BEDS3
BATHS2 full
SQUARE FEET1,320
MLS#7747786
STATUS
PROPERTY TYPEResidential - Single Family
SUBDIVISIONCherry Lake
SCHOOLEllijay - Gilmer
Property Description
Own the gorgeous mountain cabin + watch it pay for itself! **$80K IN RENTAL REVENUE EACH YEAR!** Perched above the protected beauty of Rich Mountain Wildlife Management Area, 1113 Cherry Lake Drive offers breathtaking long-range mountain views and an exceptional opportunity in the heart of North Georgia. This 3 bedroom, 2 bathroom retreat features an updated contemporary kitchen, open living area anchored by a large stone fireplace, and a cozy lofted reading nook, all complemented by luxurious furnishings and sold fully turn-key. Enjoy outdoor living at its finest with a hot tub under the stars and peaceful surroundings just minutes from Downtown Blue Ridge and Ellijay. A rare opportunity to own a cash generating cabin: grossing over $80K year-over-year with proven rental history for more than the past three years, making this a true, well-oiled income-producing machine.
Property Features
Property Type: Residential - Single Family
Basement: Crawl Space, Unfinished
Basement: Yes
Cooling: Ceiling Fan(s), Central Air, Electric
Fireplaces: 1
Heating: Central, Electric
Home Style: Cabin
Lot Size: 1.18 Acres
Roof Type: Metal
Taxes: $2,804
Year Built: 1993
Feature Descriptions
Appliances: Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer
Bedroom Features: Master on Main
Days on Site: 44
Dining: Open Concept
Exterior: Log, Stone, Wood Siding
Exterior: Private Yard
Fireplace: Family Room
HOA Fee: 300/Annually
HOA Y/N: Yes
Interior: Cathedral Ceiling(s), High Speed Internet
Kitchen: Breakfast Bar, Kitchen Island
Laundry: Laundry Closet
Lot: Sloped, Wooded
Master Bath: Shower Only
Parking Notes: Parking Pad
Parking Total: 0
Road Frontage: County Road
Road Surface: Gravel, Paved
Sewer: Septic Tank
Special View Info: Mountain(s)
Utilities: Cable Available
Water: Well
Local Schools
High School: Gilmer
Middle School: Clear Creek
Elementary School: Ellijay
School District: Ellijay - Gilmer
Listed By / Shown By
Listed By
Agency Name: Mountain Sotheby's International Realty
Agency Phone: 706-222-5588
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: FMLS
Estimate Your Payment
Estimated Payment
$ 1,867.35 per month $1,444.39 Principal & Interest $233.67 Property Tax $189.29 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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1113 Cherry Lake Drive | MLS# 7747786
This single family home located at 1113 Cherry Lake Drive, Cherrylog, GA 30522 is currently listed for sale with an asking price of $649,000. This property was built in 1993 and has 3 bedrooms and 2 full baths with 1320 sq. ft. Cherry Lake Drive is located in the Cherry Lake subdivision within the Ellijay - Gilmer school district. Search Cherry Lake real estate on www.crye-leike.com today.