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Gilmer 30540
121 Farmstead Road
Listing Courtesy of: Tracy Krohn, Keller Williams Elevate
$365,000
● House - Off Market

121 Farmstead Road

Ellijay, GA 30540
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,740 Ft²
$2,029
Est. Monthly
$42
HOA / Fees
3.44%
Cap Rate

About This Property

**INCOME-GENERATING APARTMENT** Rustic Mountain Cabin with Additional Income Generating Apartment! Tucked into a peaceful, forest-like setting, this fully furnished log-sided cabin offers 1,740 square feet of thoughtfully designed living space and more charm than meets the eye. Located in Still Waters-a small, established community just 10 minutes from Ellijay and nestled at the foothills of the Cohutta Mountains-this property combines natural privacy with easy access to town. Inside, the warmth of wood plank walls, exposed beams, and vaulted ceilings creates a welcoming retreat. A freestanding gas stove anchors the main living area, while a balcony-style loft above offers flexible space for a third bedroom, office, or creative studio. There are two full bedroom suites-one on the main level and one in the finished daylight basement-each with its own full bath. The lower-level suite includes a private entrance, patio access, full kitchen, and laundry area, making it ideal for guests, in-laws, extended stays, or as a separate apartment. Short-term rentals are allowed, offering flexibility for those interested in income potential or dual-use living. Outside, enjoy the soothing sounds of the creek, a small pond with dock, a fire pit, and plenty of space to relax or explore. A rocking chair front porch, covered rear porch, metal roof, utility shed, and ample parking complete the picture. This hidden gem offers a rare blend of rustic character, modern convenience, and flexible living options-all in a scenic mountain setting.
Unit Size
1,740 Ft²
Days on Market
-
Land Size
1.03 acres
Price per sqft
$229
Property Type
House
Property Taxes
$28
HOA Dues
$42
Year Built
1999

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Last updated: 6 months ago (FMLS #7573739)

Price History

Date / Event Date Event Price
Aug 29, 2025 Sold
Sold
Aug 15, 2025 In contract -
In contract
Jul 26, 2025 Price Decreased $399,000
↓ $40K (9.1%)
Price Decreased
Jul 3, 2025 Price Decreased $439,000
↓ $60K (12%)
Price Decreased
May 2, 2025 Listed by Keller Williams Elevate $499,000
Listed by Keller Williams Elevate
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Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 9
  • Interior Walls Type: 10
  • Roof Shape Type: 7
  • Roof Cover Type: 5
  • Floor Count: 100
  • Floor Cover: 15
  • Basement Type: 9
  • Basement Area: 630
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,867
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: E

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STILL WATERS
  • Land Acres: 0000001030
  • Standard Land Use Code: 1001
  • County Land Use Code: 1
  • Legal Description 1: LT 26 STILL WATERS

Neighborhood

  • School District Name: Gilmer County School District
  • School Tax School District: COUNTY
  • Census Tract: 080200

Zoning

  • Zoning: R1

Geography

  • Account Number: 28890
  • District: 10
  • Parcel: 3033C 027
  • Lot: 4
  • Municipality: SCHOOL
  • Latitude: 34.7472
  • Longitude: -84.5658

    Address

  • Full Address: 121 Farmstead Rd
  • Address - House Number: 121
  • Address - Street Name: Farmstead
  • Address - Suffix Type: Rd
  • State: GA
  • City Name: Ellijay
  • Carrier Code: R006
  • 4-Digit Zip Code: 0875
  • Zip Code: 30540

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $154,548
  • Tax Rate Code Area: COUNTY

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 358,110
  • High Value: 451,691
  • Low Value: 264,530

    Market Valuation

  • Market Total Value: $299,600
  • Market Land Value: $24,500
  • Market Improvement Value: $275,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,840
  • Assessed Land Value: $9,800
  • Assessed Improvements Value: $110,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 20, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019-003019
  • Previous Sale Recording Date: Dec 17, 2012
  • Previous Sale Contract Date: Dec 17, 2012
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Gilmer


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Frequently Asked Questions

When was property at 121 Farmstead Road built and last sold?
The property at 121 Farmstead Road was built in 1999 and last sold on Nov 20, 2019 for $169,850.
How much is this home worth?
The estimated value of the home located at 121 Farmstead Road is $0.
What are some comparable homes to 121 Farmstead Road?
There are currently no comparable homes to 121 Farmstead Road.