Walnut Mountain Homes under $500,000

Our website features the best real estate search for homes, condos, land and foreclosure properties available in Walnut Mountain and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes.

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Walnut Mountain Homes under $500,000

$456,000

3 Beds ⋅ 3 Baths ⋅ 7854975 MLS

This retreat is the perfect mountain getaway. This remodeled and beautifully maintained cabin perfectly blends rustic mountain charm with modern sophistication. Step inside to find three inviting bedrooms, three full bathrooms, and a welcoming terrace level perfect for guests. The open-concept great room impresses with soaring vaulted ceilings, a stone fireplace and warm wood accents that create a cozy atmosphere. The renovated kitchen offers leathered quartzite countertops, and a central island perfect for culinary adventures or entertaining friends and family. The terrace level offers a wet bar, a spacious living area, laundry closet, storage closet, bedroom and full bath. Off the terrace level, you will find a screened porch for additional entertaining. On this level, there is an additional driveway for extra parking separate from the main level. The GATED community of Walnut Mountain offers hiking trails, a waterfall, for lakes, a clubhouse, swimming pool, tennis courts and playground area. Ellijay is considered —the “Apple Capital of Georgia”—with orchards, wineries, farm-to-table dining, and a charming downtown of shops, breweries, and seasonal festivals. This property is ideal as a weekend escape, full-time home, or rental investment, this property offers the best of Ellijay living in the North Georgia Mountains.

215 Valley View Road, Ellijay

$399,000

2 Beds ⋅ 2 Baths ⋅ 7852520 MLS

This well-maintained 2BR/2BA cabin in Walnut Mountain is 1200 sq. ft. of charming mountain living surrounded by beautiful forest and would make an awesome vacation home. This country rustic home packs a lot of living space into its layout, with every nook made useful. The living room features a vented wood burning fireplace for those cozy winter nights, and the kitchen and dining area are nearby for a close family or social atmosphere. The full basement is finished, with a brand new bathroom, family / game room, laundry closet, and under-stairs closet. The covered patio has a soothing hot tub, and the main level deck has a table for outdoor breakfasts or dining, with a view of the little stream that runs at the bottom of the property. There is a trail that leads to a sitting area, also with a view of the stream, which is guarded by a (mostly) friendly Bigfoot. Walnut Mountain is a private gated community and offers a lot of amenities, such as a swimming pool, club house, tennis courts, playground, dog park, hiking trails, campground, and access to several lakes.

341 Valley View Road, Ellijay

$474,900

4 Beds ⋅ 3 Baths ⋅ 7852091 MLS

Mountain living at its finest! Set among the trees in Ellijay’s sought-after gated Walnut Mountain community, this beautifully updated home pairs inviting rustic curb appeal with a modern interior, seasonal mountain views, and a peaceful sense of privacy. Generous spaces to gather, flexible living areas, and outdoor retreats make the most of its wooded mountain setting. The open main living area features soaring two-story vaulted ceilings, tongue-and-groove woodwork, and a striking stacked stone fireplace, creating a warm backdrop for entertaining or everyday relaxation. The beautifully updated kitchen brings a contemporary touch with white quartz countertops, a large island, updated stainless steel appliances, and a distinctive zellige tile backsplash. Bay windows welcome natural light and frame the surrounding scenery. The main-level primary bedroom offers direct access to the front porch, where you can enjoy seasonal mountain views and the quiet of the outdoors. A fully updated main-level bathroom complements the home’s refreshed interior. Upstairs, an open, spacious loft provides a versatile setting for a reading nook, additional gathering space, or other flex use, alongside an additional bedroom and full bathroom. The fully finished basement expands the living space with another bedroom and full bathroom, while the sunroom captures beautiful wooded and seasonal mountain views—an inviting setting for a home office or a peaceful place to unwind. Updated bathrooms throughout feature contemporary tile and fixtures, including a jetted tub in the basement bathroom. Expansive wraparound deck and porch space extend the living experience outdoors. New exterior decking and stairs, a fenced backyard, and room to garden add to the property’s appeal. Positioned near the end of Owltown Drive at an elevation of over 2,200 feet, the home enjoys a tucked-away setting. A new roof, new water heater, whole-home 20kW Generac generator, garage, and extended driveway provide valuable improvements and everyday convenience. Walnut Mountain offers gated access, a community swimming pool, tennis courts, clubhouse, dog park, multiple lakes, and scenic hiking trails. Nearby downtown Ellijay adds local shops, restaurants, and breweries, with apple orchards, wineries, and seasonal festivals offering even more ways to enjoy North Georgia. With short-term rentals permitted, this property offers flexibility as a full-time residence, mountain getaway, or rental investment.

125 Owltown Drive, Ellijay

$449,777

2 Beds ⋅ 2 Baths ⋅ 7851479 MLS

YOUR NORTH GEORGIA MOUNTAIN CABIN DREAM AWAITS—complete w/privacy, seasonal lake views & BIG-TICKET UPDATES ALREADY DONE! Tucked inside sought-after gated Walnut Mountain, just minutes from the gate on paved roads, this meticulously maintained 2BR/2BA cabin backs directly to green space & offers seasonal “Lake Yanu” views that could be enhanced w/minimal vista pruning. A covered front porch welcomes you into the open-concept kitchen, dining & living area w/vaulted tongue-&-groove ceilings, hardwood floors & beautiful corner rock fireplace w/BRAND NEW GAS LOGS. Glass doors open to a spacious screened porch w/new screens—perfect for morning coffee, relaxing or entertaining. The kitchen offers rustic pine cabinetry, BRAND NEW DISHWASHER, bar seating, ample counter space & XL pantry. Both bedrooms are conveniently on the main, including a spacious primary w/walk-in closet, private screened-porch access & ensuite bath w/double vanity, tile floor & tub/shower combo. A guest bath, sizeable laundry room w/cabinetry & versatile alcove/flex space w/access to the open deck complete the main level. The full unfinished basement w/9' CEILINGS is stubbed for an additional bath & offers incredible potential for a 3rd bedroom, game/rec room, workout area, workshop or storage. Double glass doors lead to a covered concrete patio & level yard surrounded by native mountain laurel & wild azaleas. BIG-TICKET IMPROVEMENTS include BRAND NEW ROOF, BRAND NEW HVAC, new smoke/CO detectors & recently pumped septic. Ideal for full-time living, mountain getaway or potential vacation rental. Walnut Mountain offers gated security, pool, clubhouse, tennis, hiking trails, dog park, 4 fishing lakes, public water, fiber-optic internet, with garbage and water included in the HOA fees — all just 4 miles from Downtown Ellijay. Private, peaceful & packed w/character—where the big updates are done & mountain living can begin from day one!

257 Pine Ridge Road, Ellijay

$289,900

3 Beds ⋅ 2 Baths ⋅ 7842113 MLS ⋅ Walnut Mountain BLDG.

A soaring two-story living room, wood-burning fireplace, and wooded lake views give this Walnut Mountain townhome a mountain-retreat feel just minutes from downtown Ellijay. The main level brings the living and dining areas together with plenty of natural light, while the kitchen offers generous cabinetry, counter space, and a window overlooking the trees. A main-level bedroom, full bath, and laundry area add practical flexibility for guests, a home office, or everyday living. Upstairs, two additional bedrooms share a full bath, while an open loft stretches across the upper level and overlooks the living room below. Use it as a reading nook, game area, or second gathering spot, with closets nearby for added storage. Outside, the rear deck can be used to recharge, and take in the wooded surroundings and community lake views. The setting feels tucked into nature while still keeping restaurants, wineries, beloved apple houses, and downtown Ellijay less than five miles away, with Amicalola Falls also within easy reach. Walnut Mountain amenities include a gated entrance, clubhouse, Olympic-size swimming pool, four lakes, tennis courts, picnic areas, campground, nature trails, community water system, and 21 miles of private roads. With no rental restrictions, the property offers flexibility for personal use, weekend stays, or short-term rental income. Sold as-is, in one of Ellijay's established mountain communities.

96 Clubhouse Court, Ellijay

$425,000

3 Beds ⋅ 2 Baths ⋅ 7728639 MLS

First time on the market since being lovingly built by the original owners, this authentic log cabin retreat is nestled in the mountains of Ellijay and located within the highly sought-after Walnut Mountain community—offering the perfect blend of rustic charm, privacy, and mountain lifestyle. Situated on a double lot surrounded by trees, this home is tucked into a peaceful setting and features expansive wraparound decking and multiple outdoor living spaces—ideal for morning coffee, evening gatherings, or simply enjoying the quiet beauty of North Georgia. A professional installed lift is located from the parking area to the deck to allow for easy access! Inside, you’ll find a warm and inviting interior with vaulted ceilings, exposed beams, and a stone fireplace that anchors the main living space. The open-concept layout flows seamlessly into the kitchen and dining area, creating the perfect space for entertaining or relaxing after a day in the mountains. The flexible floor plan allows for primary living on either the main or upper level, with a bedroom and bath on the main floor and a private upper-level bedroom with its own bath. The loft bedroom overlooking the living room adds character and additional space for guests or a cozy retreat. Located within the gated Walnut Mountain community, residents enjoy a true mountain lifestyle with access to multiple private lakes, hiking trails, waterfalls, an Olympic-size pool, tennis courts, clubhouse, parks, and access to Turniptown Creek—creating the perfect blend of nature, recreation, and community that provides a true mountain lifestyle while still being convenient to downtown Ellijay’s wineries, dining, and outdoor adventures. This is the kind of cabin buyers are actively searching for—true wood interior, mountain setting, outdoor living, and privacy—all in one of Ellijay’s most desirable communities. Whether you’re looking for a full-time residence, second home, or investment opportunity, this property checks all the boxes.

947 Skyview Drive, Ellijay

$424,900

3 Beds ⋅ 3 Baths ⋅ 7742136 MLS

Enjoy mountain living in this beautiful 3-bedroom, 3-bathroom craftsman home nestled within the highly sought after community of Walnut Mountain in Ellijay.The main floor showcases a cozy primary suite with brand new carpet, a full bathroom and laundry closet. The open-concept great room features cathedral ceilings, a gas fireplace, and a relaxing screened-in porch. The kitchen boasts stainless steel appliances along with a cozy island perfect for entertaining. **Community Amenities:**Walnut Mountain is a gated community with amenities that include public water, hiking trails, four small lakes, an Olympic-sized pool, clubhouse, tennis/pickleball, and more. **Proximity to Ellijay:** Just moments away from the historic charm of downtown Ellijay, enjoy boutique shopping and fantastic restaurants.**Investment Opportunity:** With the flexibility of short-term rentals permitted, this residence could be a lucrative investment opportunity.

1083 Mountain Oak Road, Ellijay

Start Your Search

board logo Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 FMLS. Last updated

Walnut Mountain Homes under $500,000

Newest Walnut Mountain Homes under $500,000

How much is your home worth?

How much is your home worth?