Incredible Lake Blue Ridge home w/ year round deep water, private cove, waterfall views, paved access, only 10 minutes from Blue Ridge! 4 bed/3.5 baths, 3 living areas, huge kitchen & amazing outdoor living space to take in the views of the lake & the sounds of the waterfall. Large double decker, 2 slip dock w/ 177' of lake frontage. Private concrete path or steps through the towering hemlocks & mtn laurel to the lake. Upscale primary suite w/ spacious sitting area, fireplace, lake views, HUGE closet, laundry, & spa like bathroom. Kitchen offers a walk in pantry, island, dining area all open to the expansive great room w/ soaring ceilings, oversized stone fireplace & large windows overlooking the lake. Terrace level offers 2 more gathering areas, a bunk room, 2beds/2baths, an office & 2nd laundry. 2 garages (a 2 car & the other a 3 car), & long private driveway. Located in the Aska Adventure Area!
Single-familyProperty Type
2001Year Built
1.98 acresLot Size
$493Est. Price/Sq.Ft.
5 car garageParking
Listed by AJ Petrillo• REMAX Town & Country - BR Appalachian
Bought with AJ Petrillo• REMAX Town & Country - BR Appalachian
Bought with Andrew Petrillo• REMAX Town & Country - BR Appalachian
Incredible Lake Blue Ridge home w/ year round deep water, private cove, waterfall views, paved access, only 10 minutes from Blue Ridge! 4 bed/3.5 baths, 3 living areas, huge kitchen & amazing outdoor living space to take in the views of the lake & the sounds of the waterfall. Large double decker, 2 slip dock w/ 177' of lake frontage. Private concrete path or steps through the towering hemlocks & mtn laurel to the lake. Upscale primary suite w/ spacious sitting area, fireplace, lake views, HUGE closet, laundry, & spa like bathroom. Kitchen offers a walk in pantry, island, dining area all open to the expansive great room w/ soaring ceilings, oversized stone fireplace & large windows overlooking the lake. Terrace level offers 2 more gathering areas, a bunk room, 2beds/2baths, an office & 2nd laundry. 2 garages (a 2 car & the other a 3 car), & long private driveway. Located in the Aska Adventure Area!
NEGBOR #321073
Aug 14, 2023
Sold
$2,060,000
$496/sq ft
Jun 30, 2023
Pending
—
Jun 23, 2023
Price Changed
$2,199,000
$529/sq ft
May 25, 2023
Price Changed
$2,575,000
$620/sq ft
May 18, 2023
Price Changed
$2,739,000
$659/sq ft
May 3, 2023
Price Changed
$2,749,000
$661/sq ft
Dec 10, 2022
Price Changed
$2,950,000
$710/sq ft
Nov 15, 2022
Price Changed
$2,990,000
$719/sq ft
Nov 8, 2022
Listed
$3,190,000
$768/sq ft
NEGBOR #219970
Dec 18, 2012
Sold
$737,000
$177/sq ft
May 11, 2012
Listed
$899,000
$216/sq ft
You can hear the rushing sounds of the nearby 40' waterfall from the private screened porch of this lake lodge with expansive beams, soaring ceilings, stacked stone, gourmet kitchen with and open floor plan. This is an incredible location, with almost two acres of privacy, an unbelievable view of the lake and 30' deep water at the dock, with 177 feet of frontage, where you are surrounded by mountain laurel, rhododendron and amazing hemlocks. Let the outside in with double French doors openingto the screened porch. This is quite an upscale home in the most beautiful cove on the lake.
FMLS #4310162
May 8, 2012
Listing Removed
—
Jan 5, 2012
Listed
$995,000
$239/sq ft
GAMLS #3084760
Jan 6, 2012
Listing Removed
—
Jun 21, 2011
Listed
$995,000
$239/sq ft
FMLS #4240157
Jan 3, 2012
Listing Removed
—
Jun 21, 2011
Listed
$995,000
$239/sq ft
Public Records
Aug 27, 1999
Sold
$199,900
$48/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$5,115 (−1.7%)
$264,320 + $309,278
$573,598
2025
$5,204 (−1.0%)
$264,320 + $309,278
$573,598
2024
$5,257 (+17.5%)
$264,320 + $309,278
$573,598
2023
$4,472 (−5.0%)
$264,320 + $309,278
$573,598
2022
$4,706 (−9.5%)
$264,320 + $251,346
$515,666
2021
$5,200 (+7.2%)
$264,320 + $132,774
$397,094
2020
$4,852 (+8.0%)
$222,000 + $132,774
$354,774
2019
$4,491 (−5.7%)
$176,320 + $132,774
$309,094
2018
$4,762 (−0.7%)
$176,320 + $132,774
$309,094
2017
$4,794 (−7.4%)
$176,320 + $134,849
$311,169
2016
$5,175 (+17.0%)
$176,320 + $134,849
$311,169
2015
$4,423 (+19.2%)
$108,000 + $141,283
$249,283
2014
$3,710
$108,000 + $100,547
$208,547
Tax history for 986 Shady Falls Rd
Year
Property tax
Land + Additions
Assessment*
2026
$5,115 (−1.7%)
$264,320 + $309,278
$573,598
2025
$5,204 (−1.0%)
$264,320 + $309,278
$573,598
2024
$5,257 (+17.5%)
$264,320 + $309,278
$573,598
2023
$4,472 (−5.0%)
$264,320 + $309,278
$573,598
2022
$4,706 (−9.5%)
$264,320 + $251,346
$515,666
2021
$5,200 (+7.2%)
$264,320 + $132,774
$397,094
2020
$4,852 (+8.0%)
$222,000 + $132,774
$354,774
2019
$4,491 (−5.7%)
$176,320 + $132,774
$309,094
2018
$4,762 (−0.7%)
$176,320 + $132,774
$309,094
2017
$4,794 (−7.4%)
$176,320 + $134,849
$311,169
2016
$5,175 (+17.0%)
$176,320 + $134,849
$311,169
2015
$4,423 (+19.2%)
$108,000 + $141,283
$249,283
2014
$3,710
$108,000 + $100,547
$208,547
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
1.98 Acres
Year renovated
—
Sq. Ft.
4,156
Year built
2001
Style
Single Family Residential
County
Fannin County
APN
0040 0125A
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 2, 2026.
Property details
Parking
Parking Information
# of Parking Spaces (Total): 5
Parking Features: Garage, Carport, Detached, Driveway, See Remarks, Concrete