Talona Lake Lane

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Talona Lake Lane

Ellijay, GA 30536
Asking Price
$195K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel offered for sale at $195,000.
  • Property is situated on Talona Lake Lane in Ellijay.
  • Land features a sloping grade leading toward Talona Lake.
  • Well-suited for custom residential development or private housing.
  • Located within the scenic foothills of the North Georgia mountains.

What's Special

Priced at $195,000, this residential land offering spans multiple lots along Talona Lake Lane in Ellijay, Georgia. The site features a distinct topography that slopes gradually toward the water, providing potential for custom residential development. These parcels sit within a region known for its rolling landscapes and proximity to outdoor recreation, making them suitable for those seeking a private retreat or a mountain-focused housing project in a serene natural setting. Ellijay serves as a growing destination within North Georgia, characterized by its appeal to both year-round residents and weekend visitors attracted to the Blue Ridge foothills. Development on this site could leverage the peaceful lakefront environment to create a high-quality residential living space. Prospective buyers will find this location offers a quiet atmosphere while remaining accessible to the amenities and community life found throughout Gilmer County.

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NOI
$80,000
Cap Rate
41.03%
DSCR
6.91
Strong
Cash-on-Cash
116.96%
Monthly Payment
$964.754
Annual Cash Flow
$68,422.957

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