441 Mull Road, Hiawassee, GA

$895,000

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2.12

Acres

About 441 Mull Road

Nestled on 2.12 serene acres in the heart of the North Georgia Mountains, this 5,334 sq. ft. bed and breakfast offers the perfect combination of investment opportunity, natural beauty, and room to grow. Just minutes from Lake Chatuge, Brasstown Bald, Young Harris College, and the Georgia Mountain Fairgrounds, guests have endless activities at their fingertips. From boating, kayaking, and fishing to hiking, chasing waterfalls, camping, and exploring the Appalachian Mountains. For even more charm, the Bavarian-style village of Helen, GA is only a 30-minute scenic drive south. The property includes a main house with 4 bedrooms, 3 baths, a dry sauna, and hot tub, currently a nightly rental at $159 per night with year-round mountain views and repeat guests. An attached apartment features 1 bedroom, 1 bath, a full kitchen, and laundry, currently leased at $1,175 per month for steady long-term income. A detached cabin offers 2 bedrooms, 2.5 baths, a full kitchen, and laundry, currently leased at $1,500 per month with tremendous future short-term rental potential. Should you desire, both of these rentals can be changed back to nightly room rentals! Over $325K in renovations have transformed this property inside and out. The main home, guest house, and apartment received extensive updates including new roofs, plumbing, electrical upgrades, flooring, fixtures, windows, and fresh paint throughout. Kitchens and baths were modernized with new vanities, appliances, and granite countertops, while outdoor improvements include new balconies, retaining walls, fencing, landscaping, and French drains for enhanced curb appeal and functionality. With 7 bedrooms and 6.5 baths across three unique living spaces, this property already generates impressive rental income property with a projected 10.68 CAP rate while providing ample acreage for future growth! Think additional cabins, event space, or expanded B&B amenities to maximize your future returns. Whether you're looking to run a turnkey mountain retreat, expand into a thriving hospitality business, or create a family compound with income potential, this property delivers endless possibilities.

Features of 441 Mull Road

MLS® # 10593398
Price $895,000
Bathrooms 0.00
Acres 2.12
Year Built 1978
Type Commercial Sale
Status Active

Community Information

Address 441 Mull Road
Subdivision NONE
City Hiawassee
County Towns
State GA
Zip Code 30546

Amenities

Utilities Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
Parking Spaces 10
Parking Paved
Is Waterfront No
Has Pool No

Interior

Heating Central, Forced Air, Zoned
Cooling Central Air, Electric, Zoned
Fireplace No

Exterior

Lot Description Level
Roof Metal
Construction Aluminum Siding, Wood Siding

Additional Information

Days on Market 27
Zoning None
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty

Listing Map

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