**INCOME-GENERATING APARTMENT** Rustic Mountain Cabin with Additional Income Generating Apartment! Tucked into a peaceful, forest-like setting, this fully furnished log-sided cabin offers 1,740 square feet of thoughtfully designed living space and more charm than meets the eye. Located in Still Waters-a small, established community just 10 minutes from Ellijay and nestled at the foothills of the Cohutta Mountains-this property combines natural privacy with easy access to town. Inside, the warmth of wood plank walls, exposed beams, and vaulted ceilings creates a welcoming retreat. A freestanding gas stove anchors the main living area, while a balcony-style loft above offers flexible space for a third bedroom, office, or creative studio. There are two full bedroom suites-one on the main level and one in the finished daylight basement-each with its own full bath. The lower-level suite includes a private entrance, patio access, full kitchen, and laundry area, making it ideal for guests, in-laws, extended stays, or as a separate apartment. Short-term rentals are allowed, offering flexibility for those interested in income potential or dual-use living. Outside, enjoy the soothing sounds of the creek, a small pond with dock, a fire pit, and plenty of space to relax or explore. A rocking chair front porch, covered rear porch, metal roof, utility shed, and ample parking complete the picture. This hidden gem offers a rare blend of rustic character, modern convenience, and flexible living options-all in a scenic mountain setting.
Closed
$365,000
121 Farmstead Rd, Ellijay, GA 30540
2beds
1,740sqft
Single Family Residence, Cabin
Built in 1999
1.03 Acres Lot
$358,800 Zestimate®
$210/sqft
$2,266 Estimated rent
Home value
$358,800
Estimated sales range
Not available
$2,266/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 05, 2025 at 09:50am
Listed by:
Tracy Krohn 404-217-5908,
Keller Williams Elevate
Bought with:
Toby Kreiselmaier, 425566
RE/MAX Town & Country
Source: GAMLS,MLS#: 10513836
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Kitchen
- Features: Second Kitchen
Heating
- Other
Cooling
- Window Unit(s)
Appliances
- Included: Dishwasher, Dryer, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s), Washer
- Laundry: In Basement
Features
- Beamed Ceilings, High Ceilings, Master On Main Level, Roommate Plan, Tile Bath, Vaulted Ceiling(s)
- Flooring: Hardwood
- Basement: Bath Finished,Concrete,Daylight,Exterior Entry,Finished
- Number of fireplaces: 1
- Fireplace features: Gas Log, Metal
Interior area
- Total structure area: 1,740
- Total interior livable area: 1,740 sqft
- Finished area above ground: 1,110
- Finished area below ground: 630
Property
Parking
- Parking features: Off Street, Parking Pad
- Has uncovered spaces: Yes
Features
- Levels: Three Or More
- Stories: 3
- Patio & porch: Patio, Porch
- Waterfront features: Creek, Stream
Lot
- Size: 1.03 Acres
- Features: Pasture, Private, Sloped
- Residential vegetation: Grassed, Partially Wooded
Details
- Additional structures: Barn(s), Shed(s)
- Parcel number: 3033C 027
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Country/Rustic
- Property subtype: Single Family Residence, Cabin
Materials
- Log, Stucco
- Foundation: Slab
- Roof: Metal
Condition
- Resale
- New construction: No
- Year built: 1999
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Tank
- Water: Shared Well
- Utilities for property: Electricity Available, High Speed Internet
Community & neighborhood
Community
- Community features: None
Location
- Region: Ellijay
- Subdivision: Still Waters
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $505 annually
- Services included: Private Roads, Water
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 8/29/2025 | Sold | $365,000-8.5%$210/sqft |
Source:  GAMLS #10513836 Report a problem | ||
| 8/14/2025 | Pending sale | $399,000$229/sqft |
Source: NGBOR #415346 Report a problem | ||
| 7/24/2025 | Price change | $399,000-9.1%$229/sqft |
Source: GAMLS #10513836 Report a problem | ||
| 7/1/2025 | Price change | $439,000-12%$252/sqft |
Source: GAMLS #10513836 Report a problem | ||
| 5/2/2025 | Listed for sale | $499,000+50.8%$287/sqft |
Source: GAMLS #10513836 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,529 -1.1% | $123,360 +2.9% |
| 2023 | $1,545 -10% | $119,840 +18% |
| 2022 | $1,717 +6.8% | $101,600 +26.2% |
Find assessor info on the county website
Neighborhood: 30540
Nearby schools
GreatSchools rating
- 4/10Ellijay Elementary SchoolGrades: PK-5Distance: 6.1 mi
- 8/10Clear Creek Middle SchoolGrades: 6-8Distance: 11.2 mi
- 7/10Gilmer High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- Elementary: Ellijay Primary/Elementary
- Middle: Clear Creek
- High: Gilmer
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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