$225,000

5954 Watermark Cove Gainesville, GA 30506

Estimated payment $1,498/month

Total Views 2,977
1.69 Acres
$133,136 Price per Acre
73,616 Sq Ft Lot

Highlights

  • Boat Dock
  • Single Slip
  • Fishing
  • Cartersville Primary School Rated A-
  • Deep Water Access
  • Gated Community

About This Lot

Have you been looking for a beautiful lot to build your dream home on Lake Lanier? This 1.69 acre lot in a gated subdivision may just be the one you've been looking for! Lot 9 offers a lot of street frontage and you'll have plenty of room for 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. 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! Please call for the gate code.

Listing Agent

Teresa Smith

Keller Williams Realty Atlanta Partners License #248187 Listed on: 10/27/2025

Keller Williams Realty Atlanta Partners

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $864

Lot Details

  • 1.69 Acre Lot
  • Property fronts a private road
  • Private Lot
  • Sloped Lot
  • Wooded Lot
  • Landscaped with Trees

HOA Fees

  • $242 Monthly HOA Fees

Schools

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

Utilities

  • Underground Utilities
  • Cable TV Available

Additional Features

  • Views of Woods
  • Property is near shops

Listing and Financial Details

  • Tax Lot 9
  • Assessor Parcel Number 10007 000092

Community Details

Overview

  • Watermark On Lake Lanier Subdivision
  • Community Lake

Recreation

  • Boat Dock
  • Boating
  • Powered Boats Allowed
  • Swim or tennis dues are required
  • Community Pool
  • Community Spa
  • Fishing
  • Deep Water Access
  • Party Deck
  • Waterfront Lights
  • Single Slip
  • Covered dock with one slips

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$864

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Standard Status: Active
  • Property Type: Land
  • MLS Status: Active
  • Property Sub Type: Single Family Residence
  • Current Classification: Developed/Zoned Residential
  • Restrictions Requirements: Archit Controls, Deed Restrictions
  • Special Features: None

Property Details

  • Property: Res Developed Lots

Exterior Features

  • Lake Name: Lanier
  • View: Trees/Woods
  • Pool Private: No

Utilities

  • Security: Security Gate
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Underground Utilities, Water Available

Condo/Co-op/Association

  • Community Features: Boating, Community Dock, Fishing, Gated, Homeowners Assoc, Lake, Near Shopping, Pool, Powered Boats Allowed, Spa/Hot Tub
  • Association Fee: 2900
  • Association Fee Frequency: Annually
  • Swim Tennis Fee Due: Required
  • Association: Yes
  • Subdivision Complex: Watermark on Lake Lanier

Lot Info

  • Acres: 1.6900
  • Lot: 9
  • Timber: Mixed
  • Current Zoning: res
  • Current Use: Residential
  • Lot Features: Private, Sloped
  • Lot Dimensions: x
  • Parcel Number: 10007 000092
  • Price Acre Dollar: 133136.09
  • Horse Amenities: None
  • Property Attached Yn: No

Tax Info

  • Taxes: 864.00
  • Tax Year: 2024

MLS Schools

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

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $1,106 $39,520 $39,520 $0
2024 $889 $30,400 $30,400 $0
2023 $602 $18,360 $18,360 $0
2022 $622 $18,360 $18,360 $0
2021 $633 $18,360 $18,360 $0
2020 $661 $18,360 $18,360 $0
2019 $695 $22,960 $22,960 $0
2018 $810 $22,960 $22,960 $0
2017 $798 $22,960 $22,960 $0
2016 $781 $22,960 $22,960 $0
2015 $964 $22,960 $22,960 $0
2014 $964 $29,840 $29,840 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2025 10/27/25 For Sale $225,000 +200.0% --
06/22/2023 06/22/23 Sold $75,000 -40.0% -- View Prior Sale
05/17/2023 05/17/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $125,000 -- --
Source: First Multiple Listing Service (FMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $75,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Source: First Multiple Listing Service (FMLS)

MLS Number: 7672412

First Multiple Listing Service (FMLS)

APN: 10-00007-00-092