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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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221 Toxaway Falls Dr Unit 1 , Lake Toxaway, NC 28747
$450,000
Est. Payment: $1,000.00/mo
2 Bed
2 Bath
1232 Sqft
Status: Active | Days on site: 1
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NCM11291 - R60580,R51325
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House Description

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!

Highlights

Listed by Mike Batchelder , 954-326-7036 and Jeff Ramm , 954-326-7036 Coldwell Banker Advantage , 828-233-3100.

Property Type

Condo/Townhome

HOA Fee

1196 Annually

Year Built

1981

County

Transylvania

Neighborhood

Toxaway Falls Condominium One

Listing ID

4421663

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:2
  • Bathrooms:2
  • Full Bathrooms:2
Appliances:Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Exhaust Hood, Microwave, Refrigerator with Ice Maker, Washer/Dryer
Air Cond:Central Air,Electric,Heat Pump
Fireplaces:Gas Log,Gas Vented,Great Room,Propane
Floor:Carpet,Vinyl
Above Ground Sq Ft:1232
Below Ground Sq Ft:0
Other:
  • Additional:Entrance Foyer, Open Floorplan, Walk-In Closet(s), Has Fireplace, Master on Main
Water:Community Well

Exterior Features

Lot:Adjoins Forest,Hilly,Private,Wooded,Views,Waterfall
Roof:Architectural Shingle
Sewer:Septic Installed
Parking Features:Driveway,Parking Lot,Parking Space(s)
Principal Interest
$1,000
Taxes
$287
HOA
$1,196

Home Price

$450,000

Loan Details

30 yrs
%

Down Payment

20%
$90,000
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Monthly Price:
$1,000.00

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $1,000.00 $286.88 $1,196.00 $2,482.88
Yearly $12,000.00 $3,442.50 $14,352.00 $29,794.50
Total $360,000.00 $103,275.00 $430,560.00 $893,835.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Lake Toxaway, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.