196 N Jakes Landing Way, Ellijay, GA 30540

$589,000
2
BD
2
BA
2,952
SqFt

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List Price
$589,000
Price Change
▼ $10,000 1791602523
MLS#
10834092
Status
ACTIVE
Type
Single Family Residential
Subtype
Cabin, Single Family Residence
Bedrooms
2
Bathrooms
2
Square Footage
2,952
Square Footage Source
Builder
Lot Size
1.26
Subdivision
Jakes Landing Overlook
Basement
Yes

Property Description

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!

Additional Information

Style
Bungalow/Cottage, Craftsman, Traditional
Stories
3 or More Stories
Year Built
2026
Fireplaces
1
Parking
Kitchen Level
Sewer
Septic Tank
Elementary School
Ellijay
High School
Gilmer
Acres
1.26
Hoa Fee
$750
Levels
Three Or More

Listing courtesy of RE/MAX Town & Country.

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.

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