Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Lake Arrowhead Wooded Lot Title is generated by Realmo AI

    101 Douglas Fir Drive, Waleska, GA 30183

    View on Map
    Claim this Listing
    For Sale
    $37,500

    LAND - Waleska, GA

    Lot size:
    0.73 Acres
    Added:
    Nov 20, 2025
    Days on Market:
    192
    Last Refresh:
    May 31 at 7:06 pm

    Property Features for 101 Douglas Fir Drive

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    22N20 144
    Lot size
    0.73 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    53

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    Dany Drouin

    Listing agent Dany Drouin License #353796

    Listing office Century 21 Results 2920 Ronald Reagan Blvd., Suite # 113, Cumming, GA

    Listing date Nov 20, 2025

    MLS# 10647325 Listing URL

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Access to 540‑acre Lake Arrowhead for boating and skiing
    • Located in a premier lake/golf/mountain community with exceptional amenities
    • Private wooded lot with lake and mountain views
    • Extensive amenities including golf course, pools, tennis courts, and hiking trails
    • Easy access to the North Gate
    • Only 1 hour north of Atlanta

    Overview

    This 0.731-acre wooded lot is located in the Lake Arrowhead community in Waleska, Georgia. The property offers lake and mountain views and provides easy access to the North Gate. Lake Arrowhead offers a 540-acre lake for boating and skiing, lighted tennis courts, two swimming pools, a 40-acre park with a playground, event lawn, pool, beach volleyball, and basketball courts. Additional amenities include a clubhouse with a restaurant and golf pro-shop, an 18-hole golf course, and hiking trails. Situated in the foothills of the North Georgia Mountains, the property is one hour north of Atlanta. The adjacent lot is also for sale, and the combined lots total 1.16 acres. This property is suitable for building a home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Law Firm Hotel & Motel Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waleska
    County
    Cherokee
    State
    Georgia
    Longitude
    -84.5894225
    Latitude
    34.3095654

    Nearby Similar for Sale

    • $725,000
      6,000 SF

      Mountain Retreat with Rental Potential

      Luxurious mountain retreat with rental potential in Lake Arrowhead.
      118 Lakeview Circle, Waleska, GA 30183
      View Details
    • $235,000

      Lake Arrowhead Waterfront Land

      Wooded 0.67-acre waterfront lot in gated community.
      109 White Pine Court, Waleska, GA 30183
      View Details
    • $758,000

      37.9 Acres in Salacoa Valley

      37.9-acre tract in Cherokee County with creek and build sites.
      Hancock Mountain Trail, Waleska, GA 30183
      View Details
    • $220,000

      Waleska Land with Development Potential

      9.68 acres of land suitable for homesite or recreation.
      925 Arrow Trail #2, Waleska, GA 30183
      View Details
    • $315,000

      8 Acres Buildable Land

      Buildable 8-acre lot in Salacoa Valley, ready for construction.
      Salacoa-8 acres, Waleska, GA 30183
      View Details
    • $695,500

      Lakefront Land in Lake Arrowhead

      Rare 10-acre lakefront lot with lake and mountain views.
      Lake Arrowhead Drive, Waleska, GA 30183
      View Details
    • $315,000

      8 Acre Buildable Lot

      Buildable 8-acre lot in Waleska, GA, ready for construction.
      Salacoa-8 acres, Waleska, GA 30183
      View Details
    • $650,000

      Waleska, GA 51-Acre Development Opportunity

      51 acres in Waleska, GA, with utilities and mountain views.
      12100 Reinhardt College Parkway, Waleska, GA 30183
      View Details
    • $425,000

      Lake Arrowhead Waterfront Lot

      Deep water lakefront lot in Lake Arrowhead.
      149 Dogwood Court, Waleska, GA 30183
      View Details
    • $220,000

      Waleska Land: 9.68 Acres

      9.68 acres of land in Waleska, zoned AG.
      925 Arrow Trail, Waleska, GA 30183
      View Details
    • $881,372

      Waleska Equestrian Property with Views

      Exceptional 27.27-acre equestrian property with mountain views in Waleska, GA.
      349 Debord Drive lot: #4, Waleska, GA 30183
      View Details
    • $425,000

      Lake Arrowhead Waterfront Lot

      Deep water lakefront lot in Lake Arrowhead community.
      149 Dogwood Court, Waleska, GA 30183
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Private wooded lot with lake and mountain views.
    Where is this residential land & home lot located?
    The property is located at 101 Douglas Fir Drive Waleska, GA.
    What is the asking price?
    The asking price for this property is $37,500.
    What are key features of this property?
    This property features: Access to 540‑acre Lake Arrowhead for boating and skiing; Located in a premier lake/golf/mountain community with exceptional amenities; **Private wooded lot with lake and mountain views**
    (404) 213-4025
    We can help!
    Listing Contact
    Dany Drouin
    Real Estate License ID: 353796
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101 Douglas Fir Drive, Waleska, GA 30183
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!