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About This Home

This 2-bedroom, 2-bathroom single family at 388 Palisade Drive in Ellijay, GA is listed for $399,000 ($166 per sqft). Built in 2004, the home offers 2,397 sqft of living space on a 1.55 acres lot.

Agent Description

High-Income Airbnb Cabin | 2BR + Loft (3rd Sleeping Area) | 2BA | 1.55-Acre Double Lot | Coosawattee River Resort - Turnkey, income-producing opportunity in the highly desirable Coosawattee River Resort! This 2-bedroom, 2-bath cabin with a loft that functions as a 3rd sleeping area sits on a rare 1.55-acre double lot (two combined parcels), offering the privacy guests pay a premium for and a major edge over competing rentals.

With 2,397 sq ft including an unfinished basement, there is immediate value-add potential to expand living space, add a game room, or increase occupancy and revenue. Inside features soaring wood ceilings, an open-concept layout, abundant natural light, and a cozy gas log fireplace-highly desirable for Airbnb appeal-plus a main-level bedroom and full bath for convenience.

Upstairs offers an additional bedroom, full bath, and loft to maximize sleeping capacity for larger groups. Enjoy a covered front porch and screened-in back porch overlooking your private acreage, creating the secluded mountain experience today's renters seek.

High-speed fiber internet supports remote work stays, further boosting demand. Located minutes from downtown Ellijay and attractions like Amicalola Falls State Park and Springer Mountain, with resort amenities including pools, river access, fitness center, tennis & pickleball courts-this is an ideal STR investment with strong income potential and built-in upside.

Key Features

  • Built in 2004
  • 1.55 acre lot
  • 3 stories
  • 6 parking spaces
  • Fireplace

Property Details

3 stories
2 full
6 spaces
2004

Amenities

FireplaceA/C

Monthly Cost Estimate

$3,570/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,729
Insurance$116
HOA$1,436

Estimates only. Actual payments may vary.

Location

388 Palisade Drive

Ellijay, GA 30540

Coosawattee

Features & Amenities

Interior Features

High Ceilings 10 ft MainHigh Speed InternetWalk-In Closet(s)

Exterior Features

Private EntrancePrivate Yard

Property Details

Flooring

WoodTile - Ceramic

Construction

Wood Siding

Pool Features

Porch

Parking

Driveway

Heating

Central

Cooling

Central Air

Appliances

DishwasherDryerElectric OvenElectric RangeMicrowaveRefrigeratorWasher

Questions & Answers

This 2-bedroom, 2-bathroom single family at 388 Palisade Drive is listed at $399,000 ($166/sqft). The estimated monthly payment is $3,165 based on 20% down at 6.5% interest.

HOA fees are $1436/month.

Key features include: Built in 2004, 1.55 acre lot, 3 stories, 6 parking spaces, Fireplace. Interior Features: High Ceilings 10 ft Main, High Speed Internet, Walk-In Closet(s). Exterior Features: Private Entrance, Private Yard.

This property is listed by Emily Reece and can be reached at (770) 345-8211 or emilyrachelreece@gmail.com.

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ER

Emily Reece

Agent at RE/MAX Town And Country

(770) 345-8211

Listed by RE/MAX Town And Country · View on Broker Site

MLS# 7755290· Source: listhub· Updated 4 days ago

Copyright © 2026 First Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

388 Palisade Drive, Ellijay, GA 30540

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