$1,100,000
SOLD MAR 21, 2025

5525 Castaway Place Gainesville, GA 30506

3 Beds
2.5 Baths
2,670 Sq Ft
2.09 Acres

Recently Sold

$412 Per Sq Ft

2% Below List Price

171 Days on Market

Highlights

  • Covered Dock
  • Gated Community
  • Dining Room Seats More Than Twelve
  • New Construction
  • Community Lake
  • Deck

About This Home

As of March 2025

Don't miss out on the last two remaining homes in this lovely gated community on Lake Lanier! Lot 40 features the Arbor plan on an unfinished basement. This is a popular ranch plan with a large family room, gourmet kitchen, keeping room, two guest bedroooms, a screened back porch with a fireplace, 3 garages all on over two acres! Upgrades include hardwoods throughout, tankless hot water heater, 48" Zline dual fuel range, quartz countertops in the kitchen and master bath, additional electrical, upgraded lighting allowance, freestanding tub in master bath, 8' interior doors, 4 bedroom septic, and so much more! Purchase price includes slip in the community dock! Many pictures are of the same floor plan but a different build.

Last Agent to Sell the Property

Tamara Stout

Century 21 Results License #313946 Listed on: 09/13/2024

Century 21 Results

Last Buyer's Agent

Holly Norman

RE/MAX Center License #264030

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,956

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 2.09 Acre Lot
  • Private Lot

HOA Fees

  • $75 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Concrete Siding

Interior Spaces

  • 2,670 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Screened Porch
  • Keeping Room

Kitchen

  • Double Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Low Flow Plumbing Fixtures

Laundry

  • Laundry Room
  • Laundry in Hall

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Stubbed For A Bathroom
  • Natural lighting in basement

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 3 Car Garage
  • Side or Rear Entrance to Parking
  • Garage Door Opener

Outdoor Features

  • Covered Dock
  • Deck

Location

  • Property is near shops

Schools

  • Lanier Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

Overview

  • $1,200 Initiation Fee
  • Chestatee Cove Subdivision
  • Community Lake

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,956

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2023
  • Main Level Half Bathrooms: 1
  • Financing Type: Cash
  • Levels: Two
  • Lot Size Acres: 2.09
  • Other Sturctures: Covered Dock, Other
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 2670
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Double Oven, Microwave, Tankless Water Heater
  • Bedrooms: 3
  • Dining Room Features: Seats 12+, Separate Room
  • Basement: Bath/Stubbed, Daylight, Exterior Entry, Full, Interior Entry, Unfinished
  • Total Finished Sq Ft: 2670
  • Above Grade Finished Sq Ft: 2670
  • Interior Amenities: Double Vanity, Master On Main Level, Walk-In Closet(s)
  • Feature Name: LANIER
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Fireplace Features: Family Room, Gas Starter
  • Flooring: Hardwood, Tile
  • Kitchen Features: Kitchen Island, Pantry, Solid Surface Counters
  • Window Features: Double Pane Windows
  • Price Per Square Foot: 411.985

Beds/Baths

  • Main Level Full Bathrooms: 2
  • Bedroom Main Level: 3

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick, Concrete
  • ExteriorFeatures: Dock
  • Lot Features: Private
  • Patio And Porch Features: Deck, Screened
  • Property Condition: New Construction
  • Roof: Composition

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener, Side/Rear Entrance
  • ParkingTotal: 3

Utilities

  • Cooling: Central Air, Zoned
  • Heating: Central, Natural Gas
  • Laundry Features: In Hall
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 900
  • Association: Yes
  • Community Features: Gated, Lake, Sidewalks, Walk To Shopping

Fee Information

  • Initiation Fee: 1200
  • Association Fee Includes: Other

Schools

  • Elementary School: Lanier
  • High School: Chestatee
  • Middle School: Chestatee
  • Elementary School: Lanier
  • Middle School: Chestatee
  • High School: Chestatee

Green Features

  • GreenWaterConservation: Low-Flow Fixtures

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2023
  • Tax Annual Amount: 1956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 14, 2024
Sold by
Chestatee Cove Partners Llc
Bought by
Lowe Properties Llc

Purchase Details

Closed on
Mar 19, 2015
Sold by
Manor Real Estate Holdings Ll
Bought by
Chestatee Cove Partners Llc

Purchase Details

Closed on
Mar 30, 2012
Sold by
First Citizens Bank And Tr
Bought by
Manor Real Estate Holdings Llc

Purchase Details

Closed on
Dec 31, 2007
Sold by
Ellison Heritage Inc
Bought by
Chestatee Cove Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 --
Deed $51,900 --
Limited Warranty Deed $920,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $1,100,000 -2.2% $412 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
09/13/2024 09/13/24 For Sale $1,125,000 -- $421 / Sq Ft
Source: Georgia MLS

Tax History Compared to Growth

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 $2,367 $92,160 $90,160 $2,000
2023 $2,036 $75,520 $75,520 $0
2022 $1,150 $41,240 $41,240 $0
2021 $1,172 $41,240 $41,240 $0
2020 $1,205 $41,240 $41,240 $0
2019 $1,215 $41,240 $41,240 $0
2018 $986 $50,840 $50,840 $0
2017 $977 $31,760 $31,760 $0
2016 $656 $22,800 $22,800 $0
2015 $679 $6,914 $6,914 $0
2014 $679 $22,800 $22,800 $0
Source: Public Records

Agents Affiliated with this Home

  • Tamara Stout

    Seller's Agent in 2025

    Tamara Stout

    Century 21 Results

    (678) 360-2720

    63 Total Sales

    Tamara Stout
    Section Image
  • Holly Norman

    Buyer's Agent in 2025

    Holly Norman

    RE/MAX

    (678) 820-4454

    188 Total Sales

    Holly Norman
    Section Image
See All Agents

Map

Source: Georgia MLS

MLS Number: 10377806

Georgia MLS

APN: 11-00134-00-109

Georgia Hall County Gainesville 30506

5525 Castaway Place, Gainesville, GA

This home is located at 5525 Castaway Place, Gainesville, GA 30506 and is currently priced at $1,100,000, approximately $411 per square foot. This property was built in 2023. 5525 Castaway Place is a home located in Hall County with nearby schools including Lanier Elementary School, Chestatee Middle School, and Chestatee High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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