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For sale

$589,000

Price cut $10,000

Est. monthly cost

$4,035/mo

196 N Jakes Landing Way, Ellijay, GA 30540

Listing by RE/MAX Town & Country

Beds
2
Baths
2
Sq ft
2,952
Lot
1.26 acres

About this home

NEW 2026 TRUE LOG CABIN | ACTIVE AIRBNB/STR | $55K-$75K PROJECTED ANNUAL GROSS RENTAL REVENUE | TURNKEY/FURNISHED OPTION | 2BR + LOFT | 2BA + BASEMENT HALF BATH TO BE COMPLETED | BASEMENT IMPROVEMENTS 70% COMPLETE-SELLERS ACTIVELY FINISHING PRIOR TO CLOSING | GAME/ENTERTAINMENT ROOM | MOUNTAIN VIEWS | ALL-PAVED ACCESS | NEAR CARTERS LAKE! INVESTORS & VACATION HOME BUYERS! Discover this newly completed TRUE LOG CABIN in Ellijay, already operating as an ACTIVE SHORT-TERM RENTAL! Completed in May 2026, this mountain retreat offers AUTHENTIC LOG CONSTRUCTION, modern finishes & excellent potential as an income-producing vacation property! STR-FRIENDLY FEATURES INCLUDE: 2 bedrooms plus a spacious loft offering flexible guest accommodations, 2 full bathrooms, open-concept living area w/ cozy GAS-LOG FIREPLACE, fully equipped kitchen w/ stainless-steel appliances, private upper-level balcony, covered outdoor spaces, freshly stained deck, seasonal MOUNTAIN VIEWS, high-speed internet availability & convenient YEAR-ROUND ALL-PAVED ACCESS! BASEMENT IMPROVEMENTS ARE CURRENTLY APPROXIMATELY 70% COMPLETE, WITH SELLERS ACTIVELY WORKING ON FINISHING THE SPACE NOW! SELLERS WILL COMPLETE ALL PLANNED BASEMENT IMPROVEMENTS PRIOR TO CLOSING! The finished basement space will include a GAME/ENTERTAINMENT ROOM WITH FOOSBALL & CLOSET, offering flexible use as an ADDITIONAL SLEEPING AREA, FLEX BEDROOM OR RECREATIONAL SPACE! Sellers will also COMPLETE THE BASEMENT HALF BATHROOM & FINISH THE LAUNDRY ROOM WITH WASHER/DRYER HOOKUPS! Remaining basement areas will stay UNFINISHED, providing AMPLE ADDITIONAL STORAGE SPACE! These improvements will add valuable FINISHED, FUNCTIONAL LIVING SPACE & enhance the property's appeal for VACATION RENTAL GUESTS, SECOND-HOME BUYERS & FULL-TIME RESIDENTS! Located near CARTERS LAKE, TUMBLING WATERS, HIKING, MOUNTAIN BIKING, WINERIES, WATERFALLS, KAYAKING, TUBING & FLY FISHING-ideal for guests seeking the ultimate NORTH GEORGIA MOUNTAIN EXPERIENCE! STRs are currently permitted per MLS information; buyers should independently verify applicable regulations & HOA requirements. ESTIMATED ANNUAL GROSS RENTAL POTENTIAL OF $55,000-$75,000, depending on occupancy, management, pricing, amenities & market conditions. Projection is not actual rental history or guaranteed income. TURNKEY/FURNISHED OPTION AVAILABLE WITH ACCEPTABLE $599,000 OFFER! Perfect for an INVESTMENT PROPERTY, SECOND HOME or FULL-TIME MOUNTAIN RETREAT!

Type
Cabin,Single Family Residence
Year built
2026
Price per sq ft
$200
HOA
$750/mo
Garage
—
Property tax (2025)
$1,066/yr
Listed
—
MLS #
10834092

Features

Basement

Interior

High Ceilings · Master On Main Level · Vaulted Ceiling(s)

Appliances

Dishwasher · Microwave · Refrigerator

Exterior

Other

Heating

Central

Cooling

Central Air

Flooring

Vinyl

View

Mountain(s) · Seasonal View

Lot

Level

Property details

Interior

Bedrooms on main level:
1
Primary bedroom on main:
Yes
Fireplaces:
1
Fireplace features:
Gas Log
Basement:
Bath/Stubbed, Full, Unfinished
Laundry:
Other
Windows:
Double Pane Windows
Accessibility:
Accessible Doors, Accessible Entrance
Levels:
Three Or More

Exterior and lot

Lot size:
1.26 acres
Patio and porch:
Deck, Porch
Fencing:
Other
Other structures:
Other

Construction

Architectural style:
Bungalow/Cottage, Craftsman, Traditional
Construction materials:
Log
Roof:
Metal
Foundation:
Slab
Property condition:
Resale

Utilities

Sewer:
Septic Tank
Water source:
Private
Utilities:
Cable Available, Electricity Available, High Speed Internet, Phone Available, Water Available

Parking

Parking total:
8
Parking features:
Kitchen Level

Community and HOA

Subdivision:
Jakes Landing Overlook
HOA:
Yes
HOA fee:
$750/month
Association fee includes:
Other, Private Roads
Community features:
Gated

Taxes and financial

Annual tax amount:
$1,066 (2025)
Listing terms:
1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan

Monthly cost

Estimated monthly cost

$4,035/mo

Principal & interest
$2,901
Property taxes
$89
Home insurance
$295
HOA dues
$750

$117,800

Estimate only. Taxes use the listing's most recent figure where available; insurance assumes 0.6% of price per year, typical for the area, not including flood cover. Mortgage insurance applies below 20% down.

Price & status history

DateEventPrice
Oct 12, 2026Listed for sale$599,000

Schools

  • Ellijay

    Elementary

  • Clear Creek

    Middle

  • Gilmer

    High

School assignments can change — verify with the district before you buy.

Location

More homes in Jakes Landing Overlook

Listing information

Listing office:
RE/MAX Town & Country
Listing ID:
10834092
Status:
For sale
Contact phone:
706-889-5290

Source: Georgia MLS · Updated 11m ago · Nov 15, 2026, 3:45 AM ET

Georgia MLS

Listings courtesy of Georgia MLS. Listing information © 2026 Georgia MLS. All rights reserved. Each listing names its listing firm.

© 2026 Georgia MLS. All rights reserved. Information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by GAMLS. Last updated Nov 15, 2026, 3:45 AM ET

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