1427 Cherry Lake Dr

3,863 Sq. Ft.
$198 / Sq. Ft.
3,863
Sq. Ft.
$198
per Sq. Ft.

Description

New bedroom in the basement has been added! 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...New bedroom in the basement has been added! 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 & Ctry-Downtown • 7066324422

Property Details for 1427 Cherry Lake Drive

Subdivision
Cherry Lake
Style
Country/Rustic, Other
Exterior
Balcony, Gas Grill
Fees Include
Maintenance Grounds
Parking
Kitchen Level, Parking Pad
LISTING UPDATED: 01/28/2026 03:38 PM

Property Details for 1427 Cherry Lake Drive

StatusUnder Contract
MLS #10586279
Days on Market179
Taxes$4,827 / year
HOA Fees$300 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1992
Lot Size2.75 AC / 119,790 SF
CountyGilmer County

Location

Listing Courtesy of ReMax Town & Ctry-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

$4,156 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,728

Property Taxes

$402

HOA Dues

$25

The Payment Calculator is for illustrative purposes only.

Property Information for 1427 Cherry Lake Drive

Summary
Location and General Information
  • District: 7
  • Elementary School: Ellijay Primary/Elementary
  • High School: Gilmer
  • High School Bus: Yes
  • Middle School: Clear Creek
  • Middle School Bus: Yes
  • Amenities: Lake
  • 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.
  • Lot Description: Level, Private, Sloped, Steep Slope
Taxes and HOA
  • Association: Yes
  • Parcel Number: 3104A 007
Parking
  • Parking Total: 6
Interior and Exterior Features
Interior Features
  • Total Fireplaces: 1
  • BAF Lower: 1
  • BAF Main: 1
  • BAF Upper: 1
  • BAH Lower: 0
  • BAH Main: 1
  • BAH Upper: 0
  • BR Lower: 1
  • BR Main: 1
  • BR Upper: 1
  • Fireplace Features: Wood Burning Stove
  • Interior: Beamed Ceilings, High Ceilings, Master On Main Level, Rear Stairs, Separate Shower, Soaking Tub, Tile Bath, Two Story Foyer, Vaulted Ceiling(s)
  • Kitchen Features: Breakfast Area, Country Kitchen, Kitchen Island, Solid Surface Counters
  • Rooms: Bonus Room, Family Room, Game Room, Great Room, Laundry, Loft, Other
  • Laundry Features: Common Area, In Mud Room, Other
  • Basement Description: Bath Finished, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Ice Maker, Microwave, Oven/Range (Combo), Refrigerator, Stainless Steel Appliance(s), Washer
  • Flooring: Hardwood, Tile
  • Window Features: Bay Window(s), Double Pane Windows
Exterior Features
  • Roof Type: Metal
  • View: Mountain(s), Seasonal View, Valley
  • Fencing: Back Yard, Fenced
  • Patio And Porch Features: Deck, Patio, Porch, Screened
Property
Utilities
  • Cooling: Ceiling Fan(s), Central Air, Electric, Gas, Zoned
  • Heating Type: Central, Electric, Wood
  • Water/Sewer: Septic Tank
  • Utilities: Electricity Available, High Speed Internet, Propane, Water Available
  • Water Source: Private, Well
Property and Assessments
  • Tax Year: 2024
  • Below Grade Finished: 1637
  • Below Grade Unfinished: 0
  • Construction: Concrete, Log, Wood Siding
  • Stories: Three Or More
  • Deed Page: 89
  • Other Sturctures: Kennel/Dog Run
  • Plat Page: 139
  • Common Walls: No Common Walls
  • Leased Land: No
  • Property Condition: Resale
  • Deed Book: 2570
  • Plat Book: 56
Lot Information
  • Waterfront Footage: 0
  • Land Lot: 76,10
  • Section: 2
  • Waterfront Description: 0
  • Water Description: Lake Access, Pond
  • Above Grade Finished: 2226
  • Foundation Details: Block, Slab
Farm Information
  • Vegetation: Wooded
Room Information
Room Information
  • Diningroom Features: Dining Rm/Living Rm Combo

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$81,600Additions$229,920Total$311,520
Tax Record2024$4,827 ($402 / month)
Home Facts
Beds3Baths3.5Total Finished SqFt3,863 SqFtAbove Grade Finished SqFt3,863 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 - K to 5
Public - 5 to 6
Public - 6 to 8
Rating
School
Distance
Ellijay Elementary School
PublicPK to 5

Clear Creek Elementary School
PublicK 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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of ReMax Town & Ctry-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.