556 Cherry Lake Drive
Blue Ridge, GA 30513
- 3 beds
- 3.5 baths
- 1,696 sqft
- ~1 acre lot
- $250 per sqft
- 1994 build
- – on site
This exceptional 3-bedroom, 2-bathroom short term rental in the sought-after Cherry Lake community presents a lucrative investment opportunity. Situated against the breathtaking backdrop of the Blue Ridge Mountains, this property boasts a consistent rental history, making it a valuable addition to any investor's portfolio. The home's design maximizes its natural surroundings, with expansive windows framing panoramic views and an outdoor deck that beckons relaxation and enjoyment. Inside, the main level exudes charm with 2 bedrooms, 1 bath, and a spacious great room featuring cathedral ceilings that blend rustic wood and contemporary drywall seamlessly. For added privacy and versatility, the finished basement offers an additional bedroom and full bath, catering to guests or older children. Fully furnished and complete with a separate workshop/storage shed, this property caters to tenants seeking both comfort and outdoor recreation. Conveniently located with easy access to paved roads and high-speed internet, this investment property merges the tranquility of nature with modern amenities. Don't miss out on this opportunity to capitalize on a consistently rented, high-demand rental in Cherry Lake - a great choice for the discerning investor.
Listing courtesy of GAMLS / Heather Foresman / Engel & Völkers North GA Mountains
Last checked:
Checking…
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Last updated Oct 22, 2024
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MLS# 10366553 —
The Building
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Year Built:1994
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Construction Materials:Log
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Architectural Style:Country/Rustic
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Structure Type:Cabin
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Roof:Metal
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Levels:One
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Basement:Full, Partial
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Total Finished Area:1696
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Above Grade Finished:720
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Below Grade Finished:976
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Living Area Source:Public Records
Interior
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Rooms:Bonus Room
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Interior Features:High Ceilings
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Flooring:Hardwood
Financial & Terms
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Home Warranty:No
Location
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Latitude:34.821156
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Longitude:-84.381607
The Property
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Property Type:Residential
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Property Subtype:Single Family Residence
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Property Condition:Resale
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Lot Features:Level, Sloped
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Lot:123
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Lot Size Acres:1.1
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Lot Size Source:Public Records
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Parcel Number:3104D 123
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Leased Land:No
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Land Lot:76
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View:Mountain(s), Seasonal View
Listing Agent
- Contact info:
- Agent phone:
- (706) 406-5572
- Office phone:
- (706) 406-5572
Taxes
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Tax Year:2023
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Tax Annual Amount:$2,568.70
Beds
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Bedrooms:3
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Bed Main:2
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Bed Lower Level:1
Baths
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Full Baths:3
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Main Level Full Baths:2
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Lower Level Full Baths:1
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Half Baths:1
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Upper Level Half Baths:1
Heating & Cooling
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Heating:Central
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Cooling:Central Air, Electric
Utilities
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Utilities:Cable Available, High Speed Internet
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Sewer:Septic Tank
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Water Source:Shared Well
Appliances
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Appliances:Dishwasher, Dryer, Microwave, Refrigerator, Washer
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Laundry Features:Common Area
Schools
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Elementary School:Ellijay Primary/Elementary
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Elementary Bus:Yes
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Middle School:Clear Creek
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Middle School Bus:Yes
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High School:Gilmer
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High School Bus:Yes
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District:7
The Community
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Subdivision:Cherry Lake
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Community Features:None
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Association:Yes
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Annual Association: Fee$300
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Association Fee Includes:None
Parking
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Parking Features:Off Street
Monthly cost estimate
Asking price
$425,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$2,275
|
Taxes | $214 |
Insurance | $116 |
HOA fees | $25 |
Utilities | $153 See report |
Total | $2,783/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
9/30/24
Sep 30, 2024
|
Listed / Active | GAMLS | $425,000 | |
9/28/24
Sep 28, 2024
|
Relisted | GAMLS | $425,000 | |
9/20/24
Sep 20, 2024
|
Price Changed | GAMLS | $425,000 | -7.4% |