1361 Peggy Ln Tunnel Hill, GA 30755

$3,250,000
1 bed
1 full
676 sqft
0.2 acres
$4,808 / sqft
House

Property details

About 1361 Peggy Ln

Business Opportunity! Purchase Choo Choo Property LLC and all 9 of it's short-term rentals. Listing 5 of 9 that's included in the 3.25M price. The other properties included are 1376 Peggy Ln (mls 1505199), 1370 Peggy Ln B (1505196), 1370 Peggy Ln A (1505191), 492 Nellie Head Rd(1505202), 1360 Peggy Ln ( 1505177), 1352 Peggy Ln (1505172), 1350 Peggy Ln (1505167), 1346 Peggy Ln (1505165) Charming Lake View Cabin - Fully Remodeled & Furnished Escape to this delightful 1-bedroom cabin, perfectly situated to enjoy serene water views without the waterfront price. Recently remodeled from top to bottom, this cozy retreat combines modern upgrades with timeless charm, creating a welcoming haven for relaxation or a memorable guest experience. The cabin is sold fully furnished, featuring stylish décor and all the essentials for an effortless, turn-key rental or vacation home. Large windows frame the water views, and the thoughtfully designed interior maximizes comfort and functionality. This cabin is part of a lucrative short-term rental investment package that includes 9 properties: 7 lakefront homes, this stunning water-view retreat, and a mountain cabin with breathtaking sunset vistas. The entire portfolio delivers an impressive 9.33% cap rate, making it an outstanding opportunity for investors looking to expand or start their short-term rental business. Whether you're drawn to the charm of this water-view cabin or the incredible potential of the investment package, this property is a must-see. Contact us today to learn more about this unique offering!

Highlights

Home typeSingle Family Residence
HeatingElectric
StatusActive
CoolingMulti Unit(s)
Size676 sqft
Lot size0.16 Acres
Year built1980
ParkingOff Street
MLS #1505188
ViewLake

Summary

  • MLS Number: 1505188
  • MLS Name: Greater Chattanooga REALTORS®
  • Office Name: Real Estate Partners Chattanooga LLC
  • Office Phone: (423) 362-8333
  • Office Email: dianeburkehomes@gmail.com

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Greater Chattanooga Association of Realtors®. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Copyright© 2025 Greater Chattanooga Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with a shed, a deck, and a front lawn

$3,250,000

1361 Peggy Ln

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Price information

Property sales

DateEventPrice
Sep 04, 2020
Home Sold
$35,000
Dec 02, 2019
Home Sold
$20,000

Tax history

YearAssessmentProperty Tax
2023$20,274$558
2021$20,038$454
2020$16,084$244
2019$16,084$498
2018$16,084$506
2017$16,084$507

History based on county public records data.

Nearby schools

6

New Hope Elementary School

Public District KG-5

2.0 mi

1175 New Hope Rd NW

6

Tiger Creek Elementary School

Public District PK-5

3.6 mi

134 Rhea McClanahan Dr

5

Varnell Elementary School

Public District KG-5

3.8 mi

3900 Cleveland Hwy

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $40,051. The majority of Tunnel Hill, GA residents have income less than $<35k annually. The majority of families are married, with kids. The majority of residents in this area have post secondary degree education.

How much money do the neighbors make?

47%
<35k
29%
35k-100k
14%
100k-200k
10%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

26%
Single, No Kids
14%
Single, with Kids
28%
Married, No Kids
32%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
42%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Extreme SportsExtreme Sports
  • MotocrossMotocross
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • GameStopGameStop
  • KmartKmart

Where do the neighbors go to eat?

  • Little CaesarsLittle Caesars
  • SonicSonic
  • Bob EvansBob Evans

What do the neighbors drive?

  • ChevroletChevrolet
  • JeepJeep
  • BuickBuick

What do the neighbors listen to?

  • CountryCountry
  • OldiesOldies
  • Contemporary ChristianContemporary Christian
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1361 Peggy Ln

This home is located at 1361 Peggy Ln in Tunnel Hill, GA and zip code 30755. This 676 square foot home, which was built in 1980, sits on a 0.16 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 3, 2025 and is currently priced at $3,250,000.

Tunnel Hill, GA housing market in January 2025 saw over 1 listings sold above listed price, more than 5 sold at listed price and over 5 sold below. Between December and January 2025, Tunnel Hill, GA real estate market has seen decrease in the number of listings by 2.4%. While the average time on the market in January 2025 was 17 days, the median list price was $239,450.

From Rocket Homes Real Estate and based on county public records data.

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