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Lake Toxaway Lakefront Property

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221 Toxaway Falls Drive
Lake Toxaway, NC 28747

Property

$495,000

Coming Soon - not showing yet!

DIRECT lakefront

Single Family: Rustic
2 bedrooms, 2 full baths, 0 half baths

Transylvania
(Toxaway Falls Condominium One)
Fireplaces:

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.

Property Information

Total Living Area: 1232 sq. ft.
Garage/Parking: Driveway, Parking Lot, Parking Space(s)
Approx. Acres:
Living Area - Main Level: 1232 sq. ft.
Living Area - 2nd Floor: 0 sq. ft.
Living Area - Lower: 0 sq. ft.

Room Details

Primary Bedroom:Main level
Dining Area:Main level
Great Room:Main level
Kitchen:Main level
Laundry:Main level

Features

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Other Property Information

Year Built: 1981

Tax Information

Taxes:
Parcel #: 8522-52-3554-401

Listed by Mike Batchelder of Coldwell Banker Advantage

CMLS # CAR4357279

© MLS GRID. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable but not guaranteed accurate by MLS GRID. Use of MLS GRID data may be subject to an end user license agreement prescribed by Canopy MLS, if any, and as amended from time to time. All data is obtained from various sources and may not have been verified by 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.

Canopy MLS data last updated on Tuesday, March 31, 2026 at 6:27 AM

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