$1,399,000
$21K PRICE DROP

1515 Lockridge Dr Cumming, GA 30041

Estimated payment $8,634/month

Total Views 5,014
6 Beds
4.5 Baths
6,052 Sq Ft
$231 Price per Sq Ft

Highlights

  • 100 Feet of Waterfront
  • Covered Dock
  • Lake On Lot
  • Mashburn Elementary School Rated A
  • Home Theater
  • Lake View

About This Home

Enjoy the best of Lake Lanier living in this spacious 6-bedroom, 4.5-bath home with over 6,000 sq ft including a 4-car garage in desirable Mashburn Landing. **Be sure to check out the virtual tour for a fly-through of the full property!** Nestled on a 0.57-acre lakefront lot with 100 feet of shoreline and a covered single-slip dock, this property offers direct access to year-round water—ideal for boating, fishing, and lakeside relaxation. 120 feet of professionally installed rip-rap along the shoreline enhances aesthetics while protecting against erosion. Inside, the home features a welcoming two-story foyer, formal dining room, fireside living room, and an updated kitchen with stone countertops, white cabinetry, and walk-in pantry. The breakfast area and large, bright sunroom have great lake views from the main level. Upstairs has five bedrooms, including a large primary suite with vaulted ceiling, his- and hers large walk-in closets, soaking tub, and separate shower.

The finished terrace level is perfect for entertaining or multigenerational living with a media room, wet bar, game room, full bath, and additional bedroom. Outdoor living spaces include a screened porch, multiple decks, and a covered patio overlooking the wooded backyard and lake. The home also includes a four-car garage, level driveway, and ample storage for lake toys. Located in Forsyth County with easy access to top-rated schools, parks, shopping, and dining. HOA includes street lights and low annual dues.

Listing Agent

Ashley Smith

Keller Williams Realty Atlanta Partners License #407881 Listed on: 06/12/2025

Keller Williams Realty Atlanta Partners

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,809

Year Built

  • Built in 1996

Lot Details

  • 0.57 Acre Lot
  • 100 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Property fronts a county road
  • Irrigation Equipment
  • Front Yard Sprinklers
  • Wooded Lot
  • Private Yard
  • Back and Front Yard

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 4 Car Garage
  • Parking Accessed On Kitchen Level
  • Front Facing Garage
  • Side Facing Garage
  • Driveway Level

Property Views

  • Lake
  • Woods

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Ridge Vents on the Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 6,052 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Rear Stairs
  • Home Theater Equipment
  • Bookcases
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Insulated Windows
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Screened Porch

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • White Kitchen Cabinets
  • Wine Rack
  • Disposal

Flooring

  • Wood
  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • Dual Closets
  • Walk-In Closet
  • Vaulted Bathroom Ceilings
  • Dual Vanity Sinks in Primary Bathroom
  • Whirlpool Bathtub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Washer
  • Sink Near Laundry
  • 220 Volts In Laundry

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Covered dock with one slips
  • Covered Dock
  • Lake On Lot
  • Deck
  • Patio
  • Terrace
  • Rain Gutters

Schools

  • Mashburn Elementary School
  • Otwell Middle School
  • Forsyth Central High School

Utilities

  • Central Heating and Cooling System
  • 110 Volts
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 198 331

Community Details

Overview

  • $35 Initiation Fee
  • Mashburn Landing Subdivision

Security

  • Security Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,809

Year Built

Built in 1996

Lot Details

0

HOA Fees

$42 per month

Parking

4

Listing Details

  • Standard Status: Active
  • Property Type: Residential
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Property Condition: Resale
  • Year Built: 1996
  • Levels Stories: Three Or More
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Concrete, Hardwood
  • Fireplace Features: Family Room, Great Room
  • Number Of Fireplaces: 1
  • Other Equipment: Home Theater, Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Washer
  • Interior Amenities: Bookcases, Crown Molding, Entrance Foyer 2 Story, High Ceilings 9 ft Lower, High Ceilings 9 ft Upper, High Ceilings 10 ft Main, His and Hers Closets, Recessed Lighting, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
  • Basement: Daylight, Exterior Entry, Finished, Finished Bath, Interior Entry, Walk-Out Access
  • Kitchen Features: Breakfast Bar, Breakfast Room, Cabinets White, Eat-in Kitchen, Pantry Walk-In, Stone Counters, View to Family Room, Wine Rack
  • Common Walls: No Common Walls
  • Additional Rooms: Media Room
  • Dining Room Features: Separate Dining Room
  • Square Footage: 6052.00
  • Spa Features: None
  • Window Features: Double Pane Windows, Insulated Windows

Beds/Baths

  • Total Bedrooms: 6
  • Lower Bedrooms: 1
  • Total Bathrooms: 5
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Lower Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Double Vanity, Separate Tub/Shower, Vaulted Ceilings, Whirlpool Tub

Exterior Features

  • Other Structures: Garage(s)
  • Waterfront Frontage: 100
  • Construction Materials: Stucco
  • Roof Type: Composition, Ridge Vents, Shingle
  • Lake Name: Lanier
  • Patio And Porch Features: Covered, Deck, Enclosed, Patio, Rear Porch, Screened, Terrace
  • Exterior Features: Private Yard, Rain Gutters, Rear Stairs
  • View: Lake, Trees/Woods, Water
  • Pool Private: No
  • Foundation: Pillar/Post/Pier

Garage/Parking

  • Carport or Garage: 4
  • Number of Garage Spaces: 4
  • Parking Features: Attached, Detached, Garage, Garage Faces Front, Garage Faces Side, Kitchen Level, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Carbon Monoxide Detector(s), Fire Alarm, Security Service, Smoke Detector(s)
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Main Level, Mud Room, Sink
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Electric: 110 Volts, 220 Volts in Laundry

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds
  • Community Features: Homeowners Assoc, Street Lights
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Mashburn Landing

Schools

  • Elementary School: Mashburn
  • Middle School: Otwell
  • High School: Forsyth Central

Lot Info

  • Acres: 0.5700
  • Lot Features: Back Yard, Front Yard, Lake On Lot, Private, Sprinklers In Front, Wooded
  • Lot Dimensions: x
  • Parcel Number: 198 331
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 35

Tax Info

  • Taxes: 11809.00
  • Assessor Parcel Number: 198-000-331
  • Tax Year: 2024

Multi Family

  • Waterfront Features: Lake Front, Waterfront

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Mashburn
  • High School: Forsyth Central
  • Middle School: Otwell

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $11,809 $481,576 $140,000 $341,576
2023 $12,122 $492,468 $112,000 $380,468
2022 $9,813 $314,620 $98,000 $216,620
2021 $8,688 $314,620 $98,000 $216,620
2020 $8,282 $299,908 $98,000 $201,908
2019 $8,416 $304,316 $98,000 $206,316
2018 $7,860 $284,224 $98,000 $186,224
2017 $7,774 $280,120 $110,000 $170,120
2016 $7,578 $273,040 $110,000 $163,040
2015 $7,539 $271,164 $121,764 $149,400
2014 $6,255 $244,996 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $1,399,000 -1.5% $231 / Sq Ft
06/12/2025 06/12/25 For Sale $1,420,000 +83.2% $235 / Sq Ft
03/23/2018 03/23/18 Sold $775,000 -6.0% $109 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
02/07/2018 02/07/18 Price Changed $824,900 -1.4% $116 / Sq Ft
12/04/2017 12/04/17 Price Changed $837,000 -1.4% $118 / Sq Ft
10/26/2017 10/26/17 For Sale $849,000 +25.2% $119 / Sq Ft
03/14/2014 03/14/14 Sold $678,000 -9.6% $166 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
10/23/2013 10/23/13 For Sale $750,000 -- $184 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $775,000 --
Warranty Deed $678,000 --
Warranty Deed $606,800 --
Foreclosure Deed $255,443 --
Deed $515,000 --
Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,400 New Conventional
Closed $565,000 New Conventional
Previous Owner $542,400 New Conventional
Previous Owner $513,700 New Conventional
Previous Owner $515,780 New Conventional
Previous Owner $400,000 No Value Available
Previous Owner $315,000 New Conventional
Closed $0 Construction
Source: Public Records

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7591360

First Multiple Listing Service (FMLS)

APN: 198-331