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  • Price$800,000
  • Beds5
  • Baths5
  • SQ. Feet5,352
  • Acres0.28
  • Built2007

118 Lakeview Circle, Waleska

BREATHTAKING 5 BED/ 5 BATH MOUNTAIN RETREAT WITH MASSIVE RENTAL POTENTIAL! This luxurious 6,000+ square foot custom-built craftsman offers projected short-term rental revenue of $135,000 per year, making it an incredible investment opportunity in North Georgia or own your personal haven. Perfectly positioned to capture stunning lake and mountain views, this home combines comfort, accessibility, and timeless design. Inside, you'll find an open concept floor plan complete with two large living rooms (each with its own stone gas-start fireplace), oversized dining room, and chef's kitchen-complete with two sinks, an oversized island, high-end appliances, and views that stretch across the private backyard and treetops. Take the elevator (Yes-- there's even an elevator) upstairs to the primary suite, which delivers true luxury with a private balcony, fireplace, sitting room, and a spa-inspired bathroom featuring dual vanities, a massive jetted soaking tub, a large walk-in shower, and an expansive closet. The finished terrace level adds even more flexibility with a full kitchenette, built-in dehumidifier, full living room, and a private bedroom suite-ideal for multigenerational living, guests, or an income-producing Airbnb setup. Accessibility is effortless thanks to the custom elevator, providing comfort and convenience on every floor. Need even more reasons to fall in love? This house comes with the PERFECT lifestyle living. Nestled within the gated Lake Arrowhead community, you (or your short-term renters) will get to enjoy golf, boating, multiple pools, pickleball, tennis, hiking trails, a marina, dog park, community events, and more. WHAT ARE YOU WAITING FOR? Whether you're seeking a full-time residence, multi-generational retreat, or high-performing short-term rental, this is exactly the home you've been searching for. Note that this home has been virtually staged/edited and that the square footage is an estimate based on public records and the original builder listing.

Essential Information

  • MLS® #10634878
  • Price$800,000
  • Bedrooms5
  • Bathrooms5.00
  • Full Baths5
  • Square Footage5,352
  • Acres0.28
  • Year Built2007
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StyleCraftsman, Traditional
  • StatusNew

Amenities

  • UtilitiesElectricity Available, High Speed Internet, Propane, Sewer Connected, Underground Utilities, Water Available
  • Parking Spaces3
  • ParkingGarage
  • ViewLake, Mountain(s), Seasonal View
  • WaterfrontDeep Water Access, Lake Access

Exterior

  • Exterior FeaturesBalcony, Other
  • Lot DescriptionLevel, Private, Sloped
  • WindowsDouble Pane Windows
  • RoofComposition
  • ConstructionConcrete
  • FoundationSlab

Additional Information

  • Days on Market7

Community Information

  • Address118 Lakeview Circle
  • SubdivisionLake Arrowhead
  • CityWaleska
  • CountyCherokee
  • StateGA
  • Zip Code30183

Interior

  • Interior FeaturesHigh Ceilings, Roommate Plan, Separate Shower, Soaking Tub, Split Bedroom Plan, Tray Ceiling(s), Walk-In Closet(s), Whirlpool Bath
  • AppliancesCooktop, Dishwasher, Double Oven, Microwave, Refrigerator, Stainless Steel Appliance(s)
  • HeatingCentral, Forced Air
  • CoolingCeiling Fan(s), Central Air
  • FireplaceYes
  • # of Fireplaces3
  • FireplacesFamily Room, Gas Starter, Living Room, Master Bedroom, Masonry
  • StoriesThree Or More

School Information

  • ElementaryR M Moore
  • MiddleTeasley
  • HighCherokee

Listing Details

  • Listing Provided Courtesy Of Keller Williams Realty Partners
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Listing information last updated on November 10th, 2025 at 9:48am CST.