427 N Lake Drive, Ellijay, GA 30536

$500,000
4
BD
3
BA
2,558
SqFt

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Sold Price
$500,000
List Price
$474,900
Closing Date
Sep 18, 2026
MLS#
7815800
Status
CLOSED
Type
Single Family Residential
Subtype
Single Family Residence
Bedrooms
4
Bathrooms
3
Square Footage
2,558
Lot Size
0.4
Subdivision
Walnut Mountain
Basement
Yes
Basement Description
Daylight, Finished, Finished Bath, Full, Interior Entry, Walk-Out Access

Property Description

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.

Additional Information

Style
Cabin, Country
Stories
Two
Construction
Wood Siding
Year Built
2003
Neighborhood Amenities
Community Dock, Fishing, Gated, Homeowners Assoc, Lake, Pool, Tennis Court(s)
Kitchen Features
Breakfast Room, Cabinets Stain, Eat-in Kitchen, Kitchen Island, Solid Surface Counters
Interior
Beamed Ceilings, Bookcases, High Speed Internet, Recessed Lighting, Walk-In Closet(s), Wet Bar
Fireplaces
1
Exterior
Private Entrance, Private Yard
Roof
Composition, Shingle
Lot Dimensions
x
Parking
Driveway, Garage, Garage Faces Front, Kitchen Level
Lot Desc
Back Yard, Cleared, Front Yard, Lake On Lot, Private, Wooded
Water
Private
Sewer
Septic Tank
Elementary School
Ellijay
Middle School
Clear Creek
High School
Gilmer
Acres
0.40
Hoa Fee
$2,086
Hoa Freq
Annually
Levels
Two
Taxes
$1,542

Listing courtesy of Century 21 Lindsey and Pauley. Selling Office: Non FMLS Member.

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