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142 Bear Lake Drive

Blue Ridge, GA 30513

6 beds
4.5 baths
– sqft
~3 acre lot
1991 build
– on site

"THIS PRICE INCLUDES TWO CABINS WITH STRONG RENTAL INCOME HISTORY" 142 Bear Lake Drive and 136 Bear Lake Drive are being sold together. Welcome to your own slice of paradise nestled in the Cherry Log Mountain community! The combination of these two unique properties boasts 5 acres of tranquil beauty, situated along 800+ feet of Cherry Log Trout Creek with its very own private lagoon, stocked private lake, covered bridge, and three secluded islands. Step inside to discover two charming private cabins offering a perfect blend of rustic charm and modern convenience. The highlight of these cabins is the massive primary bedrooms flooded with natural light from numerous windows, creating a serene oasis for relaxation. Cozy up by the stack stone fireplaces on chilly evenings or step outside onto the back porch to unwind in the soothing hot tub. The open-concept living area provides a seamless flow between the kitchen, dining, and living spaces, ideal for entertaining guests or simply enjoying quality time with loved ones. The kitchen features stainless steel appliances, adding a touch of elegance to the rustic ambiance. Conveniently located just 10 minutes away from both Blue Ridge and Ellijay, this property offers the perfect balance of privacy and accessibility to amenities and attractions. Whether you're seeking a weekend getaway, a short-term rental business or a permanent residence, this property offers endless possibilities for creating cherished memories in the heart of nature. These properties will generate $170-200k annually with rental income, with a very high occupancy rate. The location is the best in all of Blue Ridge. Don't miss out on the opportunity to make this idyllic retreat or turn-key successful cabin rental business your own!

Listing courtesy of GAMLS / Blake Coty / Keller Williams Rlty. Partners

Last checked: Checking… • Last updated Oct 18, 2024 •

MLS# 10377262 —

The Building

Year Built:

1991
Construction Materials:

Wood Siding
Architectural Style:

Country/Rustic
Structure Type:

Cabin
Roof:

Composition, Metal
Levels:

One
Common Walls:

No Common Walls
Basement:

None
Foundation Details:

Pillar/Post/Pier
Window Features:

Double Pane Windows
Patio And Porch Features:

Deck, Patio
Living Area Source:

Public Records

Interior

Rooms:

Den, Family Room, Loft, Other, Sun Room
Interior Features:

Rear Stairs, Vaulted Ceiling(s)
Kitchen Features:

Breakfast Bar, Pantry
Flooring:

Hardwood, Stone
Security Features:

Smoke Detector(s)
Total Fireplaces:

4
Fireplace Features:

Family Room, Living Room, Master Bedroom

Financial & Terms

Home Warranty:

No

Location

Latitude:

34.817239
Longitude:

-84.367581

The Property

Property Type:

Residential
Property Subtype:

Single Family Residence
Property Condition:

Resale
Lot Features:

Level, Private
Lot:

5-12
Lot Size Acres:

3.1
Lot Size Source:

Public Records
Parcel Number:

3118E 011
Leased Land:

No
Land Lot:

103
Frontage Type:

Lakefront, River
View:

Lake, River
Exterior Features:

Dock
Waterfront Footage:

2500
Waterfront Features:

Creek, Pond
Total Dock Slips:

1

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$3,690

Beds

Bedrooms:

6
Bed Main:

5
Bed Upper Level:

1

Baths

Full Baths:

4
Main Level Full Baths:

4
Half Baths:

1
Main Half Baths:

1

Heating & Cooling

Heating:

Central
Cooling:

Ceiling Fan(s), Central Air, Electric

Utilities

Utilities:

Cable Available, Electricity Available, High Speed Internet, Water Available
Electric:

220 Volts, Generator
Sewer:

Septic Tank
Water Source:

Private, Shared Well

Appliances

Appliances:

Dishwasher, Dryer
Laundry Features:

Laundry Closet

Schools

Elementary School:

Ellijay Primary/Elementary
Middle School:

Clear Creek
High School:

Gilmer
District:

7

The Community

Subdivision:

Cherry Log Mountain Community
Community Features:

None
Association:

Yes
Annual Association: Fee

$300
Association Fee Includes:

Other

Parking

Parking Features:

Carport

Extra Units

Other Structures:

Garage(s)

Monthly cost estimate

Asking price

$1,950,000

Expense	Monthly cost
Mortgage	$10,441
Taxes	$307
Insurance	$536
HOA fees	$25
Utilities	N/A
Total	$11,309/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
10/15/24 Oct 15, 2024	Price Changed	GAMLS	$1,950,000	-11.4%
9/24/24 Sep 24, 2024	Price Changed	GAMLS	$2,200,000	-12.0%
9/13/24 Sep 13, 2024	Listed / Active	GAMLS	$2,500,000	2327.2% (187.1% / YR)

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This house located in GA 30513 is currently for sale for $1,950,000. 142 Bear Lake Drive is a – square foot house with 6 beds and 4.5 baths that has been on Estately for 72 days. This house is in the attendance area of Ellijay Primary School, Gilmer High School, Gilmer Middle School, Ellijay Elementary School, and Clear Creek Middle School.

Listing Courtesy of: GAMLS and Keller Williams Rlty. Partners.

© 2024 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. GAMLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser GAMLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.