Stuart Wade, Envision Virtual Tours Lake Arrowhead is located approximately two miles (3 km) southwest of Waleska, Georgia, in the mountainous, west-northwestern part of Cherokee County, Georgia. Located just east-southeast of Bear Mountain, it is Georgia's second largest man-made, private lake,[1] covering about 540 acres (2.2 km2) and reaching depths of up to 80 feet (24 m). In addition to the actual lake, "Lake Arrowhead" also refers to the lake's surrounding, gated community. The community's property was bought in the 1960s and established in the early 1970s as a remote mountain retreat, but now finds itself at the edge of metro Atlanta's exurban expansion. The small valley Lake Arrowhead sits in and the surrounding community was originally known by local residents as "Lost Town," which was initially settled in the 1840s. Many descendants of the first pioneers still live nearby in the Waleska area. The private, Lake Arrowhead community consists of two lakes, Lake Arrowhead and Lake Chickasaw, has two security gates, an 18-hole golf course, a clubhouse, boat rentals, a marina, nature trails, a chapel, a community swimming pool,tennis courts and two volunteer fire departments. Additionally, the community includes condominium homes, some of which are located on the golf course, and a small, historic cemetery, which consists mostly of graves from the Puckett family, early Lost Town settlers. Currently, Lake Arrowhead is in the process of further expansion by building another 18-hole golf course, adding another fire department, building a lake pavilion, new clubhouse, restaurant, and also adding a new community area, which includes a new pool, a skate park and anamphitheatre.