1352 Peggy Ln Tunnel Hill, GA 30755
Estimated payment $1,261/month
Highlights
- Lake Front
- Community Lake
- Granite Countertops
- New Hope Middle School Rated A-
- Wood Flooring
- No HOA
About This Home
1352 Peggy Lane | 2BR/1BA Lakefront STR Cabin on Lake Kathy - Fully Furnished Welcome to 1352 Peggy Lane, a charming 2 bedroom, 1 bathroom fully furnished lakefront cabin on peaceful Lake Kathy in Tunnel Hill, GA. Whether you're looking for a personal vacation getaway, a turnkey short-term rental, or both — this updated retreat delivers on comfort, style, and income potential. The interior features an open-concept layout with quartz countertops, stainless steel appliances, and a washer/dryer in unit. Enjoy stunning lake views from your private deck, or head down to the dock just steps away for fishing, kayaking, or relaxing by the water. Currently operating as a successful Airbnb, the property is being sold fully furnished and rental-ready — including all appliances, décor, linens, and supplies. This is a rare opportunity to own a performing STR in a serene lakefront setting with repeat guests and strong demand. Located just 15 minutes from Dalton and 30 minutes to Chattanooga, this low-maintenance getaway offers the best of both worlds: lake life + investment income. **This property is part of a rate short-term rental investment package that includes eight fully furnished cabins, all positioned to capture breathtaking sunset vistas over Lake Kathy. With an impressive 9.33% cap rate, this portfolio presents a unique opportunity to own a collection of highly desirable and profitable rental properties -- ideal for investors seeking strong returns with long-term growth potential.** Buyer to verify all information deemed important.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $870
Year Built
- Built in 1974 | Remodeled
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 96 x 130
- Lake Front
- Level Lot
Parking
- Off-Street Parking
Home Design
- Slab Foundation
- Metal Roof
- Wood Siding
Interior Spaces
- 841 Sq Ft Home
- Ceiling Fan
- Insulated Windows
- Living Room
- Screened Porch
- Lake Views
Kitchen
- Electric Range
- Microwave
- Granite Countertops
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in Bathroom
- Stacked Washer and Dryer Hookup
Outdoor Features
- Patio
- Outdoor Grill
Schools
- New Hope Elementary School
- New Hope Middle School
- Northwest Whitfield High School
Utilities
- Central Heating and Cooling System
- Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Lake Kathy Subdivision
- Community Lake
Listing and Financial Details
- Assessor Parcel Number 11-221-02-064
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 |
|---|---|---|---|---|
| 2024 | $952 | $50,718 | $8,000 | $42,718 |
| 2023 | $952 | $31,600 | $6,000 | $25,600 |
| 2022 | $593 | $20,096 | $3,360 | $16,736 |
| 2021 | $593 | $20,096 | $3,360 | $16,736 |
| 2020 | $525 | $17,202 | $3,360 | $13,842 |
| 2019 | $533 | $17,202 | $3,360 | $13,842 |
| 2018 | $542 | $17,202 | $3,360 | $13,842 |
| 2017 | $542 | $17,202 | $3,360 | $13,842 |
| 2016 | $509 | $16,789 | $4,200 | $12,589 |
| 2014 | $452 | $16,789 | $4,200 | $12,589 |
| 2013 | -- | $16,788 | $4,200 | $12,588 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $225,000 | -5.9% | $268 / Sq Ft |
| 10/15/2025 10/15/25 | Price Changed | $239,000 | -4.0% | $284 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $249,000 | 0.0% | $296 / Sq Ft |
| 08/04/2025 08/04/25 | Off Market | $249,000 | -- | -- |
| 08/02/2025 08/02/25 | For Sale | $249,000 | -- | $296 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $35,000 | -- |
About the Listing Agent
Jake is part of the number one team in North Georgia, specializing in Catoosa, Walker, and Dade Counties.
Jake's Other Listings
Source: Greater Chattanooga REALTORS®
MLS Number: 1517985
APN: 11-221-02-064
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