$199,000
$26K PRICE DROP

5949 Watermark Cove Gainesville, GA 30506

Lake Lanier Area

Estimated payment $1,455/month

Total Views 16,041
2.63 Acres
$75,665 Price per Acre
114,563 Sq Ft Lot

Highlights

  • Community Boat Dock
  • Deep Water Access
  • Gated Community
  • Single Slip
  • Fishing
  • View of Trees or Woods

About This Lot

Owner financing available! Please call for details! Have you been looking for a beautiful lot to build your dream home on Lake Lanier? This 2.63 acre lot in a gated subdivision may just be the one you've been looking for! Lot 23 offers a lot of street frontage and you'll have plenty of room for a winding driveway, a private pool and tons of privacy. Although this lot doesn't have lake frontage, it is a short golf cart ride to the dock that is ALWAYS in deep water. This is only 1 of the few Lake Lanier subdivisions that INCLUDES a DEEDED boat slip in the beautiful, 24 slip community dock at NO ADDITIONAL charge. Watermark is a gated subdivision with only 18 lots. You'll enjoy the stone pavilion with a spa/hot tub overlooking the lake for all of the residents to enjoy that is GREAT for entertaining and cookouts! The private swimming pool and pool house for Watermark residents is located at the front of the subdivision, the 1st driveway on the right after the gate. Buy now and save marina fees, and build later. You can start enjoying lake life today! Minimum of 3500 square feet heated for new construction which can include terrace level square footage. $2900/year HOA fees plus $2000 capital contribution at closing. What are you waiting for? It is a great investment to own a lovely lot with a FREE boat slip! The seller will meet you at the lot to show you the building site with advance notice.

Listing Agent

Teresa Smith

Keller Williams Realty Atlanta Partners Brokerage Phone: 770-654-4173 License #248187 Listed on: 06/15/2026

Keller Williams Realty Atlanta Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,425

Lot Details

  • 2.63 Acre Lot
  • Property fronts a private road
  • Sloped Lot
  • Wooded Lot
  • Zoning described as Developed/Zoned Residential

HOA Fees

  • $242 Monthly HOA Fees

Property Views

  • Views of Woods

Schools

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

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 23
  • Assessor Parcel Number 10007 000106

Community Details

Overview

  • Watermark On Lake Lanier Subdivision
  • Community Lake

Recreation

  • Community Boat Dock
  • Powered Boats Allowed
  • Community Pool
  • Community Spa
  • Fishing
  • Deep Water Access
  • Party Deck
  • Single Slip
  • Covered dock with one slips

Additional Features

  • Community Barbecue Grill
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,425

Lot Details

2.63 Acres

HOA Fees

$242 per month

Listing Details

  • Standard Status: Active
  • Property Type: Land
  • Property Sub Type: Single Family Residence
  • Horses: No
  • LotSizeAcres: 2.63
  • Water Body Name: Lanier
  • Co List Office Mls Id: KWRS04
  • Subdivision Name: Watermark on Lake Lanier
  • Habitable Residence: No
  • Tax Parcel Letter: 10-00007-00-106
  • FMLS_MlsPropertyType: Res Developed Lots
  • FMLS_Dock: Covered/1 Slip, Deepwater Access, Lights, Party Deck, Single Slip
  • Special Features: None

Interior Features

  • Other Equipment: None

Exterior Features

  • Other Structures: None
  • Fencing: None
  • View: Trees/Woods
  • Pool Private: No
  • Home Warranty: No

Utilities

  • Security: Security Gate
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available
  • Heating Yn: No
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Community Features: Barbecue, Community Dock, Fishing, Gated, Homeowners Assoc, Lake, Pool, Powered Boats Allowed, Spa/Hot Tub, Street Lights
  • Association Fee: 2900
  • Association Fee Frequency: Annually
  • Association: Yes

Schools

  • Middle Or Junior School: Chestatee

Lot Info

  • Current Use: Residential
  • Lot Features: Sloped
  • Lot Dimensions: x
  • Parcel Number: 10007 000106
  • Horse Amenities: None
  • Property Attached Yn: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 114562.8
  • Additional Parcels: No
  • Zoning Description: Developed/Zoned Residential
  • Zoning: Res

Multi Family

  • Waterfront Features: None

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1425
  • Tax Lot: 23

MLS Schools

  • Elementary School: Sardis
  • High School: Chestatee

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $1,805 $68,880 $68,880 $0
2024 $1,333 $52,960 $52,960 $0
2023 $1,008 $34,800 $34,800 $0
2022 $1,044 $34,800 $34,800 $0
2021 $835 $26,080 $26,080 $0
2020 $870 $26,080 $26,080 $0
2019 $919 $32,640 $32,640 $0
2018 $1,082 $32,640 $32,640 $0
2017 $1,068 $32,640 $32,640 $0
2016 $1,044 $32,640 $32,640 $0
2015 $1,041 $32,640 $32,640 $0
2014 $1,041 $32,640 $32,640 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/13/2026 07/13/26 Price Changed $199,000 -11.6% --
06/15/2026 06/15/26 For Sale $225,000 +87.5% --
05/12/2023 05/12/23 Sold $120,000 -11.1% -- View Prior Sale
03/30/2023 03/30/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $135,000 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $120,000 --
Warranty Deed -- --
Deed $177,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $159,262 New Conventional
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7788660

First Multiple Listing Service (FMLS)

APN: 10-00007-00-106

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