Updated about 2 months ago on .

Offering: Unique Mountain Property - Luxury Retreat Potential, STR/Event Opportunity
Seeking something rare and inspiring in the North Georgia Mountains? I'm connected to a character-rich estate in Rabun Gap, GA that may speak to buyers looking for more than just a return-it's about legacy, lifestyle, and long-term potential.
This is not my listing, but I do have the needed permissions to market the property.
This home exudes the well-preserved charm and character of a bygone era—featuring craftsmanship that is hard to find anywhere else. This 1920’s two-story mill house boasts a living room with hand-hewn beams and an open, airy structure replete with stunning views of a cascading waterfall, making any gathering unique. The property includes 2.5 baths, a dining room, a full kitchen, and 5 bedrooms, including a master bedroom with an ensuite bathroom and its own fireplace. The home comfortably accommodates up to 11 guests—the Mill House Estate warmly welcomes all. 17 Water Wheel sits majestically at the headwaters of the Little Tennessee River on Keener Creek in Rabun Gap, Georgia—a picturesque agricultural community considered one of the most desirable places to live. Nestled at the intersection of the Blue Ridge Lake Region (Lakes Burton, Rabun, and Tallulah) and the Highlands-Cashiers Plateau of Western North Carolina, adventure is just a short drive away, whether you're an outdoor, art, or food enthusiast. In the county, you'll also find Rabun Gap-Nacoochee School, one of the largest coeducational, college-preparatory boarding schools in the South, serving boarding and day students from Pre-K through 12th grade. Additionally, the Habersham County Airport (FAA Identifier: AJR) is a scenic 40 miles away, featuring a 5,503 x 100 ft (1,677 x 30 m) paved asphalt runway designed to accommodate most private planes and offering refueling capabilities. Private planes can land at this international private jet airport, and several companies offer charter services to and from the airport – there is more than one company available. (For airport complete technical info - https://www.airnav(dot)com/airport/KAJR OR call listing broker) ALL OFFERS CONSIDERED - CORPORATE OWNED - FINANCING AVAILABLE.
Investment Potential
STR $120K-$160K Premium nightly rate in peak seasons
Event Venue $100K-$200K Weddings, corporate retreats, private gatherings
Hybrid Use $180K-$250K STR + events + seasonal rentals
(Sample figures only. Full financials available through the seller's rep.)
Buyer Fit
-- STR operates scaling with character-rich, multi-room estates
-- Boutique retreat/event venue investors
-- Family offices and HNWIs pursuing lifestyle + legacy assets
-- 1031 exchange seekers looking to park capital in a tangible, usable space
If you or someone in your circle invests in distinctive, high-yield mountain properties, feel free to DM me. I'll be glad to share more once I confirm alignment with the listing agent.
Let's connect and explore how this mountain masterpiece might align with your vision.