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About This Home

This 2-bedroom, 2-bathroom condo at 221 Toxaway Falls Drive in Lake Toxaway, NC is listed for $475,000. Built in 1981, on a 0.00 acres lot.

Agent 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.

Key Features

  • Built in 1981
  • 0.00 acre lot
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
#1A
1981

Amenities

FireplaceWaterfrontViewA/C

Monthly Cost Estimate

$3,736/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139
HOA$1,196

Estimates only. Actual payments may vary.

Location

221 Toxaway Falls Drive

Lake Toxaway, NC 28747

Toxaway Falls

Features & Amenities

Interior Features

EntranceFoyerOpenFloorplanRecessedLightingWalkInClosets

Exterior Features

GasGrillLightingStorage

Property Details

Flooring

CarpetVinyl

Construction

WoodSiding

Views

Mountains

Pool Features

Deck

Parking

Parking Lot

Heating

Heat Pump (Heating)CentralElectric (Heating)

Cooling

Heat PumpElectricCentral Air

Appliances

WasherDryerStackedDishwasherExhaustFanElectricOvenElectricRangeElectricWaterHeaterIceMakerMicrowaveRefrigeratorRangeHood

Questions & Answers

This 2-bedroom, 2-bathroom condo at 221 Toxaway Falls Drive is listed at $475,000. The estimated monthly payment is $3,254 based on 20% down at 6.5% interest.

HOA fees are $1196/month.

Key features include: Built in 1981, 0.00 acre lot, Fireplace, Waterfront. Interior Features: EntranceFoyer, OpenFloorplan, RecessedLighting. Exterior Features: GasGrill, Lighting, Storage.

This property is listed by Mike Batchelder and can be reached at 9543267036 or mbatch1970@gmail.com.

MB

Mike Batchelder

Agent at Coldwell Banker Advantage

(954) 326-7036

Listed by Coldwell Banker Advantage · View on Broker Site

MLS# 1002806· Source: listhub· Updated 60 days ago

Copyright © 2026 Highlands Cashiers Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

221 Toxaway Falls Drive, Lake Toxaway, NC 28747

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