1360 Peggy Ln Tunnel Hill, GA 30755
Estimated payment $1,499/month
Highlights
- Lake Front
- Docks
- No HOA
- New Hope Middle School Rated A-
- Wood Flooring
- Central Heating and Cooling System
About This Home
Charming 2BR/1BA Home in Tunnel Hill - Fully Furnished & STR Ready! **Two double lots as well as a community lot next door that cannot be built on for complete privacy!!** Welcome to 1360 Peggy Lane, a cozy and fully furnished 2-bedroom, 1-bath home just steps from peaceful Lake Kathy. This turnkey property features an open living area, updated kitchen with stainless steel appliances, and a spacious yard for relaxing or entertaining. Currently operating as a short-term rental, it's being sold rental-ready with all furnishings, décor, linens, and supplies included. Whether you're looking for an investment property, weekend retreat, or full-time residence, this home offers comfort, convenience, and strong income potential. Minutes from Dalton and 30 minutes to Chattanooga! **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.
Listing Agent
Greater Downtown Realty dba Keller Williams Realty Brokerage Phone: 7062178133 License #350028,325426 Listed on: 11/12/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $639
Year Built
- Built in 1973
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 117 x 108
- Lake Front
- Level Lot
Home Design
- Metal Roof
- Wood Siding
Interior Spaces
- 864 Sq Ft Home
- Property has 3 Levels
- Ceiling Fan
- ENERGY STAR Qualified Windows
- Lake Views
- Microwave
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Outdoor Features
- Docks
Schools
- New Hope Elementary School
- New Hope Middle School
- Northwest High School
Utilities
- Central Heating and Cooling System
- Septic Tank
Community Details
- No Home Owners Association
- Lake Kathy Subdivision
Listing and Financial Details
- Assessor Parcel Number 1122102005
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 | $943 | $52,400 | $8,000 | $44,400 |
| 2023 | $943 | $23,194 | $6,000 | $17,194 |
| 2022 | $238 | $14,680 | $3,360 | $11,320 |
| 2021 | $238 | $14,680 | $3,360 | $11,320 |
| 2020 | $252 | $15,434 | $3,360 | $12,074 |
| 2019 | $252 | $15,434 | $3,360 | $12,074 |
| 2018 | $252 | $15,434 | $3,360 | $12,074 |
| 2017 | $252 | $15,434 | $3,360 | $12,074 |
| 2016 | $247 | $15,182 | $4,200 | $10,982 |
| 2014 | $249 | $15,182 | $4,200 | $10,982 |
| 2013 | -- | $15,181 | $4,200 | $10,981 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/13/2025 11/13/25 | Price Changed | $275,000 | -5.2% | $318 / Sq Ft |
| 10/15/2025 10/15/25 | Price Changed | $290,000 | -3.3% | $336 / Sq Ft |
| 08/05/2025 08/05/25 | Price Changed | $300,000 | 0.0% | $347 / Sq Ft |
| 08/05/2025 08/05/25 | For Sale | $300,000 | +20.5% | $347 / Sq Ft |
| 08/04/2025 08/04/25 | Off Market | $249,000 | -- | -- |
| 08/02/2025 08/02/25 | For Sale | $249,000 | -- | $288 / Sq Ft |
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: Realtracs
MLS Number: 2968121
APN: 11-221-02-005
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