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$349,999
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Property Description
Turnkey Hiawassee home only 1 mile from Lake Chatuge and Mayor's Park in the North Georgia Blue Ridge Mountains! Situated on 0.76 wooded acres with NO HOA. This move in ready 2,110 sq ft home offers 2 bedrooms + a sun filled bonus/flex room, 2 baths, and all living on one level with master on main. Nearly $50,000 in improvements and upgrades have been completed within the last year. These include a NEW roof, heat pump, water heater, appliances, luxury LVP flooring, and more. Major investments are already completed for the next owner. Step inside to an inviting open floor plan with a spacious great room and cozy gas log fireplace. The open kitchen features a center island and flows naturally into the living space, creating a welcoming setting for everyday living and entertaining. The wraparound porch includes a screened section for enjoying the peaceful wooded mountain setting. Outside, a dedicated fire pit area provides an inviting space for relaxing around a fire on cool mountain evenings. The basement level garage offers parking and additional storage. Lake Chatuge access and a public boat ramp are only one mile away. Enjoy boating, kayaking, trout fishing, hiking and exploring the North Georgia Blue Ridge Mountains. Downtown Hiawassee is less than five minutes away, with shopping, dining, antique shops and antique malls, farmers market, hospital, breweries and wineries nearby. Enjoy easy access to Lake Chatuge marinas and waterfront dining, along with some of the area's most sought after attractions and events, including Bell Mountain, Hamilton Gardens, the Georgia Mountain Fairgrounds, concerts and live music at Anderson Music Hall. Brasstown Bald and Appalachian Trail access are also within easy reach. Peaceful, private and tucked away in the mountains, yet remarkably convenient to many of the area's most desirable attractions, recreation and amenities, this property offers the best of both worlds. Whether you're looking for full time living, a second home, mountain or lake getaway, vacation home, Airbnb or VRBO potential, or long term rental, 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: $349,999
- Taxes: $416 (2025)
- Status: Active
- Type: Single Family
- Source: GAMLS_Atlanta
- MLS ID: 10825211
- Updated: 8/21/2026
- Added to Site: 11 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
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 $349,999 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.

