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$1,499,999

Beds
3
Baths
3.5
sq ft
3,120

328 Black Ankle Creek Rd, Cherry Log, GA 30522

328 Black Ankle Creek Rd

Cherry Log, GA 30522

  • 134 days on market
    • Price drop $100,000↓
Welcome to the Lodge at Noontootla Creek. Nestled in the heart of the Aska Adventure Area, this exquisite private estate graces a magnificent 5+ acre lot, enveloped entirely by the serene embrace of Noontootla Creek. Picture yourself entering through the home's private gate and stepping into a world of natural splendor, where waterfalls, babbling brooks, and pools dance harmoniously with a spring-fed pond and picturesque meadows, all set against a backdrop of stunning mountain and creek views. This breathtaking black-stained estate features an additional sleeping loft/bonus room and a four-stall horse barn equipped with self-watering stalls, a horse shower, and guest quarters-an equestrian and farm lover's paradise. With approved perk tests for both a tiny home/cottage and a 4/3 bedroom home on the additional acreage, the potential for expanding this estate into a private venue, wine-tasting location, or luxury hospitality site is boundless. Evoking the charm of a Southern Living Magazine cover, the lodge boasts wraparound decks, the soothing sounds of the creek, and easy access to a forest service road for horseback riding or hiking adventures. Perfect for the adventurer, the entertainer, and the mountain lover, the Lodge at Noontootla Creek offers an unparalleled sanctuary of elegance and inspiration.

Details

Property type

Single Family Residence

Est. home value

$924,632

Lot size

5.39 acres

Price per sq ft

$481

Year built

2000

Annual property taxes

$2,356

HOA

No

Price History

10/17/2024
FMLS

FMLS #7419815

Price change
$1,499,999
-6.25%
07/12/2024
FMLS

FMLS #7419815

Listed
$1,599,999
+122.22%
03/05/2021
GeorgiaMLS

GeorgiaMLS #8874858

Sold
$720,000

Schools & Community

Elementary school: 

Blue Ridge - Fannin

Middle school: 

Fannin County

High school: 

Fannin County

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

$876,871
Asking price
$1,499,999
Closing costs (~8% of asking)
-$120,000
Est. remaining loan balance
-$503,128
Cash to seller
$876,871

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

Seller’s Loan History

Lender

Land Home Financial Services

Loan start date

March 2021

Original loan amount

$548,250

Est. remaining balance

$503,128

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Cynthia Lecornu

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: 11/23/2024 at 4:05 AM

Listing updated: 11/15/2024 at 6:10 AM

Listed by: Cynthia Lecornu, Mountain Sotheby's International Realty Phone #: (706) 222-5588

MLS: FMLS #7419815

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