LKV Realty
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$474,900
427 N Lake Drive, Ellijay, GA 30536Listing ID 7815800

427 N Lake Drive, Ellijay, GA 30536

Contingent
Walnut Mountain
Time on site: 3 daysLast updated: 1 day ago
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
3
Square Feet
Square Feet
2,558
Acres
Acres
0.4
Days on Site
Days on Site
3
Cooling
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Heating
Central, Electric, Forced Air, Propane
Year Built
Year Built
2003
Garages
Garages
2
Parking
Parking
Driveway, Garage, Garage Faces Front, Kitchen Level

Mountain Charm Meets Lakefront Living in Walnut Mountain Take a look at this meticulously maintained lakefront home located in the sought-after gated community of Walnut Mountain in beautiful Ellijay, Georgia. Surrounded by wooded privacy and beautiful views, this exceptional property captures everything there is to love about North Georgia mountain living. From the moment you step inside, you’ll appreciate the warm, inviting cabin feel. Pine flooring flows throughout the main level, while the spacious family room features a beautiful stone fireplace and built-in bookcase. The charming kitchen offers a beamed ceiling, an island, quartz counters, abundant cabinetry, and a retro-style gas range that adds the perfect touch of character. Filled with natural light, the sunroom doubles beautifully as a home office and overlooks the peaceful wooded surroundings. The completely renovated primary suite is conveniently located on the main level and features an updated private bath. You will enjoy the 2 car garage on main equipped with an EV charger. Upstairs, you’ll find two additional spacious bedrooms, each offering an incredible three closets—an unexpected amount of storage rarely found in a mountain home. The finished terrace level provides even more room to relax, entertain, or accommodate guests. Enjoy a second family room with a wood-burning heater, an additional bedroom and full bath, plus one of the home’s most unique features—the former safe room has been transformed into a fun and inviting brew pub! Outdoor living is truly a highlight. The expansive terrace-level deck features a gorgeous stone fireplace, outdoor kitchen, plenty of room for entertaining, and even a dedicated covered area for your smoker. Don't forget the fire pit area over looking the lake! It’s the perfect setting for cool mountain evenings, weekend gatherings, and enjoying the natural beauty that surrounds you. Walnut Mountain offers a true mountain lifestyle with gated access, swimming pool, tennis, hiking trails, and beautiful lakes for fishing and canoeing. Whether you’re looking for a full-time residence or mountain retreat, this special lakefront home offers the perfect combination of comfort, character, privacy, and outdoor living in the heart of Ellijay. Short term rentals are allowed and this home is being sold furnished. (List of items that remain will be provided.

Property Information

Property Details

Location

Address
427 N Lake Drive
County
Gilmer - GA
City
Ellijay
Zip Code
30536
Subdivision
Walnut Mountain
High School
Gilmer
Elementary School
Ellijay
Century 21 Lindsey and Pauley, (706) 692-3533

Interior Features

Beds and Baths

Bedrooms
4
Main Level Bedrooms
1
Full Bathrooms
3
Bedroom Features
Master on Main

Building

Building Information

Square Feet
2,558
Year Built
2003
Construction
Wood Siding
Foundation
Concrete Perimeter
Roof
Composition, Shingle
Condition
Resale

Property Taxes

Tax Annual Amount
$1,542
Tax Year
2025

Homeowner Association

HOA Fee
$2,086
HOA Fee Frequency
Annually

Market Report for 30536

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: First Multiple Listing Service
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