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For sale

$339,900

Price cut $10,099

Est. monthly cost

$1,879/mo

557 Grayce Lane, Hiawassee, GA 30546

Listing by Maximum One Premier Realtors

Beds
2
Baths
2
Sq ft
2,110
Lot
0.76 acres

About this home

North Georgia Blue Ridge Mountain retreat close to Lake Chatuge in Hiawassee, GA. One of Georgia's most beloved mountain towns. This move-in-ready 2 bedroom home with a sun-filled bonus/flex room and 2 baths offers 2,110 sq. ft. on .76 private wooded acres. UNRESTRICTED property, NO HOA, Airbnb/VRBO potential, peaceful mountain and lake-area living, with a location less than one mile from Mayor's Park, Lake Chatuge, and a public boat ramp. Tucked away in a peaceful setting, yet less than five minutes from downtown Hiawassee, the heartbeat of the area. This home offers the privacy, accessibility, convenience, and location buyers love in the North Georgia mountains. Inside, enjoy an open floor plan with a spacious open floor plan, gas log fireplace, large kitchen with island, desirable one-level living, primary/master bedroom on the main level, basement-level garage, and easy storage for lake gear, kayaks, tools, or outdoor equipment. The kitchen flows into the living and dining areas, creating a comfortable space for everyday living and entertaining. This home has benefited from major improvements within the last year, giving buyers the advantage of significant updates already completed. Updates and upgrades include a NEW roof, heat pump, water heater, appliances, luxury LVP flooring, and more. This turnkey home is a wonderful option for buyers wanting a mountain home, lake-area getaway, second home, full-time residence, vacation getaway, retirement-friendly retreat, or flexible mountain property without the need to take on major projects. Step outside to the wraparound porch with a screened section and enjoy quiet mornings, cool mountain evenings, and peaceful wooded surroundings. Gather around the designated fire pit area, unwind under the stars, or take a short drive to Lake Chatuge for boating, fishing, kayaking, swimming, and sunset views. Enjoy quick access to Lake Chatuge, The Ridges Marina, Georgia Mountain Fairgrounds and concerts, Bell Mountain, Brasstown Bald, hiking trails, waterfalls, farmers market, antique shops, shopping, dining, breweries, wineries, fall festivals, apple orchards, scenic mountain drives, medical facilities, and everyday necessities. Spend the day boating on Lake Chatuge, kayaking, fishing, exploring North Georgia waterfalls, visiting apple orchards, enjoying fall festivals, taking scenic mountain drives, hiking in the Blue Ridge Mountains, or relaxing in downtown Hiawassee. Then return home to the screened porch, fire pit, wooded privacy, and peaceful rhythm of a true Hiawassee mountain retreat. Enjoy the tranquility of the North Georgia mountain lifestyle while remaining close to the experiences that make Hiawassee and Lake Chatuge such a special place! Schedule your showing today!

Type
Single Family Residence
Year built
2003
Price per sq ft
$161
HOA
None
Garage
—
Property tax (2025)
$416/yr
Listed
—
MLS #
10825211

Features

BasementSingle story

Interior

Master On Main Level · Tile Bath

Appliances

Dishwasher · Range

Heating

Central

Cooling

Ceiling Fan(s) · Central Air

Flooring

Tile · Vinyl

Lot

Private

Property details

Interior

Bedrooms on main level:
2
Primary bedroom on main:
Yes
Fireplaces:
1
Basement:
Partial, Unfinished
Laundry:
In Basement
Levels:
One

Exterior and lot

Lot size:
0.76 acres

Construction

Architectural style:
Ranch, Traditional
Construction materials:
Vinyl Siding
Roof:
Composition
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Public
Utilities:
Cable Available, Electricity Available, Propane

Parking

Parking features:
Garage

Community and HOA

HOA:
No

Taxes and financial

Annual tax amount:
$416 (2025)

Monthly cost

Estimated monthly cost

$1,879/mo

Principal & interest
$1,674
Property taxes
$35
Home insurance
$170

$67,980

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Oct 26, 2026Listed for sale$349,999

Schools

  • Towns County

    Elementary

  • Towns

    Middle

  • Towns

    High

School assignments can change — verify with the district before you buy.

Location

Listing information

Listing office:
Maximum One Premier Realtors
Listing ID:
10825211
Status:
For sale

Source: Georgia MLS · Updated 14m ago · Nov 12, 2026, 7:15 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 12, 2026, 7:15 AM ET

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