1370 Peggy Lane Unit B
Tunnel Hill, GA 30755
- 1 bed
- 1 bath
- 500 sqft
- 3,049 sqft lot
- $6,500 per sqft
- 2023 build
- – on site
Business Opportunity! Purchase Choo Choo Property LLC and all 9 of it's short-term rentals. Listing 3 of 9 that's included in the 3.25M price. The other properties included are 1376 Peggy Ln (mls 1505199), 492 Nellie Head Rd(1505202), 1370 Peggy Ln A (1505191), 1361 Peggy Ln (1505188), 1360 Peggy Ln ( 1505177), 1352 Peggy Ln (1505172), 1350 Peggy Ln (1505167), 1346 Peggy Ln (1505165) Modern Lake Shore Cabin - Built in 2023 & Fully Furnished Step into lakefront luxury with this gorgeous 1-bedroom cabin, built in 2023 and designed to impress. Nestled right on the water, this modern retreat offers breathtaking views, contemporary comforts, and an unbeatable atmosphere for relaxation or adventure. Every detail of this cabin has been thoughtfully crafted, from its sleek finishes and open layout to the stylish furnishings included in the sale. The large windows and waterfront location ensure you're always connected to the serene beauty of the lake. This property is part of an exceptional short-term rental investment package featuring 9 income-producing properties: 7 lakefront homes, 1 water-view retreat, and a stunning mountain cabin with sunset views. Together, the portfolio boasts a remarkable 9.33% cap rate, offering a rare opportunity for investors to achieve strong returns with premium properties. Own a piece of lakeside paradise and an incredible investment package. Contact us today to learn more about this exciting opportunity!
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# 1505196 —
The Building
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Year Built:2023
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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:Slab
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Exterior Features:Rain Gutters
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Window Features:Insulated Windows
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Patio And Porch Features:Porch
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Building Area Total:500.0
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Above Grade Finished Area:500.0
Interior
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Interior Features:Granite Counters, Separate Shower
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Furnished:None
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Flooring:Carpet, Hardwood
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Fireplace:false
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Laundry Features:In Bathroom
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Zoning Description:None
Room Dimensions
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Living Area:500.0
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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:34.89712
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Longitude:-85.009835
The Property
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Parcel Number:11-221-02-101
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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 Features:Level, Waterfront
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Lot Size Acres:0.07
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Lot Size Area:0.07
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Lot Size Dimensions:44 X 99
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Lot Size SqFt:3049.2
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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:true
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Waterfront Features:Lake Front
Listing Agent
- Contact info:
- Agent phone:
- (423) 619-4788
- Office phone:
- (423) 362-8333
Taxes
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Tax Legal Description:Lt 16 Lake Kathy
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Tax Annual Amount:165.25
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:Ductless, 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/Dryer Stacked, Refrigerator, Microwave, Electric Range
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
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Spa:false
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 | $13 |
Insurance | $893 |
Utilities | $99 See report |
Total | $18,407/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 | $150,000 |