Pending

427 N Lake Drive

Ellijay, GA 30536
Mark as Favorite
Bed 4

Bed

Bath 3

Bath

Acres0.40

Acre(Lot)

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 beau tifully 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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Detail Ic Property Details

Property Type : Residential

Price : $474,900

AD Id : 89526325

MLS Id : 7815800

Beds : 4

Lot Size : 0.40 Acre

Year Built : 2003

Garage : 2

County : Gilmer

Subdivision: Walnut Mountain

  • Map Map

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Daylight, Finished, Full, Interior Entry, Walk-Out Access
  • Flooring Information

    Ceramic Tile, Hardwood
  • Roofing Information

    Composition, Shingle
  • Interior Features

    Eat-in Kitchen, Kitchen Island, Beamed Ceilings, Bookcases, High Speed Internet, Recessed Lighting, Walk-In Closet(s), Wet Bar, Master Downstairs Roof: Composition, Shingle Appliances: Dishwasher, Electric Oven, Gas Range, Microwave, Refrigerator, Self Cleaning Oven Laundry Features: Laundry Room, Main Level Window Features: Double Pane Windows
  • Heating & Cooling

    Has Heating: Yes Heating: Central, Electric, Forced Air, Propane Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air, Electric Water front: 1

  • Building Information

    Year Built: 2003 Building Area Total: 2558 Construction Materials: Wood Siding Patio And Porch Features: Covered, Deck, Patio, Side Porch Pool Features: None Private Pool: No Water front Features: Lake Front View: Lake, Trees/Woods Association Fee Frequency: Annually
  • Exterior Features

    Exterior Features: Private Entrance, Private Yard

  • Lot Information

    Lot Dimensions: x Lot Size Acres: 0.4 Lot Size Source: Public Records Lot Description: Back Yard, Cleared, Front Yard, Private, Wooded

    Property Information

    Subdivision: Walnut Mountain Source Property Type: Residential Postal Code Plus 4: 1940 Property SubType: Single Family Residence Levels: Two Property Age: 23

  • Listing Price Information

    Listing Price: $474900 1031 Exchange, Cash, Conventional, FHA, USDA Loan, VA Loan

  • Tax Information

    Parcel Number: 3109C 008 Tax Lot: 102 Tax Year: 2025 Annual Tax: $1542 Tax Legal Desc: LT B102 WALNUT MTN

  • Parking Information

    Driveway, Garage, Garage Faces Front, Kitchen Level

    Garage Information

    Has Garage: Yes Garage Space: 2
    Homeowners Association Information
    Has Association: Yes HOA: $2,086.00 Community Features: Fishing, Gated, Lake, Pool, Tennis Court(s)

  • School Information

    Elementary School: Ellijay
    Junior High School: Clear Creek
    Senior High School: Gilmer
  • Utility Information

    Cable Available, Electricity Available, Phone Available, Underground Utilities, Water Available
  • Location Information

    Direction: 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. WaterSource: Private Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
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Nearby Home Value

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5860 Old Bucktown Road, Ellijay, GA, 30536 $399,000 2 3 --
261 Frosty Mountain Trail, Ellijay, GA, 30536 $449,000 2 2 888 888 SqFt
484 Rockwater Road, Ellijay, GA, 30536 $579,000 2 1 1,702 1,702 SqFt
484 Rockwater Road, Ellijay, GA, 30536 $579,000 2 2 1,702 1,702 SqFt
491 Old Parker Terrace, Ellijay, GA, 30536 $359,900 1 1 --
491 Old Parker Terrace, Ellijay, GA, 30536 $359,900 1 1 --
1049 Rockwater Road, Ellijay, GA, 30536 $799,900 2 3 2,284 2,284 SqFt

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ByOwner last updated this listing 08/21/2026 @ 03:08

MLS: 7815800 LISTED BY: Lydia Spink, Century 21 Lindsey and Pauley 706-692-3533 SOURCE: First Multiple Listing Service (FMLS)

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