556 Cherry Lake Drive

Blue Ridge, GA 30513

$425,000
Price
3
Beds
3
Baths
1
1/2 Bath
1,696 Sq. Ft.
$251 / Sq. Ft.
1,696
Sq. Ft.
$251
per Sq. Ft.

Description

This exceptional 3-bedroom, 2-bathroom short term rental in the sought-after Cherry Lake community presents a lucrative investment opportunity. Situated against the breathtaking backdrop of the Blue Ridge Mountains, this property boasts a consistent rental history, making it a valuable addition to any investor's portfolio. The home's design maximizes its natural surroundings, with expansive windows framing panoramic views and an outdoor deck that beckons relaxation and enjoyment. Inside, the main...This exceptional 3-bedroom, 2-bathroom short term rental in the sought-after Cherry Lake community presents a lucrative investment opportunity. Situated against the breathtaking backdrop of the Blue Ridge Mountains, this property boasts a consistent rental history, making it a valuable addition to any investor's portfolio. The home's design maximizes its natural surroundings, with expansive windows framing panoramic views and an outdoor deck that beckons relaxation and enjoyment. Inside, the main level exudes charm with 2 bedrooms, 1 bath, and a spacious great room featuring cathedral ceilings that blend rustic wood and contemporary drywall seamlessly. For added privacy and versatility, the finished basement offers an additional bedroom and full bath, catering to guests or older children. Fully furnished and complete with a separate workshop/storage shed, this property caters to tenants seeking both comfort and outdoor recreation. Conveniently located with easy access to paved roads and high-speed internet, this investment property merges the tranquility of nature with modern amenities. Don't miss out on this opportunity to capitalize on a consistently rented, high-demand rental in Cherry Lake - a great choice for the discerning investor.
  1. Listed by Heather Foresman • Engel & Völkers North GA Mountains
  2. Listed by Linda Baker • Engel & Völkers North GA Mountains

Property Details for 556 Cherry Lake Drive

Subdivision
Cherry Lake
Style
Country/Rustic
Fees Include
None
Parking
Off Street
LISTING UPDATED: 10/01/2024 01:07 AM

Property Details for 556 Cherry Lake Drive

StatusActive
MLS #10366553
Days on Market78
Taxes$2,569 / year
HOA Fees$300 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1994
Lot Size1.10 AC / 47,916 SF
CountyGilmer County

Building Information for 556 Cherry Lake Drive

Stories1Year Built1994Building Size-Lot Size1.10 AC / 47,916 SF

Property Information for 556 Cherry Lake Drive

Summary
Location and General Information
  • District: 7
  • Elementary School: Ellijay Primary/Elementary
  • ES Bus: Yes
  • High School: Gilmer
  • High School Bus: Yes
  • Middle School: Clear Creek
  • Middle School Bus: Yes
  • Amenities: None
  • Directions: From Hwy 515 S in Cherry Log turn Right on Joanne Sisson Road entrance to Cherry Log Mountain follow thru covered bridge staying Left at Stop, continue to Cherry Lake/Granny Branch sign. Turn Right on Cherry Lake Dr., cabin is .5 miles on Left.
  • Lot Description: Level, Sloped
Taxes and HOA
  • Association: Yes
  • Parcel Number: 3104D 123
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 0
  • BAF Lower: 1
  • BAF Main: 2
  • BAF Upper: 0
  • BAH Lower: 0
  • BAH Main: 0
  • BAH Upper: 1
  • BR Lower: 1
  • BR Main: 2
  • BR Upper: 0
  • Interior: High Ceilings
  • Rooms: Bonus Room
  • Laundry Features: Common Area
  • Basement Description: Full, Partial
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Flooring: Hardwood
Exterior Features
  • Roof Type: Metal
  • View: Mountain(s), Seasonal View
Property
Utilities
  • Cooling: Central Air, Electric
  • Heating Type: Central
  • Water/Sewer: Septic Tank
  • Utilities: Cable Available, High Speed Internet
  • Water Source: Shared Well
Property and Assessments
  • Tax Year: 2023
  • Below Grade Finished: 976
  • Construction: Log
  • Stories: One
  • Deed Page: 61
  • Plat Page: 80
  • Leased Land: No
  • Property Condition: Resale
  • Deed Book: 2470
  • Plat Book: 24
Lot Information
  • Land Lot: 76
  • Lot: 123
  • Section: 2
  • Above Grade Finished: 720

Property History for 556 Cherry Lake Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 556 Cherry Lake Drive

Taxable ValueLand$20,400Additions$124,404Total$144,804
Tax Record2024$2,244 ($187 / month)
Home Facts
Beds2Baths1Total Finished SqFt1,696 SqFtAbove Grade Finished SqFt1,696 SqFtStories1Lot Size47,916 SqFtStyleSingle Family ResidenceYear Built1994Year Renovated2004ZoningR1CountyGILMERAPN3104D 123Fireplace TypeHas Fireplace

Schools near 556 Cherry Lake Drive

This home is within Gilmer County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - K to 5
Public - 5 to 6
Public - 6 to 8
Rating
School
Distance
Ellijay Elementary School
PublicPK to 5

Clear Creek Elementary School
PublicK to 5

Gilmer Middle School
Public5 to 6

Clear Creek Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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556 Cherry Lake Drive is a single family home for sale in Blue Ridge, GA 30513. This property was listed for sale on August 28, 2024 by Engel & Völkers North GA Mountains, it's currently listed at $425,000. It has been on the market for a total of 78 days and was last sold on January 13, 2022. This listing's school district is Gilmer County School District. Nearby schools include Ellijay Elementary School, Clear Creek Elementary School and Gilmer Middle School. 556 Cherry Lake Drive is a 3-bed, 3.5-bath, 1,696 sqft single family home built in 1994.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Engel & Völkers North GA Mountains, Heather Foresman; Engel & Völkers North GA Mountains, Linda Baker

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.