40 Blessed Way Rock Spring, GA 30739
Rock Spring NeighborhoodEstimated payment $21,996/month
Highlights
- 10 Acre Lot
- Furnished
- Den
- Clubhouse
- No HOA
- Efficiency Studio
About This Home
Discover Rock Springs Resort, a 10-acre hospitality property just 30 minutes from Chattanooga offering an exceptional blend of comfort, versatility, and income potential. Currently operating as a mix of short- and mid-term vacation rentals through Airbnb and VRBO, the resort features 20 fully furnished units ranging from studios to five bedrooms, plus four shaded RV sites with full hookups. Additional land available for growth and expansion. Copy and paste the web address into your browser for an inside look of the property and interview with the owner: The property's Event Center--complete with a unique indoor Arcade Treehouse, theater-style setup, and private courtyard with fire pit--hosts weddings, reunions, and retreats year-round. Flexible wedding packages include indoor and outdoor venues, catering options, and overnight accommodations for guests or bridal parties. Families love the resort's thoughtful touches, including travel cribs, child-friendly dinnerware, playground with swings, and outdoor areas designed for play and relaxation. The on-site amenities make every guest feel welcome and include grills and fire pits, an on-site laundry facility, a 5-person dry sauna, hot tub, walking trails, and dog park. For property management, an 800 SF workshop provides convenience for the upkeep of the property. For investors, Rock Springs Resort presents a turn-key opportunity with multiple revenue streams, 97% occupancy, and a loyal guest base--an established destination in Northwest Georgia's growing hospitality market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,797
Year Built
- Built in 1975 | Remodeled
Lot Details
- 10 Acre Lot
- Property fronts a county road
Interior Spaces
- 24,000 Sq Ft Home
- 2-Story Property
- Furnished
- Living Room
- Formal Dining Room
- Den
- Efficiency Studio
- Washer and Dryer
- Finished Basement
Kitchen
- Oven
- Stove
- Microwave
- Ice Maker
Parking
- Gravel Driveway
- Paved Parking
Schools
- Rock Spring Elementary School
- Saddle Ridge Middle School
- Lafayette High School
Mobile Home
- Mobile Home Allowed
Utilities
- Central Air
- Private Water Source
- Water Heater
Listing and Financial Details
- Assessor Parcel Number 0337 009b
Community Details
Recreation
- Community Playground
Additional Features
- No Home Owners Association
- Clubhouse
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 | $12,902 | $531,577 | $49,188 | $482,389 |
| 2024 | $12,297 | $482,376 | $49,188 | $433,188 |
| 2023 | $12,493 | $482,376 | $49,188 | $433,188 |
| 2022 | $6,989 | $325,912 | $49,188 | $276,724 |
| 2021 | $2,635 | $102,460 | $49,188 | $53,272 |
| 2020 | $2,790 | $102,460 | $49,188 | $53,272 |
| 2019 | $2,790 | $102,460 | $49,188 | $53,272 |
| 2018 | $2,711 | $102,460 | $49,188 | $53,272 |
| 2017 | $2,672 | $102,800 | $49,188 | $53,612 |
| 2016 | $2,672 | $102,800 | $49,188 | $53,612 |
| 2015 | -- | $102,800 | $49,188 | $53,612 |
| 2014 | -- | $102,800 | $49,188 | $53,612 |
| 2013 | $2,720 | $102,800 | $49,188 | $53,612 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/19/2026 03/19/26 | Price Changed | $3,995,000 | -7.9% | $166 / Sq Ft | |
| 01/16/2026 01/16/26 | For Sale | $4,339,000 | +909.1% | $181 / Sq Ft | |
| 08/06/2021 08/06/21 | Sold | $430,000 | -18.6% | $18 / Sq Ft | View Prior Sale |
| 07/14/2021 07/14/21 | Pending | -- | -- | -- | |
| 03/05/2021 03/05/21 | For Sale | $528,000 | -- | $22 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $430,000 | -- | |
| Deed | $225,000 | -- | |
| Deed | -- | -- | |
| Deed | $125,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $215,000 | New Conventional |
Source: Greater Chattanooga REALTORS®
MLS Number: 1526765
APN: 0337-009B
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Ask me questions while you tour the home.