Set among some of Big Canoe's most distinguished homes in the
sought-after Wildcat neighborhood, 188 Bluestern Drive is entirely
at home in its exceptional surroundings. Custom built in 2007 and
subsequently renovated from top to bottom, this beautifully
finished residence combines the character of a true custom home
with a sophisticated, current interior. The present owners have
continued that standard with extensive additional improvements.
Natural light, vaulted ceilings, exposed beams and stone
fireplaces bring warmth and architectural character, with mountain
views providing a beautiful backdrop. The exceptional kitchen
features Wolf and Sub-Zero appliances, MSI quartz, custom
cabinetry, a generous island and walk-in pantry. Four spacious
bedrooms each have an ensuite bath, including the rare advantage of
two primary suites on the main level. A screened porch with
fireplace creates a wonderful outdoor living room, while the
terrace level offers additional living and entertaining space, a
handsome wet bar, dedicated wine and spirits storage, flexible
rooms and exceptional storage. Recent improvements include two
replaced heat pumps with dehumidifiers, a whole-house generator,
SONOS sound and Level 2 EV charging. A three-car garage completes
the property. Sophisticated without being ostentatious and
substantial without losing its warmth, this is mountain living
without compromise. Big Canoe offers a resort-like lifestyle
with three incredibly beautiful golf courses, tennis and
pickleball, trails, lakes, fitness and wellness amenities, and
exceptional clubhouse dining-all within the North Georgia
mountains. *Some photos were enhanced virtually. Every effort was
made to show this exquisite home accurately. It truly is stunning!
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: Beamed Ceilings, Bookcases, Double Vanity, High Ceilings, In-Law Floorplan, Soaking Tub, Walk-In Closet(s), Wet Bar, Master On Main Level, Separate Shower, Split Bedroom Plan
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