tomo logo

$1,745,000

Beds
5
Baths
3.0
sq ft
Unknown

17 Water Wheel Ln, Rabun Gap, GA 30568

17 Water Wheel Ln

Rabun Gap, GA 30568

  • 227 days on market
    • Price drop $10,000↓
This home exudes the well-preserved charm and character of a bygone era—featuring craftsmanship that is hard to find anywhere else. This 1920’s two-story mill house boasts a living room with hand-hewn beams and an open, airy structure replete with stunning views of a cascading waterfall, making any gathering unique. The property includes 2.5 baths, a dining room, a full kitchen, and 5 bedrooms, including a master bedroom with an ensuite bathroom and its own fireplace. The home comfortably accommodates up to 11 guests—the Mill House Estate warmly welcomes all. 17 Water Wheel sits majestically at the headwaters of the Little Tennessee River on Keener Creek in Rabun Gap, Georgia—a picturesque agricultural community considered one of the most desirable places to live. Nestled at the intersection of the Blue Ridge Lake Region (Lakes Burton, Rabun, and Tallulah) and the Highlands-Cashiers Plateau of Western North Carolina, adventure is just a short drive away, whether you're an outdoor, art, or food enthusiast. In the county, you'll also find Rabun Gap-Nacoochee School, one of the largest coeducational, college-preparatory boarding schools in the South, serving boarding and day students from Pre-K through 12th grade. Additionally, the Habersham County Airport (FAA Identifier: AJR) is a scenic 40 miles away, featuring a 5,503 x 100 ft (1,677 x 30 m) paved asphalt runway designed to accommodate most private planes and offering refueling capabilities. Private planes can land at this international private jet airport, and several companies offer charter services to and from the airport – there is more than one company available. (For airport complete technical info - https://www.airnav(dot)com/airport/KAJR OR call listing broker) ALL OFFERS CONSIDERED - CORPORATE OWNED - FINANCING AVAILABLE.

Details

Property type

Single Family Residence

Est. home value

$961,571

Lot size

1.20 acres

Price per sq ft

Unknown

Year built

1984

Annual property taxes

$3,606

HOA

No

Price History

06/29/2024
FMLS

FMLS #7385748

Price change
$1,745,000
-0.57%
05/13/2024
FMLS

FMLS #7385748

Price change
$1,755,000
+900%
05/11/2024
FMLS

FMLS #7385748

Listed
$175,500
-90%

Schools & Community

Elementary school: 

Rabun County

Middle school: 

Rabun County

High school: 

Rabun County

Community features: 

None

Seller’s Loan History

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

Lender

Branch Banking And Trust Co

Loan start date

June 2009

Original loan amount

$400,000

Est. remaining balance

$0

Interest rate

4.51%

Loan type

New Conventional, 15 year

Seller

James G Cunningham

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?

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Status: Active

Tomo last checked: 12/24/2024 at 1:10 PM

Listing updated: 10/13/2024 at 5:41 PM

Listed by: J C Fagundes, YOLO Realty GA, LLC Phone #: (404) 801-4141

MLS: FMLS #7385748

FMLS logo

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