1361 Peggy Lane
Tunnel Hill, GA 30755
- 1 bed
- 1 bath
- 676 sqft
- 6,969 sqft lot
- $4,807 per sqft
- 1980 build
- – on site
Business Opportunity! Purchase Choo Choo Property LLC and all 9 of it's short-term rentals. Listing 5 of 9 that's included in the 3.25M price. The other properties included are 1376 Peggy Ln (mls 1505199), 1370 Peggy Ln B (1505196), 1370 Peggy Ln A (1505191), 492 Nellie Head Rd(1505202), 1360 Peggy Ln ( 1505177), 1352 Peggy Ln (1505172), 1350 Peggy Ln (1505167), 1346 Peggy Ln (1505165) Charming Lake View Cabin - Fully Remodeled & Furnished Escape to this delightful 1-bedroom cabin, perfectly situated to enjoy serene water views without the waterfront price. Recently remodeled from top to bottom, this cozy retreat combines modern upgrades with timeless charm, creating a welcoming haven for relaxation or a memorable guest experience. The cabin is sold fully furnished, featuring stylish décor and all the essentials for an effortless, turn-key rental or vacation home. Large windows frame the water views, and the thoughtfully designed interior maximizes comfort and functionality. This cabin is part of a lucrative short-term rental investment package that includes 9 properties: 7 lakefront homes, this stunning water-view retreat, and a mountain cabin with breathtaking sunset vistas. The entire portfolio delivers an impressive 9.33% cap rate, making it an outstanding opportunity for investors looking to expand or start their short-term rental business. Whether you're drawn to the charm of this water-view cabin or the incredible potential of the investment package, this property is a must-see. Contact us today to learn more about this unique offering!
Listing courtesy of CHTMLS / Real Estate Partners Chattanooga LLC
Last checked:
Checking…
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Last updated Jan 15, 2025
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MLS# 1505188 —
The Building
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Year Built:1980
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New Construction:false
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Construction Materials:Wood Siding
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Levels:One
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Stories Total:None
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Roof:Metal
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Basement:false
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Foundation Details:Block
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Exterior Features:None
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Window Features:Insulated Windows
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Patio And Porch Features:Front Porch, Porch - Covered
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Building Area Total:676.0
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Above Grade Finished Area:676.0
Interior
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Interior Features:Separate Shower
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Furnished:None
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Flooring:Hardwood, Tile
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Fireplace:false
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Laundry Features:Laundry Closet
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Zoning Description:None
Room Dimensions
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Living Area:676.0
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Living Area Units:None
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Living Area Source:Tax Records
Location
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Directions:South on Hwy 41 thru Ringgold. Left onto GA-2 for 4.6 miles. Right on Lake Kathy Rd. Right on Peggy Ln
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Latitude:34.895397
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Longitude:-85.009242
The Property
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Parcel Number:11-221-02-076
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Updated/Remodeled
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Direction Faces:None
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Possible Use:None
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Lot Size Acres:0.16
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Lot Size Area:0.16
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Lot Size Dimensions:50 X 150
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Lot Size SqFt:6969.6
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Lot Size Units:Acres
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Lot Size Source:None
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Additional Parcels:false
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Zoning:None
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Topography:None
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View:Lake
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View:true
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Pool Private:No
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (423) 619-4788
- Office phone:
- (423) 362-8333
Taxes
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Tax Legal Description:L47 Lake Kathy Landlot: 221 Landdist: 11
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Tax Annual Amount:558.36
Beds
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Bedrooms Total:1
Baths
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Total Baths:1.0
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Total Baths:1
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Full Baths:1
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Three Quarter Baths:None
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Quarter Baths:None
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Partial Baths:None
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Electric
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Heating:true
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Cooling:Multi Units
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Cooling:true
Utilities
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Utilities:Electricity Connected, Water Connected
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Water Source:Public
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Sewer:Septic Tank
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Electric:None
Appliances
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Appliances:Water Heater, Washer, Refrigerator, Microwave, Electric Range, Dryer
Schools
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Elementary School:New Hope Elementary
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Elementary School District:None
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Middle Or Junior School:New Hope Middle
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Middle Or Junior School District:None
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High School:Northwest Whitfield High
The Community
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Subdivision Name:Lake Kathy
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Senior Community:false
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Community Features:Lake
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Association:false
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Association Fee 2:None
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Association Fee 2 Frequency:None
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Pets Allowed:None
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Features:Off Street
Monthly cost estimate
Asking price
$3,250,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$17,402
|
Taxes | $46 |
Insurance | $893 |
Utilities | $120 See report |
Total | $18,461/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
1/5/25
Jan 5, 2025
|
Price Changed | CHTMLS | $3,250,000 | |
1/3/25
Jan 3, 2025
|
Listed / Active | CHTMLS | $169,000 |