The Norton Commercial Group is proud to present this remarkable Lake Lanier property! The subject property is a 27.67 acre peninsula on Lake Lanier with over 2,700 feet of shoreline. Sewer on site. This property has Corps of Engineers approval for a 10 slip dock. Completely private oasis with multiple additional homesites! Sale includes a rambling brick ranch featuring 5 bedrooms, 4 baths. Vaulted ceilings, formal dining room that seats 12 or more, brick floor breakfast room and den. Foyer with newly refinished parquet flooring and floor-to-ceiling window to soak in the backyard and courtyard. The “bedroom wing” offers 3 oversized bedrooms, all complete with large closets and bathrooms. The other 2 bedrooms are the opposite side of the home with the kitchen, large laundry/mud room and 4th full bath. Screened porch, road to the dock, ample parking. Brand new roof! The potential for this home is endless. Close to everything Gainesville has to offer and in the heart of one of the most coveted neighborhoods in the city. Adjoins the 168 acre Atlanta Botanical Gardens Gainesville. Site is best suited for a large estate on one of Lake Lanier’s largest remaining parcels or a lake community development or 20-30 homes. This is truly a one of kind opportunity!
Lake Lanier home sales* increased a startling 22.4% in 2020. With the strong increase in demand for homes, inventory dropped and remains at 1.4 months – a low not seen in over 20 years. Average sales price also increased by 19.7% to $751,490, an increase undeniably affected by the 217% increase in homes sold over the million-dollar mark. Homes under the $600,000 price have become especially limited, with only 9 on the market as of April 19, 2021.