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404 River Bend Trail
Ellijay, GA 30540
$595,000
Conventional
Property
Bedroom
3
Bathroom
2
Property Type
Conventional
Square ft
1729
Property Description
Secluded Riverside Retreat on the Ellijay River Escape to tranquility with this stunning private riverside cabin, a highly successful vacation rental that comes completely furnished as a turnkey STR. Nestled along the serene Ellijay River, the soothing sounds of the water can be heard from the cabin, offering a peaceful and relaxing atmosphere. This charming cabin features a spacious deck and a beautifully crafted gazebo equipped with a fire table, a hot tub, and a brand new grill, perfect for outdoor gatherings and cozy evenings under the stars. The interior boasts cathedral ceilings and large skylights in both the primary bedroom and the living room, providing an exceptional opportunity for stargazing from the comfort of your home. A wall of tall windows offers breathtaking views of the river and the lush mountain forest, blending the beauty of nature with the comfort of modern living. Perched in a high position, the cabin gives you the enchanting feeling of being in a treehouse, surrounded by the canopy of trees and the soothing sounds of the river below. Take advantage of the cabin’s direct access to the river, with steps leading down to a deck right on the water. Whether you want to dip your toes in the river, fish, or simply enjoy the tranquil waterside setting, with 190' of river frontage this feature adds a unique and immersive nature experience. The newly renovated lower level includes its own private entrance, bedroom, bathroom, living room, game room, and sitting room, making it an ideal space for guests or a secluded retreat within the cabin. With no other cabins in sight, this property promises unparalleled privacy and a unique connection to nature. Don't miss the chance to own this secluded riverside retreat, where every detail is designed for comfort and enjoyment. Showings by appointment only June 17- June 29
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
1994
MLS Number
7398629
Location
Address
404 River Bend Trail
City
Ellijay
State
GA
Zip Code
30540
County
GILMER
Listing
Provider
Fathom Realty GA, LLC, original listing
Name
Fathom Realty GA, LLC
Phone
(877) 661-1977
Office Name
Fathom Realty GA, LLC.
Office Phone
(888) 455-6040
Agent Name
Dorian Hill

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Callihan Realty LLC
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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.