121 Farmstead Rd Ellijay, GA 30540
2
Beds
2
Baths
1,740
Sq Ft
1.03
Acres
Highlights
- Home fronts a pond
- Wood Burning Stove
- Wood Flooring
- View of Trees or Woods
- Cathedral Ceiling
- Main Floor Primary Bedroom
About This Home
As of August 2025**INCOME-GENERATING APARTMENT** Rustic Mountain Cabin with Additional Income Generating Apartment! Tucked into a peaceful, forest-like setting, this fully furnished log-sided cabin offers 1,740 square feet of thoughtfully designed living space and more charm than meets the eye. Located in Still Waters—a small, established community just 10 minutes from Ellijay and nestled at the foothills of the Cohutta Mountains—this property combines natural privacy with easy access to town. Inside, the warmth of wood plank walls, exposed beams, and vaulted ceilings creates a welcoming retreat. A freestanding gas stove anchors the main living area, while a balcony-style loft above offers flexible space for a third bedroom, office, or creative studio. There are two full bedroom suites—one on the main level and one in the finished daylight basement—each with its own full bath. The lower-level suite includes a private entrance, patio access, full kitchen, and laundry area, making it ideal for guests, in-laws, extended stays, or as a separate apartment. Short-term rentals are allowed, offering flexibility for those interested in income potential or dual-use living. Outside, enjoy the soothing sounds of the creek, a small pond with dock, a fire pit, and plenty of space to relax or explore. A rocking chair front porch, covered rear porch, metal roof, utility shed, and ample parking complete the picture. This hidden gem offers a rare blend of rustic character, modern convenience, and flexible living options—all in a scenic mountain setting.
Last Agent to Sell the Property
Keller Williams Elevate Brokerage Phone: 7066238186 License #402672 Listed on: 05/02/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,529
Year Built
- Built in 1999
Lot Details
- 1.03 Acre Lot
- Home fronts a pond
Property Views
- Woods
- Pasture
- Creek or Stream
- Mountain
Home Design
- Cabin
- Frame Construction
- Metal Roof
- Log Siding
Interior Spaces
- 1,740 Sq Ft Home
- 3-Story Property
- Cathedral Ceiling
- Ceiling Fan
- 1 Fireplace
- Wood Burning Stove
- Vinyl Clad Windows
- Insulated Windows
- Window Screens
- Wood Flooring
- Dryer
Kitchen
- Range
- Microwave
- Freezer
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Finished Basement
- Basement Fills Entire Space Under The House
- Laundry in Basement
Parking
- Driveway
- Open Parking
Outdoor Features
- Fire Pit
Utilities
- Cooling Available
- Heating Available
- Well
- Septic Tank
Community Details
- Property has a Home Owners Association
- Still Waters Subdivision
Listing and Financial Details
- Tax Lot 26
- Assessor Parcel Number 3033C 027
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 23, 2024
Closed on
May 21, 2024
Sold by
Healy Erin C
Bought by
Terminus Investment Group Llc
Seller's Agent
Catherine Benitez
RE/MAX Town & Country
Buyer's Agent
Tracy Krohn
Keller Williams Elevate
List Price
$339,900
Sold Price
$331,000
Premium/Discount to List
-$8,900
-2.62%
Views
87
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.48%
Original Mortgage
$264,800
Outstanding Balance
$261,745
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$150,183
Purchase Details
Listed on
May 22, 2019
Closed on
Nov 20, 2019
Sold by
Kartz Gordon C
Bought by
Healy Erin C
Seller's Agent
Lynn Stephens & Melissa Maxie Team
BHGRE Metro Brokers - Ellijay
Buyer's Agent
Catherine Benitez
REMAX Town & Country - Ellijay
List Price
$169,850
Sold Price
$169,850
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.98%
Original Mortgage
$169,850
Interest Rate
3.75%
Mortgage Type
VA
Purchase Details
Listed on
Sep 14, 2012
Closed on
Dec 17, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kartz Gordon C
Seller's Agent
Donna Mousa
Mountain Aire Realty, Inc.
Buyer's Agent
Laura Kiker Cowart
Mountain Aire Realty, Inc.
List Price
$99,900
Sold Price
$78,000
Premium/Discount to List
-$21,900
-21.92%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.88%
Purchase Details
Closed on
Jul 3, 2012
Sold by
Cenlar Fsb
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Dec 17, 2007
Sold by
Mahaffey Donald R
Bought by
Coker Hugh E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,010
Interest Rate
6.21%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $331,000 | -- | |
| Warranty Deed | $169,850 | -- | |
| Warranty Deed | $78,000 | -- | |
| Warranty Deed | $81,900 | -- | |
| Foreclosure Deed | $81,900 | -- | |
| Deed | $178,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $264,800 | New Conventional | |
| Previous Owner | $169,850 | VA | |
| Previous Owner | $187,500 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $161,010 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Sold | $365,000 | -8.5% | $210 / Sq Ft |
| 08/13/2025 08/13/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | Price Changed | $399,000 | -9.1% | $229 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $439,000 | -12.0% | $252 / Sq Ft |
| 05/02/2025 05/02/25 | For Sale | $499,000 | +50.8% | $287 / Sq Ft |
| 05/21/2024 05/21/24 | Sold | $331,000 | -2.6% | $190 / Sq Ft |
| 04/26/2024 04/26/24 | Pending | -- | -- | -- |
| 04/23/2024 04/23/24 | For Sale | $339,900 | +100.1% | $195 / Sq Ft |
| 11/20/2019 11/20/19 | Sold | $169,850 | 0.0% | $98 / Sq Ft |
| 10/08/2019 10/08/19 | Pending | -- | -- | -- |
| 05/22/2019 05/22/19 | For Sale | $169,850 | +117.8% | $98 / Sq Ft |
| 12/17/2012 12/17/12 | Sold | $78,000 | -21.9% | $45 / Sq Ft |
| 11/17/2012 11/17/12 | Pending | -- | -- | -- |
| 09/14/2012 09/14/12 | For Sale | $99,900 | -- | $57 / Sq Ft |
Source: Northeast Georgia Board of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,529 | $123,360 | $13,280 | $110,080 |
| 2023 | $1,545 | $119,840 | $9,800 | $110,040 |
| 2022 | $1,519 | $101,600 | $9,800 | $91,800 |
| 2021 | $1,450 | $80,480 | $9,800 | $70,680 |
| 2020 | $1,437 | $65,320 | $9,800 | $55,520 |
| 2019 | $299 | $65,320 | $9,800 | $55,520 |
| 2018 | $481 | $65,320 | $9,800 | $55,520 |
| 2017 | $471 | $59,480 | $10,080 | $49,400 |
| 2016 | $573 | $60,680 | $10,080 | $50,600 |
| 2015 | $374 | $48,280 | $10,080 | $38,200 |
| 2014 | $270 | $40,400 | $10,080 | $30,320 |
| 2013 | -- | $34,080 | $3,080 | $31,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Krohn
Seller's Agent in 2025
Tracy Krohn
Keller Williams Elevate
(404) 217-5908
41 in this area
198 Total Sales
-
Toby Kreiselmaier
Buyer's Agent in 2025
Toby Kreiselmaier
RE/MAX
(706) 478-7133
6 in this area
26 Total Sales
-
Catherine Benitez
Seller's Agent in 2024
Catherine Benitez
RE/MAX
(706) 889-4784
240 in this area
367 Total Sales
-
L
Seller's Agent in 2019
Lynn Stephens & Melissa Maxie Team
BHGRE Metro Brokers - Ellijay
-
Donna Mousa
Seller's Agent in 2012
Donna Mousa
Mountain Aire Realty, Inc.
(706) 781-9237
11 in this area
41 Total Sales
-
Kirbi Smith
Seller Co-Listing Agent in 2012
Kirbi Smith
Better Homes and Gardens Real Estate
(706) 273-6399
67 in this area
102 Total Sales
Map
Source: Northeast Georgia Board of REALTORS®
MLS Number: 415346
APN: 3033C-027
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