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$1,050,813Estimated home value

Beds
5
Baths
3.5
sq ft
3,540

124 River Shoals Rd, Ellijay, GA 30536

124 River Shoals Rd

Ellijay, GA 30540

  • Off market
    • Price drop $100,000↓
Appointment only! Nestled at the bend of the majestic Cartecay River's wide white water rapids, this stunning 5-bedroom, 3.5-bath retreat beckons with its breathtaking natural setting and luxurious amenities. Designed for seamless entertaining and utmost privacy, this home features exquisite stone accents and custom woodwork throughout, lending an air of rustic elegance. The great room boasts a grand wood-burning fireplace and a soaring two-story wall of windows, bringing the light and the river's rhythmic flow practically indoors. A chef's kitchen with custom cabinetry awaits culinary adventures, while the master suite offers French doors to a screened porch and a luxurious spa bath with a stone shower and jetted tub. The upper level hosts a spacious loft, full bath, and two balconies for serene river views. The terrace level boasts a family room with a bar, two bedrooms, and a full bath, while outside, a hot tub on the deck overlooks a fire pit area along the river's edge. Enjoy the natural landscape, outdoor lighting, and walking paths leading to easy river access. Additional features include a one-car garage, paved drive, and the symphony of rapids audible from multiple levels of porches and decks. With 3,400 square feet of outdoor living space, professionally decorated and mostly furnished, this property is an extraordinary vacation rental opportunity. Plus, with no HOA and just 10 minutes from restaurants and entertainment, it offers the perfect blend of tranquility and convenience. Experience the ultimate riverside escape in this idyllic haven.

Details

Property type

Single Family Residence

Est. home value

$1,050,813

Lot size

1.67 acres

Price per sq ft

$367

Year built

2004

HOA

Yes

Price History

09/28/2024
NortheastGA

NortheastGA #402249

Removed
$1,299,000
05/22/2024
NortheastGA

NortheastGA #402249

Price change
$1,299,000
-7.15%
03/15/2024
NortheastGA

NortheastGA #402249

Listed
$1,399,000
+27.18%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Gilmer County

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$843,210
Asking price
$1,299,000
Closing costs (~8% of asking)
-$103,920
Est. remaining loan balance
-$351,870
Cash to seller
$843,210

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

November 2016

Original loan amount

$456,000

Est. remaining balance

$351,870

Interest rate

3.5%

Loan type

New Conventional, 25 year

Seller

Roger Keith Whitworth and Lynn Whitworth

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 9:15 PM

Listing updated: 09/18/2024 at 8:56 AM

Listed by: Tim Helton, Mountain Property Limited Phone #: (706) 747-4020

MLS: NortheastGA #402249

NortheastGA logo

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