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1376 Peggy Lane

Tunnel Hill, GA 30755

2 beds
1 bath
1,155 sqft
6,969 sqft lot
$2,813 per sqft
1995 build
– on site

Listing 2 of 9 that's included in the 3.25M price. The other properties included are 492 Nellie Head Rd (mls 1505202), 1370 Peggy Ln B (1505196), 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) Spacious Lake Chalet - Fully Updated with Stunning Features Discover lakeside living at its finest in this beautifully updated 2-bedroom, 1-bathroom cabin offering 1,155 square feet of comfort and style. Designed with an open floor plan, this inviting retreat seamlessly blends modern upgrades with the tranquil charm of its waterfront setting. Step inside to find a fully updated interior with high-quality finishes and a thoughtful design. The cabin comes complete with all appliances and furnishings, making it entirely turn-key for your enjoyment or as a rental property. The spacious living area flows effortlessly onto a large deck that extends to the edge of the lake, providing the perfect spot for entertaining, relaxing, or soaking in the serene views. This property is part of a rare short-term rental investment package, which includes 9 premium properties: 7 lakefront homes, 1 water-view retreat, and a mountain cabin with breathtaking sunset vistas. With an impressive 9.33% cap rate, this portfolio is a unique opportunity to own a collection of highly desirable and profitable rentals. Contact us today for more details about this exceptional lakefront cabin and the entire investment package!

Listing courtesy of CHTMLS / Real Estate Partners Chattanooga LLC

Last checked: Checking… • Last updated Jan 5, 2025 •

MLS# 1505199 —

The Building

Year Built:

1995
New Construction:

false
Construction Materials:

Wood Siding
Levels:

One
Stories Total:

None
Roof:

Metal
Basement:

false
Foundation Details:

Slab
Exterior Features:

Outdoor Grill, Rain Gutters
Window Features:

Insulated Windows
Patio And Porch Features:

Deck
Building Area Total:

1155.0
Above Grade Finished Area:

1155.0

Interior

Interior Features:

Granite Counters, Open Floorplan, Separate Shower, Vaulted Ceiling(s)
Furnished:

None
Flooring:

Hardwood, Tile
Fireplace:

false
Laundry Features:

Laundry Closet
Zoning Description:

None

Room Dimensions

Living Area:

1155.0
Living Area Units:

None
Living Area Source:

Tax Records

Location

Directions:

South on Hwy 41 thru Ringgold. Left onto GA-2 for 4.6 miles. Right on Lake Kathy Rd. Right on Peggy Ln
Latitude:

34.897318
Longitude:

-85.009601

The Property

Parcel Number:

11-221-02-015
Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Updated/Remodeled
Direction Faces:

None
Possible Use:

None
Lot Size Source:

None
Lot Size Acres:

0.16
Lot Size Area:

0.16
Lot Size SqFt:

6969.6
Additional Parcels:

false
Lot Size Dimensions:

93 X 98
Lot Size Units:

Acres
Zoning:

None
Topography:

None
View:

false
Pool Private:

No
Waterfront:

true
Waterfront Features:

Lake Front

Listing Agent

Contact info:

Taxes

Tax Legal Description:

L13&14 Lake Kathy
Tax Annual Amount:

507.25

Beds

Bedrooms Total:

2

Baths

Total Baths:

1.0
Total Baths:

1
Full Baths:

1
Three Quarter Baths:

None
Quarter Baths:

None
Partial Baths:

None

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Ductless, Electric
Heating:

true
Cooling:

Ceiling Fan(s), Ductless, Multi Units
Cooling:

true

Utilities

Utilities:

Electricity Connected, Water Connected
Water Source:

Public
Sewer:

Septic Tank
Electric:

None

Appliances

Appliances:

Water Heater, Washer/Dryer Stacked, Refrigerator, Microwave, Electric Range

Schools

Elementary School:

New Hope Elementary
Elementary School District:

None
Middle Or Junior School:

New Hope Middle
Middle Or Junior School District:

None
High School:

Northwest Whitfield High

The Community

Subdivision Name:

Lake Kathy
Community Features:

Lake
Association:

false
Association Fee 2:

None
Association Fee 2 Frequency:

None
Pets Allowed:

None
Senior Community:

false

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

Off Street

Monthly cost estimate

Asking price

$3,250,000

Expense	Monthly cost
Mortgage	$17,402
Taxes	$42
Insurance	$893
Utilities	$138 See report
Total	$18,475/mo.^*
	^*This is an estimate

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Air Pollution Index

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Sale history

Date	Event	Source	Price	% Change
1/5/25 Jan 5, 2025	Price Changed	CHTMLS	$3,250,000	828.6%
1/3/25 Jan 3, 2025	Listed / Active	CHTMLS	$350,000

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This house located in GA 30755 is currently for sale for $3,250,000. 1376 Peggy Lane is a 1,155 square foot house with 2 beds and 1 bath that has been on Estately for 2 days. This house is in the attendance area of New Hope Elementary School, New Hope Middle School, and Northwest Whitfield High School.

Listing Courtesy of: CHTMLS and Real Estate Partners Chattanooga LLC.

Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed accurate by the MLS. © 2025 Chattanooga Association of REALTORS®