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$559,000

Beds
3
Baths
2.0
sq ft
1,352

138 Laurel Rdg, Morganton, GA 30560

138 Laurel Rdg

Morganton, GA 30560

  • 2 days on market
Are you looking for a Bougie Cabin in Blue Ridge? You have found it! This is a premier short-term rental investment or private mountain escape! Nestled on two rare, flat acres in the heart of North Georgia, this fully furnished three-bedroom, two-bathroom cabin is designed for both guest appeal and investor success. Ideally located just minutes from Lake Blue Ridge and downtown Blue Ridge, this property offers the perfect balance of seclusion and convenience. As you drive up, there is an easy-in, easy-out circular driveway. Stepping inside, you'll find floor-to-ceiling windows that flood the open-concept living space with natural light. A wood-burning fireplace serves as the focal point, creating a warm and inviting atmosphere for guests to gather. The modern lighting, tasteful furnishings, and well-appointed kitchen ensure a comfortable and seamless guest experience. Investors, the thoughtfully designed layout comfortably accommodates up to eight guests, with two bedrooms on the main level with full beds. Upstairs, the private loft suite with queen bed features its own bathroom, workspace, and additional seating area, providing a retreat-like experience. There is a large wraparound deck with a hot tub, and the fire pit with Adirondack chairs invites guests to relax under the stars. The expansive, flat acreage provides space for families to enjoy outdoor activities worry-free, a rare find in this mountainous region. There is even enough space to create your own pickleball court! Outdoor amenities are a major draw for visitors. This home is within walking distance of the community pond. Located on paved roads with easy access to hiking trails, wineries, shopping, and dining, this property is primed for a successful rental investment. Whether you're looking to capitalize on the thriving short-term rental market or seeking your own turnkey vacation retreat, this Bougie Cabin is ready to welcome you. (Pickleball Court Is Virtually Staged.)

Details

Property type

Single Family Residence

Est. home value

$450,649

Lot size

2.0 acres

Price per sq ft

$414

Year built

1994

HOA

Yes

Price History

03/12/2025
NortheastGA

NortheastGA #413857

Listed
$559,000
-1.76%
11/02/2024
FMLS

FMLS #7425185

Removed
$569,000
10/24/2024
FMLS

FMLS #7425185

Price change
$569,000
-5.01%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Fannin 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

$127,143
Asking price
$559,000
Closing costs (~8% of asking)
-$44,720
Est. remaining loan balance
-$387,137
Cash to seller
$127,143

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

Seller’s Loan History

Lender

United Wholesale

Loan start date

January 2024

Original loan amount

$391,500

Est. remaining balance

$387,137

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Carleen Mccarthy and Joseph Mccarthy

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: Active

Tomo last checked: 03/15/2025 at 11:10 AM

Listing updated: 03/14/2025 at 8:40 PM

Listed by: Tracy Krohn, Keller Williams Elevate Phone #: (706) 623-8186

MLS: NortheastGA #413857

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