Experience the pinnacle of mountain living on this extraordinary
5.75-acre estate situated at a rare 3,300-foot elevation, offering
crisp air and cool summers. The grounds are a masterpiece of native
landscaping featuring established rhododendrons and azaleas
surrounding two private ponds fed by a cascading stream and
waterfall. A short walk leads to the trailhead for Rabun Bald
(Georgia's second-highest peak), offering access to thousands of
acres of National Forest and the historic Bartram Trail. Enjoy
stunning western sunsets over the valley and direct views of Rabun
Bald from your own private "walkabout" yard. Whether it's s'mores
by the firepit, fishing in your own ponds, or hitting the links at
the nearby Sky Valley Golf Course, this is luxury living that feels
like year-round summer camp. A paved driveway leads to an
impressive drive-through porte-cochere and grand mahogany and
wrought iron entrance. Inside, the home reveals the unmatched
craftsmanship of Gillespie's Cabinet Shop throughout. The chef's
kitchen features a massive "stand-up" height island with a built-in
appliance lift and professional-grade appliances, including a 48"
six-burner gas cooktop, KitchenAid double convection ovens, a
commercial-size refrigerator/freezer, and a built-in ice machine.
Designed for longevity and accessibility with a wheelchair ramp,
the main floor hosts a spacious Master Suite with fireplace, a
Guest Suite, home office, sewing room, and a formal dining room
with a built-in buffet. Upstairs features three large suites-two
with private bonus rooms and lofts. The daylight basement is an
entertainer's dream, featuring a guest suite, bunk room, and
dedicated spaces for a home theater, gym, and billiards, all
opening to a lower porch with a hot tub overlooking the waterfall.
The basement level also includes a massive 5-car garage, workshop,
and storage, while a separate driveway serves a dedicated covered
RV parking spot. NEW ROOF & NEW HEAT PUMP (DEC 2025). Situated
adjacent to Sky Valley, (Rabun County Taxes only!) with mountain
views and cool temperatures and just minutes from snow tubing, the
alpine coaster, zip-lining (Highlands Outpost and Highlands Aerial
Park) premier dining of Highlands, Clayton, Dillard, Sky Valley,
High Holly Vineyard, wonderful Julep Farms and #18 ranked school in
the nation for 2022, Rabun Gap Nacoochee School. 15 minutes to
Highlands and 20 minutes to Clayton. You'll never want to leave!
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.
Interior Features: Bookcases, Vaulted Ceiling(s), High Ceilings, Beamed Ceilings, Walk-In Closet(s), Two Story Foyer, Separate Shower, Tile Bath, Whirlpool Bath, Master On Main Level
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