221 Toxaway Falls Drive Apt 1, Lake Toxaway, NC. property listing photo
221 Toxaway Falls Drive Apt 1, Lake Toxaway, NC. property listing photo 1
1 / 48
Active

$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

Property TypeResidential
Year Built1981
Carnarri Cofield

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!

This listing shows the Down Payment Resource indicator in Canopy MLS. Explore programs through the link above. Eligibility is not guaranteed. Browse all homes with down payment assistance.

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

MLS GRID

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.

Carnarri Cofield

$474,500

221 Toxaway Falls Drive Apt 1

2 bed, 2 bath