Today became that better day. With crystal clear, sunny skies, I didn't expect to get any great photos of the possible waterfall but I figured I could determine for sure whether it existed or not. With dog in tow, I drove up the road to a spot above the falls and began a short, but fairly steep climb down towards the creek. As I got close, I noticed not one, but two waterfalls side by side.
The lefthand segment has the higher volume of the two and drops around 55' in two tiers. The right hand segment is smaller in volume, but drops a sheer 80' in a plunging drop. On the day I first scouted the creek, the volume of water was easily three times as much as today so this waterfall could potentially be much more impressive under the right conditions. I'll head back up in the near future with higher water levels and better photography conditions to really do this one justice. Until then, enjoy the video of the falls below: