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118 Lakeview Circle; Waleska, GA 30183

$800,000

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.
Key Facts
  • Style:
  • Year Built: 2007
  • Status: Active
Schools
  • Elementary School: R. M. Moore
  • Middle School: Teasley
  • High School: Cherokee
Bedrooms
  • Beds Total: 5
Bathrooms
  • Baths Full: 5
  • Baths Half: 0
  • Main Full Baths: 1
  • Master Bath Features: Double Vanity, Separate Tub/Shower, Soaking Tub

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Private & Public Schools Nearby

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    R. M. Moore Elementary School

    1375 PUCKETT ROAD; Waleska, GA 30183
    Public PK-5th  |  392 students
    Metro Atlanta School Rank: 668th
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    Teasley Middle School

    8871 KNOX BRIDGE HIGHWAY; Canton, GA 30114
    Public 6th-8th  |  1,531 students
    Metro Atlanta School Rank: 278th
  • 4 / 5
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    Cherokee High School

    930 MARIETTA HIGHWAY; Canton, GA 30114
    Public 9th-12th  |  2,708 students
    Metro Atlanta School Rank: 119th

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Listing Provided Courtesy Of: Keller Williams Realty Partners
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Listing information last updated on January 1, 2026