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Property Location

166 Ponderosa Lane, Waleska GA 30183

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List Price $74,000

Units adj 1

Price / Unit $74,000

166 Ponderosa Lane Waleska, GA 30183

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Perched among some of the highest elevations in Lake Arrowhead, this exceptional lot offers panoramic mountain views and unforgettable sunsets to the west. From the street, enjoy year-round long-distance southern views stretching all the way to the Atlanta skyline. This is truly one of the most coveted remaining homesites in the community — a builder’s choice lot in the prestigious Phase One section, surrounded by incredible neighbors and timeless natural beauty. Design flexibility is a key advantage here: this lot can accommodate a variety of architectural styles, making it ideal for your dream mountain retreat or a modern custom build. Whether you're looking for quiet serenity or an active social scene, this lot combined with this neighborhood, delivers both. Lake Arrowhead is an award-winning, gated community known for its pristine 540-acre private lake, championship golf course, hiking trails, swimming pools, marina, clubhouse, vibrant pickleball scene, and so much more. Don’t miss this rare opportunity to live on top of it all.

Investment Notes — Waleska

Located in the Waleska, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Built from available FMLS income data and transparent operating assumptions · Units adjusted (LIKELY_SFR_OR_MOBILE)

Price per Unit $74,000 Verified

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario. Units adjusted (LIKELY_SFR_OR_MOBILE).

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

40%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Waleska. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Information

Suppressed (LIKELY_SFR_OR_MOBILE). Verify classification and actual numbers with the listing agent.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7614164 · Listing courtesy of RE/MAX Town and Country, Dave Pastush · 912-227-6351

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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