View roadside. Not near anything!
From the junction of US 25/70 and NC 208 northeast of Hot Springs, head north on NC 208 for 3.45 miles and turn right on NC 212. Drive 12.55 miles and turn right on the unpaved Sugar Loaf Mountain Road. A sign here calls this a private road, but it appears to be open to the public for providing access to FR 275. The road forks at 0.3 mile. Go right. At 0.75 mile, you’ll reach the falls, on the left.
The waterfall is on private property but you can see it easily from the road.