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Lake Toxaway Lakefront Property

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221 Toxaway Falls Drive
Lake Toxaway, NC 28747

Property

$450,000

Off-the-water

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

Transylvania
(Toxaway Falls Condominium One)
Fireplaces:

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!

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 # CAR4421663

© 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 Friday, May 29, 2026 at 12:18 PM

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