Seller's Agent in 2025
Mark Spain
Mark Spain
(678) 537-8980
9,934 Total Sales
5038 Watchmans Cove Gainesville, GA 30504
3
Beds
3
Baths
2,937
Sq Ft
10,454
Sq Ft Lot
Highlights
- Open-Concept Dining Room
- Clubhouse
- Oversized primary bedroom
- View of Trees or Woods
- Vaulted Ceiling
- 2-Story Property
About This Home
As of August 2025Channel your inner Joanna Gaines when you walk into this STUNNING Southern Charmer! Your dream home awaits in the exclusive, gated 55+ active adult community of Stephens Point, located along the scenic shores of Lake Lanier. This better than new, ranch-style home is designed for a peaceful, care-free lifestyle, featuring elegant finishes throughout with over $25K in additional custom upgrades, aside from the builders’ upgrades. Move-in ready, it offers a spacious open-concept layout filled with natural light through abundant windows. This home includes many of the builder’s custom upgrade options that were only offered to homebuyers in the first phase of the development. Main level includes spacious office, mudroom, laundry room with custom cabinets & folding table for ease and convenience. Open concept dining and family room with a Chef’s Dream Kitchen, offering Oversized Island, Quartz counters, 5 burner gas stove, stainless steel appliances, custom modern light fixtures, stunning light wood grain accent walls and large walk-in pantry. Open concept area makes Entertaining a breeze. Never miss a moment with family and friends. Private covered patio, perfect for enjoying morning coffee while soaking in the tranquil surroundings. Oversized master with vaulted ceilings, and spacious, spa like upgraded master ensuite with tiled stepless shower, dual vanities with granite counters, gray wood grain color accent walls, custom light features & large walk-in closet. Up the stairs, a guest suite features a large media room,/living area, a bedroom with its own bathroom, and two attic/storage areas with plenty of space for your holiday decor and other miscellaneous items. This area is perfect for an In-law suite or multi-generational family living situation. All of this on large, picturesque, private corner lot....largest lot in the community! The Stephens Point community offers a luxurious clubhouse with a kitchen, shuffleboard, billiards, swimming pool, pickleball courts, sidewalks, streetlights, a courtesy dock with 14 slips accessible by golf cart path, and a variety of social activities. The HOA covers lawn maintenance, trash, and common area upkeep. Conveniently located just a few miles from Historic Flowery Branch and Gainesville, you'll have access to fine dining, activities, and a short drive to the North Georgia Mountains! RUN don’t walk to this gem and make this Dream home YOUR REALITY today!
Last Agent to Sell the Property
Mark Spain Real Estate License #178501 Listed on: 07/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,534
Year Built
- Built in 2022 | Remodeled
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 133x130x29x130
- Property fronts a private road
- Private Entrance
- Landscaped
- Level Lot
- Private Yard
- Back Yard
HOA Fees
- $61 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Property Views
- Woods
- Rural
Home Design
- 2-Story Property
- Slab Foundation
- Shingle Roof
- HardiePlank Type
Interior Spaces
- 2,937 Sq Ft Home
- Crown Molding
- Vaulted Ceiling
- Ceiling Fan
- Gas Log Fireplace
- Double Pane Windows
- Family Room with Fireplace
- Open-Concept Dining Room
- Home Office
- Loft
- Bonus Room
- Attic
Kitchen
- Open to Family Room
- Eat-In Kitchen
- Walk-In Pantry
- Gas Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
- White Kitchen Cabinets
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- Oversized primary bedroom
- 3 Bedrooms | 2 Main Level Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- Dual Vanity Sinks in Primary Bathroom
- Shower Only
Laundry
- Laundry Room
- Laundry in Hall
- Laundry on main level
Home Security
- Security Lights
- Fire and Smoke Detector
Accessible Home Design
- Accessible Full Bathroom
- Accessible Bedroom
- Accessible Kitchen
- Kitchen Appliances
- Accessible Entrance
Schools
- Oakwood Elementary School
- West Hall Middle School
- West Hall High School
Utilities
- Central Heating and Cooling System
- 220 Volts
- 110 Volts
- High Speed Internet
- Phone Available
- Cable TV Available
Additional Features
- Covered Patio or Porch
- Property is near shops
Listing and Financial Details
- Home warranty included in the sale of the property
- Assessor Parcel Number 08065 000201
Community Details
Overview
- $2,205 Initiation Fee
- Atlanta Community Services Association, Phone Number (770) 904-5270
- Secondary HOA Phone (770) 904-5270
- Stephens Point Subdivision
- Rental Restrictions
Amenities
- Clubhouse
Recreation
- Tennis Courts
- Pickleball Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 31, 2024
Closed on
Jul 24, 2024
Sold by
Muriset Alan D
Bought by
Mahaffey Elizabeth Ellen
Seller's Agent
Kathleen Longspaugh
Crye-Leike, Realtors
Buyer's Agent
Elizabeth Pope
Mark Spain Real Estate
List Price
$522,000
Sold Price
$522,000
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.64%
Original Mortgage
$382,000
Outstanding Balance
$378,014
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$166,082
Purchase Details
Closed on
Sep 23, 2022
Sold by
Lennar Georgia Llc
Bought by
Muriset Alan D and Muriset Gwendolyn D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,180
Interest Rate
5.55%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Limited Warranty Deed | $522,000 | -- | |
| Warranty Deed | $470,180 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $382,000 | New Conventional | |
| Previous Owner | $220,180 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/20/2025 08/20/25 | Sold | $549,000 | 0.0% | $187 / Sq Ft |
| 07/08/2025 07/08/25 | Pending | -- | -- | -- |
| 07/08/2025 07/08/25 | For Sale | $549,000 | +5.2% | $187 / Sq Ft |
| 07/24/2024 07/24/24 | Sold | $522,000 | 0.0% | $178 / Sq Ft |
| 06/18/2024 06/18/24 | Pending | -- | -- | -- |
| 05/31/2024 05/31/24 | For Sale | $522,000 | -- | $178 / Sq Ft |
Source: First Multiple Listing Service (FMLS)
Tax History Compared to Growth
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 | $1,494 | $177,240 | $25,751 | $151,489 |
| 2023 | $1,619 | $177,240 | $28,000 | $149,240 |
| 2022 | $412 | $12,600 | $12,600 | $0 |
| 2021 | $377 | $13,040 | $13,040 | $0 |
| 2020 | $278 | $9,000 | $9,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Spain
-
Holly Mahaffey
Seller Co-Listing Agent in 2025
Holly Mahaffey
Mark Spain
(678) 982-3995
113 Total Sales
-
Andi Jones
A
Buyer's Agent in 2025
Andi Jones
Keller Williams North Atlanta
(678) 887-3688
22 Total Sales
-
Kathleen Longspaugh
Seller's Agent in 2024
Kathleen Longspaugh
Crye-Leike
(813) 215-7797
67 Total Sales
-
Elizabeth Pope
Buyer's Agent in 2024
Elizabeth Pope
Mark Spain
(678) 270-8252
47 Total Sales
Map
Source: First Multiple Listing Service (FMLS)
MLS Number: 7609117
APN: 08-00065-00-201
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