492 N  Falling Waters Dr, Demorest, GA 30535
OFF MARKET

492 N Falling Waters Dr
Demorest, GA 30535

  • 3 Beds
  • 3 Baths
  • 1,722 sqft (on 2.05 acres)

$335,400

Trulia Estimate
as of Jun 29, 2026
Est. Refi. Payment $1,901/mo*

$335,400

Trulia Estimate
as of Jun 29, 2026
Est. Refi. Payment $1,901/mo*
3 Beds
3 Baths
1,722 sqft
(on 2.05 acres)

Local Information

  • Map ViewExplore the area around 492 N Falling Waters Dr.
  • Schools1 Preschool School1 Elementary School3 Middle Schools3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Description

Protected investment behind community gates which also provides access to the Chattahoochee River within the neighborhood. Welcome home to Falling Waters your north Georgia mountain retreat, or for a fortunate few, a full time living suite. Open concept design anchored by a wood burning stove, this economical homestead offers affordable home ownership. Kitchen, dining & living areas are open to each other which many buyers find preferable to traditional floor plans. Bedroom on main level w/ensuite bath & guest room w/hall bath or choose larger suite upstairs with private bath. The true feature is the loft, multi-purpose space for artists studio, office or library. June 2019 new roof installation. All this situated on 2 acres.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.

Home Highlights

Parking
No Info
Outdoor
Porch
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 492 N Falling Waters Dr

Interior Features

Heating & Cooling
Heating: Forced Air, Heat PumpAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Carpet, Hardwood
Interior Details
AtticNumber of Rooms: 13Types of Rooms: Family Room, Laundry Room, Master Bath, OfficeCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: FootingPorch
Parking & Garage
Parking Spaces: 2Parking: Carport

Property Information

Year Built
Year Built: 1988Year Updated: 2001
Property Type / Style
Property Type: Single Family HomeArchitecture: Bungalow

Community

Units in Building: 1

Lot Information

Lot Area: 2.05 acres

Price History for 492 N Falling Waters Dr

DatePriceEventSource
08/18/2018$152,000Sold
N/A
08/16/2018$174,900PendingAgent Provided
08/05/2018$174,900Listed For SaleAgent Provided
08/02/2017$1,400ListingRemovedAgent Provided
06/20/2017$1,400Listed For RentAgent Provided
07/29/2005$170,500Sold
N/A

Market trends in Demorest

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
39
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Property Tax and Assessment

Year2024
Tax$735
Assessment$279,800
Home facts updated by county records

Comparable Sales for 492 N Falling Waters Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.20
Single-Family Home
$408,900
08/22/25
4
3
2,936
0.72
Single-Family Home
$385,900
05/27/26
3
3
2,607
0.06
Single-Family Home
$464,900
06/17/26
4
2.5
-
0.76
Single-Family Home
$252,350
09/15/25
4
2
1,848
0.75
Single-Family Home
$370,000
05/01/26
3
2
1,600
0.65
Single-Family Home
$330,000
04/14/26
5
2
2,052
0.81
Single-Family Home
$334,900
02/13/26
4
2.5
1,862
0.95
Single-Family Home
$197,200
02/06/26
3
2
1,064
0.84
Single-Family Home
$370,000
06/11/26
3
2
2,684
0.84
Single-Family Home
$338,900
04/24/26
3
2
1,805

Nearby homes

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Assigned Schools

These are the assigned schools for 492 N Falling Waters Dr.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Demorest

At least 15 Trulia users voted on each feature.
  • 89 % Say car is needed

  • 89 % Say yards are well-kept

  • 83 % Say there's holiday spirit

  • 80 % Say parking is easy

  • 75 % Say there's wildlife

  • 69 % Say it's dog friendly

  • 65 % Say it's quiet

  • 59 % Say kids play outside

  • 50 % Say people would walk alone at night

  • 49 % Say neighbors are friendly

  • 40 % Say they plan to stay for at least 5 years

  • 39 % Say there are community events

  • 35 % Say streets are well-lit

  • 26 % Say it's walkable to restaurants

  • 14 % Say there are sidewalks

  • 11 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Earnest M.
    "It gets very noisy, children, dags Barking can be heard from other buildings, loud music., it's like one big dog potty."
  • Ariel L.
    "it's an okay neighborhood, just average for anyone looking for somewhere to live. privacy is pretty nice"
  • Ariel L.
    "I have family roots here and church traditions. there's usually pretty good people who are kind and easy to get along with. "
  • Evierbowen
    "Only about 10 minutes from the main shopping in Cornelia, and about 15 minutes from the Clarkesville square."
  • Lynnmorrie9
    "My neighborhood is just the way I like it, wild animals no people. Travel to town is short, I can get around very easy, don’t need public transportation!"
  • Lynnmorrie9
    "Friendly, kind of amazing. The only thing I don’t like is they have an hoa, I don’t Like people telling me what I can and can’t do on my property."
  • Pastorzack
    "The people who live here care about the neighborhood. Most lots are along the Chattahoochee river and are very scenic. The association is active and the HOA fees are low. A quiet and safe place to live too! "
  • James G.
    "You can easily tell this neighborhood was probably a great neighborhood in the 70's but not so much today. Stray cats and dogs, yard debris throughout neighborhood, outdated house paint colors etc. For the money, I'd certainly recommend you look elsewhere."
  • Erin
    "Great place for families and retirees. Maybe not such a great place for singles looking to go bar hopping, but great for everyone else. Lots to do that is "behind the scenes" , but it is easy to get connected if you want to in this friendly community."
  • Karen
    "Seedy neighborhood. A lot of turnover. Theft background."

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Apartments for Rent

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Homes for sale near 492 N Falling Waters Dr

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Off Market Homes Near 492 N Falling Waters Dr

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492 N Falling Waters Dr, Demorest, GA 30535 is a 3 bedroom, 3 bathroom, 1,722 sqft single-family home built in 1988. This property is not currently available for sale. 492 N Falling Waters Dr was last sold on Aug 18, 2018 for $152,000. The current Trulia Estimate for 492 N Falling Waters Dr is $335,400.