3177 Calhoun Falls Highway, Elberton, GA 30635

Property Description

The Heart of Rice Lake Farm Tract 2 is the centerpiece of Rice Lake Farm - a beautiful 10-acre homestead featuring a spacious 2,220 sq. ft. two-story home that perfectly blends open pasture, wooded privacy, and serene lake access. Built in 1976, the home offers 3 bedrooms, 2 full baths, and generous living space across two levels, with 1,788 sq. ft. on the main floor and 432 sq. ft. upstairs. There's also an unfinished 276 sq. ft. basement ideal for storage or future expansion, along with two open porches for outdoor living and a 552 sq. ft. brick garage paired with a matching carport under a gable roof. The home is equipped with roof-mounted solar panels that help offset utility costs, providing efficient and sustainable energy for everyday living. Currently operated as a successful Airbnb, the property generates an impressive $50,000-$80,000 annually in short-term rental income - offering both lifestyle and investment potential. Set privately off Calhoun Falls Highway, the property overlooks rolling fenced pasture, perfect for cattle, horses, or small livestock. Each tract in Rice Lake Farm enjoys access to the shared 8.32-acre pond, and this one lies closest to the water. With paved access, power, well, septic, and no restrictions, this property is move-in ready and ideal for families seeking country living with nearby recreation - just across from Beaverdam Marina on Lake Russell.