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441 Mull Rd
Hiawassee, GA 30546

$825,000 USD

Hospitality For Sale  •  5,334 SF

Property Details

  • Property Type Hospitality
  • Total Building Size 5,334 SF
  • Lot Size 1.99 AC
  • Building Class C
  • Year Built 1978
  • Cap Rate 15.19 %
0 Transit Score
0 Walk Score

Description

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.

Highlights

Mountain Views
Turnkey Bed & Breakfast
Endless Outdoor Adventures
Projected Nightly Rate: $175/room
Main House: 4 beds, 3 baths, dry sauna, hot tub & Apartment (attached): 1 bed, 1 bath, kitchen and laundry
Cabin (detached): 2 beds, 2.5 baths, kitchen and laundry

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $146,666 USD (2026)
Cap Rate: 15.19 %
Total Expenses: $23,334 USD

Amenities

  • Spa
  • Hot Tub

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
Jackson Stout 404-229-8848 KELLER WILLIAMS RLTY-PTREE RD
Jackson Stout 404-229-8848 KELLER WILLIAMS RLTY-PTREE RD