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Property Location

LOT 15 Waterstone Way, Mineral Bluff GA 30559

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List Price $99,000

Units adj 1

Price / Unit $99,000

LOT 15 Waterstone Way Mineral Bluff, GA 30559

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

ACTIVE

Welcome to WaterStone at Jonica Gap - a gated luxury mountain community where natural beauty and resort-style amenities come together. Lot 15 offers 1.50 acres with beautiful year-round pasture views, mostly level, gently rolling terrain, frontage on a feeder branch of Owenby Creek, and plenty of cleared pasture. Conveniently located near the entrance gate, this homesite is also just a short distance from the community clubhouse and pool, giving you easy access to all of WaterStone's outstanding amenities. Residents enjoy exclusive access to more than 4,100 feet of trout-stocked Owenby Creek. Premium community amenities include a beautifully appointed clubhouse, a sparkling pool, pickleball court, putting green, and scenic creekside gathering spaces with a firepit. WaterStone at Jonica Gap offers the perfect blend of privacy, recreation, and convenience, featuring large estate-sized homesites with fully paved road access, community water, and high-speed fiber internet. Plus, you're less than 20 minutes from the charming shops and restaurants of downtown Blue Ridge, GA, as well as the casinos and entertainment of Murphy, NC. Imagine waking up each morning to the crisp mountain air and a soothing creek in your backyard, casting a line just steps from your door, and ending the day around the outdoor grills as the cool mountain evenings settle in. Whether you're looking for a full-time residence, a weekend retreat, or a legacy property, WaterStone at Jonica Gap is the perfect place to experience everything the North Georgia and Southwest North Carolina Mountains have to offer-from hiking, kayaking, fishing, and whitewater rafting to some of the most breathtaking scenery in the region. Don't wait-come experience this incredible community for yourself today!

Investment Notes — Mineral Bluff

Located in the Mineral Bluff, 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

Built from available FMLS income data and transparent operating assumptions · Units adjusted (LIKELY_SFR_OR_MOBILE)

Price per Unit $99,000 Verified

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. Units adjusted (LIKELY_SFR_OR_MOBILE).

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

40%

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 Mineral Bluff. 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

Suppressed (LIKELY_SFR_OR_MOBILE). Verify classification and actual numbers with the listing agent.

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: 7800335 · Listing courtesy of Engel & Volkers North Georgia Mountains, Vitor Silva · mark@evmountains.com

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

FMLS · Updated Daily

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