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Active224 days listed

508 Lemmon Lane, Ellijay, GA 30540

  • 2bd
  • 2ba
  • 1,552SF
  • 0.54ac lot

Single-family homeCoosawattee River Resort

List price

$329,900

$213/SF list

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FMLS IDXFMLS #7737510 · Listing Provided By EXP Realty, LLC. · 888-959-9461 · Listing agent Mistee Gruber

Location

508 Lemmon Lane, Ellijay GA 30540

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About this home

NEW PRICE - $20,000 PRICE IMPROVEMENT! Now offered at $329,900, this is a great opportunity to own a North Georgia mountain home in Ellijay's gated Coosawattee River Resort! Whether you're searching for a vacation home, investment, or full-time residence, this move-in-ready 2-bedroom, 2-bath retreat offers the perfect blend of comfort, privacy, and resort-style living. MORE LAND! .57-acre Lot next door is included making property over 1 acre, providing added privacy and future possibilities. Unfinished basement, convenient dumbwaiter for transporting groceries and luggage, and a whole-house generator for added peace of mind. Unwind on the spacious top deck, a screened in back deck or the additional patio below with hot tub. Coosawattee River Resort offers mountain living with exceptional amenities, including five private riverfront parks with tent camping and RV hookups for guests, multiple dog parks, a stocked fishing pond, and the beautiful Coosawattee River for kayaking, tubing, and fishing. Also enjoy an events center with panoramic mountain views, three swimming pools (including a heated indoor pool open year-round), a recreation center with a fitness center and arcade, 18-hole miniature golf, pickleball and tennis courts, playgrounds, scenic hiking trails, and abundant wildlife throughout the community. Located just minutes from downtown Ellijay, you'll enjoy easy access to award-winning wineries, apple orchards, boutique shopping, restaurants, mountain biking, hiking, and year-round festivals. With short-term rentals permitted, this property offers an outstanding opportunity to generate rental income or simply enjoy your own private mountain escape. Don't miss this rare opportunity to own a mountain retreat with an additional lot in one of Ellijay's most desirable gated communities. Schedule your private showing today! Qualified buyers can purchase this home with NO MONEY DOWN when using Preferred Lender!

How this list price compares in 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
2
Full baths
2
Living area
1,552 SF
Lot size
0.54 acres
Year built
2003
Levels
One
Main-level bedrooms
2
Parking
Attached, Carport, Covered, Driveway, Level Driveway
Basement
Daylight, Exterior Entry, Unfinished, Other
Style
Ranch, Traditional
Construction
Vinyl Siding
Roof
Shingle
Flooring
Hardwood, Other
Heating
Central
Cooling
Ceiling Fan(s), Central Air
Fireplaces
1
Appliances
Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Self Cleaning Oven, Washer, Other
Lot
Back Yard, Cleared, Front Yard, Landscaped, Wooded
Community
Clubhouse, Fishing, Fitness Center, Gated, Homeowners Assoc, Lake, Near Schools, Near Shopping, Near Trails/Greenway, Pool, Tennis Court(s), Other
HOA
$2,517 annually
Annual tax
$596 (2025)
County
Gilmer

Assigned schools

As reported in the listing. Verify with the school district.

Payment estimate

Estimate the monthly payment

Prefilled with the list price of $329,900 and this week's average rate. Change anything to see your number.

Loan type
Estimated monthly payment

$2,548/mo

Principal and interest
$2,040
Property tax
$50
Home insurance
$125
Mortgage insurance
$124
HOA dues
$210
Loan amount
$296,910
Cash down
$32,990

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.

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Questions 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 EXP Realty, LLC., 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 Ellijay?

See the similar homes section on this page, or browse all homes for sale in Ellijay, GA.

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Also exploring Georgia investment real estate?

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