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56 Olaf Ct, Ellijay, GA, 30540

2beds
3baths
1,477sqft
$425,000
$288price/sqft
$3,071/moest. monthly cost
$122,840/yrincome needed

About This Home

Welcome to 56 Olaf Court in Ellijay, Georgia, a furnished North Georgia mountain cabin offering the space, character, and resort lifestyle buyers are searching for. Tucked inside the highly desirable Coosawattee River Resort, this inviting mountain retreat is surrounded by peaceful wooded scenery and frequent white-tailed deer, creating a true cabin-in-the-mountains experience while still being convenient to downtown Ellijay. Featuring 2 bedrooms, a sleeping loft, and 3 full bathrooms, the home offers a versatile multi-level layout ideal for a full-time residence, second home, or weekend mountain getaway. The main level features a spacious living area with an electric fireplace, a fully equipped kitchen and dining area, a comfortable bedroom suite with private bath, and an additional full bathroom for guests. Upstairs, the open loft provides flexible space for additional sleeping, a home office, reading area, or bonus living space. The terrace level adds even more functionality with a private bedroom suite, full bathroom with walk-in shower, and cozy den, giving guests or family members their own comfortable retreat. A one-car garage and workshop area provide valuable storage and workspace an added feature that can be difficult to find in a mountain cabin. Outdoor living is one of the highlights of this property. Start the morning with coffee on the screened porch, spend afternoons relaxing on the spacious deck or in the hot tub, and end the evening gathered around the backyard fire pit under the North Georgia stars. There is plenty of room to grill, entertain, and enjoy the wooded mountain setting throughout the seasons. Sold furnished and ready for its next owner, this charming Ellijay cabin makes it easy to start enjoying North Georgia mountain living from day one.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
8/10
7/10
Gilmer High SchoolGrades 9-123.6 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2003

Materials

  • Roof: Shingle
  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Country,See Remarks
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Refrigerator,Range,Microwave,Dishwasher,Washer,Dryer,Electric Water Heater
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Partial

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s),Cathedral Ceiling(s),Wood,Loft
  • Flooring: Wood
  • Number of fireplaces: 1
  • Fireplace features: Electric
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,477
  • Total interior livable area: 1,477 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 3037F 044

Features

  • Levels: One and One Half
  • Stories: 1
  • Pool features: Community
  • Patio & porch: Screened,Deck,Patio,Open,Wrap Around
  • Exterior features: Fire Pit
  • Has spa: Yes
  • Spa features: Heated
  • Waterfront features: Creek Access
  • Frontage type: Road
  • Topography of land: Sloping

Lot

  • Lot size: 0.60 Acres

Parking

  • Total spaces: 1
  • Parking features: Garage,Driveway,Asphalt
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Hail
Inland Flooding
Landslide
Strong Wind
Winter Weather

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,149$25,788
Home Insurance *$178$2,136
Property Taxes $525$6,300
Electricity $219$2,637
Total$3,071$36,852
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$105,291/yr
40% on housing$92,130/yr
45% on housing$81,893/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$288This listing

vs Other Active Listings

Avg $/sqft

ZIP 30540$210
Gilmer County$208

vs Homes Sold Last Month

Median $/sqft

ZIP 30540
Gilmer County$279

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Listed for sale$425,000
2022-10-03Sold$349,900
2022-09-04Pending sale$341,900
2022-09-01Listed for sale$341,900
2017-11-30Sold$169,000
2017-11-03Pending sale$179,520
2017-10-06Listed for sale$179,520
2016-10-31Sold$170,000
2016-06-17Price change$174,900
2016-05-06Price change$184,900
2016-03-26Price change$189,900
2015-09-25Price change$199,900
2015-09-06Listed for sale$219,900
2006-12-08Sold$162,500
2004-12-02Sold$124,900

For Sale by Agent

AgentDora Bryson
BrokerageMountain Oasis Real Estate

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