Real Estate, Residential & Commercial in Georgia, North Carolina & Florida


View details & photos of this beautifully remodeled 3 bedroom, 3 bath mountain home for sale.

Homes for Sale Sky Valley Ga is nestled in the mountains of Sky Valley, Georgia's highest & coolest city.







384 Big Bear Trail Sky Valley, Homes for sale Sky Valley Ga, and just minutes from Highlands, NC an Within Walking distance to most Sky Valley Resort Ga amenities including the pool, tennis, fitness center, and Sky Valley Country Club. 

This home is has been recently updated throughout. Great for year-round or seasonal living and would make a great vacation home or rental, and enjoy the Great Sky Valley Ga Weather. 3 bedrooms, multipurpose room and 3 baths, each with private ensuite, this home is perfect for entertaining and offers privacy to overnight guests. 

The open floorplan, vaulted ceiling with exposed beams, and plenty of natural light create the perfect place to relax and enjoy the beautiful mountains, Rabun Bald, the second highest peak in Georgia, valley  and golf course views. 

Sold mostly furnished, with the exception of family heirlooms and personal items, this home is ready to be your mountain escape.


With an official population of under 300 citizens Sky Valley, Georgia’s highest city, encompasses 3 square miles of land at a high elevation. Sky Valley is a unique place to live and play in the enjoying the peace and quiet in the Blue Ridge Mountains of the United States.

In 2004 the remaining development is sold, and the ski slopes closed, leading to the creation of Sky Valley Resort & Country Club, a lifestyle designed community nestled in the scenic mountain valley of Rabun Bald.

With 18 holes of championship golf, hiking trails, walking trails, and many other activities within 15 minutes, Sky Valley Resort & Country Club is the perfect mountain escape!


A beautiful round of Golf at Sky Valley Resort and Country Club is the favorite of locals and visitors.  After the clubs redesign in 2007, this challenging course is fun for golfers of all ages.

It is voted as the best public course in the State of Georgia. With 18-holes of amazing views and challenging holes, golf here will not disappoint. Furthermore, this club offers membership for locals and is open to the public. After the round, enjoy a drink and lunch at the 19th Hole.


Homes for sale in Sky Valley, Ga are surrounded by the exquisiteness of the North Georgia mountains. With everything a short drive away, Sky Valley offers modern conveniences with a small community feel.

Surrounding Sky Valley Country Club, Sky Valley real estate has many unique qualities. Furthermore, with optional tiers of  club membership and no HOA fess.

Houses for sale in Sky Valley, Ga offer the country club life without the high fees. Sky Valley Ga Real Estate for Sale can be found with beautiful views from the mountains to the valley to the challenging and fun 18-hole golf course.

Sky Valley real estate is available in everyone’s price range. Therefore, when you are looking for houses for sale in Sky Valley, Ga contact Chip Durpo at 706-746-2900 for expert help finding your dream home!





384 Big Bear Trail | Sky Valley Homes for Sale in Rabun County at the Sky Valley Resort and Country Club are near Highlands North Carolina.

Chip Durpo is the Real Estate agent to call when shopping for Sky Valley real estate, houses for sale in Sky Valley, and other real estate for sale. Chip can help you find the perfect home for sale Sky Valley Ga as well as other proprety for sale Sky Valley. Be sure to watch the full video tour of this fantastic mountain living opportunity. 


The Sky Valley Resort & Country Club Clubhouse benefits are offered to members of the Country Club. With many tiers of membership, joining socially gives you access to the clubhouse restaurant and many other amenities.

The Clubhouse hosts yearly events that are open to members. Moreover, these events are fun for everyone and a great time to mingle with friends and neighbors. Come Visit Sky Valley Ga Resort.

Searching Land for Sale Clayton Ga and Clayton Ga Realtors, Contact Chip Durpo, Broker/Agent Today, (706) 746-2900, Real Estate Agents Clayton Ga. Find Homes, Houses, Land, & Commercial Real Estate for Sale in Clayton Ga. Ready to Sell your House, Home, Farm, Land or Commercial Property? Then it’s time to sell your home with REALTOR Chip Durpo.
Chip offers Professional Global Real Estate Marketing, and his 40 years of Real Estate Experience to manage the entire Selling Process, then it’s time to sell your home with REALTOR Chip Durpo. He has fully syndicated access to all Potential Buyers. When Buying and Selling Real Estate in Clayton Ga 30525, the Most Important Decision you’ll make is Choosing the right real estate agent Call REALTOR! Chip Durpo Today! (706) 746-2900

All Chip’s listings are listed in the Georgia and Highlands Multiple Listing Service. Please Click to view all Chip’s Featured Listings. Chip can help you with all Property for Sale in Sky Valley Ga Listed by any Real Estate Agent. Also, Chip is a proud member of the National Association of Realtors

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Maximize Your Return on Investment and Secure Your Future with Commercial and Residential Real Estate, utilizing IRS Section 1031 Exchange!

Are you on the searching for a 1031 Tax Deferred Exchange Real Estate?

Welcome to the world of refined real estate services where experience meets innovation, and excellence is a standard. It’s our pleasure to introduce Chip Durpo, Broker & CEO of Durpo Realty Associates—a name synonymous with unmatched expertise and unwavering dedication in the realm of buying and selling properties.

1031 Exchange, Using IRS Section 1031 Exchange: 

Guide for Real Estate Investors


Real estate investors constantly seek strategies to maximize their returns and reduce their tax liabilities. Among these strategies, the IRS Section 1031 exchange stands out as a powerful tool to defer capital gains taxes while reinvesting in new property. In this blog post, we will guide you through the essentials of utilizing an IRS 1031 exchange for your investment strategy.

Introduction to IRS 1031 exchange rules   

The IRS 1031 exchange, also known simply as a 1031 exchange real estate, offers real estate investors the opportunity to defer taxes when selling a property and reinvesting the proceeds into another. By following specific rules and timelines, investors can capitalize on this provision to grow their portfolios and preserve capital.

1031 exchange real estate

What is a 1031 exchange real estate?

A 1031 exchange is named after Section 1031 of the U.S. Internal Revenue Code. It allows an investor to sell a property, to then reinvest the proceeds in a new property and defer all capital gain taxes. This deferral can be indefinite, as long as each subsequent transaction complies with the requirements of the 1031 exchange.

Benefits of Using IRS 1031 Exchange Real Estate

  • Tax Deferral and Savings: One of the main benefits of a 1031 exchange is the ability to defer the payment of capital gains taxes that would otherwise be due when you sell a property at a profit.
  • Portfolio Diversification: By using a 1031 exchange, investors can diversify their holdings, moving from one type of real estate investment to another, such as from a residential property to a commercial building.
  • Increased Purchasing Power: Deferring taxes means more capital remains available to invest in a replacement property, providing investors with greater leverage and the potential for higher returns.

Qualifying Properties for 1031 Exchange

Qualifying properties for a 1031 exchange must be “like-kind,” meaning that both the property sold and the property acquired are used for investment purposes or productive use in trade or business. Certain personal properties and primary residences do not qualify.There are also strict timelines and deadlines. Investors must identify potential replacement properties within 45 days post-sale of the original property and conclude the exchange by purchasing one or more of the identified properties within 180 days.

Process of Completing a 1031 Exchange

  • Finding a Qualified Intermediary: IRS 1031 rules require that the exchange be facilitated by an unbiased third party, known as a qualified intermediary (QI), who holds the proceeds from the sale until they can be transferred to the seller of the replacement property.
  • Identifying Replacement Properties: Investors must create a list of potential replacement properties within the 45-day identification window, which can include up to three properties without regard to their total value.
  • Closing the Exchange: The investor finalizes the purchase of the replacement property to complete the 1031 exchange within the 180-day period.

Common Pitfalls to Avoid

Successful 1031 exchanges hinge on meticulous planning and adherence to IRS regulations. Common pitfalls include:

  • Violation of Deadlines: Failing to meet the 45-day
    identification or the 180-day closing deadlines.
  • Improper Handling of Funds: All proceeds from the
    sale must be held by the QI and cannot be received by the investor.
  • Non-Qualifying Properties: Ensuring the replacement
    properties are indeed “like-kind” and used for business or
    investment purposes.

The IRS 1031 exchange is a dynamic instrument for real
estate investors aiming for continuous growth and tax efficiency.

While it presents fantastic benefits, it requires careful planning and execution. Real estate investors are advised to consult with tax professionals and QIs well-versed in 1031 exchanges to ensure compliance and to seize the full
advantages of their investments.

Remember, the 1031 exchange is not just about preserving capital; it’s a strategic maneuver in the grand game of real estate investment. With preparation and knowledge, you can position yourself for success and pave
your financial future through savvy investment moves. So, start exploring the possibilities and reap the rewards of a well-executed 1031 exchange. Happy investing!

Additional Resources

1031 Buyers & Sellers | Contact Chip Durpo, Broker/Owner at Durpo Realty Associates 
(706) 746-2900 for help with your 1031 Exchange!   

To learn more about 1031 exchanges and how they can benefit you, check out these resources:

With these resources, you can gain a deeper understanding of the 1031 exchange process and how it can benefit your real estate investments. Remember, always consult with professionals and do thorough research before making any investment decisions. Happy exchanging!


Special thanks to all the experts and organizations who have shared their knowledge and insights on 1031
exchanges. Your contributions are greatly appreciated and valuable in helping investors make informed decisions. Let’s continue to learn, grow, and prosper in the world of real estate investment. Cheers!

Beyond just the financial benefits, there are several other advantages to consider when utilizing a 1031 exchange.

These include:

    • Portfolio Diversification: By exchanging one property for
      another, investors have the opportunity to diversify their real estate
      portfolio and potentially reduce risk.
    • Tax Deferral: The 1031 exchange allows investors to defer
      capital gains taxes, allowing them to have more funds available for
    • Estate Planning: Exchanging into properties with a lower
      tax basis can be beneficial for estate planning purposes, as the tax
      liability is reduced for future generations.
    • Potential for Increased Cash Flow: By exchanging into a
      more profitable property, investors can potentially increase their cash
      flow and overall returns.

Additionally, it’s important to note that there are strict rules and timelines that must be followed in order
to successfully complete a 1031 exchange. Working with a qualified intermediary and understanding all the requirements is crucial for a smooth and successful

In conclusion

A 1031 exchange can be a powerful strategy for real estate investors looking to maximize their profits and build a strong portfolio. It offers numerous benefits beyond just tax deferral and requires careful planning and execution. With the right knowledge and guidance, investors can use this tool to continue growing and succeeding in the ever-changing world of real estate.

So, it is important for investors to constantly educate themselves on all aspects of a 1031 exchange in order to make informed decisions and maximize their investments. By understanding the potential benefits, risks, and rules associated with a 1031 exchange, investors can make strategic choices that align with their long-term financial goals. Additionally, staying up-to-date on changes and updates in the real estate market and tax laws can help investors take advantage of opportunities as they arise.

Another important aspect to consider is working with experienced professionals throughout the entire 1031 exchange process. Qualified intermediaries, real estate agents, and accountants can provide valuable insights and guidance to ensure a smooth and successful exchange. They can also help investors navigate any potential challenges or complexities that may arise.

In summary, while 1031 exchanges can offer significant advantages for real estate investors, they require careful consideration and planning. By staying informed, working with professionals, and evaluating one’s own financial goals and circumstances, investors can leverage this powerful tool to continue building their wealth and achieving long-term success in the real estate market. So keep learning, stay informed, and happy investing! As with any investment strategy, it is important for investors to carefully weigh the potential risks and rewards before making a decision. While 1031 exchanges offer various benefits such as tax deferral and portfolio diversification, there are also certain risks to be aware of.

One potential risk is the strict timeline and rules associated with a 1031 exchange. Investors must identify and acquire replacement properties within specific time frames in order to qualify for tax deferral. This can be challenging and may require careful planning and coordination with multiple parties.

Another risk to consider is the possibility of depreciation recapture. When an investor sells a property through a 1031 exchange, any accumulated depreciation will be subject to taxation. This can result in a higher tax burden for investors if they do not properly plan and reinvest their proceeds into another property.

Additionally, there is always the risk of market fluctuations and changes in real estate values. While diversifying one’s portfolio through a 1031 exchange can help mitigate this risk, it is important for investors to carefully analyze the current market conditions and make informed decisions about potential replacement properties.

Keep learning and stay informed about the latest updates and changes using 1031 exchange regulations to make the most of this valuable opportunity. Happy investing! 

Chip Durpo, Broker/Owner at Durpo Realty Associates. (706) 746-2900