New Listing
$1,900,000
 $10,200 est/mo Sourced by Back At You

201 Mountainside Parkway,Ellijay, GA 30536

Ellijay, GA 30536

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Description

FALLING WATERS LODGE is a truly unique North Georgia mountain retreat offering an exceptional combination of luxury accommodations, breathtaking scenery, and income-producing potential. Currently operating as an established wedding and event venue as well as a luxury vacation rental, this remarkable property is perfectly suited for unforgettable lakeside weddings, family gatherings, corporate retreats, or an impressive private mountain escape. The main residence features 5 BR's and 5 Bth's, including a beautiful bridal suite or honeymoon retreat with stunning lake views. Multiple decks and outdoor living spaces provide countless opportunities to relax and enjoy the surrounding mountain and water views. Inside, guests can enjoy a spacious game room, wet bar, full sauna, and hot tubcreating a true resort-style experience. Unique zoning allows for a variety of uses, including vacation rentals, private retreats, guest celebrations, and weddings or events for up to 50 guests, making this an incredibly versatile investment opportunity. An updated studio apartment offers additional flexibility and privacy. It could serve as an owner's quarters, innkeeper's residence, private guest accommodations, or potentially a separate short-term rental. Situated within the private, gated Falling Waters community, the property encompasses approximately 3.21 fenced acres overlooking the community's stocked catch-and-release lake and the surrounding North Georgia mountains. A large outdoor firepit creates the perfect gathering place for guests, while the expansive grounds offer numerous peaceful spots for relaxing, entertaining, and stargazing. Conveniently located just minutes from local apple orchards, Downtown Ellijay, Blue Ridge, and many of North Georgia's most popular mountain destinations, Falling Waters Lodge offers a rare opportunity to own a distinctive property where luxury, recreation, events, and investment potential come together in one extraordinary setting.

Details

MLS #435331
Listing TypeFor Sale
StyleHouse
HOA Dues$1,200
Sub-TypeResale
StatusActive
Year2002
Listing Provided ByKeller Williams Elevate | Scott Parrott

Features

Bed(s)6
Bath(s) 6 Total
SQ Feet6,284
Car PortYes
BasementY
Story(s)3
Acreage3.21
Water FrontYes
Property ViewYes

Interior

Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingCentral
Interior FeaturesCeiling Fan(s), Wood, Loft, Sauna
Window FeaturesWood Frames
FurnishedFurnished
AppliancesRefrigerator, Cooktop, Range, Oven, Microwave, Dishwasher, Washer, Dryer, Trash Compactor

Exterior

Exterior FeaturesStorage, Fire Pit, Garage Apartment, Additional Dwelling Unit
RoofMetal
Construction MaterialsTimber/Pole Frame, Log, Wood Siding, Log Siding

Parking

Garage Yes / NoNo
Parking FeaturesCarport, Asphalt

Area Information

StateGA
CountyGilmer
CityEllijay
Zip Code30536
AreaAr 7 Gilmer
Community NameFalling Waters
Listing VS Median (in Falling Waters)
Price:
$1,900,000
low | high
Med:
$1,725,000
59.210526315789% of Average
sqft:
6,284
low | high
Med:
5,550
61.680458306811% of Average
$ / sqft:
$302
low | high
Med:
$312
46.777190068194% of Average

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Learn More About This Property

StateGA
CountyGilmer
CityEllijay
Zip Code30536
AreaAr 7 Gilmer
Community NameFalling Waters
Listing VS Median (in Falling Waters)
Price:
$1,900,000
low | high
Med:
$1,725,000
59.210526315789% of Average
sqft:
6,284
low | high
Med:
5,550
61.680458306811% of Average
$ / sqft:
$302
low | high
Med:
$312
46.777190068194% of Average
Listing Updated: August 20, 2026 at 10:12:04 AM PDT
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