221 Toxaway Falls Drive, Lake Toxaway NC
- 2 Bed
- 2 Bath
- 1232 ft2
For Sale $450,000
Remarks:
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!
Interior Features:
Entrance Foyer, Open Floorplan, Walk-In Closet(s)
General Information:
| List Price: | $450,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Condominium |
| Approx Sq. Ft.: | 1232 sqft |
| Parking: | Driveway, Parking Lot, Parking Space(s) |
| MLS Number: | CAR4421663 |
| Subdivision: | Toxaway Falls Condominium One |
| Style: | Rustic |
| Bathrooms: | 2 |
| Lot Description: | Adjoins Forest, Hilly, Private, Wooded, Views, Waterfall |
| Year Built: | 1981 |
| Sewer Type: | Septic Installed |
Assigned Schools:
| Elementary: | T.C. Henderson |
| Middle: | Rosman |
| High: | Rosman |
Lane Yates
704-232-7238
Broker In Charge
Price & Sales History
| Date | Event | Price | $/SQFT |
| 09-04-2026 | Listed | $450,000 | $366 |
| 12-16-2025 | Price Decrease | $1,124,900-4.26% | $914 |
| 12-11-2025 | Price Decrease | $1,174,999-0.42% | $954 |
| 11-23-2025 | Listed | $1,179,999 | $958 |
Nearby Schools
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| T C Henderson Elementary | 2 miles | KG-05 | 9 |
| Rosman Elementary | 6 miles | KG-05 | 8 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Properties For Sale Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 221 Toxaway Falls Drive, Lake Toxaway NC | 0 mi | $450,000 | days | |
| 30 Lower Tanglewood Road, Lake Toxaway NC | 0.1 mi | $665,000 | days | |
| 78 Upper Tanglewood Road, Lake Toxaway NC | 0.2 mi | $389,000 | days | |
| 300 Falls View Drive, Lake Toxaway NC | 0.3 mi | $995,000 | days | |
| 61 Boulder Drive, Lake Toxaway NC | 0.4 mi | $375,000 | days | |
| 30 Boulder Drive, Lake Toxaway NC | 0.5 mi | $355,000 | days |
Sold Properties Nearby
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
Commute Distance & Time
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| Total Monthly Payment | $20,941 |
Demographic Data For Zip 28747
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Transportation to Work |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Property Listing Information
A Courtesy Listing Provided By Coldwell Banker Advantage
221 Toxaway Falls Drive, Lake Toxaway NC is a 1232 ft2 . This is for $450,000. This has 2 bedrooms, 2 baths, and was built in 1981.
Based on information submitted to the MLS GRID as of 2026-09-04 13:10:39 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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Neither Yates Realty nor any listing broker shall be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.
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