Welcome to 562 Lakeview Drive in Rising Fawn Georgia, a fully furnished waterfront cabin positioned directly on Nickajack Lake inside The Preserve with no HOA. This property has generated more than $36,000 year to date as a successful short term rental with consistent Airbnb and VRBO bookings since 2018. For investors seeking proven income or anyone dreaming of lakeside living with mountain surroundings, this cabin offers a turnkey and rare opportunity in one of North Georgia's most peaceful and scenic environments.
Set on half an acre at the base of Lookout Mountain, the cabin greets you with a covered front porch and a feeling of retreat the moment you arrive. Inside the main level you will find the primary bedroom with an ensuite bathroom, a living room centered by a gas fireplace, an open kitchen and dining area, and a second full bathroom. The kitchen features stainless steel appliances, a kitchen island added in 2023 with seating for two, and freshly painted cabinetry that brings warmth and style to the space. The upstairs loft serves as an inviting second bedroom with additional sleeping space.
Outdoor living is where the experience becomes unforgettable. The covered back deck rests above the water with views that stretch across Nickajack Lake and toward the mountains beyond. Mornings here begin with still water and quiet sky and evenings drift into time around the firepit with the lake reflecting the stars. The primary bedroom has its own private exterior door with a landing and stairs leading directly to the outdoor space for a seamless connection between comfort and nature.
The property has undergone extensive improvements over the last several years. Roof and gutters replaced in 2021. HVAC replaced in 2022. Dishwasher added in 2021. Stove replaced in 2022. Full interior and exterior paint completed in 2023. Kitchen cabinets painted in 2023 and new kitchen island installed the same year. Both bathrooms updated in 2023. Owner/Agent All light fixtures replaced with updated selections in 2023. New furnishings professionally designed in 2023. Firepit installed in 2022. Owners closets enclosed and finished in 2023. Water heater replaced in 2025. Exterior deck stained in 2021. A new side deck and landing built in November 2025 not yet photographed. New gaming amenities added in 2023 making the cabin even more guest friendly for short term rental success. A trusted cleaner currently manages turnovers and inventory for smooth bookings and maintenance continuity.
Conveniently located less than twenty minutes to Cloudland Canyon State Park, fifteen minutes to Trenton, under thirty minutes to Chattanooga and close to Rock City, Lula Lake Land Trust, Covenant College, fishing, hiking, golf and scenic overlooks. This location has proven to keep guests returning year after year.
Offered fully furnished at $399,900. A true waterfront cabin with established income, strong ROI potential and a setting that captures everything people love about Rising Fawn.
For sale
$399,900
562 Lakeview Dr, Rising Fawn, GA 30738
2beds
1,216sqft
Est.:
Single Family Residence
Built in 1991
0.45 Acres Lot
$395,500 Zestimate®
$329/sqft
$-- HOA
What's special
- 14 days |
- 705 |
- 49 |
Likely to sell faster than
Zillow last checked: 8 hours ago
Listing updated: November 30, 2025 at 12:15am
Listed by:
Stevie S Rifenberick 423-991-1543,
Keller Williams Realty
Source: Greater Chattanooga Realtors,MLS#: 1524575
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bathroom
- Level: First
Primary bathroom
- Level: First
Bathroom
- Level: First
Dining room
- Level: First
Kitchen
- Level: First
Living room
- Level: First
Loft
- Level: Second
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Washer, Refrigerator, Microwave, Electric Range, Dryer, Dishwasher
- Laundry: Electric Dryer Hookup, In Kitchen, Laundry Closet, Main Level, Washer Hookup
Features
- Cedar Closet(s), Ceiling Fan(s), En Suite, Granite Counters, High Ceilings, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Primary Downstairs, Recessed Lighting, Separate Dining Room, Separate Shower, Smart Camera(s)/Recording, Tub/shower Combo
- Flooring: Hardwood, Tile
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 1,216
- Total interior livable area: 1,216 sqft
- Finished area above ground: 1,216
Property
Parking
- Parking features: Driveway, Off Street
Features
- Levels: One and One Half
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch, Porch - Covered, Rear Porch
- Exterior features: Fire Pit, Gas Grill
- Pool features: None
- Has view: Yes
- View description: Mountain(s), Neighborhood, Water, Other
- Has water view: Yes
- Water view: Water
- Waterfront features: Lake
Lot
- Size: 0.45 Acres
- Dimensions: 106 x 205
- Features: Back Yard, Corner Lot, Gentle Sloping, Rural, Views
Details
- Parcel number: 045 30 046 01
- Special conditions: Agent Owned,Personal Interest
- Other equipment: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cabin
- Property subtype: Single Family Residence
Materials
- Other
- Foundation: Block
- Roof: Metal
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1991
- Major remodel year: 1991
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Sewer Not Available, Water Connected, Propane, Underground Utilities
Community & HOA
Community
- Features: Fishing, Lake
- Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Rising Fawn
Financial & listing details
- Price per square foot: $329/sqft
- Tax assessed value: $199,400
- Annual tax amount: $1,734
- Date on market: 11/30/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
- Road surface type: Paved
Estimated market value
$395,500
$376,000 - $415,000
$1,337/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/30/2025 | Listed for sale | $399,900+172%$329/sqft |
Source: Greater Chattanooga Realtors #1524575 Report a problem | ||
| 8/31/2018 | Sold | $147,000-5.2%$121/sqft |
Source: | ||
| 7/31/2018 | Pending sale | $155,000$127/sqft |
Source: Premier Property Group Inc. #1281521 Report a problem | ||
| 7/28/2018 | Listed for sale | $155,000$127/sqft |
Source: Premier Property Group Inc. #1281521 Report a problem | ||
| 7/21/2018 | Pending sale | $155,000$127/sqft |
Source: Premier Property Group Inc. #1281521 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,735 +10% | $79,760 +11.3% |
| 2023 | $1,577 +8.5% | $71,680 +9.5% |
| 2022 | $1,453 +25.9% | $65,440 +26.9% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,265/mo
Principal & interest
$1918
Property taxes
$207
Home insurance
$140
Climate risks
Neighborhood: 30738
Nearby schools
GreatSchools rating
- 5/10Dade Elementary SchoolGrades: PK-5Distance: 7.2 mi
- 6/10Dade Middle SchoolGrades: 6-8Distance: 7.1 mi
- 4/10Dade County High SchoolGrades: 9-12Distance: 6.3 mi
Schools provided by the listing agent
- Elementary: Dade County Elementary
- Middle: Dade County Middle
- High: Dade County High
Source: Greater Chattanooga Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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