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  • $1,900,000

    201 Mountainside Pkwy, Ellijay, GA 30536

    6beds
    6,284sqft
    : 
    $11,026/mo
    Get pre-qualified
    Residential
    Built in 2002
    3.21 Acres Lot
    $-- Zestimate®
    $302/sqft
    $100/mo HOA

    What's special

    Surrounding north georgia mountainsStunning lake viewsFull saunaHot tubUpdated studio apartmentBreathtaking sceneryLuxury accommodations
    FALLING WATERS LODGE is a truly unique North Georgia mountain retreat offering an exceptional combination of luxury accommodations, breathtaking scenery, and income-producing potential. Currently operating as an established wedding and event venue as well as a luxury vacation rental, this remarkable property is perfectly suited for unforgettable lakeside weddings, family gatherings, corporate retreats, or an impressive private mountain escape. The main residence features 5 BR's and 5 Bth's, including a beautiful bridal suite or honeymoon retreat with stunning lake views. Multiple decks and outdoor living spaces provide countless opportunities to relax and enjoy the surrounding mountain and water views. Inside, guests can enjoy a spacious game room, wet bar, full sauna, and hot tub—creating a true resort-style experience. Unique zoning allows for a variety of uses, including vacation rentals, private retreats, guest celebrations, and weddings or events for up to 50 guests, making this an incredibly versatile investment opportunity. An updated studio apartment offers additional flexibility and privacy. It could serve as an owner's quarters, innkeeper's residence, private guest accommodations, or potentially a separate short-term rental. Situated within the private, gated Falling Waters community, the property encompasses approximately 3.21 fenced acres overlooking the community's stocked catch-and-release lake and the surrounding North Georgia mountains. A large outdoor firepit creates the perfect gathering place for guests, while the expansive grounds offer numerous peaceful spots for relaxing, entertaining, and stargazing. Conveniently located just minutes from local apple orchards, Downtown Ellijay, Blue Ridge, and many of North Georgia's most popular mountain destinations, Falling Waters Lodge offers a rare opportunity to own a distinctive property where luxury, recreation, events, and investment potential come together in one extraordinary setting.
    20 days
    601
    47

    Zillow last checked:

    Listing updated:

    Listed by:

    Scott Parrott 951-533-4551,

    Keller Williams Elevate,

    Legacy Mountain Group 706-258-8105,

    Keller Williams Elevate

    Source: NGBOR,MLS#: 435331

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 6
      • Full bathrooms: 6
      • Main level bedrooms: 2
      Rooms
      • Room types: Den, Living Room, Breakfast Room, Kitchen, Laundry, Bonus Room, Loft, Media Room
      Primary bedroom
      • Level: Upper
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Refrigerator, Cooktop, Range, Oven, Microwave, Dishwasher, Washer, Dryer, Trash Compactor
      • Laundry: In Basement, Laundry Room
      Features
      • Ceiling Fan(s), Wood, Loft, Sauna, Entrance Foyer, Eat-in Kitchen, High Speed Internet
      • Flooring: Wood, Tile
      • Windows: Wood Frames
      • Basement: Finished
      • Number of fireplaces: 3
      • Fireplace features: Vented, Wood Burning
      • Furnished: Yes
      Interior area
      • Total structure area: 6,284
      • Total interior livable area: 6,284 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Carport, Asphalt
      • Has carport: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Patio & porch: Front Porch, Deck, Covered, Patio, Open
      • Exterior features: Storage, Fire Pit, Garage Apartment
      • Pool features: Community
      • Has spa: Yes
      • Spa features: Heated
      • Fencing: Fenced
      • Has view: Yes
      • View description: Mountain(s), Year Round, Lake, Creek/Stream, Trees/Woods
      • Has water view: Yes
      • Water view: Lake,Creek/Stream
      • Waterfront features: Creek, Lake Front, Pond, Creek Access
      • Body of water: Turkey Creek,Lake Montag
      • Frontage type: Road,Creek,Lakefront
      Lot
      • Size: 3.21 Acres
      • Topography: Sloping
      Details
      • Additional structures: Barn(s), Guest House, Additional Dwelling Unit
      • Parcel number: 3115 031J

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Cabin
      • Property subtype: Residential
      Materials
      • Timber/Pole Frame, Log, Wood Siding, Log Siding
      • Roof: Metal
      Condition
      • Resale
      • New construction: No
      • Year built: 2002

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Private

      Community & HOA

      Community
      • Features: Gated, Pool, Lake Access
      • Subdivision: Falling Waters
      HOA
      • Has HOA: Yes
      • HOA fee: $1,200 annually
      Location
      • Region: Ellijay

      Financial & listing details

      • Price per square foot: $302/sqft
      • Tax assessed value: $1,205,800
      • Annual tax amount: $7,145
      • Date on market: 8/20/2026
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/20/2026Listed for sale$1,900,000-20.8%$302/sqft
        Source: NGBOR #435331 Report a problem
        5/1/2026Listing removed$2,399,900$382/sqft
        Source: NGBOR #421134 Report a problem
        2/9/2026Price change$2,399,900-14.3%$382/sqft
        Source: GAMLS #10669125 Report a problem
        1/8/2026Listed for sale$2,800,000+308.8%$446/sqft
        Source: NGBOR #421134 Report a problem
        10/31/2019Sold$685,000-5.5%$109/sqft
        Source: NGBOR #282006 Report a problem
        7/22/2019Listing removed$725,000$115/sqft
        Source: Harry Norman, REALTORS #8454977 Report a problem
        9/18/2018Listed for sale$725,000-18.5%$115/sqft
        Source: Harry Norman, REALTORS� #6075566 Report a problem
        6/18/2018Listing removed$890,000$142/sqft
        Source: REMAX Town & Country- BR Fain Street #273848 Report a problem
        2/7/2018Listed for sale$890,000$142/sqft
        Source: REMAX Town & Country- BR Fain Street #273848 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,145 -0.5%$482,320
        2024$7,181 -3.1%$482,320
        2023$7,414 -0.2%$482,320 +28.9%
        2022$7,429 +13.7%$374,320 +26%
        2021$6,534 +16%$297,040 +16%
        2020$5,631 -13.3%$256,000 -10.7%
        2019$6,494 +12.1%$286,760 +13.6%
        2018$5,792 $252,480 +14.3%
        2017$5,792 $220,800
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 30536

        Getting around

        0 / 100
        Car-Dependent
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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