Young Harris Real Estate
Young Harris is situated in a beautiful mountain valley known to its residents as the Enchanted Valley. At the center of the Enchanted Valley surrounded by high mountain peaks is the 7,500 acre Lake Chatuge. This verdant and forested area is characterized by multi-million dollar estate homes and upscale resort communities that were tastefully developed along Lake Chatuge’s shores. In addition to the natural splendor of the Enchanted Valley, the quality of life in Young Harris is enhanced by the excellent public school system in Towns County, the low 79.0 cost of living index, the low crime rate, convenient quality health care and the many recreational opportunities that are available locally.
Young Harris is a rural town containing many single family homes. Residential community developments are located nearby. At the center of town in Young Harris, most of the homes are much older than the homes around Lake Chatuge and few of them are available for sale because they are occupied by long term residents. For between $60,000 and $90,000, a 2, 3 or 4 bedroom ranch style home that is close to town occasionally goes up for sale. Newer and more upscale homes can be found throughout the Enchanted Valley, especially along the shores of Lake Chatuge and on the mountains where the views are spectacular.
Real estate in the Enchanted Valley
Real estate in the Enchanted Valley is characterized by multi-million dollar custom built lakeside homes, charming log cabin style homes, and luxurious residential condominium developments that offer special amenities to residents. Typical condominium prices range from $250,000 for a 3 bedroom, 2 bathroom unit in a lakefront resort community with a swimming pool and tennis courts to $500,000 for a fully furnished 2-story condo in an exclusive ridges resort community with year round lake and mountain views. 2 bedroom, 2 bathroom lakefront homes on about ¼ acre of land can sometimes be found for under a million dollars. But $1,000,000 also buys a 5 bedroom, 3 bathroom home on 5 acres of land that is not near the lake with a 5,000 sq. ft. barn and a fenced-in area for training horses.
Throughout the Enchanted Valley, homes that are not near the lake or homes that do not have mountaintop views but are located within beautiful rural forested areas are often priced between $160,000 and $200,000. These properties are usually 3 bedroom, 2 bathroom homes on ½ acre to 1 acre of land. The median home cost in Young Harris was $285,000 in 2007 and homes had appreciated in value by 7.55% since 2006. That’s very good news for homebuyers who desire all the amenities Young Harris has to offer.