1427 Cherry Lake Dr

3,863 Sq. Ft.
$194 / Sq. Ft.
3,863
Sq. Ft.
$194
per Sq. Ft.

Description

Successful Short Term Rental with an AVERAGE of $81k in yearly revenue for the past 3 years! Whether you're looking for a profitable short-term rental or a mountain home that pays for itself, this 3-bed, 3-bath stunner on 2.75 private acres offers the best of both worlds and it's only 6 miles from Blue Ridge. The open-concept layout with 25-foot beamed ceilings and full-height windows gives the space a bright, airy feel, and the real rough sawn hardwood floors bring warmth and charm. With two septic...Successful Short Term Rental with an AVERAGE of $81k in yearly revenue for the past 3 years! Whether you're looking for a profitable short-term rental or a mountain home that pays for itself, this 3-bed, 3-bath stunner on 2.75 private acres offers the best of both worlds and it's only 6 miles from Blue Ridge. The open-concept layout with 25-foot beamed ceilings and full-height windows gives the space a bright, airy feel, and the real rough sawn hardwood floors bring warmth and charm. With two septic systems already in place, you can rest easy knowing this home is equipped to handle the guest load, especially for the holidays. The fully remodeled kitchen makes entertaining easy, and outdoor living is dialed in with a huge open deck, screened-in porch, hot tub, and fire table—all surrounded by mountain views and total tree top privacy. Downstairs, the finished 1,637 sqft basement adds flexibility for guest space, storage, or a game room setup, and the fenced yard is ready for four-legged visitors. It's move-in ready, STR-ready, income ready and waiting for someone to make the most of it.
  1. Listed by Mallory Ownbey • REMAX Town & Country - BR Downtown

Property Details for 1427 Cherry Lake Drive

View
Yes
Architectural Style
Cabin
Furnished
Furnished
Parking Spaces Total
0
View
Mountain(s), Year Round, Trees/Woods
Waterfront
No
LISTING UPDATED: 03/12/2026 12:18 PM

Property Details for 1427 Cherry Lake Drive

StatusSold
MLS #417571
Days on Market186
Taxes-
HOA Fees$120 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Residential
Year Built1992
Lot Size2.75 AC / 119,790 SF
CountyGilmer County

Location

Listing Courtesy of REMAX Town & Country - BR Downtown, Mallory Ownbey

Sold By REMAX Town & Country - BR Downtown, Mallory Ownbey

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Building Information for 1427 Cherry Lake Drive

Stories3Year Built1992Building Size-Lot Size2.75 AC / 119,790 SF

Payment Calculator

$4,068 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,658

Property Taxes

$400

HOA Dues

$10

The Payment Calculator is for illustrative purposes only.

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Property Information for 1427 Cherry Lake Drive

Summary
Location and General Information
  • Coordinates: -84.3857677, 34.8179471
  • Country: US
  • County Or Parish: Gilmer
  • Directions: From Burger King in Blue Ridge, head south on US 76 and travel approx. 5.3 miles. Turn RIGHT onto Joann Sisson Rd, ravel over rail road tracks to dead end and take a left to continue on Joann Sisson Rd. Travel approx. 1.3 miles and property is on your right. There is no sign in place, as it is an active rental.
  • Latitude: 34.8179471
  • Longitude: -84.3857677
  • State Or Province: GA
  • Parcel Number: 3104A 007
  • Subdivision Name: Cherry Lake
  • Zip Code: 30513
  • Topography: Level,Sloping,Wooded
  • MLS Area Major: Ar 7 Gilmer
Taxes and HOA Information
  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Association: Yes
Parking
  • Carport: No
  • Covered Spaces: 0
  • Garage Spaces: 0
  • Garage: No
  • Open Parking: Yes
  • Parking Features: Driveway, Gravel
School Information
  • Middle Or Junior School District: Gilmer County
  • Elementary School District: Gilmer County
  • High School District: Gilmer County
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Property
Lot Information
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Lot Size Acres: 2.75
  • Lot Size Square Feet: 119790
  • Lot Size Units: Acres
  • Road Surface Type: Gravel, Paved
  • Vegetation: Wooded
Property and Assessments
  • Below Grade Finished Area: 1637
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Public Records
  • Building Area Total: 3863
  • Building Area Units: Square Feet
  • Frontage Type: Road
  • Living Area: 3863
  • New Construction: No
  • Possession: Close Of Escrow, Negotiable
  • Property Condition: Resale
  • Property Sub Type: Residential
  • Property Type: Residential
  • Senior Community: No
  • Year Built: 1992
Utilities
  • Heating: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet, Propane, Water Available
  • Water Source: Community, Well
Interior and Exterior Features
Exterior Features
  • Community Features: Lake Access, Pavilion
  • Exterior Features: Private Yard
  • Fencing: Fenced
  • Foundation Details: Permanent
  • Patio And Porch Features: Screened, Front Porch, Deck, Covered, Patio, Open, Wrap Around
  • Roof: Metal
  • Spa Features: Heated
  • Spa: Yes
  • Window Features: Insulated Windows, Wood Frames
Interior Features
  • Appliances: Refrigerator, Range, Oven, Microwave, Dishwasher, Washer, Dryer, Freezer, Gas Water Heater
  • Basement: Finished, Full, Slab
  • Baths Full: 3.0
  • Bathrooms Partial: 1
  • Bathrooms Total Decimal: 3
  • Baths Total: 4.0
  • Beds Total: 3.0
  • Construction Materials: Log, Concrete, Wood Siding, Log Siding
  • Cooling: Central Air, Electric
  • Cooling: Yes
  • Fireplace Features: Vented, Wood Burning
  • Fireplaces Total: 1
  • Fireplace: Yes
  • Flooring Type: Wood, Tile
  • Heating: Central, Electric, Wood Stove, Wood
  • Interior Features: Ceiling Fan(s), Cathedral Ceiling(s), Wood, Loft
  • Laundry Features: Main Level
  • Levels: Three Or More
  • Main Level Bedrooms: 1
  • Stories: 3.0

Property History for 1427 Cherry Lake Drive

DateEvent & SourcePriceAppreciation
Jan 4, 2023

Sold (Public Record)

Public Record #1503955868

$749,584

+12.6% / yr

Mar 28, 2013

Sold (Public Record)

Public Record #1109519334

$235,000
DateEvent & SourcePrice
01/04/2023

Sold (Public Record)

Public Record #1503955868

$749,584

+12.6% / yr

03/28/2013

Sold (Public Record)

Public Record #1109519334

$235,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1427 Cherry Lake Drive

Taxable ValueLand$91,800Additions$218,840Total$310,640
Tax Record2025$4,799 ($400 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt5,500 SqFtAbove Grade Finished SqFt3,863 SqFtFinished Basement SqFt1,637 SqFtStories2Lot Size119,790 SqFtStyleSingle Family ResidenceYear Built1992Year Renovated2000ZoningR1CountyGILMERAPN3104A 007Fireplace TypeHas Fireplace

Schools near 1427 Cherry Lake Drive

This home is within Gilmer County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 5
Public - 5 to 6
Public - 6 to 8
Rating
School
Distance
Ellijay Elementary School
PublicPK to 5

Clear Creek Elementary School
PublicPK to 5

Gilmer Middle School
Public5 to 6

Clear Creek Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of REMAX Town & Country - BR Downtown, Mallory Ownbey

Based on information from one of the following Multiple Listing Services:FMLS,FMLS_CS,GAMLS,Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS.Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by FMLS,FMLS_CS,GAMLS, Middle GA MLS,Columbus Board of REALTORS, Northeast Georgia Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.