5129 Fourth Colony Dr Gainesville, GA 30504
Lake Lanier AreaEstimated payment $3,522/month
Highlights
- Additional Residence on Property
- Horse Property
- 2.6 Acre Lot
- Barn
- View of Trees or Woods
- Colonial Architecture
About This Home
## Unique Country Farmhouse Estate & Business Opportunity
**Address:** 5129 4th Colony Dr, Gainesville, GA 30504
**NO HOA!**
Welcome to a truly unique country farmhouse estate that offers the modern flexibility business owners, hobbyists, and entrepreneurs dream of. Set on a charming, wide-open lot close to the lake, this property delivers an unmatched blend of rustic character, professional utility, and absolute freedom—with no HOA restrictions to hold you back.
### Main Residence & Interior Highlights
The main house spans 2,125 sq. ft. and features 3 bedrooms and 3 bathrooms, complete with a classic country kitchen, a cozy keeping room, and 2 inviting fireplaces. Breathtaking, real large-plank wood floors—alongside rich mahogany and pine accents—flow throughout the home, adding incredible warmth, authenticity, and architectural elegance, all supported by an attached garage space for daily convenience.
### Exceptional Outbuildings & Business Potential
Designed for maximum versatility, the expansive grounds feature incredible separate structures tailored for a home business, creative studio, workshop, or ultimate entertaining space. A separate guest house/office structure is ideal for a private home-based business, client meetings, remote workspace, or independent guest quarters. The barn/wood shop provides a dream setup for woodworkers, contractors, hobbyists, or extra storage and agricultural needs. Additionally, a standout custom clubhouse bar building serves as an outfitted multi-use outbuilding for hosting gatherings, relaxing after a long day, or acting as a private recreational lounge.
### Exterior & Grounds
Encompassing 2.6 beautifully utilized acres, the property features level pasture spaces and fresh laid gravel driveways and parking areas. It is a gardeners' paradise boasting a massive, fertile garden area ready for your green thumb, homesteading projects, or farm-to-table growing. Perfectly positioned close to the lake, the estate combines peaceful country ambiance with quick access to local conveniences and recreation.
Whether you are looking for an inspiring live-work setup, space to run a business, or a private multi-structure homestead with incredible character and zero HOA oversight, this one-of-a-kind Gainesville property is a must-see.
Listing Agent
Keller Williams Realty Community Partners Brokerage Phone: 678-341-7400 Listed on: 07/30/2026
Co-Listing Agent
Keller Williams Realty Community Partners Brokerage Phone: 678-341-7400 License #386530
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,121
Year Built
- Built in 1971
Lot Details
- 2.6 Acre Lot
- Property fronts a county road
- Private Entrance
- Wood Fence
- Corner Lot
- Level Lot
- Wooded Lot
- Private Yard
- Garden
- Back and Front Yard
Parking
- 1 Car Attached Garage
- Parking Pad
- Parking Accessed On Kitchen Level
- Front Facing Garage
- Driveway Level
Property Views
- Woods
- Rural
Home Design
- Colonial Architecture
- Country Style Home
- Farmhouse Style Home
- Pillar, Post or Pier Foundation
- Block Foundation
- Frame Construction
- Shingle Roof
- Composition Roof
Interior Spaces
- 2,125 Sq Ft Home
- Crown Molding
- Beamed Ceilings
- Ceiling height of 9 feet on the main level
- Ceiling Fan
- Fireplace With Gas Starter
- Fireplace Features Masonry
- Plantation Shutters
- Entrance Foyer
- Living Room with Fireplace
- Dining Room
- Screened Porch
- Keeping Room with Fireplace
- 2 Fireplaces
- Wood Flooring
- Crawl Space
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Self-Cleaning Oven
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Solid Surface Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- Shower
Laundry
- Laundry Room
- Laundry on main level
- Laundry in Kitchen
Outdoor Features
- Horse Property
- Separate Outdoor Workshop
- Outdoor Storage
- Outbuilding
- Rain Gutters
Schools
- Everwood Elementary School
- Chestatee Middle School
- Chestatee High School
Utilities
- Central Air
- Heating Available
- 110 Volts
- Septic Tank
- High Speed Internet
- Cable TV Available
Additional Features
- Additional Residence on Property
- Barn
Community Details
- No Home Owners Association
- Fourth Colony Subdivision
Listing and Financial Details
- Tax Lot 61, 62
- Assessor Parcel Number 08061 000001D
Map
Home Values in the Area
Average Home Value in this Area
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 | $1,525 | $130,744 | $12,760 | $117,984 |
| 2024 | $3,283 | $128,904 | $12,760 | $116,144 |
| 2023 | $2,793 | $124,904 | $12,760 | $112,144 |
| 2022 | $2,838 | $106,424 | $12,760 | $93,664 |
| 2021 | $2,797 | $102,944 | $12,960 | $89,984 |
| 2020 | $2,742 | $98,024 | $12,960 | $85,064 |
| 2019 | $2,675 | $92,704 | $12,960 | $79,744 |
| 2018 | $2,417 | $83,184 | $12,960 | $70,224 |
| 2017 | $2,184 | $75,744 | $12,960 | $62,784 |
| 2016 | $2,125 | $75,448 | $12,960 | $62,488 |
| 2015 | $2,141 | $75,448 | $12,960 | $62,488 |
| 2014 | $2,141 | $75,448 | $12,960 | $62,488 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2026 07/30/26 | For Sale | $625,000 | +131.9% | $294 / Sq Ft | |
| 05/18/2018 05/18/18 | Sold | $269,500 | -2.0% | $127 / Sq Ft | View Prior Sale |
| 04/25/2018 04/25/18 | Pending | -- | -- | -- | |
| 04/20/2018 04/20/18 | For Sale | $275,000 | +52.8% | $129 / Sq Ft | |
| 01/10/2014 01/10/14 | Sold | $180,000 | -10.0% | $84 / Sq Ft | View Prior Sale |
| 11/17/2013 11/17/13 | Pending | -- | -- | -- | |
| 09/20/2011 09/20/11 | For Sale | $199,900 | -- | $93 / Sq Ft |
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 | $269,500 | -- | |
| Warranty Deed | $180,000 | -- | |
| Deed | $135,000 | -- | |
| Quit Claim Deed | -- | -- |
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 | $60,000 | Commercial | |
| Previous Owner | $162,000 | New Conventional |
Source: First Multiple Listing Service (FMLS)
MLS Number: 7812809
APN: 08-00061-00-001D
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