$62,553
●
Land -
Off Market
BF1 Chatuge Lane
Hayesville, NC 28904
Studio
0 Bath
$465
Est. Monthly
About This Property
3.43 acreson Crawford Branch and the headwaters of Lake Chatuge.
The property has building sites with waterfrontageon the branch
without access to the main channel.Beautiful long-range mountain
and lake views accompaniedby a gentle topography. Excellent spot
for summer kayaking or paddleboarding, plus a great fishing hole.
Paved access to the property in a walkable community.Easy access to
Hayesville and close to Ledford Chapel boat launch, and Clay
County's recreational areas.
Unit Size
-
Days on Market
192 days
Land Size
3.43 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1993
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Cap Rate
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: 7 months ago (GAMLS #10620042)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Oct 7, 2025 | Listed by RE/MAX Town & Country-Hiawassee | $94,500 | |
| Listed by RE/MAX Town & Country-Hiawassee | |||
| Jul 28, 2021 | No longer available | - | |
| No longer available | |||
| Jan 29, 2021 | Listed by Advantage Chatuge Realty | $1,500,000 | |
| Listed by Advantage Chatuge Realty | |||
| | |||
|
Great investment opportunity with this well-established property including gorgeous views overlooking the mountains & shores of Lake Chatuge! Independently owned/operated The Deerfield Inn offers an excellent high traffic location, a history of excellence, many upgrades & is offered TURN KEY! The 5+ acre site includes the 20 room inn with 1/1 manager’s apartment, 2 mobile homes all in excellent condition, a workshop, shed and ALL of the equipment necessary to operate a successful lodging business. Whether you are an investor or searching a lifestyle change away from the madding crowd, this clean, quality accommodation package may just be the cure! Great reputation and loyal following are included!
| |||
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Clay
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Listed by: Richard Kelley, RE/MAX Town & Country-Hiawassee
Last Updated: 7 months ago
Data Source: GAMLS, MLS# 10620042
Last Updated: 7 months ago
Data Source: GAMLS, MLS# 10620042
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
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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