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    253 Happy Trail Way Jasper, GA 30143

    View on Map
    Sponsored
    For Sale
    $2,999,000

    MULTI_FAMILY - Jasper, GA

    Property size:
    6,031 SF
    Lot size:
    13.00 Acres
    Days on Market:
    5
    Last Refresh:
    Mar 13 at 6:06 am

    Property Features for 253 Happy Trail Way

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    044A 002
    Parking features
    Guest
    Size
    6,031 SF
    Lot size
    13.00 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central, Forced Air, Zoned, Propane (Heating)
    Cooling system
    Ceiling Fan(s), Central Air, Zoned
    Water source
    Well

    Building Details

    Year built
    2022
    Floors in Building
    2
    Number of units
    3
    Building materials
    Concrete, Stone, Wood Siding

    We can help!

    Listing Contact
    Athome Ev Atlanta

    Engel & Volkers Atlanta (404) 845-7724

    Listing agent Athome Ev Atlanta (404) 845-7724

    Listing date Mar 9, 2026

    MLS# 10668175 Listing URL

    Copyright © 2026 Georgia Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    North Georgia Winery and Lodge

    Cairn View Winery and Bent Tree Lodge combine to offer a North Georgia destination with lifestyle, hospitality, and business success. Located just over an hour north of Atlanta, this property spans approximately 13 acres of vineyard and mountain landscape. Cairn View Winery, completed in 2022, features a 6,031 sqft winery along with a 720 sqft barn, climate controlled storage, a VIP members tasting room, kitchen, and multiple indoor and outdoor event spaces. Expansive patios overlook the vineyard and mountains. Two furnished guest suites offer overnight accommodations. The winery is fully operational and profitable. Bent Tree Lodge, built in 2019, offers a 4,450 sqft bed & breakfast retreat featuring four guest suites, a private owner's suite, office, and a two story great room anchored by a floor to ceiling stone fireplace. The lodge provides a mountain escape for visitors. The Cabernet Franc vineyard, recent landscaping improvements, and mountain setting complete this opportunity to own a winery, boutique lodging experience, and private retreat in the heart of North Georgia wine country. Both businesses have been recognized with Georgia Business Journal Best in Georgia honors. The winery has earned multiple Best Of awards in 2023, 2024, and 2025. The property is located in Jasper, GA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Vineyards

    Suggested Use

    Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Nail Salon Gym & Fitness Center Pharmacy Accounting Firm Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jasper
    County
    Pickens
    State
    Georgia
    Longitude
    -84.349947
    Latitude
    34.462527

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    FAQs

    What type of property is this?
    Vineyard - Winery and bed & breakfast retreat in North Georgia.
    Where is this vineyard located?
    The property is located at 253 Happy Trail Way Jasper, GA.
    What is the asking price?
    The asking price for this property is $2,999,000.
    What are key features of this property?
    This property features: - Profitable, award-winning winery and established bed & breakfast business opportunity.; - Turnkey operation with fully operational winery (built 2022) and lodge (built 2019).; - Prime location in North Georgia wine country, just over an hour from Atlanta.
    (404) 845-7724
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    253 Happy Trail Way Jasper, GA 30143
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    We can help!
    Listing Contact
    Athome Ev Atlanta
    (404) 845-7724
    Learn more
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