$345,000
●
House -
For Sale
54 Cunningham Mountain Road
Ellijay, GA 30536
1 Bed
1 Bath,
1
Half Bath
960 Ft²
$1,794
Est. Monthly
About This Property
Enjoy the freedom of no HOA with this property offering 5 acres of
space and privacy just 5 miles from town! The home features a metal
roof and will be sold mostly furnished, making it easy to settle in
and start enjoying your mountain getaway. A detached 24x24
garage/shop offers insulated space on a concrete slab, perfect for
parking, storage, hobbies, or a workshop. There is also plenty of
additional parking for vehicles, trailers, or recreational toys.
The upper portion of the property offers a great potential building
site with the possibility of mountain views. Whether you're looking
for a full-time residence, a private retreat, or room to expand,
this property offers plenty of possibilities with the convenience
of town just a short drive away!
Unit Size
960 Ft²
Days on Market
9 days
Land Size
5.00 acres
Price per sqft
$359
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1993
Listed By
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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: 3 days ago (GAMLS #10871784)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 12, 2026 | Listed by RE/MAX Town & Country | $345,000 | |
| Listed by RE/MAX Town & Country | |||
| May 23, 2003 | Sold | ||
| Sold | |||
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Parking Features: Detached, Garage
Interior Details
Half Bathrooms: 1
Full Bathrooms: 1
Interior Features: Other, Master On Main Level
Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer, Oven/Range (Combo)
Flooring Type: Carpet, Laminate
Laundry Features: Other
Basement: Crawl Space
Exterior Details
Square Footage: 960
Square Footage Source: $0
Property Condition: Resale
Architectural Style: Traditional
Year Built: 1993
Levels: One and One Half
Construction Materials: Other
Lot Features: Level, Sloped, Steep Slope
Lot Size Area: 217800
Lot Size Units: Square Feet
Lot Size Acres: 5
Lot Size Square Feet: 217800
Water Source: Well
Financial Details
Tax Annual Amount: $1,198
Utilities Details
Cooling Type: Window Unit(s)
Heating Type: Propane
Sewer : Septic Tank
Location Details
HOA/Condo/Coop Fee Includes: None
HOA Fee Frequency: Annually
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: Daniel Hayes, RE/MAX Town & Country
Last Updated: 3 days ago
Data Source: GAMLS, MLS# 10871784
Last Updated: 3 days ago
Data Source: GAMLS, MLS# 10871784
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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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