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5 Elaine Dr SW, Cave Spring, GA, 30124

4beds
2baths
1,795sqft
$269,000
$150price/sqft
$2,205/moest. monthly cost
$88,200/yrincome needed

About This Home

Welcome to 5 Elaine Drive in Cave Spring! Situated on approximately 1.23 acres, this unique property offers flexibility, space, and endless possibilities. The main home features 3 bedrooms and 1 full bath, while the attached apartment provides an additional 1 bedroom and 1 full bath-ideal for extended family, guests, a home office, or potential rental income. The property also includes a storm shelter/storage room beneath the home, offering added peace of mind and extra storage space. Enjoy the privacy of a spacious lot with room to garden, play, or simply relax while still being just a short drive from the conveniences of Cave Spring and Rome. Whether you're looking for a multi-generational living arrangement, an investment opportunity, or a home with extra space to fit your lifestyle, this property is one you won't want to miss!

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
Coosa Middle SchoolGrades 5-710.3 mi
7/10
Coosa High SchoolGrades 8-129.9 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1972

Materials

  • Foundation: Block
  • Roof: Metal
  • Construction materials: Brick,Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Oven/Range (Combo),Refrigerator
  • Laundry features: Other

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 4

Features

  • In-Law Floorplan,Master On Main Level
  • Flooring: Carpet,Hardwood,Other,Tile
  • Number of fireplaces: 1
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,795

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,795
  • Total interior livable area: 1,795 sqft

Property

Details

  • Parcel number: E18 080
  • Special condition: As Is

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Patio

Lot

  • Lot size: 1.23 Acres
  • Features: Level,Other,Private

Parking

  • Total spaces: 2
  • Parking features: Carport
  • Carport: 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

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hail
    HailModerate
  • Landslide
    LandslideModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Drought
Inland Flooding
Lightning
Strong Wind
Hail
Landslide
Wildfire

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 $1,360$16,320
Home Insurance *$159$1,908
Property Taxes $467$5,604
Electricity $219$2,637
Total$2,205$26,460
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$75,600/yr
40% on housing$66,150/yr
45% on housing$58,800/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: 7.0%
7.0%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 14.9%
14.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$150This listing

vs Other Active Listings

Avg $/sqft

ZIP 30124$182
Floyd County$142

vs Homes Sold Last Month

Median $/sqft

ZIP 30124$132
Floyd County$154

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
2026-08-08Price change$264,000
2026-07-30Listed for sale$269,000
2015-06-04Sold$100,000

For Sale by Agent

AgentHeather Alam
BrokerageUnlock Realty Group

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