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$1,485,000

Beds
3
Baths
3.5
sq ft
4,095

1620 McConnell Rd, Hiawassee, GA 30546

1620 McConnell Rd

Hiawassee, GA 30546

  • 164 days on market
    • Price drop $265,000↓
LISTED UNDER APPRASIED VALUE!!! Welcome to your dream lakefront retreat in Hiawassee, Georgia! This stunning listing offers an array of features that will make every day feel like a vacation. Situated on the picturesque shores of Lake Chatuge, this expansive property boasts breathtaking views and an impressive 4095 sq. ft. of living space. The main level of this home features three spacious bedrooms and 3 1/2 bathrooms, providing ample space for family and guests. Additionally, the basement offers two bonus Jack and Jill rooms, perfect for use as a home office, hobby space, or additional sleeping quarters. Speaking of the basement, you'll also find a convenient canning kitchen, allowing you to preserve your own delicious creations. Prepare to be captivated by the mesmerizing views of Lake Chatuge from the comfort of your own home. Whether you're enjoying a morning cup of coffee or entertaining guests, the amazing vistas will be a constant backdrop. And with a generator in place, you can rest assured that your comfort and convenience will never be compromised. For those who enjoy working with their hands, this property offers a workshop that is sure to impress. With the potential for an apartment above, you'll have the flexibility to accommodate guests or generate rental income. The boat and RV garage in the basement provide secure storage for your outdoor toys, ensuring that they're always ready for your next adventure. The pristine landscaping surrounding this home has been professionally maintained, creating a serene and inviting atmosphere. The well and county water system provide a reliable water source, adding to the ease of living in this beautiful location. Conveniently located near resorts and vineyards, you'll have endless opportunities for entertainment and relaxation. Whether you're exploring the local wineries or enjoying outdoor activities on Lake Chatuge, this area offers something for everyone. Don't miss out on the opportunity to own this meticulously maintained lakefront gem in Hiawassee, Georgia. This is a rare find that combines luxury, convenience, self-sustainability and natural beauty. Schedule your showing today and start living the lakefront lifestyle you've always dreamed of.

Details

Property type

Single Family Residence

Est. home value

$876,973

Lot size

6.00 acres

Price per sq ft

$363

Year built

1995

Annual property taxes

$2,086

Price History

08/26/2024
FMLS

FMLS #7359229

Price change
$1,485,000
-15.14%
04/25/2024
FMLS

FMLS #7359229

Listed
$1,750,000
-23.58%
01/16/2024
FMLS

FMLS #7298059

Removed
$2,290,000

Schools & Community

Elementary school: 

Towns County

Middle school: 

Towns County Comprehensive(PK-12)

High school: 

Towns County

Community features: 

None

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,163,526
Asking price
$1,485,000
Closing costs (~8% of asking)
-$118,800
Est. remaining loan balance
-$202,674
Cash to seller
$1,163,526

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Donald B Mcconnell Etal

Loan start date

December 2010

Original loan amount

$232,800

Est. remaining balance

$202,674

Interest rate

6%

Loan type

Not Provided, 40 year

Seller

Michael Lovingood and Bobbie Ann Lovingood

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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778-H N Main St, Hiawassee, GA 30546

Status: Active

Tomo last checked: 10/06/2024 at 4:20 AM

Listing updated: 09/16/2024 at 3:15 PM

Listed by: Melinda Mccorvey, Engel & Volkers Atlanta Phone #: (404) 845-7724

MLS: FMLS #7359229

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