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

$495,000
  • 221 Toxaway Falls Drive, Unit 1, Lake Toxaway, NC 28747 Main Photo

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Active
BEDS2 BATHS2 full SQUARE FEET1,232 MLS#4357279
STATUSActive PROPERTY TYPEResidential - Condominium SUBDIVISIONToxaway Falls Condominium One

Property Description

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.

221 Toxaway Falls Drive, Unit 1 | MLS# 4357279

This condo located at 221 Toxaway Falls Drive, Unit 1, Lake Toxaway, NC 28747 is currently listed for sale with an asking price of $495,000. This property was built in 1981 and has 2 bedrooms and 2 full baths with 1232 sq. ft. Toxaway Falls Drive, Unit 1 is located in the Toxaway Falls Condominium One subdivision. Search Toxaway Falls Condominium One real estate on robinl.lakenormanrealty.com today.

Property Features

Property Type: Residential - Condominium
Heating: Central, Electric, Forced Air, Heat Pump
Home Style: Rustic
Roof Type: Architectural Shingle
Year Built: 1981

Amenities

Entrance Foyer
Open Floorplan
Walk-In Closet(s)

Feature Descriptions

Accessibility Features: Two or More Access Exits
Appliances: Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Body of Water: Lake Toxaway
Community Features: Lake Access, Outdoor Pool
Days on Site: 17
Exterior: Wood
Fireplace: Gas Log, Gas Vented, Great Room, Propane
Flooring: Carpet, Vinyl
Foundation: Crawl Space
HOA Fee: $1196/ Annually
Laundry: In Kitchen, Main Level
Lot: Adjoins Forest, Hilly, Private, Wooded, Views, Waterfall
Other Parking: Parking lot with at least two parking spaces per unit.
Parcel#: 8522-52-3554-401
Parking: Driveway, Parking Lot, Parking Space(s)
Patio/Porch: Covered, Deck
Pets Allowed: Yes
Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer: Septic Installed
Special View Info: Mountain(s), Water, Year Round
Swimming Pool: In Ground, Outdoor Pool
Swimming Pool: Yes
Utilities: Cable Available, Electricity Connected, Fiber Optics, Propane, Underground Power Lines, Underground Utilities, Wired Internet Available
Water: Community Well
Window Features: Insulated Window(s), Window Treatments

Local Schools

High School: Rosman
Middle School: Rosman
Elementary School: T.C. Henderson

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Advantage
Agency Contact: mikebatchelder@cbawest.com

Shown By

Agent Name: Robin Lusk
Agent Phone: (704) 996-2885
Agency Title: Lake Norman Realty

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Estimated Payment

$ 2,778.97 per month $2,634.60 Principal & Interest $0.00 Property Tax (data not provided by mls) $144.38 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:00:00 AM EST) or Canopy MLS (last updated Thu 04/16/2026 11:57:37 PM EST) or Triad MLS (last updated Thu 04/16/2026 11:40:14 PM EST). Real estate listings held by brokerage firms other than Lake Norman Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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