopy MLS #CAR4357279

Listed for Sale

$495,000

$402/sqft

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Nearby Homes

Based on information submitted to the MLS GRID from Canopy MLS through Oct 21, 2026, 04:15AM. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2026 Canopy MLS. All Rights Reserved.

Advertising Broker: Nicholas Huscroft | Chosen Realty