$824,900
●
House -
For Sale
105 Riveredge Drive
Ellijay, GA 30536
4 Beds
3 Baths,
1
Half Bath
2,761 Ft²
$4,431
Est. Monthly
About This Property
CARTECAY RIVERFRONT | 3.32 UNRESTRICTED ACRES | APPROX. 129 FT
RIVER FRONTAGE | ENTIRE HOME COMPLETELY REMODELED | 4BR +
OFFICE/POTENTIAL 5TH BEDROOM | 3.5BA | $85K-$115K+ STR PROJECTION!
RARE OPPORTUNITY to own a COMPLETELY REMODELED RIVERFRONT RETREAT
w/ HUGE, FLAT & USABLE YARD, NO HOA & NO REPORTED DEED
RESTRICTIONS! Minutes from Downtown Ellijay! ENTIRE HOME COMPLETELY
REMODELED BY A LOCAL BUILDER w/ REPLACED HVAC & DUCTWORK,
2-YEAR-OLD ROOF & WATER HEATER, NEW ELECTRICAL, WINDOWS,
INSULATION, SHEETROCK, FLOORING, UPDATED FIXTURES, FRESH
INTERIOR/EXTERIOR PAINT & WATER FILTRATION SYSTEM! Interior
features GENUINE WHITE OAK HARDWOOD FLOORS, VAULTED CEILINGS,
GAS-LOG FIREPLACE & kitchen w/ GRANITE COUNTERTOPS, STAINLESS
APPLIANCES, GAS STOVE, ISLAND & PANTRY! MAIN LEVEL offers
1BR/1.5BA, including PRIMARY SUITE w/ WALK-IN CLOSET, DUAL VANITIES
& LAUNDRY. UPSTAIRS features 2BR/1BA + LOFT. FINISHED TERRACE LEVEL
offers 1BR/1BA, PRIVATE OFFICE/POTENTIAL 5TH BEDROOM, GAME/FAMILY
ROOM, 10-FT CEILINGS & LVP FLOORING! MASSIVE COVERED RIVERFRONT
PARTY DECK w/ REAL STACKED-STONE WOOD-BURNING OUTDOOR FIREPLACE W/
GAS STARTER, TV/FAN WIRING & ELECTRICAL FOR FUTURE HOT TUB! RELAX
ON YOUR PORCH BY THE WOOD-BURNING FIREPLACE & HEAR THE SOOTHING
SOUNDS OF THE CARTECAY RIVER! Enjoy APPROX. 129 FT DIRECT RIVER
FRONTAGE w/ RARE, HUGE, FLAT & USABLE RIVERFRONT YARD, perfect for
ENTERTAINING, OUTDOOR GAMES & RELAXING BY THE WATER! FISHING,
TUBING, KAYAKING & EXISTING TROUT FEEDER! Additional features
include 30x40 DETACHED GARAGE/OUTBUILDING BUILT IN 2018 W/ POWER &
CONCRETE FLOOR-IDEAL FOR VEHICLE PARKING, WORKSHOP, TOOL &
EQUIPMENT STORAGE, HOBBIES, ATVS, BOATS & MORE! ALL-PAVED ROADS &
DRIVEWAY, HIGH-SPEED ETC FIBER-OPTIC INTERNET AVAILABLE, SEASONAL
MOUNTAIN VIEWS & POTENTIAL ADDITIONAL HOMESITE! NO HOA & NO
REPORTED DEED RESTRICTIONS! EST. $85K-$115K+ ANNUAL GROSS STR
POTENTIAL! PERFECT FULL-TIME HOME, PART-TIME GETAWAY,
MULTIGENERATIONAL RETREAT OR VACATION RENTAL INVESTMENT! Minutes to
WINERIES, ORCHARDS, HIKING & AMICALOLA FALLS! RARE TO FIND THIS
MUCH USABLE RIVERFRONT LAND W/ A COMPLETELY REMODELED HOME!
SCHEDULE YOUR SHOWING TODAY! Rental projections not guaranteed; STR
use subject to local regulations.
Unit Size
2,761 Ft²
Days on Market
19 days
Land Size
3.32 acres
Price per sqft
$299
Property Type
House
Property Taxes
$380
HOA Dues
-
Year Built
1999
Listed By
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100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 8 days ago (GAMLS #10878067)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Listed by RE/MAX Town & Country | $824,900 | |
| Listed by RE/MAX Town & Country | |||
| Sep 15, 2025 | Price Decreased |
$799,000
↓ $21K
(2.6%) | |
| Price Decreased | |||
| Aug 13, 2025 | Price Decreased |
$820,000
↓ $29K
(3.4%) | |
| Price Decreased | |||
| Jun 24, 2025 | Listed | $849,000 | |
| Listed | |||
| | |||
|
Welcome to this dream riverfront retreat, a stunning 4-bedroom, 3.5-bathroom home that has been completely transformed into a modern masterpiece. Nestled on the bank of the Cartecay River, this home seamlessly blends nature and luxury. The winding driveway ushers you down to your Riverside oasis, where a detached garage offers versatile space that could easily be used as a workshop. Upstairs, you'll find two spacious bedrooms, a full bathroom, and a cozy nook perfect for a TV setup or reading corner. The main level features an open-concept design where the kitchen flows into the dining and living areas. With modern appliances and beautiful countertops. The kitchen is perfect for cooking and entertaining. The living room is anchored by a beautiful stone fireplace, adding a cozy touch to the space. The master suite on the main level offers a sanctuary with a luxurious glass walk-in shower, double vanity, and a large walk-in closet. Windows galore in both the master suite and dining room provide stunning river views, while the balcony offers an ideal spot for relaxing in nature. The fully finished basement adds extra living space, featuring another bedroom, bonus room, and a second modern glass walk-in shower. With direct access to a large deck equipped with another stone fireplace and room for a hot tub, the basement offers a perfect space for entertaining or enjoying peaceful riverfront evenings.
| |||
| Mar 5, 2025 | Price Decreased |
$849,000
↓ $26K
(3%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Parking Features: Detached, Garage
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Walk-In Closet(s), Master On Main Level
Appliances: Cooktop, Dishwasher, Microwave, Refrigerator
Flooring Type: Hardwood, Tile, Vinyl
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Family Room, Gas Log, Living Room, Outside
Fireplaces: 2
Basement: Finished, Full
Exterior Details
Square Footage: 2761
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Bungalow, Ranch, Traditional, Country/Rustic
Year Built: 1999
Waterfront Features: Floating Dock, Private
Levels: Three Or More
Window Features: Storm Window(s)
Construction Materials: Other
Patio and Porch Features: Deck, Patio
Lot Features: Level
Lot Size Area: 144619.2
Lot Size Units: Square Feet
Lot Size Acres: 3.32
Lot Size Square Feet: 144619.2
Water Source: Well
Financial Details
Tax Annual Amount: $4,558
Utilities Details
Cooling Type: Central Air
Heating Type: Central
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Gilmer
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Listed by: Emily Reece, RE/MAX Town & Country
Last Updated: 8 days ago
Data Source: GAMLS, MLS# 10878067
Last Updated: 8 days ago
Data Source: GAMLS, MLS# 10878067
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 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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