105 Riveredge Drive, Ellijay, GA 30536

Property Description

CARTECAY RIVER FRONT | 5BR/3.5BA | 3.32 UNRESTRICTED ACRES | NO HOA | $85K-$115K+ STR PROJECTION! This North GA river property is RARE! 105 River Edge offers approximately 128 FT OF CARTECAY RIVER FRONTAGE, flat usable acreage, seasonal mountain views & a beautifully reimagined home extensively refinished by a highly reputable local builder. Major improvements include electrical, HVAC/ductwork, insulation, roof, windows, sheetrock, flooring, lighting & more, giving this home the feel of a LIKE-NEW HOME while preserving the acreage & riverfront setting that are so hard to find. ALL PAVED ROADS TO THE PROPERTY provide easy year-round access, while the DETACHED GARAGE/WORKSHOP, abundant parking, high-speed internet & potential additional homesite add even more value. Inside, enjoy vaulted ceilings, genuine white oak hardwood floors, gas-log fireplace & an open kitchen with granite countertops, stainless appliances, island & pantry. The MAIN-LEVEL PRIMARY SUITE features a walk-in closet, dual vanities & tiled shower, with laundry & half bath also on the main. Upstairs offers additional bedrooms & a loft, while the finished terrace level features 10-FT CEILINGS, large game/family room, bedroom, full bath & flexible bonus space. The OVERSIZED COVERED DECK OVERLOOKING THE CARTECAY RIVER features a wood-burning fireplace, TV/fan wiring & reinforcement for a future hot tub. Investors: estimated STR gross revenue projection is approximately $85K-$115K+ annually, with potential for more by adding amenities such as a hot tub, riverfront fire pit & entertainment areas. Located on the EAST SIDE OF ELLIJAY near Downtown Ellijay, Amicalola Falls, wineries, apple orchards, hiking trails & North Georgia recreation. NO HOA OR SUBDIVISION RESTRICTIONS! Perfect for a FULL-TIME RIVERFRONT HOME, SECOND HOME OR VACATION RENTAL INVESTMENT. Qualifying Gilmer County homeowners age 65+ may be eligible for a school property tax exemption.