Back 623 Summit Lane
Off Market

623 Summit Lane

Ellijay GA 30540

3
3
2213 sq. ft.
0.78 ac.
Single-Family
Last sold for $365,000
Emily ReeceEmily Reece, last sold this property on 18 December 2024 after 611 days on market.

Overview

This under-construction home is located in the highly desired Coosawattee River Resort in North Georgia. It is situated on 0.78 acres and offers mountain views. The three-level home has many notable features, including soaring tongue and groove vaulted ceilings with large glass windows, a beautiful stone stacked fireplace, and a wet bar. The kitchen is equipped with granite countertops, a kitchen island, custom white wood cabinets, a pantry, and stainless steel appliances. Additionally, there's a bedroom and bathroom conveniently located on the main level. From the living room, you can access the back door and step onto the wrap-around porch. Upstairs, you'll find the second large oversized bedroom with tongue and groove detailing, and a full bathroom with a large tile shower, tile bathroom floors, and granite countertops. On the terrace level, you'll discover the third finished bedroom and bathroom, which also feature granite countertops and a tile shower. The basement area is already stubbed, allowing for the potential to finish the remaining space according to your preferences. The home has brown luxury vinyl flooring throughout, adding a touch of elegance. Additionally, there are plans for a paved driveway, providing convenient and easy parking. Based on a gross rental projection, the property has the potential for vacation rentals, with an estimated range of $24, 000 to $45, 000 in rental income. The completion date for this home is expected around August 1, 2023.

Features

3 bedrooms
3 bathrooms
2213 sq. ft. floor area
0.78 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Ellijay over the last 12 months, the estimated median property value of 623 Summit Lane is $459.9k.

Median value
$459.9k
Estimated value range
$36k - $1.1m
Median days on market
54
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Ellijay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 623 Summit Lane

2024
Sold
$365,000
18 Dec 2024 by Emily Reece, of REMAX Town & Country | Berthoud

Happy sellers in Ellijay

67%
67% of sellers in Ellijay reported that their sale price either exceeded or met their price expectations.

Ellijay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Ellijay over the last 12 months.

Local market activity for 3 bedroom single-family properties in Ellijay

In the last 12 months, 224 three-bedroom single-family properties similar to 623 Summit Lane, have been sold.

This represents a 3% decrease in three-bedroom single-family properties sales when compared to the previous 12 months.

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