

$474,500
Est. Payment: $2,439/mo
Adjust down payment, rate & terms
221 Toxaway Falls Dr Apt 1, Lake Toxaway, NC 28747
Lake Toxaway, NC 28747
2
bedrooms
2
baths
1,232
sq.ft.
$385
price per sf

Presented By
Carnarri Cofield
REALTOR®
About This Property
SPECIAL BUYER INCENTIVE: The seller is offering a $10,000 concession! Use this generous credit to buy down your interest rate, cover closing costs, or add your own personal touches to the home. 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 lightly redone to offer a fresh, modern feel. The living area, centered around a cozy 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 right 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. With a $10,000 seller concession on the table, this rare mountain retreat won't last long. Step into your turnkey sanctuary today!
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About the Neighborhood
Looking for the perfect Residential in Lake Toxaway? The 28747 zip code offers a unique blend of local amenities, convenient transit, and community charm, making it a fantastic area to call home. Reach out to learn more about the local real estate market in this specific neighborhood.
Property Features
Property Description
- Beds Total: 2
- Full Baths: 2
- Half Baths: 0
- Year Built: 1981
- Living Area: 1,232 sqft
- New Construction: No
- MLS #: 4357279
Additional Home Features
- Subdivision: Toxaway Falls Condominium One
- Neighborhood: Toxaway Falls Condominium One
Association
- Association Fee: $1196
- Association Fee Frequency: Annually
- Association Name: Toxaway Falls POA
- Association Phone: 210-683-7372
- HOA Required: Yes
Utilities
- Cable Available
- Electricity Connected
- Fiber Optics
- Propane
- Underground Power Lines
- Underground Utilities
- Wired Internet Available
Interior Features
- Entrance Foyer
- Open Floorplan
- Walk-In Closet(s)
- Heating: Central, Electric, Forced Air, Heat Pump
- Cooling: Central Air, Electric, Heat Pump
- In Kitchen
- Main Level
Appliances
- Dishwasher
- Electric Oven
- Electric Range
- Electric Water Heater
- Exhaust Hood
- Microwave
- Refrigerator with Ice Maker
- Washer/Dryer
Construction Materials
- Wood
- Foundation: Crawl Space
- Roof: Architectural Shingle
Cooling
- Central Air
- Electric
- Heat Pump
Foundation Details
- Crawl Space
Heating
- Central
- Electric
- Forced Air
- Heat Pump
Laundry Features
- In Kitchen
- Main Level
Levels
- One
Parking Features
- Driveway
- Parking Lot
- Parking Space(s)
Exterior Features
- Patio/Porch: Covered, Deck
- Pool: In Ground, Outdoor Pool
Pets Allowed
- Yes
Road
- Road Responsibility: Private Maintained Road
- Road Surface Type: Gravel, Paved
Sewer
- Septic Installed
WaterSource
- Community Well
Community Features
- Lake Access
- Outdoor Pool
Architectural Style
- Rustic
View
- Mountain(s)
- Water
- Year Round
Security Features
- Carbon Monoxide Detector(s)
- Smoke Detector(s)
Flooring
- Carpet
- Vinyl
Window Features
- Insulated Window(s)
- Window Treatments
Fireplace
- Fireplace: Yes
- Gas Log
- Gas Vented
- Great Room
- Propane
Tax and Financial Info
- Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan
Location
LISTING COURTESY OF: COLDWELL BANKER ADVANTAGE
mikebatchelder@cbawest.com
$474,500
Est. Payment: $2,439/mo
Adjust down payment, rate & terms
Lake Toxaway, NC 28747
2
bedrooms
2
baths
1,232
sq.ft.
$385
price per sf

Presented By
Carnarri Cofield
REALTOR®
Listings courtesy of Canopy MLS as distributed by MLS GRID
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Citadel Cofield, its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Coldwell Banker Advantage
Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID. 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.

$474,500
221 Toxaway Falls Drive Apt 1
2 bed, 2 bath


