$409,000
●
House -
Off Market
293 James Drive
Ellijay, GA 30540
2 Beds
2 Baths
$2,192
Est. Monthly
About This Property
Experience the best of mountain living with this ONE LEVEL living
with TWO PRIMARY ensuites!!! Perfectly designed for comfort and
style. The open floor plan features a spacious living room and
kitchen area, ideal for entertaining, and a versatile laundry
room/sunroom on the main level. Covered porch and deck allows
plenty of outdoor living. The unfinished full basement could
provide additional living space or use for abundant storage
options. Carport and basement levels allows plenty of parking for
family and friends. Situated on 1.79 acres with usable land that is
minutes from beautiful downtown Ellijay, you'll have convenient
access to restaurants, shopping, golfing and more. This charming
home is a must see perfect for a full-time residence, weekend
gateaway or rental investment.
Unit Size
-
Days on Market
71 days
Land Size
1.79 acres
Price per sqft
-
Property Type
House
Property Taxes
$184
HOA Dues
-
Year Built
2015
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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: 6 months ago (GAMLS #10704860)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Apr 10, 2026 | In contract | - | |
| In contract | |||
| Mar 1, 2026 | Listed by RE/MAX Town & Country | $409,000 | |
| Listed by RE/MAX Town & Country | |||
| Jun 18, 2025 | Price Decreased |
$439,900
↓ $10K
(2.2%) | |
| Price Decreased | |||
| May 1, 2025 | Listed | $449,900 | |
| Listed | |||
| | |||
|
Experience the best of mountain living with this ONE LEVEL living with TWO PRIMARY ensuites!!! Perfectly designed for comfort and style. The open floor plan features a spacious living room and kitchen area, ideal for entertaining, and a versatile laundry room/sunroom on the main level. Covered porch and deck allows plenty of outdoor living. The unfinished full basement could provide additional living space or use for abundant storage options. Carport and basement levels allows plenty of parking for family and friends. Situated on 1.79 acres with usable land that is minutes from beautiful downtown Ellijay, you'll have convenient access to restaurants, shopping, golfing and more. This charming home is a must see perfect for a full-time residence, weekend gateaway or rental investment.
| |||
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Property Highlights
Air Conditioning
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: Angie Watkins, RE/MAX Town & Country
Last Updated: 6 months ago
Data Source: GAMLS, MLS# 10704860
Last Updated: 6 months ago
Data Source: GAMLS, MLS# 10704860
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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