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240 Kennedy Ln, Ellijay, GA, 30540

4beds
3baths
2,580sqft
$849,000
$329price/sqft
$5,189/moest. monthly cost
$207,560/yrincome needed

About This Home

Welcome to your dream mountain retreat! Nestled on 7 unrestricted acres with over 450 feet of serene creek frontage, this 4-bedroom, 3-bath cabin offers a peaceful escape with modern comforts. Inside, you'll love the warm, rustic charm with vaulted wood ceilings, exposed beams, and beautiful hardwood floors throughout. The updated kitchen features granite countertops, stainless steel appliances, and custom cabinetry-perfect for cozy dinners or entertaining. The home includes a bunk room perfect for guests, and a spacious master suite for ultimate relaxation. Step outside and unwind in the hot tub under string lights, roast marshmallows around the fire pit, or explore your private wooded acreage with two creeks-including one sourced from a natural spring that begins right on the property. Enjoy the quiet seclusion while being just 5 miles to town. Whether you're looking for a full-time residence, weekend getaway, or short-term rental opportunity, this cabin checks every box.

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
0
BikeNot Bike Friendly

Schools

5/10
Ellijay Elementary SchoolGrades PK-53.0 mi
7/10
7/10
Gilmer High SchoolGrades 9-122.8 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1987

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Metal
  • Construction materials: Log,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: A-Frame
  • Property subType: Single Family Residence,Cabin

Interior

Appliances

  • Appliances included: Electric Water Heater,Refrigerator,Washer,Dryer,Dishwasher,Ice Maker,Microwave,Oven/Range (Combo)
  • Laundry features: Laundry Closet

Basement

  • Has basement: Yes
  • Basement: Bath Finished,Daylight,Exterior Entry,Finished,Full,Interior Entry

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Soaking Tub,Tile Bath,Vaulted Ceiling(s),High Ceilings
  • Window features: Window Treatments
  • Flooring: Hardwood
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Wood Burning Stove
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 2,580
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Electric,Wood
  • Cooling features: Ceiling Fan(s),Central Air,Electric,Window Unit(s)

Interior Area

  • Total structure area: 2,580
  • Total interior livable area: 2,580 sqft

Kitchen

  • Features: Breakfast Area,Kitchen Island,Solid Surface Counters

Property

Details

  • Parcel number: 3050 086B
  • Special condition: Agent Owned,Investor Owned

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Pool/Spa Combo
  • Patio & porch: Deck,Porch,Screened
  • Has view: Yes
  • View description: Mountain(s)
  • On waterfront: Yes
  • Waterfront features: Creek,Stream
  • Frontage type: Waterfront
  • Residential vegetation: Partially Wooded

Lot

  • Lot size: 7 Acres
  • Features: Pasture,Private

Parking

  • Total spaces: 6
  • Parking features: Off Street

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 WaveVery High
  • Inland Flooding
    Inland FloodingVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Strong Wind
    Strong WindRelatively High
  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Landslide
    LandslideModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Tornado
Strong Wind
Drought
Earthquake
Hail
Ice Storm
Landslide

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 $4,293$51,516
Home Insurance *$356$4,272
Property Taxes $290$3,480
Electricity $250$3,007
Total$5,189$62,268
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,908/yr
40% on housing$155,670/yr
45% on housing$138,373/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

$329This listing

vs Other Active Listings

Avg $/sqft

ZIP 30540$207
Gilmer County$206

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)

No zestimate history available

Price History

DateEventPrice
2025-07-02Price change$849,000
2025-06-24Listed for sale$899,000
2022-04-11Listing removed--
2022-04-07Pending sale$589,000
2022-01-28Sold$594,000
2022-01-02Pending sale$589,000
2021-12-27Listed for sale$589,000
2021-12-19Pending sale$589,000
2021-12-16Listed for sale$589,000
2021-07-28Sold$225,000

For Sale by Agent

AgentJonathan Minerick
BrokerageHomecoin.com

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