Listing 1 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), 1361 Peggy Ln (1505188), 1360 Peggy Ln ( 1505177), 1352 Peggy Ln (1505172), 1350 Peggy Ln (1505167), 1346 Peggy Ln (1505165) -Expansive Mountain Ridge Retreat - Stunning Views & Luxurious Amenities Welcome to your dream mountain escape! Perched high on the ridge with breathtaking views of the sunset dipping behind the mountains, this extraordinary cabin offers over 4,000 square feet of living space and every amenity you could desire. This 6-bedroom, 3.5-bathroom retreat is fully furnished and comes equipped with all appliances, including a washer and dryer. The thoughtfully designed layout includes a spacious game room stocked with a pool table, ping pong table, and other games, making it perfect for entertaining. Cozy up by the gas fireplace, relax in the hot tub, or enjoy a swim in the private inground pool. Outdoor living is just as spectacular, with a large rocking chair front porch and a covered back porch that provide the ideal spots to soak in the peaceful surroundings and stunning views. Currently rented for $650 per night during the off-season and $1,000 per night during holidays and summer, this property is a proven income generator. With next summer already fully booked, it offers a seamless and lucrative addition to your investment portfolio. As part of an exclusive short-term rental investment package, this incredible property is one of 9 premium homes, including 7 lakefront properties and 1 water-view cabin. The entire portfolio boasts a remarkable 9.33% cap rate, making it a rare and profitable opportunity for investors. Contact us today to learn more about this unparalleled mountain retreat and the complete investment package!
Property Details
Property Features
Property Information:
Year Built: 2006
Stories: 3
Living Area: 4,001 SqFt
Listing Office:
Office Name: Real Estate Partners Chattanooga LLC
Office Phone: (423) 362-8333
Interior Features
Interior Information:
Appliances: Other, Water Heater, Washer, Refrigerator, Microwave, Electric Range, Electric Oven, Dryer, Dishwasher
Basement: Yes
Flooring Type: Hardwood, Tile
Interior: Eat-in Kitchen, Granite Counters, High Ceilings, Separate Dining Room, Separate Shower, Sitting Area, Split Bedrooms, Vaulted Ceiling(s)
Directions: I75 to exit 345 turn left onto Hwy41 Turn right on old Hwy2 at the old stone church turn left onto Nellie Head house is on the right at the top of the hill.
Price Information
Listing Price Info
Price Summary:
List Price: $3,250,000
Price Per SqFt: $812/SqFt
Tax Information:
Annual Amount: $2,810
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Tunnel Hill, GA.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$16.2K
Per Month
Principal & Interest
$16.2K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$9,810
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Tiger Creek Elementary School
134 Rhea McClanahan Dr
Distance between this listing and this school2.02 miles
Public District Grades PK-5
6
/10
New Hope Elementary School
1175 New Hope Rd NW
Distance between this listing and this school3.63 miles
Public District Grades KG-5
6
/10
Tunnel Hill Elementary School
203 E School St
Distance between this listing and this school4.13 miles
Public District Grades KG-5
Nearby Schools
8
/10
New Hope Middle School
1111 New Hope Rd NW
Distance between this listing and this school3.53 miles
Public District Grades 6-8
8
/10
Ringgold Middle School
217 Tiger Trl
Distance between this listing and this school4.30 miles
Public District Grades 6-8
6
/10
North Whitfield Middle School
3264 Cleveland Hwy
Distance between this listing and this school6.06 miles
Public District Grades 6-8
Nearby Schools
6
/10
Northwes High School
1651 Tunnel Hill Varnell Rd
Distance between this listing and this school2.97 miles
Public District Grades 9-12
7
/10
Ringgold High School
29 Tiger Trl
Distance between this listing and this school4.50 miles
Public District Grades 9-12
6
/10
Coahulla Creek High School
3361 Crow Rd NE
Distance between this listing and this school6.76 miles
The neighbors living near this home have an average income of $60,651. Residents of Tunnel Hill, GA typically earn between $35k-100k each year. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 492 Nellie Head Rd
What is the listing price of this property?
The listing price of 492 Nellie Head Rd property is $3,250,000.
What type of property is this?
The property 492 Nellie Head Rd is a house located in Tunnel Hill, Georgia, 30755.
Is this property for sale now?
Active Listing: 492 Nellie Head Rd is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $2,810 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on December 4, 2014 for $140,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 492 Nellie Head Rd has 6 bedrooms and 3 full and 1 half bathrooms.
What is the square footage of this property?
The property 492 Nellie Head Rd is 4,001 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 492 Nellie Head Rd is 2006.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 492 Nellie Head Rd in Tunnel Hill, GA and zip code 30755. This 4,001 square foot home, which was built in 2006, sits on a 2.07 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 04, 2025 and is currently priced at $3,250,000.
In December 2024 more than 1 listings in Tunnel Hill, GA were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 4 were sold below. In December 2024 in Tunnel Hill, GA there were 12.9% less homes for sale than in November 2024. Listings spent 10 days on the market in December 2024, and had a median list price of $239,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
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®.
Hunting
Hunting
NASCAR
Monster Trucks
Wal-Mart
Academy Sports & Outdoors
Dollar General
Hardee's
Jimmy Johns
Applebees
Ram
Chevrolet
GMC
Classic Country
New Country