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Sold for $495,000
  • $495,000

    732 Cherry Lake Dr, Ellijay, GA 30540

    2beds
    944sqft
    SingleFamily
    Built in 2006
    0.6 Acres Lot
    $472,300 Zestimate®
    $524/sqft
    $1,979 Estimated rent

    Home value

    $472,300

    $397,000 - $562,000

    $1,979/mo

    Zestimate® history
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    What's special

    Floor to ceiling fireplaceCherry log mountainMountain viewsHot tubTwo decksCozy cabinVaulted ceiling
    Nestled on beautiful and highly desirable Cherry Log Mountain in a Sisson Community, this charming retreat offers a perfect blend of rustic charm and modern comfort. This cozy cabin is a mere fifteen minutes to downtown Blue Ridge and twenty minutes to downtown Ellijay and is perfectly situated between the two. Enjoy nearby hiking, fishing, and all varieties of outdoor recreation, or just enjoy the endlessly charming downtowns of Blue Ridge and Ellijay. Featuring two spacious bedrooms, two full bathrooms and a vaulted ceiling kitchen/living room combo with floor to ceiling fireplace, the property boasts wonderful mountain charm with its two decks (one off the living area and a larger deck downstairs with hot tub, outdoor furniture and TV, double bedrooms with private bathrooms attached to each, lovely stone fireplace and beautiful cove setting. Outside, enjoy breathtaking mountain views, serene surroundings, and close proximity to Cherry Lake. Whether you’re looking for a full-time residence, a weekend getaway, or a vacation rental opportunity, this home delivers unmatched tranquility and convenience, with easy access to downtown Blue Ridge and Ellijay, hiking trails, and local attractions. Don’t miss this incredible opportunity to own your slice of mountain paradise! For sale by owner, no agent. Property was a primary residence for many years, before current owners converted to rental property on AirBnB. The property grossed $47,131.56 in 2023 and $42,677.61 in 2024 DESPITE being used as a second home by the owners, who visited on average one weekend per month, presenting additional income opportunity. Furthermore, the property was self-managed and listed on AirBnB only, meaning there is plenty of opportunity for the savvy investor to further drive revenue. AirBnB Link: airbnb.com/h/cozycherrylakemtncabin Serious purchase inquiries only. Seller will represent themselves in the transaction. IMPROVEMENTS: Seller has re-stained the entire exterior of the cabin and replaced the washer/dryer, microwave and dishwasher. ALL PERSONAL PROPERTY TO CONVEY INCLUDING FURNITURE.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Unfinished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 944 sqft

    Property

    Parking
    • Parking features: Off-street
    Features
    • Exterior features: Wood
    • Has spa: Yes
    Lot
    • Size: 0.6 Acres
    Details
    • Parcel number: 3104D114

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • log
    • Foundation: Crawl/Raised
    • Roof: Metal
    Condition
    • Year built: 2006

    Community & HOA

    Location
    • Region: Ellijay

    Financial & listing details

    • Price per square foot: $524/sqft
    • Tax assessed value: $378,400
    • Annual tax amount: $2,339

    Price history

    DateEventPrice
    2/18/2025Sold$495,000-1%$524/sqft
    Source: Public Record Report a problem
    1/17/2025Pending sale$500,000$530/sqft
    Source: Owner Report a problem
    1/6/2025Listed for sale$500,000+6.6%$530/sqft
    Source: Owner Report a problem
    8/24/2022Sold$469,000$497/sqft
    Source: Public Record Report a problem
    7/19/2022Pending sale$469,000$497/sqft
    Source: RE/MAX International #317080 Report a problem
    7/8/2022Price change$469,000-6%$497/sqft
    Source: RE/MAX International #317080 Report a problem
    6/21/2022Price change$499,000-3.1%$529/sqft
    Source: RE/MAX International #317080 Report a problem
    6/7/2022Listed for sale$514,900+233.3%$545/sqft
    Source: RE/MAX International #317080 Report a problem
    10/21/2014Sold$154,500+3.9%$164/sqft
    Source: Public Record Report a problem
    5/18/2012Sold$148,700-13.8%$158/sqft
    Source: Public Record Report a problem
    9/14/2007Sold$172,500$183/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,339 -2.9%$151,360 -2.6%
    2024$2,408 -12.9%$155,440 -10.1%
    2023$2,764 +410.9%$172,840 +38.1%
    2022$541 -10.1%$125,160 +28%
    2021$602 +3.7%$97,760 +32.1%
    2020$581 -4.4%$74,000
    2019$608 +7.9%$74,000
    2018$563 +2%$74,000 +11.9%
    2017$552 +0.9%$66,120 -0.9%
    2016$547 -67.3%$66,720 +9.5%
    2015$1,675 +11.5%$60,920 +9.3%
    2014$1,502 +5.2%$55,720 -0.6%
    2013$1,428 $56,040
    2012-- --
    2011-- --
    2010-- --
    2009-- --
    Find assessor info on the county website

    Neighborhood: 30540

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
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    Estimated market value
    $472,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $472,300