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Property Location

0 Goldmine Drive, Ellijay GA 30536

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List Price $19,900

Units 1

Price / Unit $19,900

Est. Year 1 Cash Flow +$6,335 after debt service

0 Goldmine Drive Ellijay, GA 30536

Data last updated: August 2, 2026 at 9:46 PM EST

ACTIVE

Build your dream mountain retreat on this beautiful 0.58-acre gently sloped lot nestled within the highly sought-after gated community of Walnut Mountain in Ellijay, Georgia. Surrounded by mature hardwoods and the peaceful beauty of the North Georgia mountains, this homesite offers the perfect setting for a custom cabin, full-time residence, or weekend getaway. The natural slope is ideal for a home with a daylight basement, expansive decks, and elevated views of the surrounding forest. Walnut Mountain is one of Ellijay's premier mountain communities, offering a true resort-style lifestyle with an impressive array of amenities. Residents enjoy a sparkling lake perfect for fishing and kayaking, an Olympic-sized swimming pool, tennis and pickleball courts, basketball court, playground, scenic walking and hiking trails, picnic areas, a clubhouse, and multiple community parks. The gated entrance provides added privacy and peace of mind while maintaining easy access to everything Ellijay has to offer. Located just minutes from downtown Ellijay, you'll enjoy convenient access to charming shops, local restaurants, award-winning wineries, apple orchards, hiking trails, mountain biking, and the beautiful Cartecay and Ellijay Rivers. Whether you're looking to build your forever home, a vacation escape, or an investment property, this exceptional lot offers the perfect combination of natural beauty, community amenities, and mountain living. Don't miss this opportunity to own a piece of North Georgia paradise in one of Gilmer County's most desirable gated communities.

Investment Notes — Ellijay

Located in the Ellijay, GA area
Value-add opportunities typically exist through management, renovations, or operational improvements
Rental demand and achievable rents vary significantly by submarket — local market verification is recommended
Actual cash flow depends on occupancy, expenses, financing, and current market conditions

Modeled from FMLS data + Atlanta metro baselines where listing data is incomplete

Price per Unit $19,900 Verified

 Est. Year 1 Cash Flow  +$6,335  after debt service (25% down / 7% / 30-yr)  Modeled   

Confidence scores included Latest FMLS data Transparent modeling

Starts from list price and unit count. No rent data in this listing — enter your own rent assumptions below. Override any value to model your own scenario.

Assumptions

Purchase Price List Price

Number of Units

Avg Rent / Unit / Month Enter your estimate

Annual Gross Potential Income Editable

Enter rent per unit or total GPI to model returns

Vacancy Rate Estimated

5.0%

Operating Expense Ratio Estimated

46%

Financing

Down Payment Default 25%

25%

Interest Rate Default 7%

Loan Term Years

30 yrs

Projected Returns

Gross Potential Income —

Effective Gross Income —

Operating Expenses —

Net Operating Income (NOI) —

Asking Cap Rate —

Price Per Unit —

Annual Debt Service —

Year 1 Cash Flow —

Cash-on-Cash Return —

Simplified estimates for Ellijay. Actual results depend on real rents, expenses, financing terms, and local market conditions. Service view: Inquire for Details.

Why these numbers can differ from the Metrics Bar & Highlights above

The Metrics Bar and Highlights use the service’s numbers (actual MLS Gross / Opex / NOI / Cap Rate when available, otherwise modeled).
This calculator lets you change every assumption in real time. Once you move any slider or input, the results become your scenario, not the service estimate.
Vacancy, expense ratio, and financing terms here may be more or less aggressive than the service defaults.
Cash flow shown is before income taxes, capital expenditures, and any other non-operating items.

Inquire for Details

Jeff’s Investment Take

Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Information

Actual MLS Cap Rate is used when present. Gross Income uses rent roll or MLS Gross Income when available, otherwise modeled. Operating expenses use an all-in ratio by property size. Cash-on-cash assumes 25% down, 7% interest, 30-year amortization. All figures are for screening only — verify with current rent roll and expenses.

Some figures shown on this page are estimated because complete rent-roll or operating data was not provided in the listing. Estimated values are clearly marked.

Any estimated or modeled figures represent the independent analysis of Jeff Crowe / Century 21 The Avenues and are not supplied by FMLS or the listing broker.

This website and its content are for informational and educational purposes only. Nothing on this site constitutes financial, investment, tax, or real estate advice. All information is deemed reliable but not guaranteed. You should always conduct your own thorough due diligence, verify all data independently, review the physical condition of the property, and consult with your own qualified attorney, accountant, and investment advisor before making any purchase decision.

MLS ID: 7799738 · Listing courtesy of MyCrib 360 LLC, Hooman Tabrizi · 404-891-0248

IDX Information Provided by Jeff Crowe · jeffcrowe@c21theavenues.com

FMLS · Updated Daily

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