Homes for sale - 441 Mull RD, Hiawassee, GA 30546

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Rains Team

info@therainsteam.com +1(404) 620-4571

$945,000

Est. payment - /mo

5,334 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,334 sqft

Price per Sqft $177

MLS Listing ID 7640312

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1978

Annual Tax Amount $2,334

Tax Year 2024

Lot Size 2.120 Acres

Acres 2.12

Property Sub-Type Business

Source First Multiple Listing Service

Property Description

Nestled on 2.12 serene acres in the heart of the North Georgia Mountains, this 5,334 sq. ft. bed and breakfast offers the perfect combination of investment opportunity, natural beauty, and room to grow. Just minutes from Lake Chatuge, Brasstown Bald, Young Harris College, and the Georgia Mountain Fairgrounds, guests have endless activities at their fingertips. From boating, kayaking, and fishing to hiking, chasing waterfalls, camping, and exploring the Appalachian Mountains. For even more charm, the Bavarian-style village of Helen, GA is only a 30-minute scenic drive south. The property includes a main house with 4 bedrooms, 3 baths, a dry sauna, and hot tub, currently a nightly rental at $159 per night with year-round mountain views and repeat guests. An attached apartment features 1 bedroom, 1 bath, a full kitchen, and laundry, currently leased at $1,175 per month for steady long-term income. A detached cabin offers 2 bedrooms, 2.5 baths, a full kitchen, and laundry, currently leased at $1,500 per month with tremendous future short-term rental potential. Should you desire, both of these rentals can be changed back to nightly room rentals! With 7 bedrooms and 6.5 baths across three unique living spaces, this property already generates impressive rental income property with a projected 10.68 CAP rate while providing ample acreage for future growth! Think additional cabins, event space, or expanded B&B amenities to maximize your future returns. Whether you're looking to run a turnkey mountain retreat, expand into a thriving hospitality business, or create a family compound with income potential, this property delivers endless possibilities.

Location

State GA

County Towns

Zoning None

Lake Name Chatuge

Rooms

Other Rooms Storage - Equipment, Storage - Other

Basement Daylight, Driveway Access, Exterior Entry, Finished, Finished Bath, Walk-Out Access

Interior

Interior Features Beamed Ceilings, High Ceilings 10 or Greater, Living Space Available, Low Flow Plumbing Fixtures, Reception Area, Recessed Lighting, Restrooms

Heating Central, Forced Air, Separate Meters, Zoned

Cooling Ceiling Fan(s), Central Air, Electric, Multi Units, Zoned

Flooring Hardwood, Laminate, Luxury Vinyl

Equipment None

Window Features Insulated Windows

Exterior

Parking Features See Remarks

Fence Fenced, Wood

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Waterfront Description None

View Y/N Yes

View Lake, Mountain(s), Trees/Woods

Roof Type Metal

Street Surface Asphalt

Accessibility None

Handicap Access None

Total Parking Spaces 10

Private Pool false

Building

Lot Description Level, Mountain Frontage, Other

Story Three Or More

Foundation Block

Sewer Septic Tank

Water Public

Level or Stories Three Or More

Structure Type Aluminum Siding,HardiPlank Type

Construction Status Updated/Remodeled

Others

Senior Community no

Tax ID 0028B046

Acceptable Financing 1031 Exchange, Cash, Conventional, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, VA Loan

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Listed by Keller Williams Realty Peachtree Rd.

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Rains Team

+1(404) 620-4571

Broker | License ID: 299301

Broker License ID: 299301

441 Mull RD Hiawassee, GA 30546

Rains Team

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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