SIGNIFICANT PRICE IMPROVEMENT- NOW $975,000 Welcome to this charming waterfront property on beautiful Lake Chatuge, offering mountain scenery, lakefront living, and outstanding income-producing potential all in one unique package. The main home features 3 bedrooms and 3 baths with warm mountain character, a welcoming covered front entrance, and stunning lake views from the living and dining areas. Step outside onto the back deck overlooking the water — the perfect place for morning coffee, evening sunsets, or entertaining family and friends. Enjoy gentle access to the lake with a small private dock and peaceful waterfront setting that captures the relaxed North Georgia mountain lifestyle buyers are searching for. What truly sets this property apart is the incredible rental and multi-family potential. In addition to the main home, the property includes a separate two-story rental unit: * Ground Level Apartment: Efficiency-style setup with kitchen, living/sleeping area, and full bath * Upper Level Apartment: Living room, kitchen, bedroom, and full bath With the possibility of creating up to three separate rental opportunities, this property has strong long-term income potential. Additional features include: * Metal roof * Expansive gravel parking area * Beautiful grassy yard leading to the lake * Detached utility/storage building * Multiple outdoor seating and entertaining areas * Convenient location close to town, marinas, restaurants, and mountain attractions Whether you’re looking for a full-time residence, vacation getaway, investment property, or multi-generational retreat, this rare Lake Chatuge property offers flexibility, charm, and income potential all in one package. This waterfront mountain property truly must be seen to be appreciated! Note: Some Photos may have ai virtually added on decor to enhance photo. “Short-term rentals are currently permitted. Buyers are encouraged to independently verify all current STR regulations, permitting requirements, and any applicable restrictions, as local ordinances and regulations are subject to change.”
Single-familyProperty Type
1969Year Built
0.59 acresLot Size
$350Price/Sq.Ft.
Listed by Deborah Mihalko• Keller Williams Elevate
SIGNIFICANT PRICE iIMPROVEMENT- NOW $975,000. Welcome to this charming waterfront property on beautiful Lake Chatuge, offering mountain scenery, lakefront living, and outstanding income-producing potential all in one unique package. The main home features 3 bedrooms and 3 baths with warm mountain character, a welcoming covered front entrance, and stunning lake views from the living and dining areas. Step outside onto the back deck overlooking the water — the perfect place for morning coffee, evening sunsets, or entertaining family and friends. Enjoy gentle access to the lake with a small private dock and peaceful waterfront setting that captures the relaxed North Georgia mountain lifestyle buyers are searching for. What truly sets this property apart is the incredible rental and multi-family potential. In addition to the main home, the property includes a separate two-story rental unit: * Ground Level Apartment: Efficiency-style setup with kitchen, living/sleeping area, and full bath * Upper Level Apartment: Living room, kitchen, bedroom, and full bath With the possibility of creating up to three separate rental opportunities, this property has strong long-term income potential. Additional features include: * Metal roof * Expansive gravel parking area * Beautiful grassy yard leading to the lake * Detached utility/storage building * Multiple outdoor seating and entertaining areas * Convenient location close to town, marinas, restaurants, and mountain attractions Whether you're looking for a full-time residence, vacation getaway, investment property, or multi-generational retreat, this rare Lake Chatuge property offers flexibility, charm, and income potential all in one package. Note: Some Photos may have ai virtually added on decor to enhance photo. “Short-term rentals are currently permitted. Buyers are encouraged to independently verify all current STR regulations as they are subject to change. ”
FMLS #7775671
Sep 9, 2026
Price Changed
$975,000
$350/sq ft
Jul 17, 2026
Price Changed
$1,100,000
$395/sq ft
May 18, 2026
Listed
$1,130,000
$406/sq ft
GAMLS #10770523
Sep 9, 2026
Price Changed
$975,000
$350/sq ft
Jul 17, 2026
Price Changed
$1,100,000
$395/sq ft
May 18, 2026
Listed
$1,130,000
$406/sq ft
+94
SIGNIFICANT PRICE IMPROVEMENT- NOW $975,000 Welcome to this charming waterfront property on beautiful Lake Chatuge, offering mountain scenery, lakefront living, and outstanding income-producing potential all in one unique package. The main home features 3 bedrooms and 3 baths with warm mountain character, a welcoming covered front entrance, and stunning lake views from the living and dining areas. Step outside onto the back deck overlooking the water - the perfect place for morning coffee, evening sunsets, or entertaining family and friends. Enjoy gentle access to the lake with a small private dock and peaceful waterfront setting that captures the relaxed North Georgia mountain lifestyle buyers are searching for. What truly sets this property apart is the incredible rental and multi-family potential. In addition to the main home, the property includes a separate two-story rental unit: * Ground Level Apartment: Efficiency-style setup with kitchen, living/sleeping area, and full bath * Upper Level Apartment: Living room, kitchen, bedroom, and full bath With the possibility of creating up to three separate rental opportunities, this property has strong long-term income potential. Additional features include: * Metal roof * Expansive gravel parking area * Beautiful grassy yard leading to the lake * Detached utility/storage building * Multiple outdoor seating and entertaining areas * Convenient location close to town, marinas, restaurants, and mountain attractions Whether you're looking for a full-time residence, vacation getaway, investment property, or multi-generational retreat, this rare Lake Chatuge property offers flexibility, charm, and income potential all in one package. This waterfront mountain property truly must be seen to be appreciated! Note: Some Photos may have ai virtually added on decor to enhance photo. "Short-term rentals are currently permitted. Buyers are encouraged to independently verify all current STR regulations, permitting requirements, and any applicable restrictions, as local ordinances and regulations are subject to change."
NEGBOR #402854
Jul 12, 2024
Price Changed
$975,000
$350/sq ft
Jun 5, 2024
Price Changed
$1,050,000
$377/sq ft
May 20, 2024
Price Changed
$1,100,000
$395/sq ft
Apr 5, 2024
Listed
$1,150,000
$413/sq ft
NEGBOR #329176
Nov 8, 2023
Price Changed
$985,000
$354/sq ft
Oct 12, 2023
Listed
$1,150,000
$413/sq ft
NEGBOR #295759
Aug 4, 2020
Sold
$365,000
$131/sq ft
Mar 6, 2020
Listed
$365,000
$131/sq ft
NEGBOR #223381
May 30, 2013
Sold
$201,400
$72/sq ft
Sep 25, 2012
Listed
$199,900
$72/sq ft
FMLS #4273210
Mar 12, 2012
Listing Removed
—
Sep 12, 2011
Listed
$265,000
$95/sq ft
FMLS #4066648
Nov 11, 2010
Listing Removed
—
May 11, 2010
Listed
$298,500
$107/sq ft
Year
Property tax
Land + Additions
Assessment*
2024
$3,038 (+5.1%)
$120,000 + $194,022
$314,022
2023
$2,890 (+17.0%)
$120,000 + $149,095
$269,095
2022
$2,470 (+40.3%)
$91,000 + $119,758
$210,758
2021
$1,760 (+19.4%)
$73,815 + $72,186
$146,001
2020
$1,475 (+11.4%)
$65,325 + $49,782
$115,107
2019
$1,324 (−2.3%)
$63,375 + $38,271
$101,646
2018
$1,355 (−1.1%)
$63,375 + $38,138
$101,513
2017
$1,371 (+13.9%)
$63,375 + $35,716
$99,091
2016
$1,203 (+5.7%)
$51,675 + $35,313
$86,988
2014
$1,138
$49,890 + $30,670
$80,560
Public record
Beds
—
Baths
1
Stories
1
Lot width
147 ft.
Lot depth
175 ft.
Lot size
0.59 Acres
Year renovated
2010
Finished Sq. Ft.
1,536
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,536
Year built
1969
Style
Single Family Residential
County
Towns County
APN
0029A018
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 14, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
8 days above 98° expected this year, 22 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Hiawassee, GA • 30546
Average low and high temperatures (°F)
47
26
57
33
67
42
74
51
74
56
83
64
86
69
80
64
79
59
72
49
63
42
54
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
90/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in Hiawassee. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.1 hrs
6.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1693 Chatuge Shores Rd
$908,640
$66K under list price of $975K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $380K to $1.6M.