At an asking price of $93,500, this property at 345 Banner Cir, Ellijay, GA 30540, presents an opportunity for investors, experienced renovators, and buyers looking for a home they can transform into something special.
Situated on a private 1.92-acre lot in the beautiful North Georgia region, this three-bedroom property offers space, privacy, and plenty of potential for someone willing to take on a renovation project.
With approximately 1,655 square feet of living space, a fireplace, a sunroom, a main-level bedroom, and a storage shed, the home has several features that could become valuable assets after the right improvements.
The property also includes a carport with parking for up to three vehicles, making it practical for everyday use once the renovation work is complete.
For buyers who have been searching for an affordable property with land, this could be an opportunity worth exploring.
However, the home needs renovation and is being sold strictly as-is, meaning buyers should carefully evaluate its condition, estimate repair costs, and determine whether the investment fits their goals.
A Property With Room to Create Something Special
One of the most appealing aspects of this property is its combination of indoor living space and nearly two acres of land. In a market where many homes sit on smaller lots, having 1.92 acres offers a different kind of opportunity.
The outdoor space may provide room for landscaping, gardening, outdoor seating, or other improvements permitted by local regulations.
The private setting could also appeal to buyers who value a little more separation from neighboring properties. Instead of purchasing a home in a tightly packed subdivision, future owners may appreciate the additional space and the flexibility that comes with a larger lot.
The property is located in Ellijay, a North Georgia community known for its mountain scenery, outdoor recreation, and small-town atmosphere. Buyers interested in the region may be attracted by the combination of natural surroundings and access to town amenities.
Although the property’s current condition means it will require careful planning, the land itself is an important part of its overall appeal. For the right buyer, the opportunity extends beyond repairing an existing house. It involves evaluating how the home and surrounding property could work together after renovation.
Three Bedrooms and 1,655 Square Feet
The house offers three bedrooms and one full bathroom across approximately 1,655 square feet. This layout provides a starting point for buyers who want to improve an existing residence rather than begin a construction project from scratch.
One bedroom is located on the main level, which could be useful for homeowners who prefer having a sleeping area without relying entirely on upstairs rooms. Depending on the existing floor plan and the home’s condition, this space might also serve another purpose, such as a home office or guest room.
The remaining bedrooms offer additional possibilities for family members, visitors, or flexible living arrangements. Buyers should inspect the rooms carefully to understand their current condition, identify necessary repairs, and determine whether the existing layout meets their needs.
With approximately 1,655 square feet, there is meaningful interior space to work with. Renovation plans could focus on improving the functionality of the rooms, updating finishes, refreshing the interior, and making the property more comfortable for everyday living.
Of course, any proposed changes should be based on a professional assessment of the structure and existing systems. The potential value of the home will depend not only on its size and layout but also on the cost and scope of the work required.
A Family Room With a Fireplace
The family room features a fireplace, offering a classic element that could become one of the home’s most attractive features after renovation.
A fireplace can contribute warmth, visual character, and a welcoming atmosphere to a living space. With thoughtful updates, this room could become a central gathering area for relaxing, entertaining, or spending time with family and friends.
Depending on the condition of the fireplace and surrounding materials, restoration may be possible. Buyers should have the fireplace and chimney inspected by qualified professionals before planning to use them.
The family room also offers an opportunity to rethink the interior’s overall appearance. Fresh finishes, appropriate lighting, improved flooring, and carefully chosen furnishings could help create a more inviting environment while respecting the home’s existing character.
For renovators, these improvements can be part of a larger strategy to make the house more appealing without necessarily undertaking unnecessary structural changes.
A Sunroom With Additional Possibilities
Another notable feature is the sunroom. This space could provide an appealing connection between indoor living and the property’s outdoor surroundings.
After appropriate repairs and improvements, the sunroom might become a quiet place to enjoy a morning coffee, read a book, work remotely, or simply relax. Depending on its construction, insulation, windows, and current condition, it may also offer opportunities for seasonal use.
Before including the sunroom in a renovation plan, buyers should confirm its structural condition and determine whether any work is needed to address windows, flooring, moisture, or other concerns.
Even so, the presence of this additional space gives future owners another feature to consider when developing a design plan for the home.
Nearly Two Acres With No HOA
The 1.92-acre lot is one of the property’s biggest selling points. Buyers seeking additional outdoor space may find this feature particularly attractive, especially if they want room for gardens, outdoor activities, or a more private residential setting.
The property also has no homeowners association, according to the listing information. For some buyers, the absence of an HOA can be appealing because it may mean fewer association fees and fewer association-specific restrictions.
However, no HOA does not mean every use or improvement is automatically permitted. Local zoning requirements, building codes, easements, septic or sewer arrangements, and other applicable regulations should be checked before making plans for additions, outbuildings, or other major changes.
A storage shed is also included, offering a potentially useful place for tools, equipment, or renovation supplies. Its condition and suitability for continued use should be verified during an inspection.
For someone who enjoys outdoor projects, gardening, or maintaining a larger property, the lot may provide opportunities that would be difficult to find with a smaller residential parcel.
Carport and Parking for Three Vehicles
The property includes a carport and parking space for a total of three vehicles, according to the listing details.
Covered parking can be useful for protecting a vehicle from direct sunlight, rain, and other weather conditions. It may also provide a convenient area for unloading groceries, storing certain outdoor equipment, or carrying out small projects.
As with the rest of the property, the carport should be inspected to determine whether it requires repairs or maintenance. Buyers should also confirm the available parking arrangement and any applicable access requirements.
Once the home has been improved, this feature could add practical convenience for residents and visitors.
An Opportunity for Investors and Renovators
At $93,500, the property may attract buyers looking for a renovation project with land in North Georgia. Investors could evaluate whether the home might make sense as a future resale property or a long-term rental, while owner-occupants might prefer to renovate it gradually and create a personalized residence.
The important factor is understanding the complete investment. The asking price is only the starting point. Buyers should account for inspections, repairs, materials, labor, permits where required, insurance, utilities, taxes, and a contingency fund for unexpected expenses.
A qualified contractor can help identify major issues involving the roof, foundation, electrical system, plumbing, heating and cooling, water supply, and wastewater arrangements. These items can significantly influence the total renovation budget.
Investors considering resale should also research comparable renovated properties in the area rather than assuming the finished home will achieve a particular price. Buyers interested in renting the property should investigate local rental demand and estimate realistic operating expenses.
The home is being sold strictly as-is, where-is, with the seller making no repairs. That means buyers should be prepared to accept the property’s condition and make their own careful assessment before submitting an offer.
Is This Ellijay Property Worth Considering?
This three-bedroom home offers several features that make it interesting: 1,655 square feet of living space, a family room with a fireplace, a sunroom, a main-level bedroom, a storage shed, a carport, and a private 1.92-acre lot without an HOA.
Its $93,500 asking price may appeal to buyers who understand renovation projects and are prepared to evaluate the costs involved. The combination of a house and nearly two acres gives the property a different appeal from a typical small-lot fixer-upper.
Nevertheless, the home’s condition remains a critical consideration. A thorough inspection, a realistic renovation estimate, and confirmation of local property requirements should come before any investment decision.
For the right buyer, 345 Banner Cir could represent a chance to take an existing home and give it a completely new chapter. Whether the goal is to create a personal retreat, renovate for resale, or explore a potential rental investment, the next owner will need a clear plan and a careful budget.
FROM ZILLOW