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$945,000

Est. payment - /mo

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5,334 SqFt

New

441 Mull RD Hiawassee, GA 30546

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Sarah Ramdass

sarahramdass@epique.me +1(706) 362-3145

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial,Hotel/Motel

Listing Status New

Purchase Type For Sale

Square Footage 5,334 sqft

Price per Sqft $177

MLS Listing ID 10593398

HOA Y/N No

Year Built 1978

Annual Tax Amount $2,334

Tax Year 2024

Lot Size 2.120 Acres

Acres 2.12

Lot Dimensions 2.12

Property Sub-Type Commercial,Hotel/Motel

Source Georgia MLS 2

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! Over $325K in renovations have transformed this property inside and out. The main home, guest house, and apartment received extensive updates including new roofs, plumbing, electrical upgrades, flooring, fixtures, windows, and fresh paint throughout. Kitchens and baths were modernized with new vanities, appliances, and granite countertops, while outdoor improvements include new balconies, retaining walls, fencing, landscaping, and French drains for enhanced curb appeal and functionality. 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

Rooms

Other Rooms Other, Tractor Shed

Interior

Heating Central, Forced Air, Zoned

Cooling Central Air, Electric, Zoned

Flooring Hardwood, Laminate

Inclusions Equipment

Fireplace No

Exterior

Parking Features Paved

Garage Spaces 10.0

Fence Fenced, Wood

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

View Y/N No

Roof Type Metal

Total Parking Spaces 10

Garage No

Private Pool No

Building

Lot Description Level

Faces Use GPS

Sewer Septic Tank

Water Public

Structure Type Aluminum Siding,Wood Siding

New Construction No

Others

Tax ID 0028B046

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Updated/Remodeled

Sarah Ramdass

Realtor | License ID: 420346

+1(706) 362-3145 | sarahramdass@epique.me

441 Mull RD Hiawassee, GA 30546

Sarah Ramdass

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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441 Mull RD