118 Lakeview Cir Waleska, GA 30183
Estimated payment $4,572/month
Highlights
- Pier
- Boating
- Country Club
- Boat or Launch Ramp
- Golf Course Community
- Gated Community
About This Home
BREATHTAKING 5 BED/ 5 BATH MOUNTAIN RETREAT WITH MASSIVE RENTAL POTENTIAL! This luxurious 6,000+ square foot custom-built craftsman offers projected short-term rental revenue of $135,000 per year, making it an incredible investment opportunity in North Georgia or own your personal weekend haven. Perfectly positioned to capture stunning lake and mountain views, this home combines comfort, accessibility, and timeless design. Inside, you'll find an open concept floor plan complete with two large living rooms (each with its own stone gas-start fireplace), oversized dining room, and chef's kitchen-complete with two sinks, an oversized island, high-end appliances, and views that stretch across the private backyard and treetops. Take the elevator (Yes-- there's even an elevator) upstairs to the primary suite, which delivers true luxury with a private balcony, fireplace, sitting room, and a spa-inspired bathroom featuring dual vanities, a massive jetted soaking tub, a large walk-in shower, and an expansive closet. The finished terrace level adds even more flexibility with a full kitchenette, built-in dehumidifier, full living room, and a private bedroom suite-ideal for multigenerational living, guests, or an income-producing Airbnb setup. Accessibility is effortless thanks to the custom elevator, providing comfort and convenience on every floor. Need even more reasons to fall in love? This house comes with the PERFECT lifestyle living. Nestled within the gated Lake Arrowhead community, your short-term renters (or you) will get to enjoy golf, boating, multiple pools, pickleball, tennis, hiking trails, a marina, dog park, community events, and more. WHAT ARE YOU WAITING FOR? Whether you're seeking a potentially high-performing short-term rental, part-time residence, multi-generational retreat, this is exactly the home you've been searching for.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,317
Year Built
- Built in 2007
Lot Details
- 0.28 Acre Lot
- Privacy Fence
- Back Yard Fenced
- Mountainous Lot
- Wooded Lot
Property Views
- Lake
- Woods
- Mountain
Home Design
- Shingle Roof
- Composition Roof
- Cement Siding
- HardiePlank Type
Interior Spaces
- 3-Story Property
- Ceiling Fan
- Double Pane Windows
- Insulated Windows
- Carbon Monoxide Detectors
Flooring
- Wood
- Carpet
- Tile
Parking
- 3 Car Garage
- Driveway
Accessible Home Design
- Accessible Elevator Installed
Outdoor Features
- Pier
- Boat or Launch Ramp
- Boat Ramp
- Shared Dock
Schools
- R. M. Moore Elementary School
- Teasley Middle School
- Cherokee High School
Utilities
- Forced Air Heating and Cooling System
- Underground Utilities
- Private Water Source
Listing and Financial Details
- Legal Lot and Block 26 / 12
- Assessor Parcel Number 22N16 12026
Community Details
Overview
- Lake Arrowhead Subdivision
- Community Lake
Amenities
- Restaurant
- Clubhouse
Recreation
- Boating
- Powered Boats Allowed
- Golf Course Community
- Country Club
- Tennis Courts
- Pickleball Courts
- Community Pool
- Park
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,820 | $389,280 | $9,200 | $380,080 |
| 2024 | $4,263 | $340,240 | $9,200 | $331,040 |
| 2023 | $3,885 | $338,840 | $9,200 | $329,640 |
| 2022 | $4,242 | $316,600 | $9,200 | $307,400 |
| 2021 | $3,143 | $245,240 | $9,200 | $236,040 |
| 2020 | $2,539 | $217,120 | $9,200 | $207,920 |
| 2019 | $2,627 | $217,400 | $9,200 | $208,200 |
| 2018 | $2,291 | $198,000 | $9,200 | $188,800 |
| 2017 | $1,885 | $449,100 | $8,000 | $171,640 |
| 2016 | $1,885 | $434,700 | $8,000 | $165,880 |
| 2015 | $1,971 | $439,500 | $8,000 | $167,800 |
| 2014 | $1,706 | $405,900 | $8,000 | $154,360 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | For Sale | $800,000 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $360,000 | -- | |
| Foreclosure Deed | $402,727 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $288,000 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7674170
APN: 022N16-00012-026-000-0000
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