tomo logo

$5,980,000

Beds
7
Baths
6.0
sq ft
9,935

254 Nicholson Rd, Blue Ridge, GA 30513

254 Nicholson Rd

Blue Ridge, GA 30513

  • 480 days on market
Welcome to this timeless private mountain estate on 23 acres in Blue Ridge, Georgia. Located just minutes from downtown Blue Ridge on all flat paved roads, enter through automated gates down the private tree-lined driveway unveiling the four-bay car barn (additional 3 car attached) and stunning 10,000 sq foot completely renovated and fully furnished home. Take in the incredible scenery of the pool, landscape, pasture, creek and beyond to the endless mountain views of the Cohutta Wilderness. The home and grounds underwent a significant renovation and enhancement over the past year including: exquisitely furnished with high end designer furniture, art, lighting, rugs, wallpaper, and decor; new basement level custom kitchen and bar; full gym and game room, spa room with infrared sauna; updated main level chef's kitchen; updated bathrooms; new paint throughout; custom wallpaper treatments; all new light fixtures, led can lights and ceiling fans; Sonos system; new spring fed well pump and pipes with whole house water filtration; two electric car chargers; and new powered entry gates with camera and app control. The exterior and grounds underwent a significant transformation as well, including: complete re-staining and painting the exterior; tree removal and landscaping design to gain complete privacy and spectacular views of the Cohutta Mountain Wilderness; new Sport Court with pickleball, volleyball, badminton, and basketball that could also be used as a helicopter pad; 15x50 heated saltwater pool and spa with pebble tec, commercial gas heater, Indiana limestone pavers, and RH teak furniture; Barn, chicken coop and fencing for animals; and hiking/ATV trails throughout the property. Located just 10 minutes from downtown Blue Ridge or McCaysville, 25 minutes to Blairsville private airport, 25 minutes to Ellijay, and 1.5 hours to Atlanta. The possibilities for this property are limitless: equestrian, family compound, corporate retreat, wedding venue, bed/breakfast, wellness retreat, and more. This estate is unmatched for its combination of location, acreage, square footage, renovation, furnishings, amenities, privacy and views.

Details

Property type

Single Family Residence

Est. home value

$5,693,893

Lot size

23.00 acres

Price per sq ft

$602

Year built

2008

Annual property taxes

$4,641

Price History

08/01/2023
FMLS

FMLS #7256944

Listed
$5,980,000
+199%
05/20/2022
GeorgiaMLS

GeorgiaMLS #9021421

Sold
$2,000,000

Schools & Community

Elementary school: 

Fannin - Other

Middle school: 

Fannin - Other

High school: 

Fannin - Other

Community features: 

None

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

$3,774,577
Asking price
$5,980,000
Closing costs (~8% of asking)
-$478,400
Est. remaining loan balance
-$1,727,023
Cash to seller
$3,774,577

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

Seller’s Loan History

Lender

First Guaranty Mortgage

Loan start date

May 2022

Original loan amount

$1,800,000

Est. remaining balance

$1,727,023

Interest rate

4.67%

Loan type

New Conventional, 30 year

Seller

Mark P Bergeron and James Ken Norton

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: 11/23/2024 at 11:00 AM

Listing updated: 08/15/2024 at 6:25 PM

Listed by: Matthew Kliewer, Ansley Real Estate| Christie's International Real Estate Phone #: (404) 480-4663

MLS: FMLS #7256944

FMLS logo

Recently listed in Blue Ridge