Lake Arrowhead
Homes for Sale in Waleska, GA
True comps, carrying-cost math, and listings before the portals.
Photo courtesy of Alan Culpepper · via Georgia MLS
As of September 2026, Lake Arrowhead in Waleska, GA has 60 homes for sale and 11 pending, asking from $165,000 to $1,489,900 (median $547,450). Over the 12 months ending 2026-09-03, 110 recorded sales closed at a median of $517,775, $215 per square foot, a median 46 days on market, sellers accepting 98% of original asking (+12% versus the prior year). Homes listed or recently sold were built 1974–2026 with 35 new construction. At the median price and Cherokee County's 2025 rate of 23.1 mills, annual property tax runs about $4,780.
Homes For Sale Right Now in Lake Arrowhead
Live MLS inventory for Lake Arrowhead. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.
Active · 73 daysTop listing
Active · 1 days
Active · 26 days
Active · 1 days
Active · 5 days
Active · 0 days
Active · 0 days
Active · 4 days
Active · 21 days
Active · 34 days
Active · 56 days
Active · 60 days
Active · 51 days
Active · 16 daysActive and pending Lake Arrowhead listings as of 2026-09-09, priced high to low. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. 
Tap any home to ask about it.
Lake Arrowhead's numbers point to a market driven by condition and lot rather than a scripted amenity package. At a $215.06 median price per square foot, the spread between an updated home and one needing work is doing most of the pricing work here, not a shared clubhouse fee schedule or a standard floor plan repeated block to block.
A median of 46 days on market is a moderate pace — not a bidding-war environment, but not a sit-and-wait one either. For sellers, that means pricing to the property's actual condition matters more than pricing to the address. For buyers, it means there is room to negotiate on a home that has sat past that midpoint, but well-priced, updated listings are still moving inside a normal window.
Lake Arrowhead right now
🟢 Buyer-leaning market. 7.3 months of supply and 14% of the inventory already under contract give buyers above-average negotiating leverage.Why it matters: months of supply is how long today's inventory would last at today's sales pace; under-contract share is the portion of homes for sale that already have a buyer.Momentum Research analysis of Georgia MLS records, as of September 3, 2026. Confidence: Very High (77 active and pending listings, 110 closed sales in 12 months).
🟢 Still climbing. The trailing-12-month median ($518K) is up 11.6% from the prior 12 months ($464K).Momentum Research, record-level Georgia MLS closed sales, 12-month windows ending September 3. Confidence: Very High (110 and 148 sales in the two windows).
Jump to: Price history & scorecard · Homes for sale · Schools · FAQ
Updated September 3, 2026 · Live data: Georgia MLS, refreshed twice daily · MLS facts carry their source; interpretation lines are Momentum Research · Data sources & freshness
The 60-Second Overview
Lake Arrowhead market snapshot (as of September 3, 2026): the median sale price is about $518K ($215 per sq ft over the trailing 12 months of closed sales), a median 47 days on market for closed sales, and 7.3 months of supply, a buyer-leaning market. The trailing-12-month median is up 12% from the prior 12 months, computed from record-level Georgia MLS closed sales (110 closings in the current window).
Lake Arrowhead sits in Waleska, Cherokee County, where the current MLS snapshot shows a median price of $515,550 and a median of 46 days on market — figures that describe a community priced on the merits of individual homes rather than a uniform product line.
The setting & the homes.
Aerial and on-site photos of Lake Arrowhead. Swipe to explore the community.
Swipe or use the arrows → tap any photo to enlarge
Lake Arrowhead
Lake ArrowheadLake Arrowhead
Lake ArrowheadLake Arrowhead
Lake Arrowhead
Lake Arrowhead
Lake ArrowheadPhotos from Georgia MLS listings in Lake Arrowhead; content deemed reliable but not guaranteed.
Who Lake Arrowhead is best for.
Best for
- Buying with a plan to renovate or update, since the per-square-foot spread suggests real upside in undervalued condition.
- Trading up or down within Cherokee County and prioritizing a specific home over a specific amenity list.
- Willing to negotiate on days-on-market data rather than needing a fast, competitive-offer close.
Probably not for
- Needing a confirmed, formal amenities package (clubhouse, marina, organized recreation) as a condition of purchase.
- Wanting a uniform, builder-standard product where every home is priced the same way per square foot.
- Requiring a guaranteed fast sale timeline shorter than the current market's typical pace.
Price History: What Homes Here Have Actually Sold For
Median sale price over the trailing 12 months ending September 3 of each year, from record-level Georgia MLS closed sales. Same methodology as every appreciation figure on this page: the 2026 point ($518K) IS the median in the snapshot above, and the move from 2025 ($464K) IS the +11.6% one-year change.
Windows contain 0 to 148 sales each (110 in the current window); every figure carries its sample size. Listing data © 2026 Georgia MLS (GAMLS). Information is deemed reliable but is not guaranteed. Deemed reliable but not guaranteed.
Lake Arrowhead Market Scorecard
Lake Arrowhead is currently a buyer's market. About 7.5 months of supply, a median asking price of $544,950, and homes go under contract in about 36 days.
Go deeper: true cost calculator · affordability calculator.
Live data: realMLS, refreshed twice daily. Typical value: Zillow Research. Market metrics only; these describe homes for sale and recent sales, not residents.
Lake Arrowhead on the map.
Every active, pending, and recently sold home, plotted. Toggle the layers and tap a home for the details.
Listing locations from Georgia MLS. Map data © OpenStreetMap, tiles © CARTO.
Schools
- Cherokee County School System
- Verify the zoned schools by address
- Magnet and choice options may be available
Cherokee County School System posted a 91.8% four-year graduation rate and 41,455 students across 37 schools in 2024-25 (Governor’s Office of Student Achievement).
- R M Moore · Elementary
- Teasley · Middle
- Cherokee · High
District figures are official Georgia (GOSA) 2024-25 data. Zoned schools reflect the assignments reported on recent Lake Arrowhead listings and can change; always confirm with the Cherokee County School System for a specific address.
Buying with schools in mind? We can confirm the exact zoned schools for any Lake Arrowhead address.
The Lake Arrowhead buying strategy.
If we were buying in Lake Arrowhead today, this is the order of operations we would run for our clients.
Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.
Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.
Use your leverage. With inventory sitting, there is room to negotiate on anything dated or overpriced and to ask for repairs or a rate buydown.
Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.
Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in Lake Arrowhead.
What the numbers are actually telling you
At $215.06 per square foot, Lake Arrowhead's per-foot pricing sits in a range that rewards buyers doing real comparisons rather than assuming every listing is priced the same way. Two homes of similar size can land far apart on final price once you factor in finish level, lot, and how recently the home has been updated — which is exactly the pattern this per-square-foot figure suggests.
Current MLS listings do not surface a defined community amenities package for Lake Arrowhead, so buyers should treat any lake access, common areas, or shared facilities as something to confirm listing by listing rather than assume as a baseline. The closing activity behind this snapshot spans a 109-day window, which is a reasonable amount of market history to read trend from, but it is still a rolling picture — worth revisiting as new closings post.
The location and the amenities are priced into every listing in Lake Arrowhead. The deal is won or lost on condition, the comps, and the renovation math.
Momentum Buy Score.
Our proprietary 0 to 10 read across the factors that decide how a home in Lake Arrowhead buys, holds, and resells. Momentum Research; not an appraisal.
Momentum Intelligence Scores are our proprietary, qualitative assessment on a 0 to 10 scale, built from the record-level market data on this page. They are a framework for comparing communities, not a guarantee of future value and not advice on a specific home; unlike an automated value estimate they do not price your home, they grade the community on evidence you can inspect. Composite is the plain average of the 3 factors (6.8). Basis: Recent Direction +11.6% year-over-year; Liquidity & Demand 7.3 months of supply; Pricing Power 98.0% sale-to-list. Refreshed with each data update.
Why work with Momentum here
In a market where price per square foot varies as much as it does here, the value of a broker is in pulling the right comparables — not the nearest ones, but the ones that actually match condition and lot. We price Lake Arrowhead listings off that discipline, and we tell you directly when a listing's amenities claims need to be verified rather than assumed.
Lake Arrowhead in 15 seconds.
HOA, CDD & Fees
- HOA status not on record. Verify any dues before you offer
- Any club/amenity membership is billed separately
Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.
Tools for a Lake Arrowhead buy.
Free calculators to pressure-test the real cost before you tour.
Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed Lake Arrowhead sales matched to your home.
Price it to the comps and condition, not an automated estimate.
If you are thinking about selling in Lake Arrowhead, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.
What is your Lake Arrowhead home worth?
Get a no-obligation home value based on real comparable sales in Lake Arrowhead, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.
See all homes for sale in Waleska →
Recently off market in Lake Arrowhead
Homes in Lake Arrowhead that recently left the market. Each address opens its public-record profile: county-recorded value, property taxes, the last recorded sale, community sales history, and what is for sale nearby now. 8 on record.
- 114 Council Oak Loop · off market
- 117 Klamath Court · off market
- 118 Osage Court · off market
- 119 Red Cloud Walk #5 · off market
- 121 Bear Drive · off market
- 137 Narrows Loop · off market
- 146 Pinebrook Drive · off market
- 805 Lake Arrowhead Drive · off market
Frequently Asked Questions
What is the median home price in Lake Arrowhead?
How long do homes in Lake Arrowhead take to sell?
Is Lake Arrowhead a buyer's or seller's market right now?
Who is the best real estate agent for Lake Arrowhead?
How do I find a top Waleska real estate agent who knows Lake Arrowhead?
Can Momentum Realty connect me with an agent for Lake Arrowhead?
Should you buy in Lake Arrowhead?
An honest fit check. We will tell you when it is not your community.
Nearby Communities
Explore more neighborhoods near Lake Arrowhead with Momentum Realty’s local guides.
Data sources & freshness
| Live listings | Georgia MLS, refreshed twice daily (last: September 3, 2026) |
| Community market stats | Georgia MLS closed sales, 12-month windows ending September 3, 2026 |
| Historical depth | Closed-sale records back to 2023 (365 transactions analyzed) |
Verify the primary sources yourself: Georgia DOR · U.S. Census · FEMA flood maps.
Momentum Research figures are our own analysis of Georgia MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.
Own a home here?
You just read the data. Now see what your home is worth.
The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum will price yours against live local comps — a real number, not an algorithm’s guess.
Looking to buy here? Search homes for sale →
What’s your home worth in your area?
A real valuation with real comps from a local listing agent, not an instant algorithm. Response within one business day.