201 Mountainside Parkway
Ellijay, GA, 30536 $ 1,700,000
Bedrooms-- Baths-- Sq 6,284 Monthly Estimate*
$ 11,741
for $1,700,000. This 6,284 square foot building was built in 2002 on a lot size of 3.21.
FALLING WATERS LODGE - A TURNKEY BUSINESS OPPORTUNITY IN THE NORTH GEORGIA MOUNTAINS! More than a luxury mountain home, Falling Waters Lodge offers a unique opportunity to acquire a property with multiple potential revenue streams. Currently established as a wedding/event venue and luxury vacation rental, the property is also ideally suited for a boutique bed & breakfast, corporate retreat, or private mountain lodge. The main residence features 5 bedrooms and 5 baths, including a bridal suite/honeymoon room with beautiful lake views. Multiple decks and gathering areas showcase the mountain and lake setting, while a game room, wet bar, full sauna, hot tub and large outdoor firepit provide exceptional amenities for guests. Unique zoning allows vacation rentals, private retreats, guest celebrations and weddings/events for up to 50 guests, giving a new owner flexibility to continue the existing operation or create their own business vision. An updated studio apartment above the garage provides additional possibilities as owner/innkeeper quarters, employee or guest accommodations, or additional rental space. Situated on 3.21 fenced acres within the private, gated Falling Waters community, the property overlooks a stocked catch-and-release lake with beautiful surrounding mountain views-an impressive setting for weddings, retreats and vacation stays. The sale also includes the property's established website and domain name, along with associated social media accounts, providing an established brand and online presence from day one. Conveniently located near popular apple orchards and Downtown Ellijay, with Blue Ridge and other North Georgia mountain destinations nearby. Whether your vision is a wedding venue, luxury Airbnb, bed & breakfast, corporate retreat-or a combination-Falling Waters Lodge offers the rare opportunity to acquire an exceptional property with the foundation of an established North Georgia destination business already in place.
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FeaturesGeneralSewer Septic Tank
Heating Central
Cooling Central Air
Utilities Cable Available Electricity Available Underground Utilities
Roof Metal
Zoning C4
Security Features Carbon Monoxide Detector(s)
Construction Materials Lap Siding Log Wood Siding
Year Built 2002
Electric 220 Volts
View Lake Mountain(s) Trees/Woods
Levels Three Or More
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
Business Type Hotel/Motel Other
Waterfront Features Lake Front
Accessibility None
County Gilmer - GA
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale
HOA false
Energy Efficient None
Green Energy Generation None
Other Structures None
Status Active
Directions Do Not Use GPS!! From Hardees in Ellijay take Hwy 52 approx 8 miles to RIGHT on Burnt Mountain Road. Follow approx. 3 miles to RIGHT on Mountainside Parkway (Falling Waters Subdivision sign) and follow up to gate. (Must have gate code) Go thru gate to LODGE on LEFT. No Sign.
City Ellijay
Body of Water Tahoe
Property Attached Y/N false
Tax Annual Amount 8566
Home Warranty Y/N false
Property Condition Resale
Standard Status Active
Tax Lot 33
Cap Rate 0
Freehold IDX
Corporate Owner Sold As/Is
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InteriorInterior Amenities Beamed Ceilings Restrooms Vaulted Ceiling(s)
Basement Bath/Stubbed Exterior Entry Finished Finished Bath Interior Entry Walk-Out Access
Flooring Ceramic Tile Hardwood
Window Features Window Treatments Wood Frames
Total Baths 0
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ExteriorFencing Fenced
Parking Features Covered On Street Parking Lot
Lot Features Corner Lot Pond on Lot
Water Source Private
Total Parking 3
Foundation Details Slab
Number of Buildings 3
Building Area Total 6284
Lot Dimensions 0
Lot Size Acres 3.21
Road Surface Type Paved
Lot Size Source Assessor
Road Frontage Type Private Road
Other Equipment None
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* Excluded FeaturesList ByScott ParrottListing Agent
Keller Williams ElevateBroker
scotthparrott@yahoo.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,741
- Monthly Property Taxes
- $714
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Ellijay, GA
Average List Price $910,430
Percent of Sale Price 46%
About Ellijay, GA 1,922 Population
11% Since 2002
$ 41,063 Median Income
38.31 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/13/2026 | $1,700,000 | | Listed Price |