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ActivePrice cut: $100K (9/22)
$1,895,000
3beds
3,030sqft

17 Water Wheel Ln, Rabun Gap, GA 30568

3beds
3,030sqft
Single family residence, cabin
Built in 1984
1.20 Acres
2 Garage spaces
$625 price/sqft

What's special

Zen gardenNew roofLarge outdoor deckExtensive stone workNew stain on exteriorNew wiringNew interior wood paneling

Come see this amazing property! Nighttime showings are encouraged and welcome! Steeped in Appalachian history and fresh off an extraordinary, top-to-bottom master renovation, the iconic 17 Water Wheel Lane offers a once-in-a-lifetime chance to own the historic Dickerson Mill on Keener Creek. This breathtaking estate seamlessly attaches to the preserved gristmill, where the massive waterwheel has been fully revived to functional glory and can be viewed alongside the vintage equipment room through new interior picture windows. The complete overhaul features a new roof, new heat/AC systems, new wiring, new lighting, new interior wood paneling, new stain on exterior, extensive stone work, new stone on chimney exterior, new designer lighting, a custom kitchen boasting a historic "Antique Belgian workbench" island with Big Chill appliances, a main-level European bathroom with an Antique French fountain sink, and a luxurious primary suite complete with a solid teak bathtub and an antique brick fireplace. The great room with 2 story ceiling, antique post and beam structure, with expansive new picture windows and glass doors frame spectacular, unmatched views of the roaring waterfall, rushing trout stream, and the turning wheel from almost every room. The exterior is a premier entertainment paradise, showcasing a new main-level covered deck with a gas-lined outdoor kitchen, a new upper deck anchored by a massive stone arch, a large outdoor deck, covered wet bar, gazebo, hot tub with a waterfall view, a ZEN garden, and a winding boardwalk path leading to the waterfall. All are beautifully illuminated by professional landscape lighting. There is a creekside beach with a swimming hole for those hot Summer days. Complemented by a two-car garage with a pull-through drive, this mountain masterpiece is tucked away in scenic Wolffork Valley in the heart of the Blue Ridge Mountains, just minutes from the Rabun Gap-Nacoochee School, the historic Dillard House, Black Rock Mountain State Park, downtown Clayton's exceptional dining, and the pristine waters of Lakes Rabun and Burton. Note: This property is served by a shared septic system configuration, which has been in active use for approximately 40 years. The seller has provided detailed records, including a recorded deed of easement, a 1989 health department letter regarding the layout and shared use of the drain field, and a December 2022 septic tank inspection letter. Prospective buyers and their agents should review the documentation and perform independent due diligence to verify the system's status and suitability.

96 days
|
893
|
81
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Source: GAMLS,MLS#: 10788200MLS Logo
Travel times

Living Room

Kitchen

Primary Bedroom

Primary Bathroom

Bedroom

Bedroom

Mill Room

Bathroom

Bathroom

Zillow last checked:

Listing updated:

Listed by:

Scott Poss 706-490-2305,

Poss Realty,

Nicolaus A Poss 706-982-0872,

Poss Realty

Source: GAMLS,MLS#: 10788200MLS Logo

Facts & features

Interior

Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
Rooms
  • Room types: Game Room, Great Room, Laundry
Dining room
  • Features: Dining Rm/Living Rm Combo
Kitchen
  • Features: Country Kitchen, Kitchen Island
Heating
  • Electric, Heat Pump
Cooling
  • Electric, Heat Pump
Appliances
  • Included: Dishwasher, Dryer, Oven/Range (Combo), Refrigerator, Tankless Water Heater, Washer
  • Laundry: In Hall, Laundry Closet
Features
  • Beamed Ceilings, High Ceilings, Tile Bath, Vaulted Ceiling(s)
  • Flooring: Other
  • Basement: None
  • Number of fireplaces: 2
  • Fireplace features: Living Room, Master Bedroom
Interior area
  • Total structure area: 3,030
  • Total interior livable area: 3,030 sqft
  • Finished area above ground: 3,030
  • Finished area below ground: 0
Video & virtual tour

Property

Parking
  • Total spaces: 2
  • Parking features: Detached, Garage, Off Street
  • Has garage: Yes
Features
  • Levels: Two
  • Stories: 2
  • Patio & porch: Porch
  • Exterior features: Water Feature
  • On waterfront: Yes
  • Waterfront features: Creek, Stream
  • Body of water: Keener Creek
Lot
  • Size: 1.2 Acres
  • Features: Waterfall
  • Residential vegetation: Partially Wooded
Details
  • Additional structures: Garage(s), Other, Outbuilding, Shed(s)
  • Parcel number: 030B 008

Construction

Type & style
  • Home type: SingleFamily
  • Architectural style: Country/Rustic
  • Property subtype: Single Family Residence, Cabin
Materials
  • Wood Siding
  • Foundation: Block, Pillar/Post/Pier, Slab
  • Roof: Metal
Condition
  • Resale
  • New construction: No
  • Year built: 1984

Utilities & green energy

  • Sewer: Septic Tank
  • Water: Well
  • Utilities for property: Electricity Available, Propane

Community & HOA

Community
  • Features: None
  • Subdivision: None
HOA
  • Has HOA: No
  • Services included: None
Location
  • Region: Rabun Gap

Financial & listing details

  • Price per square foot: $625/sqft
  • Tax assessed value: $590,258
  • Annual tax amount: $3,631
  • Date on market: 6/18/2026
  • Cumulative days on market: 96 days
  • Listing agreement: Exclusive Right To Sell
  • Electric utility on property: Yes

Price history

DateEventPrice
9/22/2026Price change$1,895,000-5%$625/sqft
Source: GAMLS #10788200 Report a problem
6/18/2026Price change$1,995,000+99.6%$658/sqft
Source: GAMLS #10788200 Report a problem
8/20/2025Pending sale$999,500+3.1%$330/sqft
Source: GAMLS #10298612 Report a problem
8/19/2025Sold$969,750-3%$320/sqft
Source: GAMLS #10298612 Report a problem
7/16/2025Price change$999,500-8.8%$330/sqft
Source: FMLS GA #7385748 Report a problem
6/11/2025Price change$1,095,500+0%$362/sqft
Source: FMLS GA #7385748 Report a problem
5/23/2025Price change$1,095,000-8.4%$361/sqft
Source: GAMLS #10298612 Report a problem
5/2/2025Price change$1,195,000-7.7%$394/sqft
Source: GAMLS #10298612 Report a problem
4/18/2025Price change$1,295,000-7.2%$427/sqft
Source: FMLS GA #7385748 Report a problem
4/9/2025Listed for sale$1,395,000-20.1%$460/sqft
Source: FMLS GA #7385748 Report a problem
4/1/2025Listing removed$1,745,000$576/sqft
Source: GAMLS #10298612 Report a problem
6/29/2024Price change$1,745,000-0.6%$576/sqft
Source: FMLS GA #7385748 Report a problem
5/13/2024Listed for sale$1,755,000+0.3%$579/sqft
Source: FMLS GA #7385748 Report a problem
1/1/2024Listing removed$1,750,000-0.3%$578/sqft
Source: GAMLS #10173171 Report a problem
7/1/2023Price change$1,755,000+0.3%$579/sqft
Source: FMLS GA #7098604 Report a problem
3/24/2023Listed for sale$1,750,000$578/sqft
Source: FMLS GA #7098604 Report a problem
2/11/2023Pending sale$1,750,000$578/sqft
Source: FMLS GA #7098604 Report a problem
1/19/2023Contingent$1,750,000$578/sqft
Source: FMLS GA #7098604 Report a problem
8/12/2022Listed for sale$1,750,000+175.6%$578/sqft
Source: FMLS GA #7098604 Report a problem
6/25/2009Sold$635,000+22.8%$210/sqft
Source: Public Record Report a problem
8/1/2006Sold$517,000$171/sqft
Source: Public Record Report a problem

Public tax history

YearProperty taxesTax assessment
2025$3,316 -9.7%$236,103 +3.2%
2024$3,671 -3.5%$228,698 +6%
2023$3,805 +1.5%$215,755 +5.3%
2022$3,749 +4%$204,821 +6.5%
2021$3,606 +2.1%$192,314 +6%
2020$3,533 -0.7%$181,476
2019$3,558 +4.3%$181,476
2018$3,412 -4.1%$181,476 -6.6%
2017$3,558 +4.3%$194,338 +14.9%
2016$3,412 +7%$169,102 -3.4%
2015$3,188 -5.5%$175,144
2014$3,373 $175,144
2013-- --
2012-- --
2011-- --
2010-- --
2005-- $173,904
2004-- $173,904 +509.9%
2003-- $28,512 -82.7%
2002-- $164,388 +337.3%
2000-- $37,588

Find assessor info on the county website

Monthly payment

Est. payment
$10,625/mo
Principal & interest
$9772
Property taxes
$853
More affordability toolsChevron Right

Estimated market value

$1,773,100

$1.68M - $1.86M

$2,541/mo

Climate risks

Explore flood, wildfire, and other predictive climate risk information for this property on First Street®️.

Neighborhood: 30568

Nearby schools

Rabun County Primary School
Grades PK-27.9 miles
N/A
GreatSchools® Rating
Rabun County Middle School
Grades 7-87.8 miles
7/10
GreatSchools® Rating
Test Score Rating
7/10
Student Progress Rating
6/10
Rabun County High School
Grades 9-127.6 miles
7/10
GreatSchools® Rating
Test Score Rating
8/10
College Readiness Rating
5/10