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For sale

514 Malory Circle #7146, Ellijay, GA 30540

Listing by RE/MAX Town & Country

Beds
5
Baths
4.5
Sq ft
4,005
Lot
5.25 acres

About this home

A RARE MOUNTAIN SANCTUARY WHERE LUXURY, PRIVACY & THE SOUNDS OF CASCADING WATERFALLS COME TOGETHER! Nestled on 5.25 PRIVATE ACRES overlooking breathtaking and NOISY FLAT CREEK FALLS W/ OVER 400 FEET OF CREEK FRONTAGE, this extraordinary 4BR/6BA retreat offers 4,092 sq. ft. of beautifully appointed living space, comes TURN KEY & FULLY FURNISHED & adjoins US ARMY CORPS OF ENGINEERS LAND bordering CARTER'S LAKE! Follow your PRIVATE HIKING PATH w/ NEW STEPS to a peaceful creekside retreat, where cascading waterfalls create a spectacular natural setting! Meticulously maintained w/ EXCEPTIONAL UPDATES including a BRAND NEW STANDING SEAM METAL ROOF, NEW EXTERIOR PAINT, NEW WHOLE-HOUSE GENERATOR, NEW HVAC, 3 NEW MINI-SPLITS, EXTENSIVE EROSION CONTROL, NEW PORCH FOOTERS & VISTA PRUNING for YEAR-ROUND CREEK VIEWS! A welcoming rocking-chair front porch opens to a GRAND FOYER & breathtaking great room featuring OAK FLOORS, SOARING VAULTED BEAMED CEILINGS & a magnificent TWO-STORY ROCK FIREPLACE! The spacious dining area flows into a STUNNING REMODELED KITCHEN w/ QUARTZ COUNTERS, ceiling-height cabinetry & stainless appliances. French doors open to an expansive SCREENED PORCH & OPEN DECK overlooking the rushing waterfalls! TWO MAIN-LEVEL ENSUITES include a luxurious PRIMARY RETREAT w/ sitting area, private deck access, jetted tub, tiled shower & walk-in closet. Main-level laundry & half bath! Upstairs offers a charming LOFT for reading/playing games & TWO ADDITIONAL ENSUITE BEDROOMS! The TERRACE LEVEL is an entertainer's dream w/ MOVIE/GAME ROOM, COFFEE BAR, FULL BATH, FLEX/BUNK ROOM & access to an OVERSIZED GARAGE! Enjoy a COVERED PATIO, HOT TUB & FIREPIT in a fenced outdoor retreat! Ample parking & partially paved driveway! LESS THAN 15 MINUTES TO DOWNTOWN ELLIJAY & 3 minutes from the resort indoor pool and recreation center! Some properties offer a mountain escape...this one offers an extraordinary lifestyle where the beauty & sounds of nature become part of everyday living!

Type
Single Family Residence
Year built
2003
Price per sq ft
$243
HOA
$2,376/mo
Garage
—
Property tax (2025)
$4,040/yr
Listed
—
MLS #
10884300

Features

WaterfrontBasement

Interior

Master On Main Level · Other

Appliances

Dishwasher · Disposal · Dryer · Electric Water Heater · Microwave · Other · Range · Refrigerator · Washer

Exterior

Other

Heating

Central · Other · Propane

Cooling

Ceiling Fan(s) · Central Air · Electric · Other

Flooring

Carpet · Hardwood · Other · Tile

View

Mountain(s) · Seasonal View

Lot

Level · Other · Sloped · Steep Slope

Property details

Interior

Bedrooms on main level:
2
Primary bedroom on main:
Yes
Fireplaces:
1
Fireplace features:
Gas Log
Basement:
Finished, Full
Laundry:
Other
Levels:
Two

Exterior and lot

Lot size:
5.25 acres
Patio and porch:
Deck, Patio, Porch, Screened
Waterfront features:
Creek

Construction

Architectural style:
Rustic, Traditional
Construction materials:
Vinyl Siding
Roof:
Metal
Property condition:
Resale

Utilities

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

Parking

Parking total:
1
Parking features:
Parking Pad

Community and HOA

Subdivision:
Coosawattee
HOA:
Yes
HOA fee:
$2,376/month
Association fee includes:
Private Roads, Swimming, Tennis
Community features:
Clubhouse, Fitness Center, Gated, Playground, Pool, Tennis Court(s)

Taxes and financial

Annual tax amount:
$4,040 (2025)

Monthly cost

Estimated monthly cost

$8,002/mo

Principal & interest
$4,801
Property taxes
$337
Home insurance
$487
HOA dues
$2,376

$194,955

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
Nov 3, 2026Listed for sale$974,777

Schools

  • Other

    Elementary

  • Clear Creek

    Middle

  • Gilmer

    High

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

Location

More homes in Coosawattee

Listing information

Listing office:
RE/MAX Town & Country
Listing ID:
10884300
Status:
For sale

Source: Georgia MLS · Updated 9m ago · Nov 10, 2026, 6:45 PM 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 10, 2026, 6:45 PM ET

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