Property Location

4.69 Rockwater Road, Ellijay GA 30536

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List Price $44,000
Units 1
Price / Unit $44,000
Est. Year 1 Cash Flow +$4,892 after debt service
4.69 Rockwater Road Ellijay, GA 30536
FMLS IDX Data last updated: August 2, 2026 at 9:46 PM EST
ACTIVE
Property Description
Don't miss this rare opportunity to own 4.69 acres of unrestricted land on Rockwater Road in Ellijay, ideally located between Downtown Ellijay and Downtown Blue Ridge. With no HOA or subdivision restrictions and abuts to the Chattahoochee National Forest, you'll enjoy the freedom to design and build exactly what you've been dreaming of-whether that's a private mountain cabin, full-time residence, or investment property. A recent survey has already been completed, electricity is available, and the gently rolling terrain offers multiple potential building sites surrounded by the natural beauty of North Georgia. While no soil test has been completed yet, the property provides excellent potential for future development. Tucked away in a peaceful setting yet only a short drive to the shops, restaurants, wineries, and outdoor activities of both Ellijay and Blue Ridge, this land offers the perfect blend of privacy and convenience. With endless possibilities and a highly desirable location, this 4.69-acre tract is the perfect place to create your mountain retreat. Map GPS to 3240 Old Parker Place Road, Ellijay GA 30536. Go past this address on your L, follow to the lot on the R after a few hundred feet. Lot will be on your R in the curve that is on your R. Sign in place. From Walmart in Ellijay, In 0.6 mi, turn R onto Hwy 515N. in 1.6 mi, turn L onto First Ave. In 600 ft, turn R onto Hwy 52 E. In 5.3 mi, turn L onto Big Creek Rd. In 1.7 mi, turn R onto Holt Bridge Rd. in 5.8 mi, turn L onto Roy Road. In 0.9 mi, turn R onto Tickanetley Rd.In 0.5 mi, continue onto Old Parker Place Road. In 3.5 mi, the destination is on your right. Sign in place. Lot is not flat, semi steep.
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
Professional Investment Analysis

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

Price per Unit $44,000 Verified
Est. Year 1 Cash Flow +$4,892 after debt service (25% down / 7% / 30-yr) Modeled
Confidence scores included Latest FMLS data Transparent modeling
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Insufficient data for a modeled recommendation. Contact for the rent roll and actuals.

Important Investment Disclaimer
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: 7646275 · Listing courtesy of RE/MAX Town And Country, Emily Reece · 706-889-6154

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