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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.

261 Falcon Heights, Big Canoe, GA 30143

Overpriced

Priced about $503,000 (34%) above comparable homes. Estimated market value $1,497,000, based on 6 comparable homes nearby.

Estimate from Veribas listing comps — a guide, not an appraisal.

About this home

Peace and tranquility await at 261 Falcon Heights in the exclusive gated community of Big Canoe. Brilliantly designed by Architect, Sampler Gray Reese, every space in this home maximizes the breathtaking views of nature. Rolling mountains and Lake Pettit stretch before you all the way to the City of Atlanta on the far horizon. Three levels of Trex decking, a screened porch…

PoolBasementGarageRenovated

Listing remarks courtesy of Ansley Real Estate.

Listing courtesy of Ansley Real Estate· FMLS #7734124

678-520-7595

$13,675/mo est.

with $200,000 down · $2,000,000 list price*

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*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.

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Home facts

Interior19

CoolingCeiling Fan(s), Central Air, Electric

HeatingCentral, Forced Air, Propane

LaundryLaundry Room, Main Level, Sink

BasementDaylight, Driveway Access, Exterior Entry, Finished, Finished Bath, Interior Entry

Bedrooms5

FeaturesBookcases, Coffered Ceiling(s), Crown Molding, Disappearing Attic Stairs, Elevator, Entrance Foyer, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Walk-In Closet(s), Wet Bar

FlooringCeramic Tile, Hardwood, Luxury Vinyl, Tile

Bathrooms5

AppliancesDishwasher, Disposal, Gas Range, Microwave, Range Hood, Refrigerator

Fireplaces4

Room typesAttic, Bathroom, Bedroom, Family Room, Game Room, Great Room - 2 Story, Laundry, Office, Other

Common wallsNo Common Walls

1/2 bathrooms2

Full bathrooms3

Main level bedrooms1

Main level bathrooms1

Finished area above ground4,522 sqft

Finished area below ground1,616 sqft

Total interior livable area6,138 sqft

Property9

LevelsThree Or More

Lot size1.3 ac

Lot featuresFront Yard, Landscaped, Mountain Frontage, Private, Wooded

Body of waterNone

Parcel number023 075

Parking spaces3

Other equipmentNone

Parking featuresDrive Under Main Level, Driveway, Garage, Garage Door Opener, Garage Faces Side, Level Driveway, Parking Pad

Waterfront featuresNone

Construction7

RoofComposition, Ridge Vents, Shingle

ConditionUpdated/Remodeled

Home typeResidential

MaterialsHardiPlank Type, Stone

Year built2,002

Property subtypeSingle Family Residence

Architectural styleCraftsman

Utilities & green energy3

SewerSeptic Tank

WaterPublic

Utilities for propertyCable Available, Electricity Available, Phone Available, Underground Utilities, Water Available

Community & HOA6

HOA fee$415 monthly

Has HOAYes

SecurityCarbon Monoxide Detector(s), Secured Garage/Parking, Security Gate, Security Guard, Security Lights, Smoke Detector(s)

SubdivisionBig Canoe

Services includedReserve Fund, Security, Trash

Community featuresDog Park, Fishing, Fitness Center, Gated, Golf, Homeowners Assoc, Lake, Pickleball, Playground, Pool, Restaurant, Tennis Court(s)

Financial & listing details3

Date on market2026-03-12

Annual tax amount$8,641

Price per square foot$326/sqft

Down payment assistance

Middle-income census tract 13085970101 · Dawson County · FFIEC 2026

Georgia Dream down payment assistance

Up to $10,000 or 5% of the price · Deferred loan (0% — repaid on sale, refinance or payoff)

For down payment. First-time buyers only. 640+ credit score. Ends Dec 31, 2026.

The State of Georgia's program (Georgia DCA), offered through Southeast Mortgage. A 0% second mortgage with no monthly payment covers 5% of the price up to $10,000 (6% up to $12,500 for nurses, educators, public protectors and households with a disabled member); repaid when you sell, refinance or move out. First-time buyers (no home in 3 years; waived in targeted areas and for veterans), household income and price limits by county, 640+ credit, $1,000 of your own money, homebuyer education. Source: dca.georgia.gov and southeastmortgage.com/uga (checked 2026-09-24).

Chenoa Fund down payment assistance

5% of the price · Forgivable loan (forgiven after a set time in the home)

For down payment. 600+ credit score. Ends Dec 31, 2026.

A second mortgage for 3.5% or 5% of the price, paired with an FHA loan through Southeast Mortgage. The forgivable version is 0% and forgiven after 36 on-time payments (due in full if you sell or refinance sooner); a repayable version is paid monthly over 10 years. No income limit, repeat buyers welcome, 600+ credit. Source: chenoafund.org and southeastmortgage.com/uga (checked 2026-09-24).

Georgia Dream down payment assistance

Up to $10,000 or 5% of the price · Deferred loan (0% — repaid on sale, refinance or payoff)

For down payment. First-time buyers only. 640+ credit score. Ends Dec 31, 2026.

The State of Georgia's program (Georgia DCA), offered through Truist, a Georgia Dream participating lender. A 0% second mortgage with no monthly payment covers 5% of the price up to $10,000 (6% up to $12,500 for nurses, educators, public protectors and households with a disabled member); repaid when you sell, refinance or move out. First-time buyers (no home in 3 years; waived in targeted areas and for veterans), household income and price limits by county, 640+ credit, $1,000 of your own money, homebuyer education. Source: dca.georgia.gov (lender list and program matrix, checked 2026-09-24).

Truist Community Homeownership Incentive Program (CHIP)

up to 100% financing · Low down payment loan (the home loan itself — little or nothing down)

For down payment, mortgage insurance. Ends Dec 31, 2026.

A Truist home loan with little or nothing down — not a grant. Up to 100% financing in the Atlanta-Sandy Springs-Alpharetta metro and up to 97% elsewhere, no mortgage insurance, at least $500 of your own money, 30-year fixed up to the conforming limit. Income limits and homebuyer education may apply. Source: truist.com/mortgage/affordable-home-loan-options (checked 2026-09-24).

Programs are published by the lenders, who set and confirm eligibility. The home's census tract is one requirement; buyer income, credit and other rules also apply.