$420,000
●
House -
In Contract
235 Parnell Drive
Ellijay, GA 30540
3 Beds
2 Baths
1,200 Ft²
$2,157
Est. Monthly
$90
HOA / Fees
About This Property
Welcome to your perfect mountain getaway! This charming 3-bedroom,
2-bath home offers beautiful SEASONAL MOUNTAIN VIEWS and a warm
blend of modern comfort with country-rustic charm. Wood finishes,
an inviting open-concept layout, and a comfortable floor plan
create the perfect space to relax, entertain, and enjoy mountain
living. Whether you're looking for a forever home, retirement
retreat, vacation getaway, or income-producing rental, this
property offers incredible versatility. Located in the sought-after
Coosawattee River Resort, you'll have access to an impressive array
of amenities and recreational opportunities, all while being just
15 minutes from downtown Ellijay. Enjoy the best of peaceful
mountain living with convenient access to shopping, dining, outdoor
adventures, and everything town has to offer. Come see why this
could be the mountain home you've been waiting for!
Unit Size
1,200 Ft²
Days on Market
-
Land Size
1.02 acres
Price per sqft
$350
Property Type
House
Property Taxes
$4
HOA Dues
$90
Year Built
-
Listed By
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Cap Rate
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: 19 days ago (GAMLS #10837907)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2026 | Price Decreased |
$420,000
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Sep 1, 2026 | Listed by Local Realty | $425,000 | |
| Listed by Local Realty | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Parking Features: None
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, High Ceilings, Vaulted Ceiling(s), Master On Main Level, Pulldown Attic Stairs, Tile Bath
Appliances: Dishwasher, Electric Water Heater, Microwave, Refrigerator, Stainless Steel Appliance(s), Oven/Range (Combo)
Flooring Type: Tile, Vinyl
Laundry Features: Laundry Closet
Has Fireplace
Fireplace Features: Gas Log, Masonry
Fireplaces: 2
Basement: Crawl Space, None
Exterior Details
Square Footage: 1200
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Property Condition: New Construction
Architectural Style: Ranch, Country/Rustic
Year Built: 2026
Levels: One
Construction Materials: Concrete, Stone, Wood Siding
Patio and Porch Features: Deck
Lot Features: Sloped
Lot Size Area: 44431.2
Lot Size Units: Square Feet
Lot Size Acres: 1.02
Lot Size Square Feet: 44431.2
Water Source: Public
Financial Details
Tax Annual Amount: $51
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Security, Private Roads, Swimming, Tennis
HOA Fee: $1,080
HOA Fee Frequency: Annually
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: Makayla Allen, Local Realty
Last Updated: 19 days ago
Data Source: GAMLS, MLS# 10837907
Last Updated: 19 days ago
Data Source: GAMLS, MLS# 10837907
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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