Sold Price cut: $20,000 (11/29)
$499,900
2 beds · 3 baths · 2,400 sqft
140 Ridge Road, Ellijay, GA 30540
Fair price
Priced in line with comparable homes. Estimated market value $505,270, based on 243 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
PRICE REDUCED-Exquisite Log Home on 1 Acre Private Setting. This 2BR, 2.5BA cabin has an unfinished walk out basement with 1200 sq ft of additional living space. The exterior of this chink log cabin is accented w/ beams & natural Tennessee stone. The cabin has a whole house generator & water filtration system. As you enter you will see a beautiful etched glass wood door that…
PoolBasementOpen floor plan
Listing remarks courtesy of Georgia Mountain Living Realty, LLC · Sold by RE/MAX Town And Country.
· FMLS #7468061$3,418/mo est.
with $49,990 down · $499,900 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
2
Beds
3
Baths
2,400
Sqft
2007
Built
1.1 ac
Lot
1
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,500/morange $4,175 – $4,82510.8% gross yield
Based on 3 similar rentals within 10 mi (2 recently leased).
3 bd · 3 ba · 2,054 sqft · 3 mi away$2,500/mo2 bd · 2 ba · 1,300 sqft · 5.7 mi away · leased$3,000/mo3 bd · 3 ba · 7.4 mi away · leased$2,400/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$3,606/mo
Principal & interest$2,918
Property taxes$500
Home insurance$146
HOA$42
Down payment$49,990 (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 value
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Schools
Gilmer - OtherElementary
Gilmer - OtherMiddle
Gilmer - OtherHigh
Location
2 for sale 12 sold
Listed by
Georgia Mountain Living Realty, LLC · Sold by RE/MAX Town And Country
Source: FMLS · #7468061
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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.
