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556 Cherry Lake Drive

Cherry Log, GA 30522

3 beds
2 baths
1,696 sqft
~1 acre lot
$270 per sqft
1994 build
– on site

This exceptional 3-bedroom, 2-bathroom short term rental in the sought-after Cherry Lake community presents a lucrative investment opportunity. Situated against the breathtaking backdrop of the Blue Ridge Mountains, this property boasts a consistent rental history, making it a valuable addition to any investor's portfolio. The home's design maximizes its natural surroundings, with expansive windows framing panoramic views and an outdoor deck that beckons relaxation and enjoyment. Inside, the main level exudes charm with 2 bedrooms, 1 bath, and a spacious great room featuring cathedral ceilings that blend rustic wood and contemporary drywall seamlessly. For added privacy and versatility, the finished basement offers an additional bedroom and full bath, catering to guests or older children. Fully furnished and complete with a separate workshop/storage shed, this property caters to tenants seeking both comfort and outdoor recreation. Conveniently located with easy access to paved roads and high-speed internet, this investment property merges the tranquility of nature with modern amenities. Don't miss out on this opportunity to capitalize on a consistently rented, high-demand rental in Cherry Lake – a great choice for the discerning investor.

Listing courtesy of NEGBOR / Engel & Volkers North Georgia Mountains

Last checked: Checking… • Last updated Apr 4, 2024 •

MLS# 402375 —

The Building

Year Built:

1994
New Construction:

false
Construction Materials:

Frame, Log Siding, Log
Architectural Style:

Cabin, Country/Rustic
Roof:

Metal
Basement:

Finished, Partial
Exterior Features:

Private Yard, Fire Pit
Window Features:

Insulated Windows, Wood Frames, Screens
Patio And Porch Features:

Front Porch
Levels:

Two
Stories:

2
Building Area Total:

1696
Building Area Units:

Square Feet
Above Grade Finished Area:

720
Below Grade Finished Area:

976

Interior

Interior Features:

Ceiling Fan(s), Cathedral Ceiling(s), Sheetrock, Wood
Furnished:

Furnished
Flooring:

Wood
Fireplace:

true
Fireplaces Total:

1
Fireplace Features:

Vented, Gas Log
Spa:

true

Room Dimensions

Living Area:

1696

The Property

View:

Mountain(s), Seasonal, Year Round, Trees/Woods
View:

true
Parcel Number:

3104D 123
Property Type:

Residential
Property Subtype:

Residential
Property Condition:

Resale
Lot Size Area:

1.1
Lot Size Acres:

1.1
Lot Size Units:

Acres
Lot Size SqFt:

47916
Topography:

Sloping,Wooded
Fencing:

Fenced
Frontage Type:

Road
Waterfront:

false
Other Structures:

Workshop

Listing Agent

Contact info:

Taxes

Tax Lot:

123

Beds

Bedrooms Total:

3
Main Level Bedrooms:

2
Master Bedroom Level:

Main

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Virtual Tour URL Unbranded:

www.airbnb.com/rooms/924625338782549842?source_impression_id=p3_1711021750_Hiso8lva6x27rkJJ
Buyer Agency Compensation:

3

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

true
Cooling:

Central Air, Electric

Utilities

Sewer:

Septic Tank
Water Source:

Community

Appliances

Appliances:

Refrigerator, Range, Microwave, Washer, Dryer
Laundry Features:

Main Level

Schools

Middle Or Junior School District:

Gilmer County

The Community

Subdivision Name:

Cherry Lake
Community Features:

Lake Access
Spa Features:

Heated
Senior Community:

false

Parking

Garage:

false
Carport:

false
Open Parking:

true
Parking Features:

Driveway, Gravel

Monthly cost estimate

Asking price

$459,000

Expense	Monthly cost
Mortgage	$2,457
Taxes	N/A
Insurance	$126
Utilities	$152 See report
Total	$2,735/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/3/24 Apr 3, 2024	Listed / Active	NEGBOR	$459,000

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This house located in Cherry Log, GA 30522 is currently for sale for $459,000. 556 Cherry Lake Drive is a 1,696 square foot house with 3 beds and 2 baths that has been on Estately for 27 days. This house is in the attendance area of Ellijay Primary School, Ellijay Elementary School, Gilmer Middle School, Gilmer High School, and Clear Creek Middle School.

Listing Courtesy of: NEGBOR and Engel & Volkers North Georgia Mountains.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.