$140,000
$20K PRICE DROP

5825 Lighthouse Way Gainesville, GA 30506

Estimated payment $1,067/month

Total Views 9,030
0.49 Acre
$285,714 Price per Acre
21,344 Sq Ft Lot

Highlights

  • 9 Feet of Waterfront
  • Country Club
  • Gated Community
  • Boating
  • Fitness Center
  • Lake View

About This Lot

Take GA 400 North to exit 17, then turn right onto Hwy 306. After crossing Hwy 369, continue for 7 miles and turn right onto Hwy 53. Cross the big bridge and continue to Sardis Road, where you'll turn left. At the first light, turn left onto Chestatee, then right onto Cool Springs to enter the community.

This .49-acre estate lot offers an excellent location at the main entrance, beautifully shaded by tree canopies with sidewalks. The topography is ideal for a spacious terrace-level home, with morning sun in the backyard and evening sun in the front.

Experience luxurious lake living on the quiet north end of Lake Lanier, with 3.5 miles of serene shoreline. Marina Bay feels like a charming Nantucket retreat, complete with a private gated entry, a 280-slip marina, and tree-lined streets. Enjoy the impressive 14,000 square-foot clubhouse, a salt-water resort pool, a fitness center, lighted stone tennis courts, and a vibrant year-round social calendar filled with activities for all ages. Come see the beauty and lifestyle Marina Bay has to offer!

Listing Agent

Luz E Camargo

EXP Realty, LLC. License #409970 Listed on: 10/10/2024

EXP Realty, LLC.

Co-Listing Agent

Rossana Hernandez

EXP Realty, LLC. License #424221

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $540

Lot Details

  • 0.49 Acre Lot
  • 9 Feet of Waterfront
  • Corner Lot
  • Partially Wooded Lot

HOA Fees

  • $283 Monthly HOA Fees

Property Views

  • Lake Views

Schools

  • Sardis Elementary School
  • Chestatee Middle School
  • Chestatee High School

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 944
  • Assessor Parcel Number 10016 000124

Community Details

Overview

  • Marina Bay Subdivision
  • Community Lake

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Boating
  • RV or Boat Storage in Community
  • Country Club
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$540

Lot Details

0

HOA Fees

$283 per month

Listing Details

  • Standard Status: Active
  • Property Type: Land
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Current Classification: Undeveloped/Zoned Residential
  • Special Features: None

Property Details

  • Property: Land

Exterior Features

  • Waterfront Frontage: 9
  • Lake Name: Lanier
  • View: Lake
  • Pool Private: No

Utilities

  • Utilities: Cable Available, Electricity Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Barbecue, Boating, Clubhouse, Country Club, Fitness Center, Gated, Homeowners Assoc, Lake, Playground, Pool, RV/Boat Storage, Tennis Court(s)
  • Association Fee: 3400
  • Association Fee Frequency: Annually
  • Association: Yes
  • Subdivision Complex: Marina Bay

Schools

  • Elementary School: Sardis
  • Middle School: Chestatee
  • High School: Chestatee

Lot Info

  • Acres: 0.4900
  • Lot: 944
  • Possible Use: Residential
  • Current Zoning: res
  • Current Use: Residential
  • Lot Features: Corner Lot
  • Lot Dimensions: 21344
  • Parcel Number: 10016 000124
  • Price Acre Dollar: 285714.29
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 540.00
  • Assessor Parcel Number: 10-00016-00-124
  • Tax Year: 2023

MLS Schools

  • Elementary School: Sardis
  • High School: Chestatee
  • Middle School: Chestatee

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 $752 $27,200 $27,200 $0
2023 $556 $21,600 $21,600 $0
2022 $514 $20,000 $20,000 $0
2021 $346 $20,000 $20,000 $0
2020 $540 $20,000 $20,000 $0
2019 $217 $18,800 $18,800 $0
2018 $240 $8,520 $8,520 $0
2017 $237 $8,520 $8,520 $0
2016 $82 $3,005 $3,005 $0
2015 $102 $3,005 $3,005 $0
2014 $102 $3,720 $3,720 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2025 01/09/25 Price Changed $140,000 -12.5% --
10/10/2024 10/10/24 For Sale $160,000 +190.9% --
03/22/2024 03/22/24 Sold $55,000 0.0% --
12/10/2023 12/10/23 Price Changed $55,000 -15.4% --
10/20/2022 10/20/22 Price Changed $65,000 -5.8% --
07/06/2022 07/06/22 For Sale $69,000 +25.5% --
06/24/2022 06/24/22 Off Market $55,000 -- --
06/24/2021 06/24/21 For Sale $69,000 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $55,000 --
Warranty Deed $33,000 --
Warranty Deed $19,900 --
Warranty Deed $19,900 --
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7471442

First Multiple Listing Service (FMLS)

APN: 10-00016-00-124