427 N Lake Drive Ellijay, GA $ 474,900
427 N Lake Drive
$ 474,900
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427 N Lake Drive

Ellijay, GA, 30536
$ 474,900
Bedrooms4 Baths3.0 Sq 2,558

Monthly Estimate*

$ 2,999

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Single Family Home for sale in Ellijay, GA

for $474,900 with 4 bedrooms and 3 full baths. This 2,558 square foot home was built in 2003 on a lot size of 0.4.

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.

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Single Family Active

Price

$ 474,900

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 1,542

Style

Cabin, Country

Lot Size

0.4

Year Built

2003

Town/City

Ellijay

County/Region

Gilmer

MLS | Web ID

7815800

Features
General
Sewer Septic Tank
Heating Central Electric Forced Air Propane
Cooling Ceiling Fan(s) Central Air Electric
Utilities Cable Available Electricity Available Phone Available Underground Utilities Water Available
Roof Composition Shingle
Appliances Dishwasher Electric Oven Gas Range Microwave Refrigerator Self Cleaning Oven
HOA Fee 2086
Garage Spaces 2
Patio/Porch Features Covered Deck Patio Side Porch
Architectural Style Cabin Country
Pool Features None
Security Features Carbon Monoxide Detector(s) Smoke Detector(s)
Construction Materials Wood Siding
Year Built 2003
Electric 110 Volts 220 Volts
View Lake Trees/Woods
Levels Two
Property Subtype Single Family Residence
Tax Year 2025
Parcel Number 3109C 008
Waterfront Features Lake Front
Community Features Community Dock Fishing Gated Homeowners Assoc Lake Pool Tennis Court(s)
Accessibility None
HOA Fee 2 0
Assoc Fee Paid Per Annually
County Gilmer - GA
Property Type Residential
HOA true
Energy Efficient None
Subdivision Name Walnut Mountain
Green Energy Generation None
Other Structures None
Full Baths 3
Status Active
Directions From HWY 515 go East on 52 turn left on Turniptown Rd (3.5 miles) to Walnut Mountain. First Gate on left Gate 1. GPS will get you to the home.
High School Gilmer
City Ellijay
Body of Water None
Spa Features None
Elementary School Ellijay
Property Attached Y/N false
Land Lease Y/N false
Tax Annual Amount 1542
Home Warranty Y/N false
Middle/Junior High School Clear Creek
Property Condition Resale
Standard Status Active
Tax Lot 102
Freehold IDX
Corporate Owner None
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Interior
Interior Amenities Beamed Ceilings Bookcases High Speed Internet Recessed Lighting Walk-In Closet(s) Wet Bar
Basement Daylight Finished Finished Bath Full Interior Entry Walk-Out Access
Flooring Ceramic Tile Hardwood
Total Fireplaces 1
Fireplace Features Basement Family Room
Common Walls No Common Walls
Window Features Double Pane Windows
Half Baths 0
Laundry Features Laundry Room Main Level
Total Bedrooms 4
Room Type Basement
Main Level Bedrooms 1
Main Level Bathrooms 1
Kitchen Features Breakfast Room Cabinets Stain Eat-in Kitchen Kitchen Island Solid Surface Counters
Total Baths 3
Primary Bathroom Features Shower Only
Dining Room Features Dining L
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Exterior
Exterior Amenities Private Entrance Private Yard
Fencing None
Parking Features Driveway Garage Garage Faces Front Kitchen Level
Lot Features Back Yard Cleared Front Yard Lake On Lot Private Wooded
Water Source Private
Foundation Details Concrete Perimeter
Building Area Total 2558
Lot Dimensions x
Lot Size Acres 0.4
Road Surface Type Asphalt Paved
Lot Size Source Public Records
Road Frontage Type Private Road
Other Equipment None
Horse Amenities None
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* Excluded Features
List By
Lydia Spink

Listing Agent

Century 21 Lindsey And Pauley

Broker

Lydia@LydiaSpink.com

Email

Affordability Calculator

$3,127
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,999
Monthly Property Taxes
$129
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
4661487 Elementary School
4134484 Middle School
Gilmer High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$474,900 Listed Price

Map


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427 N Lake Drive, Ellijay, GA, 30536 is a Single Family Home for sale at $474,900 with 2,558 sqft and a lot size of 0.4. 427 N Lake Drive has 4 bedrooms, 3.0 baths, and was built in 2003. The property's zip code is 30536 which is in Ellijay, GA