Sold Price cut: $15,000 (1/5)
$110,000
3 beds
240 Felton Drive, Ellijay, GA 30536
About this home
This listing is a great opportunity for property to be developed or a fun getaway retreat. Majority of the property is pasture land. Located in Ellijay in North Georgia mountains, the property is 11.84 total acres, with three creeks that intersect the property. There is a small 3 bedroom, 1 bathroom house which could be restored or torn down. Land mostly fenced in and gated,…
No HOA
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by Berkshire Hathaway HomeServices Georgia Properties.
· FMLS #5901063$752/mo est.
with $11,000 down · $110,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
3
Beds
1980
Built
12 ac
Lot
None
HOA
$1,019/yr
Est. taxes
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,850/morange $2,650 – $3,05031.1% gross yield
Based on 8 similar rentals within 10 mi (4 recently leased).
3 bd · 3 ba · 3.3 mi away · leased$2,400/mo4 bd · 5 ba · 5.8 mi away$5,500/mo2 bd · 2 ba · 1,300 sqft · 5.9 mi away · leased$3,000/mo3 bd · 3 ba · 2,200 sqft · 8 mi away$3,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$784/mo
Principal & interest$642
Property taxes$110
Home insurance$32
Down payment$11,000 (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
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Schools
Mountain View - GilmerElementary
Gilmer - OtherMiddle
GilmerHigh
Location
5 for sale 1 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS · #5901063
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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.
