$855,000
3 bd · 3 ba · 2,640 sqft · House
3840 Owltown Road, Ellijay, GA 30536
Listing by Keller Williams Elevate · 404-217-5908 · tracy@krohnrealtors.com
$850,000
Price cut $125,000
Est. monthly cost
$4,769/mo
Listing by RE/MAX Town & Country
Spectacular frontage on the Cartecay River! This 2.56-acre riverfront estate offers the rare opportunity to own a true River Lodge on the highly sought-after "Shoals," where whitewater rapids cascade over exposed rock formations, creating breathtaking scenery and the soothing sounds of rushing water year-round. With 271 feet of river frontage, no HOA, all paved roads, and less than 5 miles from downtown Ellijay, this is a truly rare offering. Designed for mountain river living at its finest, the open-concept interior features soaring cathedral ceilings, custom wood accents, built-in bookcases, and a stunning stone wood-burning fireplace. The spacious kitchen offers abundant cabinetry, walk-in pantry, stainless appliances, and seamless flow into the dining area and sunroom overlooking the river. The oversized primary suite includes a steam shower, jetted tub, and private retreat space, while the upper level features two expansive guest suites, two half baths, and a shared spa-like bathroom. (Upstairs banister hand-carved and imported from Sweden.) Outdoor living shines with the all-new party porch overlooking the falls, riverside firepit, wraparound covered porches, koi pond, level yard, and easy river access. Recent upgrades include a new metal roof, exterior paint, lighting & fans, Generac whole-house generator, refrigerator, dishwasher, and garage door system. Additional features include gated entry, 2-car garage, public utilities, high-speed internet, and no HOA fees. Flood insurance not required. Lovingly maintained as a private mountain retreat and never used as a vacation rental, though STRs are permitted.
Master On Main Level · Other
Cooktop · Dishwasher · Dryer · Microwave · Oven · Refrigerator · Washer
Other · Water Feature
Central · Heat Pump
Ceiling Fan(s) · Central Air · Electric
Carpet · Hardwood · Tile
River
Level · Other · Sloped
Estimated monthly cost
$4,769/mo
$170,000
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.
| Date | Event | Price |
|---|---|---|
| Oct 25, 2026 | Listed for sale | $975,000 |
Clear Creek
Elementary
Clear Creek
Middle
Gilmer
High
School assignments can change — verify with the district before you buy.
Source: Georgia MLS · Updated 2m ago · Nov 12, 2026, 9:45 AM ET

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 12, 2026, 9:45 AM ET
Report a listing problem$855,000
3 bd · 3 ba · 2,640 sqft · House
3840 Owltown Road, Ellijay, GA 30536
Listing by Keller Williams Elevate · 404-217-5908 · tracy@krohnrealtors.com
$829,000
4 bd · 3 ba · 1,820 sqft · House
1673 Rackley Road, Ellijay, GA 30536
Listing by RE/MAX Town & Country
$874,900
4 bd · 3 ba · 6,130 sqft · House
4725 Boardtown Road, Ellijay, GA 30540
Listing by RE/MAX Town & Country · 706-889-5290 · assistantemilyreecerealtor@gmail.com
$875,000
5 bd · 4 ba · 5,214 sqft · House
408 Sumner Lane, Ellijay, GA 30540
Listing by RE/MAX Town & Country · 706-515-7653
$850,000
3 bd · 3.5 ba