$549,000
UNDER CONTRACT

5038 Watchmans Cove Gainesville, GA 30504

Estimated payment $3,221/month

Total Views 524
3 Beds
3 Baths
2,937 Sq Ft
$187 Price per Sq Ft

Highlights

  • Open-Concept Dining Room
  • Clubhouse
  • Oversized primary bedroom
  • View of Trees or Woods
  • Vaulted Ceiling
  • 2-Story Property

About This Home

Channel 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!

Listing Agent

Mark Spain

Mark Spain Real Estate License #178501 Listed on: 07/08/2025

Mark Spain Real Estate

Co-Listing Agent

Holly Mahaffey

Mark Spain Real Estate License #391201

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,534

Year Built

Built in 2022 | Remodeled

Lot Details

0

HOA Fees

$61 per month

Parking

2

Listing Details

  • Standard Status: Active Under Contract
  • Property Type: Residential
  • MLS Status: Active Under Contract
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Assessment Fee Contemplated: Yes
  • Year Built: 2022
  • Accessibility Features: Accessible Bedroom, Accessible Entrance, Accessible Full Bath, Accessible Kitchen, Accessible Kitchen Appliances
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 2937.00
  • Special Features: UnderContract

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Fireplace Features: Family Room, Gas Log, Gas Starter
  • Number Of Fireplaces: 1
  • Appliances: Dishwasher, Gas Cooktop, Gas Oven, Gas Range, Microwave, Refrigerator
  • Interior Amenities: Crown Molding, Double Vanity, High Ceilings 10 ft Main, High Ceilings 10 ft Upper, High Speed Internet, Vaulted Ceiling(s), Walk-In Closet(s)
  • Kitchen Features: Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Solid Surface Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Attic, Bonus Room, Family Room, Kitchen, Laundry, Loft, Master Bathroom, Master Bedroom, Office
  • Dining Room Features: Open Concept
  • Square Footage: 2937.00
  • Spa Features: None
  • Window Features: Double Pane Windows

Beds/Baths

  • Total Bedrooms: 3
  • Bedroom Features: Master on Main, Oversized Master
  • Main Bedrooms: 2
  • Total Bathrooms: 3
  • Total Full Baths: 3
  • Main Full Bathrooms: 2
  • Master Bathroom Features: Double Vanity, Shower Only

Exterior Features

  • Construction Materials: HardiPlank Type
  • Roof Type: Shingle
  • Patio And Porch Features: Covered, Patio
  • Exterior Features: Private Entry, Private Yard
  • View: Rural, Trees/Woods
  • Pool Private: No
  • Foundation: Slab

Garage/Parking

  • Carport or Garage: 2
  • Number of Garage Spaces: 2
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Security Lights, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: In Hall, Main Level
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Electric: 110 Volts, 220 Volts

Condo/Co-op/Association

  • HOA Fee Includes: Insurance, Maintenance Grounds, Reserve Fund, Swim, Tennis, Trash
  • HOA Rent Restrictions: Yes
  • Community Features: Clubhouse, Homeowners Assoc, Near Shopping, Pickleball, Pool, Sidewalks, Street Lights, Tennis Court(s)
  • Association Fee: 735
  • Association Fee Frequency: Annually
  • Association: Yes
  • Hoa Contact Phone: 770-904-5270
  • Home Warranty: Yes
  • Management Phone: 770-904-5270
  • Subdivision Complex: Stephens Point

Association/Amenities

  • Management Company: Atlanta Community Services

Schools

  • Elementary School: Oakwood
  • Middle School: West Hall
  • High School: West Hall

Lot Info

  • Acres: 0.2400
  • Deed Book: 9511
  • Deed Page: 75
  • Lot Features: Back Yard, Landscaped, Level
  • Lot Dimensions: 133X130X29X130
  • Parcel Number: 08065 000201
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Green Energy Generation: None

Rental Info

  • Initiation Fee: 2205

Tax Info

  • Taxes: 1534.00
  • Assessor Parcel Number: 08-00065-00-201
  • Tax Year: 2024

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Oakwood
  • High School: West Hall
  • Middle School: West 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 $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

Property History

Date Event Price Change Sq Ft Price
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)

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

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Source: First Multiple Listing Service (FMLS)

MLS Number: 7609117

First Multiple Listing Service (FMLS)

APN: 08-00065-00-201