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$345,900
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Property Description
North Georgia Blue Ridge Mountain retreat close to Lake Chatuge in Hiawassee, GA. One of Georgia's most beloved mountain towns. This move-in-ready 2 bedroom home with a sun-filled bonus/flex room and 2 baths offers 2,110 sq. ft. on .76 private wooded acres. UNRESTRICTED property, NO HOA, Airbnb/VRBO potential, peaceful mountain and lake-area living, with a location less than one mile from Mayor's Park, Lake Chatuge, and a public boat ramp. Tucked away in a peaceful setting, yet less than five minutes from downtown Hiawassee, the heartbeat of the area. This home offers the privacy, accessibility, convenience, and location buyers love in the North Georgia mountains. Inside, enjoy an open floor plan with a spacious open floor plan, gas log fireplace, large kitchen with island, desirable one-level living, primary/master bedroom on the main level, basement-level garage, and easy storage for lake gear, kayaks, tools, or outdoor equipment. The kitchen flows into the living and dining areas, creating a comfortable space for everyday living and entertaining. This home has benefited from major improvements within the last year, giving buyers the advantage of significant updates already completed. Updates and upgrades include a NEW roof, heat pump, water heater, appliances, luxury LVP flooring, and more. This turnkey home is a wonderful option for buyers wanting a mountain home, lake-area getaway, second home, full-time residence, vacation getaway, retirement-friendly retreat, or flexible mountain property without the need to take on major projects. Step outside to the wraparound porch with a screened section and enjoy quiet mornings, cool mountain evenings, and peaceful wooded surroundings. Gather around the designated fire pit area, unwind under the stars, or take a short drive to Lake Chatuge for boating, fishing, kayaking, swimming, and sunset views. Enjoy quick access to Lake Chatuge, The Ridges Marina, Georgia Mountain Fairgrounds and concerts, Bell Mountain, Brasstown Bald, hiking trails, waterfalls, farmers market, antique shops, shopping, dining, breweries, wineries, fall festivals, apple orchards, scenic mountain drives, medical facilities, and everyday necessities. Spend the day boating on Lake Chatuge, kayaking, fishing, exploring North Georgia waterfalls, visiting apple orchards, enjoying fall festivals, taking scenic mountain drives, hiking in the Blue Ridge Mountains, or relaxing in downtown Hiawassee. Then return home to the screened porch, fire pit, wooded privacy, and peaceful rhythm of a true Hiawassee mountain retreat. Enjoy the tranquility of the North Georgia mountain lifestyle while remaining close to the experiences that make Hiawassee and Lake Chatuge such a special place!
Full Property Details
Full Property Details for 557 Grayce Ln
General
- Price: $345,900
- Taxes: $416 (2025)
- Status: Active
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10825211
- Updated: 9/28/2026
- Added to Site: 58 day(s) ago
Interior
- Rooms/Areas: Bonus Room
- Interior Features: Master On Main Level, Tile Bath
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Dishwasher, Oven/Range (Combo)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Main - Full Baths: 2
Bedrooms
- Total Bedrooms: 2
- Bedrooms Main: 2
Other Rooms
- Laundry: In Basement
Parking
- Parking Features: Garage
Location
- County: Towns
- Driving Directions: From the Hiawassee McDonald's go East on Highway 76 for 3 miles, turn left on Shake Rag Rd (At Lakeside Gas Station), Go .6 of a mile, Turn right on Road 1950, Quick Right on Bocon, Left at mailboxes onto Grayce Lane. Go uphill and you will arrive at 557 Grayce Lane on the left. No yard sign
School Information
- Elementary School: Towns County
- Middle School: Towns
- High School: Towns
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central
Utilities
- Water/Sewer: Septic Tank
Structural Information
- Architectural Style: Ranch, Traditional
- Construction Status: Resale
- Basement: Yes
- Basement Desc.: Partial, Unfinished
- Roof: Composition
- Stories/Levels: One
- Living Area: 2,110 Sq. Ft.
- Finished Total: 2,110 Sq. Ft.
- Finished Above Grnd: 2,110 Sq. Ft.
- Unfin. Below Grnd: 703 Sq. Ft.
- Year Built: 2003
Lot Features
- Lot Size (Acres): 0.76
- Lot Size Range: .76
- Lot Size Source: Public Records
- Lot Description: Private
Financial Considerations
- Tax Amount: $416
- Tax Year: 2025
Listing Courtesy of: Maximum One Premier Realtors
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Schools
Schools serving 557 Grayce Ln
School District:Towns County School District
| Name | Grades | Distance |
|---|---|---|
Towns County Elementary School 1150 Konahetah Road, Hiawassee, GA 30546 | PK-5 | 0.7 mi |
Towns County Middle School 1400 U.S. 76, Hiawassee, GA 30546 | 6-8 | 0.7 mi |
Towns County High School 1400 U.S. 76, Hiawassee, GA 30546 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 557 Grayce Ln
Date
Details
Price
Change
Source
9/25/2026
Price Reduced
$345,900
-0.57%
MLS
9/10/2026
Price Reduced
$347,900
-0.6%
MLS
8/11/2026
Listed
$349,999
27.27%
MLS
11/05/2025
Sold
$275,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 557 Grayce Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$416
-13%
$123,475
1%
2024
$477
-8%
$122,282
15%
2023
$521
-59%
$106,118
16%
2022
$1,269
144%
$91,716
36%
2023
$521
-17%
$67,340
11%
2021
$624
1%
$60,648
5%
2020
$615
2%
$57,885
—
2019
$605
-2%
$57,724
6%
2018
$619
1%
$54,444
—
2017
$615
—
$54,444
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 557 Grayce Ln
557 Grayce Lane, Hiawassee, GA 30546 (MLS# 10825211) is a Single Family property with 2 bedrooms and 2 full bathrooms. 557 Grayce Lane is currently listed for $345,900 and was received on August 11, 2026. Want to learn more about 557 Grayce Lane? Do you have questions about finding other Single Family real estate for sale in Hiawassee? You can browse all Hiawassee real estate or contact a Coldwell Banker agent to request more information.

