Sold Price cut: $50,000 (6/13)
$1,275,000
5 beds · 4 baths · 3,540 sqft
124 River Shoals Road, Ellijay, GA 30536
Overpriced
Priced about $599,526 (89%) above comparable homes. Estimated market value $675,474, based on 298 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Southern Riverfront Luxury Meets Investment Gold -- Your Private Cartecay Retreat Awaits Tucked into a gentle bend of the sparkling Cartecay River, this furnished luxury mountain chalet is more than a home--it's a lifestyle, an experience, and a rare investment opportunity rolled into one. Wake up each morning to the soothing sound of rushing rapids, sunlight streaming through…
Home details
5
Beds
4
Baths
3,540
Sqft
2004
Built
1.7 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$7,100/morange $6,600 – $7,6006.7% gross yield
Based on 3 similar rentals within 10 mi (2 recently leased).
3 bd · 3 ba · 5.4 mi away · leased$2,400/mo2 bd · 2 ba · 1,300 sqft · 5.5 mi away · leased$3,000/mo4 bd · 5 ba · 9.2 mi away$5,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$9,090/mo
Principal & interest$7,443
Property taxes$1,275
Home insurance$372
Down payment$127,500 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for sale
We stand behind every home
AI-verified pricing
Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
EllijayElementary
Clear CreekMiddle
GilmerHigh
Location
25 for sale 1 pending 12 sold
Listed by
BHGRE Metro Brokers · Sold by Atlanta Fine Homes Sotheby's International
Source: FMLS · #7549990
More homes you might like
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.. All rights reserved. IDX information is refreshed every 30 minutes; data last updated Oct 4, 2026, 1:30 AM ET. Technical services for the display and support of FMLS content on this site are provided in-house by Veribas Real Estate LLC, 3480 Preston Ridge Rd, Suite 500, Alpharetta, GA 30005 · (833) 837-4227 · hello@veribas.com.
Homes for sale by city
(833) 837-4227
hello@veribas.com
© 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.
