Mountain Living Near Carters Lake. No HOA. STR-Friendly Opportunity. Assumable VA Loan. Experience the best of North Georgia living in this beautifully maintained 3-bedroom, 3-bath ranch home located in the desirable Carters Lake Estates community of Ellijay. Just minutes from Carters Lake, Harris Branch Beach, and Northbank Day Use Area & Marina, this property offers the perfect blend of mountain tranquility and outdoor adventure. Situated on a spacious 0.77-acre corner lot, this 1,904-square-foot home features an open-concept floor plan with soaring vaulted ceilings and abundant natural light. The inviting family room flows seamlessly into the kitchen and dining area, where hardwood floors add warmth and character. The main-level bedrooms feature comfortable new carpeting, while the finished basement offers new luxury vinyl plank flooring. The main floor includes two bedrooms and two full bathrooms, including a private primary suite. The finished terrace level offers exceptional flexibility with a third full bathroom, a spacious room that can function as a third bedroom, home office, media room, or recreation space, and a separate laundry room with additional storage. Step outside to enjoy the back deck, perfect for grilling, entertaining, or relaxing while overlooking the fenced backyard. The large corner lot provides plenty of room for pets, gardening, or outdoor activities, and the two-car porte cochere' adds curb appeal and everyday convenience. One of this property's standout features is NO HOA, giving owners greater flexibility and making it an excellent option for those seeking a primary residence, vacation home, or short-term rental (STR) investment (subject to local ordinances and licensing requirements). With Ellijay's popularity as a mountain getaway destination, this home offers exceptional investment potential. Located in the heart of North Georgia's Apple Country, you'll be surrounded by popular apple orchards, award-winning wineries and vineyards, hiking and biking trails, river adventures, boutique shopping, local restaurants, and year-round festivals. Spend your weekends boating, fishing, kayaking, paddleboarding, or exploring one of Georgia's most beautiful mountain lakes.