NOT LISTED FOR SALE

305 Morse Elm Loop Waleska, GA 30183

Estimated Value: $449,530 - $483,000

3 Beds
3 Baths
1,729 Sq Ft
$266/Sq Ft Est. Value

Last Sold July 31, 2025

Last sale price $450,000 $260 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,959/month

55 Days on Market

Highlights

  • Marina
  • Open-Concept Dining Room
  • RV or Boat Storage in Community
  • Country Club
  • Fishing
  • Gated Community

About This Home

As of July 2025

Stunning Nearly New Construction in the Highly Acclaimed Lake Arrowhead Community!

Welcome to 305 Morse Elm Loop in Waleska, GA, a breathtaking 3-bedroom, 3-bathroom ranch-style home offering modern design, high-end finishes, and spectacular views of the surrounding mountains. Located in Lake Arrowhead, a master-planned community recently recognized as one of the Best Places to Live in America, this home provides an incredible lifestyle with resort-style amenities, outdoor recreation, and unparalleled natural beauty.

Step inside this thoughtfully designed open-concept floor plan, where the spacious chef’s kitchen is the heart of the home. Featuring stainless steel Whirlpool appliances, granite countertops, and ample cabinetry, this kitchen flows seamlessly into the family room and dining area, making it perfect for entertaining or relaxing with loved ones. Large windows throughout the home bring in plenty of natural light while framing stunning views of the surrounding landscape.

The owner’s suite offers a tranquil retreat with a spa-inspired ensuite bath, while the two additional bedrooms provide comfort and space for family or guests. A rear patio extends your living space outdoors, allowing you to take in the majestic mountain scenery and enjoy peaceful mornings or evening sunsets.

Living in Lake Arrowhead means having access to a wealth of amenities designed for recreation and relaxation. The 540-acre, stream-fed lake features 21 miles of stunning shoreline, offering opportunities for boating, fishing, swimming, and picnicking. Outdoor enthusiasts will love the 16+ miles of walking trails, 1,000+ acres of wooded open space, and hiking at Lakeside Park. Residents also enjoy the 18-hole Highlands Golf Course, Great Festival Park with a junior Olympic-size pool, basketball and volleyball courts, a playground, and pavilion, as well as grilling areas and scenic parks throughout the community.

This manned and gated 24/7 community offers security and privacy, all while being a short drive from shopping, dining, and the conveniences of metro Atlanta. With its unbeatable location, award-winning amenities, and beautifully designed living spaces, 305 Morse Elm Loop is a must-see. Don’t miss this incredible opportunity to own a brand-new home in one of Georgia’s most sought-after communities! Schedule your private tour today!

Last Agent to Sell the Property

Nicole France

RE/MAX Center License #219889 Listed on: 03/11/2025

RE/MAX Center

Last Buyer's Agent

Nikki Katzef

Keller Williams North Atlanta License #408611

Keller Williams North Atlanta

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,383

Year Built

  • Built in 2023

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 123x178x75x173
  • Property fronts a private road
  • Private Entrance
  • Corner Lot
  • Private Yard
  • Front Yard

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Accessed On Kitchen Level
  • Garage Door Opener
  • Driveway Level

Property Views

  • Woods
  • Mountain
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,729 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Insulated Windows
  • Family Room with Fireplace
  • Open-Concept Dining Room
  • Breakfast Room
  • Bonus Room
  • Luxury Vinyl Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Wood Stained Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Double Shower
  • Shower Only

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • R.M. Moore Elementary School
  • Teasley Middle School
  • Cherokee High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • 110 Volts
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • Accessible Entrance
  • Covered Patio or Porch

Listing and Financial Details

  • Legal Lot and Block 1 / 5
  • Assessor Parcel Number 22N15 05001

Community Details

Overview

  • $1,000 Initiation Fee
  • Lake Arrowhead Subdivision
  • Community Lake

Recreation

  • RV or Boat Storage in Community
  • Marina
  • Country Club
  • Pickleball Courts
  • Swim or tennis dues are required
  • Community Pool
  • Fishing
  • Park

Additional Features

  • Restaurant
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,383

Year Built

Built in 2023

Lot Details

0

HOA Fees

$205 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Property Condition: Resale
  • Year Built: 2023
  • Accessibility Features: Accessible Entrance
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 1729.00
  • Special Features: NewHome

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Luxury Vinyl
  • Fireplace Features: Family Room
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
  • Interior Amenities: Double Vanity, High Ceilings 9 ft Main, High Speed Internet, Walk-In Closet(s)
  • Kitchen Features: Breakfast Room, Cabinets Stain, Eat-in Kitchen, Pantry, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room
  • Dining Room Features: Open Concept
  • Square Footage: 1729.00
  • Spa Features: None
  • Window Features: Insulated Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Shower, Double Vanity, Shower Only

Exterior Features

  • Construction Materials: Cement Siding
  • Roof Type: Composition
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Exterior Features: Private Entry, Private Yard
  • View: Mountain(s), Neighborhood, Trees/Woods
  • Pool Private: No
  • Foundation: Concrete Perimeter, Slab

Garage/Parking

  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage, Garage Door Opener, Kitchen Level, Level Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts in Garage

Condo/Co-op/Association

  • Community Features: Country Club, Fishing, Gated, Homeowners Assoc, Lake, Marina, Park, Pickleball, Pool, Restaurant, RV/Boat Storage
  • Association Fee: 2460
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: Lake Arrowhead

Lot Info

  • Acres: 0.3966
  • Lot: 1
  • Section G M D: 2nd
  • Plat Book: 9
  • Plat Page: 64
  • Lot Features: Corner Lot, Front Yard
  • Lot Dimensions: 123x178x75x173
  • Parcel Number: 22N15 05001
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 1000

Tax Info

  • Taxes: 4383.00
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: R.M. Moore
  • High School: Cherokee
  • Middle School: Teasley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Jul 24, 2025
Sold by
Harrill James
Bought by
Miller Michael and Miller Nicole
Seller's Agent
Nicole France
RE/MAX Center
Buyer's Agent
Nikki Katzef
Keller Williams North Atlanta
List Price
$450,000
Sold Price
$450,000
Views
35
Current Estimated Value
$459,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,383
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
May 12, 2023
Closed on
Oct 20, 2023
Sold by
Majestic Lifestyle Builders Llc
Bought by
Harrill James and Harrill Teresa G
Seller's Agent
Patricia Wilson
Atlanta Communities
Buyer's Agent
Tom Townsend
Keller Williams Realty Partners
List Price
$413,290
Sold Price
$403,290
Premium/Discount to List
-$10,000
-2.42%
Views
65

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.35%
Original Mortgage
$362,500
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2023
Sold by
Diamondhead Corp
Bought by
Lake Arrowhead Communities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,400
Interest Rate
6.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2013
Sold by
Johnson Loyd H
Bought by
Purcell Co Inc
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Miller Michael $450,000 --
Harrill James $403,290 --
Lake Arrowhead Communities Llc -- --
Purcell Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harrill James $362,500
Previous Owner Lake Arrowhead Communities Llc $270,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2025 07/31/25 Sold $450,000 0.0% $260 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $450,000 +11.6% $260 / Sq Ft
10/20/2023 10/20/23 Sold $403,290 0.0% $233 / Sq Ft View Prior Sale
06/27/2023 06/27/23 Pending -- -- --
06/19/2023 06/19/23 Price Changed $403,290 -2.4% $233 / Sq Ft
05/12/2023 05/12/23 For Sale $413,290 -- $239 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History Compared to Growth

Source: Public Records

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 $4,192 $195,760 $8,400 $187,360
2023 $26 $1,000 $1,000 $0
2022 $26 $1,000 $1,000 $0
2021 $28 $1,000 $1,000 $0
2020 $28 $1,000 $1,000 $0
2019 $28 $1,000 $1,000 $0
2018 $29 $1,000 $1,000 $0
2017 $29 $2,500 $1,000 $0
2016 $17 $1,500 $600 $0
2015 $18 $1,500 $600 $0
2014 $59 $5,000 $2,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7538885

First Multiple Listing Service (FMLS)

APN: 022N15-00005-001-000-0000