$480,000
SOLD JUL 10, 2026

5086 Watchmans Cove Gainesville, GA 30504

Lake Lanier Area
3 Beds
2 Baths
2,131 Sq Ft
8,276 Sq Ft Lot

Sale Details

Date Sold: July 10, 2026

$225 Per Sq Ft

4% Below List Price

118 Days on Market

Highlights

  • Community Boat Dock
  • Open-Concept Dining Room
  • View of Trees or Woods
  • Deep Water Access
  • Gated Community
  • Craftsman Architecture

About This Home

As of July 2026

Price Improvement! Elegant Ranch Home in the sought after 55+ community of STEPHENS POINT. Enjoy Lake Lanier with the 14-slip covered community dock, pickleball or swimming with your new friends at this beautiful active adult neighborhood. Open floor plan with 3 bedrooms and 2 bathrooms. One bedroom can be an office or bonus room. LVP flooring, Chef's kitchen with a large island, granite countertops and a gas cooktop that vents to the outside. Walk-in pantry and stainless steel appliances. Interior pull out drawers were added in some cabinets for easy access to pots or other kitchen items. Kitchen overlooks the large family room and views of the private backyard from your window. Spacious primary suite with tray ceilings and natural light. Inviting bathroom with soaking tub and shower. Granite counter double vanity sinks. Huge Walk in closet that leads to the laundry room. This home is turn key. Lots of privacy in this backyard with a covered patio.
Irrigation has been added to this home for easy lawn care. Gated entry and close to restaurants, shopping and healthcare. Enjoy the amenities like the pool, the vibrant clubhouse atmosphere and pickleball courts. Easy walk down to the lake on a community path. Great neighborhood for a golf-cart.

Last Agent to Sell the Property

Denise Volante

First United Realty of Ga, Inc. Brokerage Phone: 770-650-2825 License #272213 Listed on: 02/14/2026

First United Realty of Ga, Inc.

Last Buyer's Agent

Ansley Pierce

Engel & Volkers Atlanta License #392345

Engel & Volkers Atlanta
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,759

Year Built

  • Built in 2021

Lot Details

  • 8,276 Sq Ft Lot
  • Private Entrance
  • Landscaped
  • Level Lot
  • Irrigation Equipment
  • Front and Back Yard Sprinklers
  • Private Yard
  • Back Yard

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • Secured Garage or Parking

Property Views

  • Woods
  • Neighborhood

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Stone Siding
  • HardiePlank Type

Interior Spaces

  • 2,131 Sq Ft Home
  • Crown Molding
  • Ceiling height of 9 feet on the main level
  • Ceiling Fan
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Window Treatments
  • Entrance Foyer
  • Family Room with Fireplace
  • Open-Concept Dining Room

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Walk-In Pantry
  • Electric Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 3 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Double Vanity
  • Soaking Tub
  • Bathtub With Separate Shower Stall

Laundry

  • Laundry in Mud Room
  • Laundry Room
  • Laundry on main level
  • Electric Dryer Hookup

Home Security

  • Security System Owned
  • Security Gate

Outdoor Features

  • Deep Water Access
  • Covered dock with three or more slips
  • Covered Dock
  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Everwood Elementary School
  • West Hall Middle School
  • West Hall High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • 110 Volts
  • Electric Water Heater
  • Phone Available

Additional Features

  • Accessible Bedroom
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 08065 000358

Community Details

Overview

  • $2,250 Initiation Fee
  • Stephens Point Subdivision
  • Community Lake

Recreation

  • Community Boat Dock
  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,759

Year Built

Built in 2021

Lot Details

8,276 Sq Ft Lot

HOA Fees

$245 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman, Ranch
  • Property Condition: Resale
  • Year Built: 2021
  • Accessibility Features: Accessible Bedroom
  • Horses: No
  • LotSizeAcres: 0.19
  • Water Body Name: Lanier
  • Co List Office Mls Id: FAIR01
  • Subdivision Name: Stephens Point
  • Tax Parcel Letter: 08-00065-00-358
  • FMLS_MlsPropertyType: Residential Detached
  • FMLS_InitiationFee: 2250
  • FMLS_Dock: Covered, Covered/3+ Slips, Deepwater Access, Dock
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Luxury Vinyl, Tile
  • Fireplace Features: Family Room, Insert
  • Other Equipment: Irrigation Equipment
  • Appliances: Dishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Range Hood, Refrigerator
  • Interior Amenities: Crown Molding, Double Vanity, Entrance Foyer, High Ceilings 9 ft Main, Walk-In Closet(s)
  • Basement: None
  • Common Walls: No Common Walls
  • Spa Features: None
  • Window Features: Double Pane Windows, Window Treatments
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • RoomBedroomFeatures: Master on Main, Oversized Master
  • RoomDiningRoomFeatures: Open Concept
  • RoomKitchenFeatures: Breakfast Bar, Cabinets White, Eat-in Kitchen, Kitchen Island, Pantry Walk-In, Stone Counters, View to Family Room
  • RoomMasterBathroomFeatures: Double Vanity, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: None
  • Construction Materials: HardiPlank Type, Stone
  • Fencing: None
  • Patio And Porch Features: Covered, Front Porch, Rear Porch
  • Exterior Features: Private Entrance, Private Yard, Rain Gutters
  • Pool Features: None
  • View: Neighborhood, Trees/Woods
  • Pool Private: No
  • Home Warranty: No
  • Foundation Details: Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Driveway, Garage, Garage Door Opener, Garage Faces Front

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Security: Secured Garage/Parking, Security Gate, Security System Owned
  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Mud Room
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Underground Utilities, Water Available
  • Electric: 110 Volts
  • Heating Yn: Yes
  • Electricity On Property: Yes

Condo/Co-op/Association

  • HOA Fee Includes: Maintenance Grounds, Swim, Tennis, Trash
  • Community Features: Clubhouse, Community Dock, Curbs, Gated, Lake, Near Shopping, Pickleball, Pool, Sidewalks, Tennis Court(s)
  • Association Fee: 735
  • Association Fee Frequency: Quarterly
  • Association: Yes

Schools

  • Middle Or Junior School: West Hall

Green Features

  • Efficiency: None
  • Green Energy Generation: None

Lot Info

  • Lot Features: Back Yard, Landscaped, Level, Private, Sprinklers In Front, Sprinklers In Rear
  • Lot Dimensions: x0
  • Parcel Number: 08065 000358
  • Horse Amenities: None
  • Land Lease: No
  • Property Attached Yn: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8276.4
  • Land Lease Expiration Date: 2026-09-30
  • Additional Parcels: No

Multi Family

  • Waterfront Features: None

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4759

MLS Schools

  • Elementary School: Everwood
  • High School: West Hall

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 24, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,940
Outstanding Balance
$311,671
Interest Rate
3.14%
Mortgage Type
New Conventional
Estimated Equity
$169,829
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $412,940 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $347,940 New Conventional
Closed $347,940 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/10/2026 07/10/26 Sold $480,000 0.0% $225 / Sq Ft
06/12/2026 06/12/26 Pending -- -- --
04/30/2026 04/30/26 Price Changed $480,000 -2.0% $225 / Sq Ft
03/31/2026 03/31/26 Price Changed $489,900 -2.0% $230 / Sq Ft
02/14/2026 02/14/26 For Sale $499,900 -- $235 / Sq Ft
Source: First Multiple Listing Service (FMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,650 $193,000 $31,000 $162,000
2024 $4,817 $191,720 $30,000 $161,720
2023 $4,491 $175,400 $28,000 $147,400
2022 $4,006 $149,400 $28,000 $121,400
2021 $377 $13,040 $13,040 $0
2020 $278 $9,000 $9,000 $0
Source: Public Records

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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7719295

First Multiple Listing Service (FMLS)

APN: 08-00065-00-358

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