Lost Lake Homes with FHA Terms

Lost Lake Homes with FHA Terms

Welcome to Lost Lake, a picturesque subdivision nestled in the heart of Villa Rica, Georgia, within the serene Carroll County. This charming community offers a perfect blend of tranquility and convenience, making it an ideal place for families, retirees, and anyone looking to enjoy the beauty of suburban living.

Lost Lake is renowned for its stunning natural surroundings, featuring scenic views, lush greenery, and a tranquil lake that serves as a focal point for the neighborhood. Residents can enjoy leisurely strolls along the lakefront, picnics in the park, and a variety of outdoor recreational activities that foster a strong sense of community. The subdivision also boasts well-maintained homes, each showcasing unique architectural styles that cater to diverse tastes.

For potential homeowners, Lost Lake presents an exciting opportunity, especially with the availability of homes that qualify for FHA (Federal Housing Administration) financing. This means that first-time buyers and those with lower down payment options can find their dream home in this idyllic neighborhood without the financial strain often associated with home buying. The FHA terms make it easier to secure a mortgage, allowing more families to settle into this welcoming community.

With its convenient access to major highways, Lost Lake ensures that residents are just a short drive away from the vibrant city life of Atlanta, while still enjoying the peace and quiet of suburban living. Explore the charm of Lost Lake today and discover the perfect place to call home in Villa Rica!

Newest Lost Lake Homes with FHA Terms

$1,200,000
4 Beds 3 Baths 1541493 MLS
Set behind the gates of Lost Lake in Ooltewah, this 2022-built home offers 3,164 square feet on 5.61 wooded, lakefront acres with incredible sunset views. The thoughtfully designed layout includes four bedrooms, a dedicated office and an upstairs family or bonus room. The main-level primary suite is privately positioned opposite a second bedroom with an adjacent full bath, while two additional bedrooms are upstairs. Four garage bays include two front-loading bays on the main level and two in the walk-out basement. Step inside through the grand foyer, past a private office, where the soaring two-story great room with a gas fireplace creates an impressive first view of the home. Expansive windows fill the space with natural light, framing beautiful views of the water. The living room flows into the kitchen, centered around a spacious island with granite countertops and an adjoining pantry. A screened porch extends the living space outdoors. Privately positioned on the main level, the primary bedroom and bath offer a peaceful retreat overlooking the property. The full unfinished basement offers two garage bays, generous storage rooms and excellent potential for future finished living space, guest quarters or an in-law suite, or expansive storage and a storm shelter scenario. Additional features include a partially fenced backyard, garden beds, full-house generator system, finished basement stairwell, and a secondary driveway. At the water, a private floating dock creates a place to sunbathe, fish, launch a kayak or simply enjoy some of the prettiest sunsets in Ooltewah. Lost Lake is a private, stocked, non-motorized lake where residents can enjoy fishing, swimming, kayaking and paddleboarding. With gated access, spacious homesites and wooded surroundings, this is a rare opportunity to own a newer home with acreage, privacy and true lake frontage, all while remaining convenient to the shopping, dining and everyday amenities of Ooltewah, Harrison and Chattanooga.

10660 Lost Lake Circle, Ooltewah

Listing courtesy of Award Realty.

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.