5535 Hidden Harbor DR new

Gainesville,GA 30504

$ 995000

5 Beds

3 Baths

4962 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,962 sqft

Price per Sqft $200

Subdivision Lake Lanier

MLS Listing ID 7554197

Style Contemporary

Bedrooms 5

Full Baths 3

Year Built 1976

Annual Tax Amount $4,033

Tax Year 2023

Lot Size 2.000 Acres

Property Sub-Type Single Family Residence

Property Description

Attention all Lake Buyers, Builders and Investors - Priced to sell and offers a rare opportunity to purchase 2 acres on South Lake Lanier with a 5 bedroom 3 bathroom home and private dock in deep south lake waters. Because the property spans 2 acres, this may offer an opportunity to subdivide into two parcels (please note that subdivision is only a recommendation to maximize the value of the 2 acres. Subdividing the existing acreage and approval for a building permit would be the buyer's responsibility). Subdividing the property could facilitate the construction of a new lake home closer to the Army Corps line and the existing dock while using the original home as a residence during the building process. Upon completion, the original home could serve as a guest house, income-producing property or sold, separately, in the future. The original option is to renovate the current home, restore the tennis court, add a pool and/or possibly an accessory dwelling unit (pool house/cottage) and enjoy a fabulous 2 acre lake estate. Although there is an option to join, this property is NOT part of the HOA that includes the pool and tennis amenities. Located in the private community of Hidden Harbor, this one-owner home offers 2 roomy bedrooms on the main level with full bathroom; tongue and groove vaulted ceiling in great room; 2 stone fireplaces; large windows throughout; spacious kitchen with an abundance of cabinets; separate dining room; 2 sunrooms; 2 laundry rooms; private, upper-level primary suite and a finished terrace level complete with kitchen, family room with fireplace, 2 bedrooms, full bathroom and garage with private entry. Enjoy the prime south lake location near Lake Lanier Islands, waterfront restaurants, marinas, shops, University of North Georgia, and easy access to downtown Atlanta and Hartsfield Airport. This is certainly an excellent, once in a lifetime, Lake Lanier investment opportunity! Don't miss out!

Location

State GA

County Hall

Rooms

Other Rooms None

Dining Room Separate Dining Room

Interior

Heating Central,Heat Pump,Natural Gas

Cooling Central Air

Flooring Carpet,Ceramic Tile,Laminate

Fireplaces Number 2

Fireplaces Type Basement,Great Room

Laundry Laundry Room,Main Level

Exterior

Exterior Feature Balcony,Private Entrance,Private Yard,Tennis Court(s)

Parking Features Attached,Carport,Garage,Kitchen Level,Level Driveway

Garage Spaces 2.0

Fence None

Pool None

Community Features None

Utilities Available Cable Available,Electricity Available,Natural Gas Available

Waterfront Description Lake Front

View Lake

Roof Type Composition

Building

Lot Description Front Yard,Landscaped,Level,Private

Story Two

Foundation Block

Sewer Septic Tank

Water Public

Structure Type Frame,Stone

New Construction No

Schools

Elementary Schools Oakwood

Middle Schools West Hall

High Schools West Hall

Others

Acceptable Financing Other

Listing Terms Other

Special Listing Condition None

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