$1,650,000
$20K PRICE DROP

4777 Destitute Way Gainesville, GA 30506

Estimated payment $9,519/month

Total Views 8,006
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 162 Feet of Waterfront
  • Docks
  • Lake View
  • Double Slip
  • Deep Water Access
  • Wood Flooring

About This Home

*** Up to 1% Lender Credit available from Preferred Lender*** Freshly painted White Cabinets! ** Explore this stunning brick SHORT TERM RENTAL home on Lake Lanier, featuring 4 bedrooms and 5 baths, with a flat walk to the double slip dock and beautiful lake views from all bedrooms. Recent updates include a brand new roof and freshly painted exterior. The custom kitchen boasts stainless steel appliances, an island, and granite countertops. Enjoy a spacious 3-car garage, a large office, a formal dining room, and an eat-in kitchen. Relax by the double fireplace in the keeping room or living room with lake views. The main level master suite includes a large shower, soaking tub, double vanities, and a walk-in closet. Additional highlights are a screened porch, sunroom, and new back deck. Upstairs features a loft with a full bath, two large bedrooms each with bathrooms, and ample storage. The basement offers a bedroom, full bath, theater, game room, living room, kitchen, and storage. Step out to the double slip dock with deep water access, making this home perfect for lakeside entertaining. No restrictions in community, pay $100 yearly for road maintenance. Experience exceptional lakeside living in this remarkable property!

Listing Agent

Karen Hilliard

Keller Williams North Atlanta License #407297 Listed on: 05/24/2025

Keller Williams North Atlanta

Co-Listing Agent

Britney Javens

Keller Williams North Atlanta License #425742

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,068

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • 0.54 Acre Lot
  • Lot Dimensions are 187 x 162
  • 162 Feet of Waterfront
  • Lake Front
  • Level Lot

Home Design

  • Shingle Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Lake Views

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Parking

  • 9 Car Attached Garage
  • Driveway Level

Accessible Home Design

  • Accessible Full Bathroom
  • Accessible Bedroom
  • Accessible Common Area
  • Central Living Area
  • Accessible Hallway
  • Accessible Closets
  • Accessible Doors
  • Accessible Approach with Ramp
  • Accessible Entrance

Eco-Friendly Details

  • Energy-Efficient Appliances

Outdoor Features

  • Deep Water Access
  • Double Slip
  • Covered dock with two slips
  • Docks

Schools

  • Mount Vernon Elementary School
  • North Hall Middle School
  • North Hall High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • Destitute Acres Subdivision
  • Security Service

Listing and Financial Details

  • Assessor Parcel Number 10120 000003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,068

Year Built

Built in 2005 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Active
  • Property Type: Residential Income
  • MLS Status: Active
  • Property Condition: Updated/Remodeled
  • Year Built: 2005
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Doors, Accessible Entrance, Accessible Full Bath, Accessible Hallway(s)
  • Levels Stories: Three Or More
  • Special Features: OpenHouse
  • Property Sub Type: MultiFamily

Property Details

  • Property: Residential Income

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Window Features: None

Exterior Features

  • Waterfront Frontage: 162
  • Construction Materials: Brick 4 Sides
  • Roof Type: Shingle
  • Lake Name: Lanier
  • View: Lake
  • Pool Private: No

Garage/Parking

  • Number Of Parking Spaces: 9
  • Parking Features: Attached, Driveway, Garage, Level Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Security: Security Service
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Central, Electric
  • Utilities: Cable Available, Electricity Available, Water Available

Condo/Co-op/Association

  • Subdivision Complex: Destitute Acres

Schools

  • Elementary School: Mount Vernon
  • Middle School: North Hall
  • High School: North Hall

Lot Info

  • Acres: 0.5400
  • Lot Features: Level
  • Lot Dimensions: 187 x 162
  • Parcel Number: 10120 000003
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Unit Count: 1
  • Number Of Units Total: 1
  • Waterfront Features: Lake Front, Waterfront

Tax Info

  • Taxes: 3068.00
  • Assessor Parcel Number: 10-00120-00-003
  • Tax Year: 2024

MLS Schools

  • Elementary School: Mount Vernon
  • High School: North Hall
  • Middle School: North Hall

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 $3,166 $386,600 $151,240 $235,360
2023 $3,338 $375,560 $151,240 $224,320
2022 $2,659 $299,920 $108,040 $191,880
2021 $2,719 $290,600 $108,040 $182,560
2020 $2,710 $283,000 $108,040 $174,960
2019 $2,729 $277,920 $108,040 $169,880
2018 $2,667 $264,480 $100,960 $163,520
2017 $2,449 $257,880 $100,960 $156,920
2016 $2,199 $257,880 $100,960 $156,920
2015 $2,205 $257,880 $100,960 $156,920
2014 $2,205 $257,880 $100,960 $156,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,670,000 0.0% $292 / Sq Ft
04/29/2025 04/29/25 Pending -- -- --
03/31/2025 03/31/25 Price Changed $1,670,000 -1.8% $292 / Sq Ft
02/25/2025 02/25/25 For Sale $1,700,000 -- $298 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,050,000 --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $67,185 New Conventional
Previous Owner $143,000 Stand Alone Second
Previous Owner $350,154 No Value Available
Previous Owner $4,036 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7585581

First Multiple Listing Service (FMLS)

APN: 10-00120-00-003