For Auction

Design-Led Hospitality Development | Finish-Out, $641 Pre-Open ADR

536 Vayhaus Trail,
Ellijay, GA 30540

Asset Snapshot

Real Estate
Asset Type
Hospitality
Property Type
2026
Year Built
9
Building Count
60.00 Acres
Land Area

Investment Highlights

Nine Custom Glass Pavilions Largely Built
Full-height glazing, cypress ceilings, microcement walls, and skylit baths are already in place.
12-Cabin Master Plan With Permitted Pavilion
Plan adds Cabins 10 to 12, an office, and a Social Pavilion that carries its own county permit.
Major Systems and Site Utilities Installed
Each cabin is individually metered for power, with water, septic, Wi-Fi, and HVAC systems installed.
60 Wooded Acres in North Georgia Mountains
Creek, ravines, and 1.2 miles of internal road give each dispersed cabin site strong separation.
Itemized $744K Owner Budget to Open Nine
Owner estimate includes $63K contingency and targets opening 90 to 120 days after a funded restart.
Pre-Opening Bookings at a $641 Weighted ADR
Ten direct reservations totaling $24,372 came in before the pause, including a full-property buyout.

Offering Summary

Brokered by Matthews and powered by RealINSIGHT Marketplace, 536 Vayhaus Trail is a partially constructed, design-led boutique hospitality development on approximately 60 wooded acres in Ellijay, GA. Nine custom glass pavilions are substantially built, with power metered to each cabin and water, septic, HVAC, and roughly 1.2 miles of internal road in place. Remaining work is concentrated in finish-out, and the seller’s itemized estimate puts completion and opening of the nine cabins at $744,050, including contingency, with a 90 to 120 day target after a funded restart. Cabinets, appliances, dipping-pool shells, fireplaces, and other specialty components transfer with the sale. Before construction paused, the project drew national press and 10 direct reservations at a $641 weighted ADR, including a two-night buyout of all nine cabins; those bookings were later canceled and refunded. A conceptual master plan adds Cabins 10 to 12, an office, and a permitted Social Pavilion. The property is offered as-is, and the buyer will complete the remaining scope with its own contractor. Set just outside Blue Ridge in the North Georgia mountain market favored by Atlanta-area travelers, the asset offers a meaningful head start over ground-up development for STR operators, boutique hospitality groups, and private buyers.

Due Diligence

Location

536 Vayhaus Trail fronts Old State Hwy 5 south of downtown Ellijay, about 75 miles north of Atlanta via I-575 and GA-515. The site sits just outside Blue Ridge in the North Georgia mountains, near Carters Lake, the area’s apple orchards and wineries, and the Chattahoochee National Forest, a cluster of drive-to leisure draws that pulls steady weekend traffic from metro Atlanta.

$4M
Annual Gilmer County lodging tax budget
500K
Annual visitors to nearby Carters Lake
~75 mi
Approximate drive to Atlanta

Transaction Managers

Platform Fee

Buyer pays a minimum platform fee of 5% or $25,000 at closing.

How it Works

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Read the auction guide

Auctioneer

Lamar P. Fisher
Fisher Auction Company Inc.
License: AUNR003157

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Auction Opens In
44d 18h 5m 14s
$550,000
Starting Bid
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Bidding Opens
Bidding Closes

Investment Sales Brokers

Robert Anderson
Matthews REIS
Mitchell Glasson
Matthews Real Estate
Connor Kerns
Matthews Real Estate
BP
Bill Pedersen
Matthews REIS
GA License: 440007

Disclaimers

The information being provided herein is for informational purposes only. No representation or warranty is made as to the accuracy or completeness of any information contained herein, including, without limitation, any information regarding the condition of the Property, the condition of title or Property descriptions. Any documents and/or pictures posted herein or elsewhere on the RealINSIGHT Marketplace (the "Website") are for informational purposes only, and may not represent the current condition of the Property or the condition of the Property at the time of sale. The posting of pictures herein or elsewhere on the Website does not constitute a guarantee that any items represented in the pictures will be present when the buyer takes possession of the Property. You are encouraged to conduct your own due diligence and investigate all matters relating to the Property. It is recommended that you seek independent advice, including legal advice, to perform your due diligence and that you use good faith efforts in determining that the content of all information provided to or obtained by you is accurate.