$2,400,000
SOLD DEC 20, 2024

5651 Old Wilkie Rd Gainesville, GA 30506

5 Beds
5.5 Baths
6,658 Sq Ft
4.56 Acres

Recently Sold

$360 Per Sq Ft

14% Below List Price

18 Days on Market

Highlights

  • Lake Front
  • Second Kitchen
  • RV Access or Parking
  • Covered dock with three or more slips
  • Lake On Lot
  • Separate his and hers bathrooms

About This Home

As of December 2024

Huge Price Drop! Bring back up offers to one of the very best values on Lake Lanier! Sprawling waterfront gated estate has everything you have been looking for: 3 COE deeded covered docks on very wide deep cove, 4.5 acres on 3 adjacent separately deeded private lots. Additional 5+ acres of COE property includes mow permit. Easy lake access on gentle topo and abundant shoreline. Big water views from custom 2015 brick ranch on full finished basement. Home and property is loaded with upgrades. Owners suite on main includes custom bath, sitting area and custom dressing room. Two beautifully appointed chef's kitchens with large granite islands, abundant custom cabinetry, and Thermador Appliances perfect for entertaining. Vaulted great room and terrace family room enjoy Buck Brand wood burning stoves. Plenty of additional space to park your toys or house your animals in the Steel Accessory Building (50x60') which stands at 26' tall and features (3) 16' insulated garage/boat doors, half bath, skylights, 250K BTU heater, 200AMP service, floor drains, and plenty of parking can house all of your projects, toys, and animals. Property includes: bored well, public water, four board fencing, gentle rolling pasture, steel gate with 100AMP service, 2 tankless water heaters, 1000G propane tank, and whole house generator plus V-C ZONING for plenty of options with NO HOA. Both levels of home include lifetime windows and French doors to multiple porches and patios. 3 covered independent and deeded docks are the crown jewel! Covered dock sizes: 32x32, 28x24, 28x24. Total of 3 lots: 1.81 acres, 1.95 acres, and .80 acres plus 5+/- acres of CORE property totals 10+/- acres to enjoy. Plenty of room for outdoor pool, sport court, barn, and additional houses for a personal compound or rental options. Located between Dawsonville and Gainesville with abundant shopping and retail. Too much to list!

Last Agent to Sell the Property

Gordon Waters

Engel & Völkers Atlanta License #285120 Listed on: 07/22/2024

Engel & Völkers Atlanta

Last Buyer's Agent

Susan Verlander

Marina Bay Properties, LLC. License #254041

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,829

Year Built

  • Built in 2015

Lot Details

  • 4.56 Acre Lot
  • Lot Dimensions are 462 x 136
  • Lake Front
  • Private Entrance
  • Wood Fence
  • Landscaped
  • Back and Front Yard

Parking

  • 3 Car Attached Garage
  • Parking Pad
  • Parking Accessed On Kitchen Level
  • Side Facing Garage
  • Driveway
  • RV Access or Parking

Home Design

  • 2-Story Property
  • Traditional Architecture
  • European Architecture
  • Composition Roof
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • Bookcases
  • Beamed Ceilings
  • Coffered Ceiling
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Double Pane Windows
  • Awning
  • Plantation Shutters
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room with Fireplace
  • Dining Room Seats More Than Twelve
  • Formal Dining Room
  • Home Office
  • Bonus Room
  • Workshop
  • Home Gym
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • White Kitchen Cabinets
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • Oversized primary bedroom
  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Dual Closets
  • Walk-In Closet
  • Separate his and hers bathrooms
  • In-Law or Guest Suite
  • Double Vanity
  • Separate Shower in Primary Bathroom
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on main level
  • 220 Volts In Laundry

Finished Basement

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

Outdoor Features

  • Covered dock with three or more slips
  • Deeded Dock Access
  • Pond
  • Lake On Lot
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Outbuilding
  • Rain Barrels or Cisterns
  • Front Porch

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Propane
  • 220 Volts in Garage
  • Power Generator
  • Tankless Water Heater
  • Septic Tank
  • Phone Available

Additional Features

  • Energy-Efficient Appliances
  • Pasture

Community Details

  • Lake Lanier Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10012 000057

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,829

Year Built

Built in 2015

Lot Details

0

Parking

3

Listing Details

  • Standard Status: Closed
  • Legal Description: SFR
  • Property Type: Residential
  • MLS Status: Closed
  • Property Sub Type: Single Family Residence
  • Architectural Style: European, Ranch, Traditional
  • Property Condition: Resale
  • Year Built: 2015
  • Levels Stories: Two
  • Above Grade Finished Sq Ft: 3329.00
  • Special Features: None

Property Details

  • Property: Residential Detached

Interior Features

  • Flooring: Hardwood, Stone
  • Fireplace Features: Family Room, Great Room, Wood Burning Stove
  • Number Of Fireplaces: 2
  • Other Equipment: Generator
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Range Hood, Refrigerator, Tankless Water Heater
  • Interior Amenities: Beamed Ceilings, Bookcases, Cathedral Ceiling(s), Coffered Ceiling(s), Double Vanity, Entrance Foyer, High Ceilings 9 ft Lower, High Ceilings 10 ft Main, His and Hers Closets, Tray Ceiling(s), Walk-In Closet(s)
  • Basement: Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Kitchen Features: Breakfast Bar, Cabinets White, Kitchen Island, Pantry, Second Kitchen, Stone Counters, View to Family Room
  • Common Walls: No Common Walls
  • Additional Rooms: Bonus Room, Exercise Room, Family Room, Great Room - 2 Story, Office, Workshop
  • Dining Room Features: Seats 12+, Separate Dining Room
  • Square Footage: 6658.00
  • Spa Features: None
  • Window Features: Double Pane Windows, Plantation Shutters
  • Below Grade Finished Sq Ft: 3329.00

Beds/Baths

  • Total Bedrooms: 5
  • Bedroom Features: In-Law Floorplan, Master on Main, Oversized Master
  • Lower Bedrooms: 2
  • Main Bedrooms: 3
  • Total Bathrooms: 6
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Lower Full Bathrooms: 2
  • Main Full Bathrooms: 3
  • Main Half Bathrooms: 1
  • Master Bathroom Features: Separate His/Hers, Separate Tub/Shower, Soaking Tub

Exterior Features

  • Other Structures: Garage(s), Outbuilding, RV/Boat Storage, Workshop
  • Construction Materials: Brick 4 Sides
  • Roof Type: Composition
  • Lake Name: Lanier
  • Fencing: Fenced, Wood
  • Patio And Porch Features: Deck, Front Porch, Patio
  • Exterior Features: Awning(s), Private Entry, Rain Barrel/Cistern(s), Storage
  • View: Lake, Water
  • Pool Private: No
  • Foundation: None

Garage/Parking

  • Carport or Garage: 3
  • Number of Garage Spaces: 3
  • Parking Features: Attached, Driveway, Garage, Garage Faces Side, Kitchen Level, Parking Pad, RV Access/Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Security: Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Propane, Zoned
  • Laundry Features: Laundry Room, Main Level
  • Utilities: Electricity Available, Phone Available, Water Available
  • Electric: 220 Volts in Garage, 220 Volts in Laundry

Condo/Co-op/Association

  • Subdivision Complex: Lake Lanier

Schools

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

Lot Info

  • Acres: 4.5600
  • Lot: x
  • Land/Lot: x
  • Section G M D: x
  • Deed Book: 870
  • Deed Page: 233
  • Plat Book: x
  • Plat Page: x
  • Lot Features: Back Yard, Front Yard, Lake On Lot, Landscaped, Pasture, Pond on Lot
  • Lot Dimensions: 462 x 136
  • Parcel Number: 10012 000057
  • Horse Amenities: Pasture
  • Land Lease: No
  • Property Attached Yn: No

Green Features

  • Efficiency: Appliances
  • Green Energy Generation: None

Tax Info

  • Taxes: 11829.00
  • Assessor Parcel Number: 10-00012-00-057
  • Close Date: 2024-12-20
  • Tax Year: 2023

Multi Family

  • Waterfront Features: Lake Front

MLS Schools

  • School Bus Route Elem: Yes
  • School Bus Route High: Yes
  • School Bus Route Middle: Yes
  • Elementary School: Lanier
  • High School: Chestatee
  • Middle School: Chestatee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2024
Closed on
Dec 20, 2024
Sold by
House Timothy John
Bought by
Ce 5651 Old Wilkie Road Llc
Seller's Agent
Gordon Waters
Engel & Völkers Atlanta
Buyer's Agent
Susan Verlander
Marina Bay Properties, LLC.
List Price
$2,800,000
Sold Price
$2,400,000
Premium/Discount to List
-$400,000
-14.29%
Views
290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-31.76%
Original Mortgage
$1,680,000
Outstanding Balance
$854,322
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$1,098,182

Purchase Details

Listed on
Jul 22, 2024
Closed on
Dec 11, 2024
Sold by
Glover Donald
Bought by
House Timothy John
Seller's Agent
Gordon Waters
Engel & Völkers Atlanta
Buyer's Agent
Susan Verlander
Marina Bay Properties, LLC.
List Price
$2,800,000
Sold Price
$2,400,000
Premium/Discount to List
-$400,000
-14.29%
Views
290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,680,000
Outstanding Balance
$854,322
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$1,098,182

Purchase Details

Closed on
Mar 30, 2018
Sold by
House Timothy J
Bought by
House Timothy John Liv Tru

Purchase Details

Closed on
May 11, 2015
Sold by
Glover Donald
Bought by
House Timothy J
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Quit Claim Deed -- --
Quit Claim Deed -- --
Trustee Deed -- --
Trustee Deed -- --
Warranty Deed $2,400,000 --
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed $450,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,680,000 New Conventional
Closed $1,680,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 For Sale $2,850,000 +18.8% $428 / Sq Ft
12/20/2024 12/20/24 Sold $2,400,000 -4.0% $360 / Sq Ft
09/18/2024 09/18/24 Price Changed $2,500,000 -3.8% $375 / Sq Ft
08/16/2024 08/16/24 Price Changed $2,600,000 -7.1% $391 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
07/22/2024 07/22/24 For Sale $2,800,000 -- $421 / Sq Ft
Source: First Multiple Listing Service (FMLS)

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 $9,332 $377,160 $54,160 $323,000
2023 $9,581 $371,520 $54,160 $317,360
2022 $8,450 $327,520 $54,160 $273,360
2021 $8,647 $329,000 $54,160 $274,840
2020 $8,690 $321,160 $54,160 $267,000
2019 $8,624 $315,880 $54,160 $261,720
2018 $8,690 $306,040 $50,640 $255,400
2017 $8,321 $296,080 $50,640 $245,440
2016 $1,346 $146,080 $50,640 $95,440
2015 $1,445 $52,760 $50,640 $2,120
2014 $1,445 $52,760 $50,640 $2,120
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2025

    Susan Verlander

    Southcreek Luxury Properties

    (404) 542-3211

    Susan Verlander
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jim Loftus

    Southcreek Luxury Properties

    (706) 203-7389

    Jim Loftus
    Section Image
  • Gordon Waters

    Seller's Agent in 2024

    Gordon Waters

    Engel & Völkers Atlanta

    (678) 779-2092

    54 Total Sales

    Gordon Waters
    Section Image
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Map

Source: First Multiple Listing Service (FMLS)

MLS Number: 7429569

First Multiple Listing Service (FMLS)

APN: 10-00012-00-057

Georgia Hall County Gainesville 30506

5651 Old Wilkie Rd, Gainesville, GA

This home is located at 5651 Old Wilkie Rd, Gainesville, GA 30506 and is currently priced at $2,400,000, approximately $360 per square foot. This property was built in 2015. 5651 Old Wilkie Rd is a home located in Hall County with nearby schools including Lanier Elementary School, Chestatee Middle School, and Chestatee High School.

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