$2,399,000
●
House -
In Contract
355 Old Camp Loop
Morganton, GA 30560
5 Beds
5 Baths,
1
Half Bath
3,842 Ft²
$12,426
Est. Monthly
$217
HOA / Fees
About This Property
Check out this timeless Keith Sumner home, designed for lake living
at its very finest. This floor plan easily allows for privacy for
large groups, including every kid's dream: a bunk room with 6 bunk
beds! The lake access is perfect for paddleboarding, canoeing,
kayaking, and swimming. The water depth is ideal, with no
tremendous amount of boat traffic. Not in the mood to be at the
lake? Enjoy relaxing in the hot tub or snuggling up around the fire
pit. You couldn't ask for a more beautifully decorated home, and
furnishings that are negotiable. This could be a complete turnkey
experience. HOA annual fee of $2600.00 covers costs of road
maintenance, community water, and dock maintenance.
Unit Size
3,842 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$624
Property Type
House
Property Taxes
$429
HOA Dues
$217
Year Built
-
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 days ago (GAMLS #10806628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Price Decreased |
$2,399,000
↓ $400K
(14.3%) | |
| Price Decreased | |||
| Jul 9, 2026 | Listed by Coldwell Banker High Country | $2,799,000 | |
| Listed by Coldwell Banker High Country | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Has Carport
Parking Features: Carport, Detached, Off Street
Interior Details
Half Bathrooms: 1
Full Bathrooms: 5
Interior Features: Double Vanity, High Ceilings, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Master On Main Level, Separate Shower
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Flooring Type: Hardwood, Stone
Laundry Features: In Basement, Laundry Closet
Has Fireplace
Fireplace Features: Basement, Family Room, Gas Log, Gas Starter, Living Room, Outside
Fireplaces: 4
Basement: Daylight, Exterior Entry, Finished, Full, Bath Finished
Exterior Details
Square Footage: 3842
Square Footage Source: $0
Security Features: Gated Community, Security System, Smoke Detector(s)
Property Condition: Resale
Architectural Style: Adirondack
Year Built: 2011
Waterfront Features: Lake Front, Seawall, Deep Water Access, Dock Rights, Floating Dock, Private, Swim Dock, Utility Company Controlled
Levels: Three Or More
Window Features: Double Pane Windows
Construction Materials: Stone, Wood Siding
Patio and Porch Features: Deck, Patio, Porch
Lot Features: Level, Sloped
Lot Size Area: 65340
Lot Size Units: Square Feet
Lot Size Acres: 1.5
Lot Size Square Feet: 65340
Water Source: Well
Financial Details
Tax Annual Amount: $5,149
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Heat Pump
Heating Type: Central, Electric, Heat Pump, Wood
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Water, Private Roads
HOA Fee: $2,600
HOA Fee Frequency: Annually
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Fannin
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Listed by: Paige Peugh, Coldwell Banker High Country
Last Updated: 3 days ago
Data Source: GAMLS, MLS# 10806628
Last Updated: 3 days ago
Data Source: GAMLS, MLS# 10806628
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Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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