$1,030,000
SOLD MAY 5, 2025

6372 Falcon Ln Gainesville, GA 30506

4 Beds
4.5 Baths
3,581 Sq Ft
0.37 Acres

Recently Sold

$288 Per Sq Ft

13% Below List Price

70 Days on Market

Highlights

  • Lake Front
  • Deep Water Access
  • Gated Community
  • Docks
  • Second Kitchen
  • Craftsman Architecture

About This Home

As of May 2025

Nestled within the prestigious gated community of Timberidge Estates, this custom-built executive residence offers an exclusive lakeside living experience on a secluded lake lot with a private deepwater dock featuring two expansive party decks on Lake Lanier. The property boasts a range of top-tier amenities including a clubhouse, a swimming pool, and courts for pickleball, tennis, and basketball, not to mention a community-owned dock and boat ramp. The main-level primary suite is a true retreat, complete with extensive walk-in closets and an ensuite bath featuring tiled floors, dual vanities, a double shower, a jacuzzi whirlpool tub, and direct deck access with stunning lake views. The family room is a highlight, with its vaulted ceilings, a large wall of windows, and a masonry fireplace, all combining to fill the space with natural light and offer panoramic views of Lake Lanier. The kitchen is a chefCOs dream, equipped with custom cabinetry, granite countertops, high-end stainless appliances, a central island with a breakfast bar, and a cozy breakfast nook that opens out to a spacious rear deck. The main floor also includes a convenient powder room and laundry facilities. Upstairs, you will find two generously sized secondary bedrooms, each with ample closet space and their own private ensuite bathrooms. The finished terrace level is designed for entertainment, featuring a second kitchen with a bar, a guest bedroom, a full bathroom, a large living area with another fireplace, a home theatre/media room, and walk-out access to a second rear deck. Additionally, there is a detached two-car garage offering plenty of extra storage space. This home is ideally located with easy access to local shopping, dining, and entertainment venues, making it not just a luxurious residence but a perfect sanctuary on Lake Lanier.

Last Agent to Sell the Property

YU DUAN

Virtual Properties Realty.com License #415827 Listed on: 02/24/2025

Virtual Properties Realty.com

Last Buyer's Agent

Sheri Winston

Virtual Properties Realty.Net License #264514

Virtual Properties Realty.Net

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,433

Year Built

  • Built in 2007

Lot Details

  • 0.37 Acre Lot
  • Lake Front
  • Private Lot
  • Sloped Lot

HOA Fees

  • $107 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Composition Roof
  • Block Exterior
  • Four Sided Brick Exterior Elevation

Interior Spaces

  • 3,581 Sq Ft Home
  • 2-Story Property
  • Roommate Plan
  • Rear Stairs
  • Tray Ceiling
  • Ceiling Fan
  • Fireplace Features Masonry
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Dining Room Seats More Than Twelve
  • Home Office
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Second Kitchen
  • Breakfast Area or Nook
  • Breakfast Bar
  • Walk-In Pantry
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • Double Vanity

Laundry

  • Laundry Room
  • Laundry in Hall

Finished Basement

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

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Deep Water Access
  • Docks
  • Deck

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • 220 Volts
  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

Overview

  • $1,500 Initiation Fee
  • Association fees include security, swimming, tennis
  • Timberidge Estates Subdivision
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,433

Year Built

Built in 2007

Lot Details

0

HOA Fees

$107 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2007
  • ArchitecturalStyle: Brick 4 Side, Craftsman
  • Main Level Half Bathrooms: 1
  • Electric: 220 Volts
  • Financing Type: Conventional
  • Levels: Two
  • Lot Size Acres: .37
  • Other Sturctures: Garage(s)
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 3581
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator
  • Bedrooms: 4
  • Dining Room Features: Seats 12+
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full, Interior Entry
  • Total Finished Sq Ft: 3581
  • Above Grade Finished Sq Ft: 3581
  • Interior Amenities: Double Vanity, In-Law Floorplan, Master On Main Level, Rear Stairs, Roommate Plan, Tray Ceiling(s), Walk-In Closet(s)
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Fireplace Features: Basement, Family Room, Masonry
  • Flooring: Carpet, Hardwood, Tile
  • Kitchen Features: Breakfast Area, Breakfast Bar, Kitchen Island, Second Kitchen, Solid Surface Counters, Walk-in Pantry
  • Window Features: Bay Window(s), Window Treatments
  • Price Per Square Foot: 332.309

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 1

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Block
  • ExteriorFeatures: Dock
  • Lot Features: Private, Sloped
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Composition
  • View: Lake
  • Waterfront Features: Deep Water Access

Garage/Parking

  • Parking Features: Detached, Garage, Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Laundry Features: In Hall
  • Security Features: Gated Community, Smoke Detector(s)
  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Annual Association Fee: 1285
  • Association: Yes
  • Community Features: Clubhouse, Gated, Lake, Pool, Street Lights, Tennis Court(s), Walk To Schools, Walk To Shopping

Fee Information

  • Initiation Fee: 1500
  • Association Fee Includes: Security, Swimming, Tennis

Schools

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

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2024
  • Tax Annual Amount: 8433

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
May 13, 2025
Sold by
Koong Linni Lee
Bought by
Crosby Lori and Crosby Matthew
Seller's Agent
YU DUAN
Virtual Properties Realty.com
Buyer's Agent
Sheri Winston
Virtual Properties Realty.Net
List Price
$1,190,000
Sold Price
$1,030,000
Premium/Discount to List
-$160,000
-13.45%
Views
76
Current Estimated Value
$1,060,723

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,723
Avg. Annual Appreciation
39.12%

Purchase Details

Closed on
Feb 21, 2002
Sold by
Norman B Gunnerson Trust
Bought by
Koong Linni L and Koong Fang H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1999
Sold by
Gunnerson Veronica
Bought by
Gunnerson Norman B Revocable Trust

Purchase Details

Closed on
Apr 28, 1995
Sold by
Matthews George Pamela
Bought by
Gunnerson Veronica Norman
Source: Public Records

Range of Values:

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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
Warranty Deed $1,030,000 --
Deed $130,000 --
Deed -- --
Deed $115,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $584,000 Stand Alone Second
Previous Owner $584,000 No Value Available
Previous Owner $67,800 Stand Alone Second
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $1,030,000 -13.4% $288 / Sq Ft
02/24/2025 02/24/25 For Sale $1,190,000 -- $332 / 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 $8,734 $351,000 $112,880 $238,120
2023 $8,908 $343,400 $112,880 $230,520
2022 $7,910 $304,600 $108,360 $196,240
2021 $7,979 $301,560 $108,360 $193,200
2020 $8,022 $294,400 $108,360 $186,040
2019 $7,963 $289,600 $108,360 $181,240
2018 $7,861 $276,880 $101,560 $175,320
2017 $6,869 $243,960 $63,280 $180,680
2016 $6,702 $210,174 $29,494 $180,680
2015 $5,742 $173,134 $29,494 $143,640
2014 $5,742 $173,134 $29,494 $143,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Georgia MLS

MLS Number: 10464767

Georgia MLS

APN: 10-00001-00-032