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$1,900,000

Beds
1
Baths
1.5
sq ft
2,000

565 Owens Gin Rd NE, Calhoun, GA 30701

565 Owens Gin Rd NE

Calhoun, GA 30701

  • 59 days on market
This may be the most beautiful 30 acres in all of Georgia. The perfect example of how a simple vision can be transformed into a majestic private escape, your weekend retreat, your country cottage or an event space that can be an incredible setting shared for the most special occasions in someone's life. Welcome to The Falls at Whitetail Ranch, located in the heart of one of the fastest growing communities North of Atlanta. Calhoun is strategically located between the quaint river community of Chattanooga & the heart of Downtown Atlanta. You're a short drive away from the Blue Ridge & Appalachian Mountains. Whether you're longing for the neon lights of the city or those from the stars above, Calhoun is strategically located for whatever it is that you desire. A nearly 6-acre fully stocked lake is the focal point of The Falls. A beautifully hand-crafted bridge, the length of a football field, with Gazebo, spans the water's edges. Always at full pool, the lake is fed from underground springs and a nearly 450-mile watershed; its waters are always moving which makes for pristine mirrored reflections year-round. The spillway on the lake's north end is constantly feeding the Salacoa Creek, which flows into the Coosawattee River running downstream from Carters Lake. A fishing pier adorns the water's edge on the lake's north end. A flowing river fed by pumps pulling water from the lake cuts through the heart of the property; almost as if created by God, the stream flows through a natural environment that's accented with architectural precision. The water's path takes it beneath a wooden bridge that spans the break in the asphalt's drive, over a fall and back into your private lake. Three more waterfalls span the lake's southern edge. Both the river & south end of the lake are lined w/handpicked boulders and stone from the North Georgia mountains. It took design crews & craftsmen more than 3 years to retrieve & strategically place the rock throughout The Falls. An industrial fountain at the lake's south end is patterned after the fountains at Augusta and is illuminated at night by four LED lights. Spectacular. A hardscaped area has been crafted alongside the property's original nearly 100-year-old cottage including a stone grill, fire pit & gaming area with horseshoes and corn hole. Landscape lighting & party lights create an incredible after dark atmosphere throughout The Falls, strategically placed from the gates as you enter, to the bridge and the structures throughout The Falls. Simply breathtaking. Roughly 10-acres are kept beautifully manicured. Nearly every inch of the property is neatly maintained. 32-zones of sprinklers ensure The Falls will stay green and lush throughout the summer, even in the absence of rain. Don't worry about your water bill, the irrigation system pulls from the lake. A nearly 4,000 square foot pavilion, with wet bar, stage, bench seating & a half bath overlooks the Salacoa Creek on the property's eastern boundary. If you choose to keep The Falls as an events space, it comes with Lifetime tables & chairs for seating for roughly 200 people. The main home hosts an open lodge type entrance with stone fireplace, open living area & kitchen. Beyond the entrance is a master bath and suite, and a half bath. If you'd like a second or third bedroom, the one car garage and open attic space can both be transformed into bedrooms with full baths, easily making this home into a 3 bedroom, 3 & a half bath cottage. With wrap around porch, screened in patio and back deck with gazebo overlooking the Salacoa Creek, you will experience the most breathtaking sunsets and sunrises most every day of the year. Once you've arrived, you may never want to leave. The property includes a 540 sq ft detached garage, 300 sq ft bathhouse w/shower & HVAC. There is nothing that compares the breathtaking views and colors of the seasons of The Falls. Call us today for a private tour!

Details

Property type

Single Family Residence

Est. home value

$380,843

Lot size

29.61 acres

Price per sq ft

$950

Year built

2012

Price History

07/22/2024
FMLS

FMLS #7426571

Listed
$1,900,000
+268.22%
03/22/2021
FMLS

FMLS #5947575

Sold
$516,000

Schools & Community

Elementary school: 

Red Bud

Middle school: 

Red Bud

High school: 

Sonoraville

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

$1,343,226
Asking price
$1,900,000
Closing costs (~8% of asking)
-$152,000
Est. remaining loan balance
-$404,774
Cash to seller
$1,343,226

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

Seller’s Loan History

Lender

Certainty Home Loans

Loan start date

March 2021

Original loan amount

$438,600

Est. remaining balance

$404,774

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Karen Grattafiori and John D Grattafiori

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?

Similar Homes Nearby

Pending
FMLS
$1,950,000
5 bd
|
5.5 ba
|
8,800 sq ft
|
House

511 Ridgewood Dr NW, Calhoun, GA 30701

Status: Active

Tomo last checked: 09/19/2024 at 5:40 PM

Listing updated: 09/11/2024 at 5:05 PM

Listed by: Karen Grattafiori, RB Realty Phone #: (678) 679-1175

MLS: FMLS #7426571

FMLS logo

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