$2,150,000
$100K PRICE DROP

5359 Point Dr S Gainesville, GA 30504

Estimated payment $12,448/month

Total Views 7,478
5 Beds
4.5 Baths
4,446 Sq Ft
$484 Price per Sq Ft

Highlights

  • 159 Feet of Waterfront
  • Lake View
  • Private Lot
  • 1 Boat Dock
  • Deck
  • Family Room with Fireplace

About This Home

Rare Southern Lake Lanier Estate in Prestigious Pointe South A true opportunity awaits in one of Lake Lanier's most coveted neighborhoods. This remarkable 2.46-acre corner estate in Pointe South offers not only one of the largest lots in the community, but also a second buildable lot and a rare chance to expand, or create a legacy property. Plus, the property comes with a DOCK permitted 32x32 slip dock, the largest allowed on Lake Lanier, providing unmatched space for lake toys, entertaining, and enjoying some of the lake's most scenic and navigable waters. (a Single-slip placeholder dock is currently in place. With 159+ feet of shoreline, the setting is ideal for sunset cruises, weekend gatherings, and easy access to lakeside dining. A gentle landscaped path to walk or ride in your side leads to the private dock, making every day at the lake effortless. This is one of the best areas of Lake Lanier with gorgeous water! The property's sprawling side yard opens endless possibilities, including the perfect site for a resort-style pool. Whether you envision a pool, or second custom home on the additional buildable lot, this estate is primed for expansion while offering privacy and convenience. The timeless four-sided European-style brick residence is designed for elegance and comfort. The main floor features a two-story great room with fireplace, formal dining and office, a spacious primary ensuite with direct deck access, and an open kitchen with breakfast, keeping room, laundry and powder rooms. Upstairs, three oversized bedrooms, two full baths, and a versatile large bonus room create flexibility for family or guests. The partially finished terrace level is already equipped with HVAC, plumbing, electrical, and framing-ready to be transformed into your vision. Ready for your design of a future second great room, game room, bedroom, office, and full bath with walk-out access to the covered patio and lake path. Situated just minutes from downtown Gainesville, I-985, and the shops and dining of Flowery Branch and Buford, this estate offers the perfect balance of luxury and convenience. This is more than a home, it's an opportunity to own one of Pointe South's premier lakefront estates with size, potential, and grandfathered dock rights that simply cannot be replicated. Schedule your private showing today and discover why this estate is truly one of a kind. *Please Note: Pool and the finished Terrace level photos are a virtual rendering to show an example of what could be done with these spaces.

Listing Agent

Sheila Davis

The Norton Agency License #244784 Listed on: 06/18/2025

The Norton Agency

Co-Listing Agent

Vicki Holland

The Norton Agency License #423944

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,832

Year Built

  • Built in 2001

Lot Details

  • 2.46 Acre Lot
  • 159 Feet of Waterfront
  • Lake Front
  • Private Lot
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $125 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • European Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 4,446 Sq Ft Home
  • 3-Story Property
  • Bookcases
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Factory Built Fireplace
  • Gas Log Fireplace
  • Double Pane Windows
  • Bay Window
  • Two Story Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Keeping Room
  • Lake Views
  • Pull Down Stairs to Attic
  • Laundry Room

Kitchen

  • Breakfast Room
  • Built-In Double Oven
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Bathtub Includes Tile Surround
  • Separate Shower

Unfinished Basement

  • Interior and Exterior Basement Entry
  • Finished Basement Bathroom
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Parking Accessed On Kitchen Level
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • 1 Boat Dock
  • Covered Dock
  • Deck

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • 220 Volts
  • Gas Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • $1,000 Initiation Fee
  • Association fees include ground maintenance, reserve fund
  • Pointe South Subdivision

Listing and Financial Details

  • Tax Lot 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,832

Year Built

Built in 2001

Lot Details

0

HOA Fees

$125 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • ArchitecturalStyle: Brick 4 Side, European, Traditional
  • Main Level Half Bathrooms: 1
  • Co List Office: NORT
  • Electric: 220 Volts
  • Levels: Three Or More
  • Lot Size Acres: 2.46
  • Other Sturctures: Covered Dock
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Dock Slips: 1
  • Total Finished Area2: 4446
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Water Heater, Microwave, Oven (Wall), Refrigerator, Stainless Steel Appliance(s)
  • Bedrooms: 5
  • Dining Room Features: Separate Room
  • Basement: Bath Finished, Bath/Stubbed, Concrete, Daylight, Exterior Entry, Interior Entry, Unfinished
  • Total Finished Sq Ft: 4446
  • Above Grade Finished Sq Ft: 4446
  • Interior Amenities: Bookcases, Double Vanity, High Ceilings, Master On Main Level, Pulldown Attic Stairs, Separate Shower, Tile Bath, Tray Ceiling(s), Two Story Foyer, Vaulted Ceiling(s), Walk-In Closet(s)
  • Feature Name: Lanier
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Factory Built, Family Room, Gas Log, Gas Starter
  • Flooring: Carpet, Hardwood
  • Kitchen Features: Breakfast Area, Breakfast Room, Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Bay Window(s), Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Main Level: 1

Exterior Features

  • Waterfront Frontage: 159
  • Common Walls: No Common Walls
  • Construction Materials: Brick
  • ExteriorFeatures: Dock, Other, Sprinkler System
  • Lot Features: Corner Lot, Level, Private
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Lake

Garage/Parking

  • Parking Features: Garage, Garage Door Opener, Kitchen Level, Side/Rear Entrance

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
  • Heating: Central, Natural Gas, Zoned
  • Laundry Features: Other
  • Security Features: Security System, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1500
  • Association: Yes
  • Community Features: Street Lights

Fee Information

  • Initiation Fee: 1000
  • Association Fee Includes: Maintenance Grounds, Other, Reserve Fund

Schools

  • Elementary School: Everwood
  • High School: West Hall
  • High School Bus: Yes
  • Middle School: West Hall
  • Middle School Bus: Yes

Lot Info

  • Land Lot: 88
  • Lot: 11

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2024
  • Tax Annual Amount: 12832

MLS Schools

  • Elementary Bus Line: Yes

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 $8,813 $351,960 $57,640 $294,320
2023 $8,051 $336,840 $57,640 $279,200
2022 $7,646 $292,440 $57,640 $234,800
2021 $6,535 $244,600 $22,800 $221,800
2020 $6,448 $234,400 $22,800 $211,600
2019 $5,772 $207,520 $22,800 $184,720
2018 $5,518 $191,845 $22,800 $169,045
2017 $5,458 $191,845 $22,800 $169,045
2016 $5,327 $191,845 $22,800 $169,045
2015 $5,363 $191,845 $22,800 $169,045
2014 $5,363 $191,845 $22,800 $169,045
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2025 10/10/25 Price Changed $2,150,000 -4.4% $484 / Sq Ft
06/18/2025 06/18/25 For Sale $2,250,000 -- $506 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Deed $384,900 --
Foreclosure Deed $760,747 --
Deed $760,700 --
Deed $500,000 --
Deed $629,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $503,200 New Conventional
Source: Public Records

Source: Georgia MLS

MLS Number: 10546112

Georgia MLS

APN: 08-00088-00-016