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278 Oak Wood Ln, Ellijay, GA, 30540

10beds
11baths
8,642sqft
$3,750,000
$434price/sqft
$25,154/moest. monthly cost
$1,006,160/yrincome needed

About This Home

Welcome to Oakwood Estates, a bespoke mountain estate where contemporary craftsmanship meets timeless lodge design. Perched on a private, elevated ridge with sweeping mountain views, this 10-bed, 10.5 bath masterpiece redefines luxury mountain living. Custom designed and artisan-built, the property spans two fully equipped residences, each with its own character, amenities, and breathtaking vistas, offering an unparalleled opportunity for multi-generational living, investment income, or a private family compound. The main lodge showcases Colorado-inspired architecture with natural stone, timber, and glass framing the mountain panorama. Inside are 5 king ensuites, a nursery, and a bunkroom, along with multiple gathering spaces, including a sound-insulated theater with wetbar, Finnish sauna, game rooms, and 2 gourmet kitchens, ideal for entertaining. Outdoor living takes center stage with wrap-around covered decks, a double-sided stone fireplace, hot tub, and firepit overlooking the mountains. The private cottage mirrors the same elevated design, offering 3 king ensuites, 4 full baths, private gym, infrared sauna, kitchen, hot tub, game loft, and a covered deck with fireplace, perfect for guests, extended family, or additional rental revenue. Smart home technology and infrastructure meet natural beauty, including 6 fireplaces, 4 HVAC units, 2 Generac generators, whole-home humidifiers, ERV systems, 2 septic systems, radon mitigation, and fiber-optic. A detached, insulated 2-car garage offers conversion potential for added living space. Currently a successful short-term rental, the estate comes fully furnished with projected annual revenue of $425K+. Live in one home while renting the other, host retreats, or simply enjoy the privacy of your own mountain sanctuary; the possibilities are endless. Just minutes from downtown Ellijay in High River, with gated access, paved roads, river access, and proximity to hiking and wineries, this is mountain living at its finest.

Getting Around

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

Schools

7/10
7/10
Gilmer High SchoolGrades 9-124.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 2025

Materials

  • Roof: Shingle,Metal
  • Construction materials: Frame,Wood Siding,Stone,Concrete,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cabin,Contemporary,Modern
  • Property subType: Residential

Interior

Appliances

  • Appliances included: Refrigerator,Range,Oven,Microwave,Dishwasher,Washer,Dryer,Freezer,Tankless Water Heater,Electric Water Heater
  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Finished,Full

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 11
  • Full bathrooms: 10
  • Partial bathrooms: 1
  • Main level bedrooms: 4

Features

  • Ceiling Fan(s),Wet Bar,Cathedral Ceiling(s),Wood,Loft,Additional Dwelling Unit,Sauna,Entrance Foyer,High Speed Internet
  • Window features: Insulated Windows
  • Flooring: Wood,Carpet,Tile,Laminate
  • Number of fireplaces: 6
  • Fireplace features: Gas Log,Wood Burning,Outside
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 8,642
  • Total interior livable area: 8,642 sqft

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 3036L 200
  • Special condition: Existing Rental History
  • Other equipment: Generator

Features

  • Levels: Three Or More
  • Stories: 3
  • Patio & porch: Deck,Covered,Wrap Around
  • Exterior features: Fire Pit
  • Has spa: Yes
  • Spa features: Heated
  • Has view: Yes
  • View description: Mountain(s),Year Round,Long Range
  • Frontage type: Road
  • Topography of land: Level,Sloping

Lot

  • Lot size: 3.50 Acres

Parking

  • Total spaces: 2
  • Parking features: Garage,Gravel
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Tornado
Hail
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 $18,962$227,544
Home Insurance *$1,573$18,876
Property Taxes $3,780$45,360
Electricity $839$10,075
Total$25,154$301,848
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$862,422/yr
40% on housing$754,620/yr
45% on housing$670,773/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

$434This listing

vs Other Active Listings

Avg $/sqft

ZIP 30540$205
Gilmer County$205

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
2026-04-29Listed for sale$3,750,000
2025-12-21Listing removed$4,286,000
2025-10-27Listed for sale$4,286,000

For Sale by Agent

AgentThe TurnKey Team
BrokerageHomeSmart

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