tomo logo

$499,000

Beds
3
Baths
2.0
sq ft
Unknown

23 Morley Dr, Ellijay, GA 30540

23 Morley Dr

Ellijay, GA 30540

  • 25 days on market
    • Price drop $25,900↓
Welcome to the Coosawattee River Resort in Ellijay, Georgia! This charming home is currently used as an AirBNB with a 5-Star SuperHost Rating & can be transferred to the new owner. This is a unique opportunity to own a peaceful retreat in one of Georgias most sought-after mountain communities. Nestled in the Coosawattee River Resort, this property combines rustic charm with modern comforts and is located just minutes from downtown Ellijay where you can enjoy shops and restaurants. Exterior Features: A Wraparound porch perfect for relaxing and soaking in the tranquil mountain surroundings. A Large back deck and serene 4-Seasons room overlooking a private, fenced yard featuring a pool with gas heater, fire pit, and hot tub an entertainers dream. Interior Features: A Main Floor Owners Suite with an elegant, spa-inspired bathroom. This Open Floor Plan is Filled with natural light, featuring high ceilings, gleaming wood floors, and a cozy gas fireplace. The Kitchen is Equipped with top-notch appliances, granite countertops, a large kitchen island, and ample cabinet space. The Dining area is spacious with seating for up to 10 guests. Upstairs you will find an oversized bedroom suite with a walk-in closet and updated bathroom plus an additional loft area, perfect for a fourth bedroom, office, or bonus space. The daylight basement features a large bedroom with space for a queen-size bed and bunk beds an enormous laundry room with extra storage and stubbed for a bath plus a dedicated owners closet. The resort offers an abundance of amenities for outdoor enthusiasts and families, including Outdoor pools, an indoor pool, and tennis and pickleball courts, mini golf, a recreation center with a gym, fishing access, river access, and four parks, basketball court, playground, tubing, rafting, kayaking, canoeing, hiking trails, and more. Currently used as an Airbnb, this property boasts excellent income potential and a Superhost rating. Whether you're looking for a vacation home, investment property, or full-time residence, this home offers it all. Don't miss your chance to own this charming retreat in the heart of the North Georgia mountains! Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$472,389

Lot size

0.69 acres

Price per sq ft

Unknown

Year built

2001

Annual property taxes

$2,723

Monthly HOA fee

$100

Price History

02/10/2025
FMLS

FMLS #7511596

Price change
$499,000
-4.93%
01/31/2025
FMLS

FMLS #7511596

Listed
$524,900
+12.88%
12/29/2023
FMLS

FMLS #7306495

Sold
$465,000
+1.11%

Schools & Community

Elementary school: 

Clear Creek - Gilmer

Middle school: 

Clear Creek

High school: 

Gilmer

Community features: 

Clubhouse, Fishing, Fitness Center, Gated, Playground, Pool, Tennis Court(s)

Number of units in community: 

1

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

$44,773
Asking price
$499,000
Closing costs (~8% of asking)
-$39,920
Est. remaining loan balance
-$414,307
Cash to seller
$44,773

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

Seller’s Loan History

Lender

Perpetual Financial Group

Loan start date

December 2023

Original loan amount

$418,500

Est. remaining balance

$414,307

Interest rate

7.5%

Loan type

New Conventional, 30 year

Seller

Erica Basso and Kyle Ratliff

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: 02/23/2025 at 9:30 PM

Listing updated: 02/19/2025 at 12:30 PM

Listed by: Kristen Crisp, Atlanta Communities Phone #: (770) 240-2001

MLS: FMLS #7511596

FMLS logo

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