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    887 Sunset Drive Rising Fawn, GA 30738

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    For Sale
    $625,000

    MULTI_FAMILY - Other - Rising Fawn, GA

    Property size:
    2,678 SF
    Lot size:
    0.42 Acres
    Price / SF:
    $233/SF
    Added:
    Jan 17, 2026
    Days on Market:
    110
    Last Refresh:
    May 7 at 4:06 am

    Property Features for 887 Sunset Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 2, Bathroom 4, Bedroom 3, Bedroom 1, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 4
    Parking features
    Driveway, Off Street
    Security features
    Security Lighting
    Spa
    1
    Window features
    Window Treatments, Bay Window(s), Blinds, Insulated Windows, Aluminum Frames, Window Coverings, Drapes
    Patio and Porch features
    Patio, Deck, Porch
    Interior features
    Built-in Features, Connected Shared Bathroom, Eat-in Kitchen, Natural Woodwork, Open Floorplan, Sitting Area, Soaking Tub, Tub/shower Combo
    Exterior features
    Balcony, Courtyard, Gas Grill, Lighting, Outdoor Grill, Private Entrance
    Fireplace
    1
    Appliances
    Washer/Dryer, Vented Exhaust Fan, Refrigerator, Range Hood, Microwave, Free-Standing Refrigerator, Electric Water Heater, Electric Range, Dishwasher
    Standard status
    Active
    APN
    030 00 063 00
    Size
    2,678 SF
    Lot size
    0.42 Acres

    Taxes and HOA fees

    Tax Description
    LL 183 11th District, 4th Section Sunset Bluff Dade County Parcel 030 00 063 00
    Tax Annual Amount
    2509

    Utilities

    Utilities
    Propane
    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Electric (Heating), Propane (Heating), Central
    Cooling system
    Wall Unit(s), Multi Units, Electric, Central Air, Varies by Unit
    Water source
    Public

    Building Details

    Year built
    2022
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Tile
    Building materials
    Block, Concrete, Wood Siding
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Listing Contact
    Wayne Thomas

    Listing agent Wayne Thomas License #249498

    Listing office RE/MAX Real Estate Center 72 Stuart Rd, Chattanooga, GA

    Listing date Jan 17, 2026

    MLS# 1526968 Listing URL

    Copyright © 2026 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Income‑producing Air B&B with two separate, fully furnished units (4 bedrooms, 3 baths).
    • West Bluff location with sunrise and sunset views of Rising Fawn.
    • Excellent amenities and furnishings included.
    • Conveniently located 6 miles from Cloudland Canyon and near Covenant College/Lookout Mountain attractions.
    • Outdoor amenities include garden space and grilling area.
    • Built in 2022, with sewer and utilities in excellent condition.

    Overview

    Income-Producing Air B&B Opportunity

    This income-producing property in Rising Fawn, Georgia, features two separate units with a total of four bedrooms and three full baths, offering exclusive boarding and rental possibilities. Situated on the West Bluff, the property provides outstanding sunrise and sunset views. The 2,678 square-foot property includes excellent amenities and furnishings, which will remain, along with a player piano. A pump organ is excluded. The 0.42-acre lot includes garden space and a grilling area. The property is fully furnished, and sewer and utilities are in excellent condition. Located just 6 miles from Cloudland Canyon, it is also convenient to Covenant College and Lookout Mountain attractions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Restaurant Real Estate Agency Building Supply Auto Repair Shop Hotel & Motel Bed & Breakfast Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Rising Fawn
    County
    Dade
    State
    Georgia
    Longitude
    -85.503805
    Latitude
    34.780827

    Nearby Similar for Sale

    • $625,000

      Income-Producing Air B&B with Views

      Two furnished units with rental potential and excellent amenities.
      887 Sunset Dr, Rising Fawn, GA 30738
      View Details
    • $800,000
      5,160 SF

      Rising Fawn Event Center

      Unique event venue and residence near Chattanooga, Georgia.
      205 US-11, Rising Fawn, GA 30738
      View Details

    FAQs

    What type of property is this?
    Short term rental property - Rising Fawn multifamily property with excellent amenities and views.
    Where is this short term rental property located?
    The property is located at 887 Sunset Drive Rising Fawn, GA.
    What is the asking price?
    The asking price for this property is $625,000.
    What are key features of this property?
    This property features: Income‑producing Air B&B with two separate, fully furnished units (4 bedrooms, 3 baths).; West Bluff location with sunrise and sunset views of Rising Fawn.; Excellent amenities and furnishings included.
    (423) 309-6808
    We can help!
    Listing Contact
    Wayne Thomas
    Real Estate License ID: 249498
    Learn More
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    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
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