1360 Peggy Ln Tunnel Hill, GA 30755
Estimated payment $1,564/month
Highlights
- Lake Front
- Docks
- Wood Flooring
- New Hope Middle School Rated A-
- Contemporary Architecture
- No HOA
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, decor, 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
Lauren Shaheen
Keller Williams Realty License #436367 Listed on: 08/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,433
Year Built
- Built in 1973 | Remodeled
Lot Details
- 0.25 Acre Lot
- Lake Front
- Level Lot
Parking
- Off-Street Parking
Home Design
- Contemporary Architecture
- Cabin
- Wood Roof
- Wood Siding
Interior Spaces
- 864 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Family Room
- Wood Flooring
- Lake Views
Kitchen
- Convection Oven
- Microwave
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
- Separate Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Docks
Schools
- New Hope Elementary And Middle School
- Northwest Whitfield High School
Utilities
- Central Air
- Heating Available
- Electric Water Heater
- Septic Tank
Community Details
- No Home Owners Association
- Lake Kathy Subdivision
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 |
Source: Georgia MLS
MLS Number: 10649681
APN: 11-221-02-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.
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