$879,500

788 Sherwood Rd Gainesville, GA 30501

Estimated payment $4,682/month

Total Views 35,955
5 Beds
5 Baths
5,916 Sq Ft
$149 Price per Sq Ft

Highlights

  • Hot Property
  • Community Lake
  • Contemporary Architecture
  • Second Kitchen
  • Deck
  • Private Lot

About This Home

GORGEOUS RENOVATION! Live the lake life! This isn't just a home - it's a lifestyle upgrade. The seller is covering $5,000 in closing costs, making this one of Gainesville's smartest buys. Located just minutes from Lake Lanier, Olympic Park, and downtown Gainesville's dining, shopping, and entertainment, this sexy modern renovation blends high-end design with everyday comfort: Open concept living with statement fireplace and feature wall. Chef's kitchen with quartz counters, subway tile, glass-front cabinets, and premium stainless appliances (yes, even a French 4-door fridge!) Oversized primary suite with spa-inspired bath: marble-tiled shower, soaking tub, and custom walk-in closet. Finished basement with second kitchen and full bath = perfect for guests or rental potential Third-floor flex attic space for gym, studio, or playroom. Brand-new 2-car garage with driveway turnaround + extra storage. Outdoor living goals: 1-acre lot with screened patio, spacious deck, and private, fully privacy-fenced backyard ready for parties, pets, or peace and quiet. Walk to Wessell Park for pickleball, tennis, and more. Whether you're a first-time buyer or leveling up, this home delivers style, equity, and location - all in one. Come see why this one's built for your next chapter.

Listing Agent

Mike Cherwenka

Virtual Properties Realty.com License #417172 Listed on: 11/26/2025

Virtual Properties Realty.com

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $676

Year Built

  • Built in 1957 | Remodeled

Lot Details

  • 1.01 Acre Lot
  • Private Lot

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 2-Story Property
  • Tray Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Screened Porch
  • Wood Flooring
  • Laundry Room

Kitchen

  • Second Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Double Vanity
  • Soaking Tub

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Garage
  • Garage Door Opener

Location

  • Property is near schools
  • Property is near shops

Schools

  • Centennial Elementary School
  • Gainesville East Middle School
  • Gainesville High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • Deck

Listing and Financial Details

  • Tax Lot 47

Community Details

Overview

  • No Home Owners Association
  • Forest Hills Subdivision
  • Community Lake

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$676

Year Built

Built in 1957 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • ArchitecturalStyle: Contemporary
  • GreenEnergyEfficient: Insulation
  • Levels: Two
  • Lot Size Acres: 1.01
  • Property Sub-Type: Single Family Residence
  • Structure Type: House
  • Total Finished Area2: 5916
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Bedrooms: 5
  • Basement: Bath Finished, Daylight, Exterior Entry, Finished, Full
  • Below Grade Finished Sq Ft: 2294
  • Total Finished Sq Ft: 3622
  • Above Grade Finished Sq Ft: 3622
  • Interior Amenities: Double Vanity, Master On Main Level, Tray Ceiling(s), Walk-In Closet(s)
  • Feature Name: LANIER
  • Full Bathrooms: 5
  • Fireplace Features: Basement, Living Room
  • Flooring: Hardwood
  • Kitchen Features: Breakfast Bar, Kitchen Island, Second Kitchen
  • Window Features: Double Pane Windows

Beds/Baths

  • Lower Level Full Bathrooms: 1
  • Main Level Full Bathrooms: 3
  • Upper Level Full Bathrooms: 1
  • Bedroom Lower Level: 1
  • Bedroom Main Level: 2

Exterior Features

  • Common Walls: No Common Walls
  • Construction Materials: Brick, Other
  • Foundation Details: Block
  • Lot Features: Private
  • Patio And Porch Features: Deck, Screened
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Waterfront Features: No Dock Or Boathouse

Garage/Parking

  • Parking Features: Attached, Garage, Garage Door Opener
  • ParkingTotal: 2

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Laundry Features: Other
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Lake, Park, Playground, Walk To Schools, Walk To Shopping

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Centennial
  • High School: Gainesville
  • Middle School: Gainesville East

Lot Info

  • Lot: 47

Multi Family

  • Total Fireplaces: 2

Tax Info

  • Year: 2024
  • Tax Annual Amount: 676

Matterport 3D Tour

Floorplans

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 $2,044 $189,760 $105,000 $84,760
2024 $2,356 $179,760 $104,120 $75,640
2023 $2,186 $158,480 $83,120 $75,360
2022 $676 $145,360 $82,040 $63,320
2021 $677 $132,080 $65,600 $66,480
2020 $1,696 $126,200 $65,600 $60,600
2019 $1,752 $126,200 $65,600 $60,600
2018 $737 $151,440 $86,240 $65,200
2017 $810 $122,880 $57,480 $65,400
2016 $1,606 $122,880 $57,480 $65,400
2015 $1,074 $122,880 $57,480 $65,400
2014 $1,074 $145,720 $67,640 $78,080
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 For Rent $3,800 0.0% --
11/26/2025 11/26/25 For Sale $879,500 +62.9% $149 / Sq Ft
02/28/2025 02/28/25 Sold $540,000 -9.2% $161 / Sq Ft View Prior Sale
01/28/2025 01/28/25 Pending -- -- --
01/14/2025 01/14/25 For Sale $595,000 0.0% $178 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
11/11/2024 11/11/24 For Sale $595,000 -- $178 / Sq Ft
Source: Georgia MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $628,678 Mortgage Modification
Source: Public Records

About the Listing Agent

Mike Cherwenka
Mike Cherwenka

Virtual Properties Realty.com

(470) 260-9599

Section Image

In 1996, Mike Cherwenka started renovating and selling wholesale real estate in the Atlanta metro area. To date, he has flipped more than 2,150 homes.

In addition to renovating homes, Mike sells 2/3 of his inventory at wholesale prices to investors. Mike purchases massive amounts of distressed homes from banks, tax sales, probate, owners, and more due to his stellar reputation of closing quickly with cash.

Most Importantly, he has individuals and groups of investors who

View Mike's Profile

Mike's Other Listings

  • 788 Sherwood Rd, Gainesville, GA 30501

    $879,500

    • 5 Beds
    • 5 Baths
    • 5,916 Sq Ft
    • 788 Sherwood Rd
    • Gainesville, GA

    GORGEOUS RENOVATION! Live the lake life! This isn’t just a home — it’s a lifestyle upgrade. The seller is covering $5,000 in closing costs, making this one of Gainesville’s smartest buys. Located just minutes from Lake Lanier, Olympic Park, and downtown Gainesville’s dining, shopping, and entertainment, this sexy modern renovation blends high-end design with everyday comfort: Open concept living

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  • 1996 Briarwood Dr, Gainesville, GA 30501

    $489,500

    • 4 Beds
    • 3 Baths
    • 2,904 Sq Ft
    • 1996 Briarwood Dr
    • Gainesville, GA

    MOVE IN LAKE LANIER RICH! INSTANT $36,800 IN YOUR POCKET! Build wealth. Live the lake life. This isn't just a home - it's a smart move. Priced below market and appraised at $492K, you walk in with $37,600 in instant equity. Plus, the seller is offering $5,000 toward your rate buy-down, making this one of Gainesville's best buys. Located just 10 minutes from downtown Gainesville and minutes from

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  • 2432 Thompson Mill Rd, Gainesville, GA 30506

    $987,700

    • 5 Beds
    • 3.5 Baths
    • 6,683 Sq Ft
    • 2432 Thompson Mill Rd
    • Gainesville, GA

    MOVE IN LAKE LUXE! INSTANT $131,200 IN YOUR POCKET! Build wealth. Live poolside. This isn't just a home - it's a statement. Priced below market and appraised at $1.12M, you walk in with $132,300 in instant equity. Plus, the seller is offering $10,000 inclosing costs, making this one of Lake Lanier's most luxurious deals. Located minutes from Laurel Park, Lake Lanier, and downtown Gainesville,

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  • 432 Rock Meadow Dr, Stone Mountain, GA 30088

    $309,500

    • 4 Beds
    • 2.5 Baths
    • 2,086 Sq Ft
    • 432 Rock Meadow Dr
    • Stone Mountain, GA

    EVERYTHING NEW, GORGEOUS RENOVATION! Entryway welcomes you in to the living room, separate dining room, and family room with cozy fireplace. Enjoy the Chef's kitchen surrounded by white cabinets, granite countertops, and 4 piece stainless steel appliance package. Relax in your primary bedroom retreat featuring dual closets and an attached bathroom with double vanities. Outside, enjoy the covered

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  • 1853 Pinedale Place, Decatur, GA 30032

    $289,500

    • 3 Beds
    • 2 Baths
    • 1,365 Sq Ft
    • 1853 Pinedale Place
    • Decatur, GA

    GORGEOUS, MODERN RENOVATION! OPEN CONCEPT floor plan welcomes you into the spacious living/dining room combo with cozy fireplace. Enjoy the Chef's kitchen surrounded by white cabinets, breakfast bar seating, granite countertops, elegant marble backsplash, and stainless steel appliances. Relax in your primary bedroom retreat featuring a sitting area and walk-in closet. The ensuite primary bathroom

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    Section Image
  • 1443 Snapfinger Rd, Decatur, GA 30032

    $299,500

    • 3 Beds
    • 2 Baths
    • 1,372 Sq Ft
    • 1443 Snapfinger Rd
    • Decatur, GA

    GORGEOUS, MODERN RENOVATION! OPEN CONCEPT floor plan welcomes you into the spacious living room with a cozy fireplace. Enjoy the Chef's kitchen surrounded by white cabinets, breakfast bar seating, granite countertops, elegant marble backsplash, and stainless steel appliances. Through the French doors, discover the beautiful new deck and fenced backyard with storage shed, perfect for entertaining,

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  • 606 Church St NW, Atlanta, GA 30318

    $545,500 Pending

    • 3 Beds
    • 3.5 Baths
    • 3,177 Sq Ft
    • 606 Church St NW
    • Atlanta, GA

    MOVE IN HOUSE RICH! INSTANT $68,100 IN YOUR POCKET! Build Wealth. Love Where You Live. This isn’t just a home — it’s a power move. Priced below market and appraised at $615K, you walk in with $69,500 in instant equity. Plus, the builder is covering $7,500 in closing costs, making this one of Atlanta’s smartest buys. Located minutes from everything ATL — food, culture, green space, and nightlife —

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    Section Image
  • 784 Sherwood Road North W, Gainesville, GA 30501

    $50,000 Sold Aug 27, 2025

    • Land
    • 0.63 Acre Lot
    • 784 Sherwood Road North W
    • Gainesville, GA

    This exceptional lot awaiting your dream plans is perfect for a custom home or investment property. NO HOA, so no rental restrictions. City sewer available. This prime city lot is also only half a mile from Wessell Park, featuring pickleball, tennis & basketball courts, a playground, and a rentable pavilion. This lot is less than 10 minutes from vibrant downtown Gainesville Square, with many

    Mike Cherwenka Virtual Properties Realty.com

  • 798 Sherwood Road North W, Gainesville, GA 30501

    $118,800 Sold Aug 27, 2025

    • Land
    • 1.76 Acre Lot
    • 798 Sherwood Road North W
    • Gainesville, GA

    This spacious, 1.76 acre lot awaiting your dream plans is perfect for a custom home or investment property. NO HOA, so no rental restrictions. City sewer available. This prime city lot is also only half a mile from Wessell Park, featuring pickleball, tennis & basketball courts, a playground, and a rentable pavilion. This lot is less than 10 minutes from vibrant downtown Gainesville Square, with

    Mike Cherwenka Virtual Properties Realty.com

Source: Georgia MLS

MLS Number: 10650040

Georgia MLS

APN: 01-00113-04-009

Georgia Hall County Gainesville 30501

788 Sherwood Rd, Gainesville, GA

For Sale

Detached

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Georgia MLS The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of Georgia MLS. Real estate listings held by brokerage firms other than Redfin are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information deemed reliable but not guaranteed. Copyright 2025 Georgia MLS. All rights reserved.

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Mike Cherwenka
Mike Cherwenka
Listing Agent Section Image
Virtual Properties Realty.com
(470) 260-9599