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OFF-MARKET
Specialty properties

3023 Silver Shoals Rd Toccoa, GA 30577

4,692 SF 1.57 ac lot Built 1992
Property ID
Property summary
AI-generated overview

This exceptional 4,692 sq ft property, built in 1992 and fully renovated in 2021, sits on a 1.57-acre lot with 446 feet of Lake Hartwell shoreline. The single-story, one-building home features eight bedrooms and five and a half bathrooms, offering ample space for large gatherings or multi-family living. Recent renovations include a new roof, flooring, interior and exterior paint, updated kitchen and bathrooms, new AC units, a back deck, a lakefront deck, and an outdoor gazebo with a tranquil waterfall feature. The expansive family room, boasting nearly 360-degree views through full-length windows, comfortably accommodates over 50 people and includes a cozy fireplace. Its location near Spring Branch Boat Ramp provides easy access to Lake Hartwell for various water activities. Proximity to the Currahee Club caters to golf enthusiasts, while its 15-minute distance to Toccoa, GA, and convenient access to Northeast Georgia mountains and South Carolina enhance its appeal. The property's zoning allows for potential uses as a short-term or mid-term rental, assisted living facility (with a conditional use permit or rezoning), or other income-producing ventures. The property is currently listed at $690,000. While the lakefront is yellow-zoned (non-dockable), a permitted lakefront deck is in place.

Property profile
Verified
Property type Specialty properties
Year built 1992
Total area 4,692 SF
Lot 1.57 ac (68,389 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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