View All Photos
CARTECAY RIVER FRONT | 4BR + OFFICE/BONUS | 3.5BA | 3.32 UNRESTRICTED ACRES | NO HOA | $85K-$115K+ STR PROJECTION! RARE opportunity situated on **3.32 ACRES** with approximately **129 FT OF CARTECAY RIVER FRONTAGE** & a BEAUTIFUL FLAT, USABLE AREA ALONG THE RIVER-perfect for a fire pit, entertaining, fishing, tubing & enjoying the water! 105 River Edge has been extensively refinished by a highly reputable local builder, offering the feel of a LIKE-NEW HOME with major improvements including electrical, HVAC/ductwork, insulation, roof, windows, sheetrock, flooring, lighting & more. The spacious layout offers 1 BEDROOM & 1.5 BATHS ON THE MAIN, 2 BEDROOMS & 1 BATH UPSTAIRS, plus 1 BEDROOM, 1 BATH, OFFICE/BONUS ROOM & large game/family room on the finished terrace level. Inside, enjoy vaulted ceilings, GENUINE WHITE OAK HARDWOOD FLOORS, gas-log fireplace & an open kitchen with granite countertops, stainless appliances, island & pantry. The OVERSIZED COVERED PARTY DECK overlooking the Cartecay River features a WOOD-BURNING FIREPLACE, TV/fan wiring & reinforcement for a future hot tub-an incredible space for relaxing & entertaining while listening to the river below. Additional highlights include ALL-PAVED ACCESS, detached 2-CAR GARAGE/WORKSHOP/STORAGE BUILDING, abundant parking, HIGH-SPEED FIBER-OPTIC INTERNET, seasonal mountain views & potential additional homesite. Investors: estimated STR gross revenue projection of approximately $85K-$115K+ annually, with potential for more by adding a hot tub, riverfront fire pit & additional outdoor amenities. Located on the desirable EAST SIDE OF ELLIJAY near Downtown Ellijay, wineries, apple orchards, hiking trails, Amicalola Falls & endless North Georgia recreation. NO HOA & NO RESTRICTIONS! Ideal for a FULL-TIME RIVERFRONT HOME, SECOND HOME OR VACATION RENTAL INVESTMENT. Qualifying Gilmer County homeowners age 65+ may be eligible for a school property tax exemption.
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 2023 GAMLS. All rights reserved.
Provided By
Listed by Emily Reece (#REECEEMILY)
Listing Office: Ansley RE|Christie's Int'l RE (#RXTW03)

Get an estimate on monthly payments on this property.
The Coast & Country team will respond promptly to your inquiry.