5359 Point Dr S Gainesville, GA 30504
Estimated payment $12,448/month
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.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $384,900 | -- | |
| Foreclosure Deed | $760,747 | -- | |
| Deed | $760,700 | -- | |
| Deed | $500,000 | -- | |
| Deed | $629,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $503,200 | New Conventional |
Source: Georgia MLS
MLS Number: 10546112
APN: 08-00088-00-016
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