Rainbow Homes with 1031 Exchange Terms

Rainbow Homes with 1031 Exchange Terms

Welcome to Rainbow, a picturesque subdivision nestled in the heart of Ellijay, Georgia, within the charming Gilmer County. This enchanting community is surrounded by the stunning Blue Ridge Mountains, offering residents a serene escape where nature and comfort converge. With its lush landscapes, vibrant wildlife, and tranquil atmosphere, Rainbow is the perfect place for families, retirees, and anyone looking to embrace a peaceful lifestyle.

The homes in Rainbow are not just dwellings; they are gateways to a lifestyle enriched by the beauty of the North Georgia mountains. Each property is thoughtfully designed, showcasing a blend of modern amenities and rustic charm. Whether you’re seeking a cozy cabin retreat or a spacious family home, you’ll find a variety of options that cater to every taste and need.

One of the standout features of the Rainbow subdivision is the availability of homes with 1031 Exchange terms. This investment opportunity allows buyers to defer capital gains taxes on the sale of their properties, making it an attractive option for those looking to invest in real estate while maximizing their financial benefits. This unique feature is particularly appealing for savvy investors aiming to expand their portfolios in a thriving market.

Living in Rainbow means enjoying a vibrant community with easy access to outdoor activities, local wineries, and charming downtown Ellijay, known for its delightful shops and eateries. With its stunning natural beauty and investment-friendly opportunities, Rainbow is not just a place to live; it’s a lifestyle waiting to be embraced. Come experience the magic of Rainbow and discover your dream home today!

Newest Rainbow Homes with 1031 Exchange Terms

$650,500
4 Beds ⋅ 4 Baths ⋅ 10810918 MLS
180 YEAR-ROUND MOUNTAIN VIEWS | PRIVATE POOL | 2.94 ACRES | GATED + ALL-PAVED ACCESS | ONLY 7 MILES TO DOWNTOWN ELLIJAY! Experience incredible panoramic mountain views from this beautifully maintained 4BR/4BA retreat on 2.94 private acres in a peaceful gated community of approximately 36 homes. Perfectly suited for a full-time residence, retirement home, or second-home mountain getaway, this property combines privacy, convenience, and breathtaking scenery just minutes from downtown Ellijay. The open main level features soaring ceilings, hardwood floors, a stacked-stone wood-burning fireplace, and walls of windows designed to showcase the spectacular year-round views. The kitchen offers granite countertops, tile backsplash, under-cabinet lighting, stainless steel appliances, pantry, and abundant cabinetry. The spacious primary suite includes a sitting room or office, walk-in closet, and ensuite with dual marble vanities, soaking tub, and oversized tiled shower. A second bedroom and full bath complete the main level. Upstairs offers a second primary suite with private balcony, ensuite bath, walk-in closet, and bonus room. The finished terrace level provides a fourth bedroom, fourth full bath, bonus room, storage, utility room, and oversized 3-car garage. Outside, relax by the private above-ground chlorine pool and surrounding deck while enjoying the mountain setting, blueberry bushes, and exceptional privacy. Additional highlights include an attached carport plus two-car carport, professionally serviced 22KW whole-house generator, fiber internet, metal roof, two HVAC systems, two water heaters, Low-E Argon vinyl windows, HVAC updated in 2021, new water heater in 2025, and updated interior and exterior paint. HOA is approximately $560/year with community well water approximately $25/month. Rentals of 6 months or longer are permitted; short-term rentals are not permitted. Gilmer County homeowners who qualify for the senior homestead exemption (generally age 65+) may be exempt from the school-tax portion of their property taxes. Convenient to downtown Ellijay, apple orchards, wineries, hiking, Amicalola Falls, and everything North Georgia mountain living has to offer!

55 Beauregards Knob, Ellijay

Listing courtesy of RE/MAX Town & Country.

Start Your Search

© 2026 Georgia MLS. All rights reserved. Information Deemed Reliable But Not Guaranteed.

board logo

Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.