Active$689,000
4 bd3 ba2,983 SFSingle-family home
525 Riverside Drive
East Ellijay, GA 30540 · 32 days listed
FMLS #7844642 · Listing Provided By RE/MAX Town And Country · 706-889-6840
Active57 days listed
196 Whitewater Path, East Ellijay, GA 30536
- 3bd
- 2ba
- 1,005SF
- 0.53ac lot
FMLS #7830124 · Listing Provided By Real McCoy Realty Consultants, Inc. · 770-597-4141 · Listing agent Jamilee Fagan
About this home
Rare opportunity to own a fully furnished riverfront retreat on the beautiful Cartecay River, less than 10 minutes from Downtown Ellijay. Thoughtfully designed for both personal enjoyment and short-term rental use, this turnkey cabin offers direct river access and an incredible setting for enjoying everything North Georgia has to offer. The cabin features a king loft, queen bedroom on the main level, dedicated bunk room, 1.5 baths, and an outdoor shower. Step outside to enjoy the hot tub overlooking the river, fire pit, Blackstone grill, spacious outdoor living areas, and easy access to the Cartecay for tubing, fishing, or simply relaxing by the water. Currently operated as the established Cartecay Castaway vacation rental, the property is being sold fully furnished and ready for its next owner to enjoy from day one. Conveniently located near Downtown Ellijay, apple orchards, wineries, hiking, dining, and shopping. An ideal option for a weekend getaway, second home, or investment property in one of North Georgia’s most desirable mountain destinations.
How this list price compares in East Ellijay
Figures are list prices from current FMLS IDX inventory (Active, Active Under Contract and Pending), not sales prices or appraisals.
Home facts
- Property type
- Single-family home
- Status
- Active
- Bedrooms
- 3
- Full baths
- 1
- Half baths
- 1
- Living area
- 1,005 SF
- Lot size
- 0.53 acres
- Year built
- 1987
- Levels
- Two
- Main-level bedrooms
- 1
- Parking
- Driveway, Parking Pad
- Style
- Cottage
- Construction
- Wood Siding
- Roof
- Metal
- Flooring
- Carpet, Hardwood
- Heating
- Central
- Cooling
- Central Air
- Fireplaces
- 1
- Appliances
- Dishwasher, Disposal, Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
- Lot
- Stream or River On Lot
- HOA
- $800 annually
- Annual tax
- $2,145 (2025)
- County
- Gilmer
Assigned schools
- HighGilmer
- MiddleClear Creek
- ElementaryClear Creek - Gilmer
As reported in the listing. Verify with the school district.
Payment estimate
Estimate the monthly payment
Prefilled with the list price of $779,000 and this week's average rate. Change anything to see your number.
Estimated monthly payment
$5,479/mo
- Principal and interest
- $4,816
- Property tax
- $179
- Home insurance
- $125
- Mortgage insurance
- $292
- HOA dues
- $67
- Loan amount
- $701,100
- Cash down
- $77,900
This is an estimate only. Not a lender, not a loan offer and not a rate quote. Rates: Freddie Mac PMMS weekly average for 2026-10-22: 30-yr 7.32%, 15-yr 6.68%. Tax uses the annual tax amount in the listing; insurance assumes $1,500 a year. Conventional adds 0.5% a year mortgage insurance under 20% down; FHA uses 3.5% minimum down, a 1.75% upfront premium financed and 0.55% a year MIP; VA adds a 2.15% funding fee financed under 5% down and no monthly MI. Talk to a licensed lender for a real quote.
Similar homes for sale in East Ellijay
ActiveQuestions about this home
How do I schedule a showing of this home?
Use the "Ask about this home" form on this page and include the days and times that work for you. Jeff Crowe will follow up to set up a showing.
How do I get more information about this listing?
Send your question through the form on this page. Listing details come from FMLS and are provided by Real McCoy Realty Consultants, Inc., so confirm them before making an offer.
Is this home still available?
This page shows the status reported in FMLS (Active) as of the last update. Status can change quickly, so ask through the form to confirm before you tour.
How is the monthly payment estimate calculated?
It uses the list price, an average mortgage rate, the tax amount in the listing (or an estimated tax rate when none is given), estimated insurance and any HOA dues in the listing. It is an estimate only, not a loan offer. Talk to a licensed lender for a real quote.
Where can I see similar homes for sale in East Ellijay?
See the similar homes section on this page, or browse all homes for sale in East Ellijay, GA.
Beyond homes
Also exploring Georgia investment real estate?
Jeff Crowe is a local, full-service agent with CENTURY 21 The Avenues who also works with buyers and sellers of apartment buildings, churches, commercial property and land across Georgia. The pages below are other property types and investor research, separate from this home listing.
Other property types for sale
- apartment buildings for sale in GeorgiaApartment buildings and complexes for sale across Georgia.
- multifamily investment properties in GeorgiaDuplexes to large complexes, with screening cap rates on each building.
- church buildings for sale in GeorgiaChurch buildings and sanctuaries for sale statewide.
- Georgia land and acreage for saleAcreage, lots and development land.
- apartment buildings for sale in AtlantaApartment buildings for sale inside the City of Atlanta.
Investor research and tools
- cap rates for apartment buildings in AtlantaMedian screening cap rates on Georgia and Atlanta apartment asks, with sample sizes.
- multifamily NOI guideHow NOI is built on an apartment building, line by line, and where listing NOI goes wrong.
- DSCR loan guideDSCR loans for apartment buildings: the 1.25x test, what lenders size on, and Georgia asks.
- cash-on-cash return on apartment buildingsCash-on-cash return on apartment buildings: the formula, a worked deal, and Georgia asks at today's rates.
- cap rate calculatorBuild NOI from rents and expenses, then solve for cap rate, price, or value.
- multifamily deal analyzerRent roll, expenses and the loan in one model: NOI, DSCR, cash-on-cash, cash flow, PDF.
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