Short-term rental regulations in Fannin and Gilmer counties are minimal. Be outside the city limits and pay $250/year for your license. There are a couple of communities that restrict STRs, but for the most part, the Blue Ridge Market is very STR-friendly.
Property appreciation continues to climb upward. In many cases, property values have almost doubled since 2019, especially with the newer, more modern-designed cabins.
Since we are so close to metro Atlanta, Blue Ridge is a little more trendy than other cabin markets. Contemporary-style cabins with flat, rough-hewn lumber siding tend to draw in more business. The older, round log cabins can do well if the furnishings are crisp and clean. The perfect case scenario is a contemporary cabin with a farmhouse vibe on the inside. If you are the type of host that loves to decorate, Blue Ridge will be very kind to you! Trendy, modern furnishings will go a long way here. If the inside of your cabin looks like Joanna Gaines decorated it, you stand a chance to make money hand over fist. A hot tub and some sort of gaming amenity are “must haves” to be competitive. Shuffleboards, pinball machines, arcades, pool tables, etc., all work. A cabin with a mountain view can help you make more money during the slower months. Minor upgrades like king beds instead of queen beds make a difference..
We are not necessarily a honeymoon destination, nor are we a corporate retreat destination. Because of this, we don’t have a lot of 1 bedroom cabins or multiplexes. The vast majority of the cabins in our market are 2, 3, and 4 bedrooms.
Ellijay (pronounced Ela-Jay) is the sister town to Blue Ridge. Properties in Ellijay typically cost around 10-15% less and make about 10-15% less. Other areas in the Blue Ridge Market include Cherry Log, the western half of Morganton, Mineral Bluff, and the southeast portion of Epworth. All of these areas can do very well. The best case scenario is being within 15 driving minutes of downtown Blue Ridge.