3 Waterfront Homes PLUS 1 more buidlable lot. Includes 1 $1,150,000

Lake Home For Sale

3 Waterfront Homes PLUS 1 more buidlable lot. Includes 1 finished home, 2 homes that need to be completed on 5 parcels that can be subdivided into 4 separate addresses/lots. Create your own residential community or live in you own home and rent out or sell off the rest. Or make this 3-4 homes in your rental portfolio. A true investment opportunity abounds here in North Georgia facing the Tugaloo Channel of Lake Hartwell in charming Toccoa, Georgia. This is perfect for the opportunistic investor, builder, developer or someone choosing to buy and hold. The finished home is an active income generating short-term rental/ and the 2 additional, partially finished homes plus one buildable lot are on over 1 acre of waterfront land. This location is unbeatable. Follow the stairs down to a large, covered dock suitable with a boat slip and racks for kayaks. And you are sure to catch some fish in this area off the dock or on the water. A great waterway for paddlers, as well! The finished home features 3 levels of living and multiple outdoor spaces to enjoy the wildlife all around you. Not only is this property tucked away and very quiet as you enjoy nature's calling from the wraparound porch, there is a massive patio between 2 of the homes with firepit. It is even more serene at the dock where there is no other home in view! Inside enjoy the outside with a generious amount of natural light and seasonal views of the trees and the water from the windows at the loft level down to the main level. Vaulted ceiling and open concept. The floor plans on all 3 homes are very similar and 2 of the unfinished homes can still be modified to fit your design ideas. The finished home features 2 kitchens, 3 private bedrooms and one loft that acts as an additional full bedroom plus living area combined. This home has built-in movie theater seating and sound system. 3 living spaces make this home an ideal way to spread out on all levels. The electric insert for the stone fireplace makes gathering in the open living/dining/kitchen area cozy and safe. Main level owner's suite also has a separate, exterior entrance with easy 2 steps up. The opportunity to further modernize this finished home to your liking allows for many options, and the 2 unfinished homes can be completed with the option to build yet 1 more home on the vacant buildable lot. This set up allows for multiple short term side by side waterfront rentals or to subdivided out into 4 individual lots, or complete the homes, build a 4th and sell them individually. This waterfront property area of Toccoa is close to the wonderful historic downtown Toccoa restaurants, galleries, and shops, includes a stop on the Amtrak Crescent Line, is very close to the Curahee Country Club and Golf Course, Toccoa Falls College, Tallulah Gorge State Park and many other waterfalls and trails. The Tugaloo River Water Trail, vineyards, wineries, local farms and tours and close by access to other outdoor recreational areas and parks like Lake Hartwell and its marinas, Lake Toccoa and the Links Golf Course, Toccoa Park, etc. This property and location is suitable for a long term investment or turning it around to make your profit after renovations.This is listed in the Residential Income category on FMLS.