Listing Courtesy Of:
Embassy Partners, Inc., MICHAEL COLSON, First MLS
Local Realty Services Provided By:
Keller Williams Realty Atlanta Partners
Overview
What It'll Cost
Neighborhood
Similar Homes
$3,159,000
5993 Overby Road, Flowery Branch, GA 30542
4 Beds
5 Baths
5,000
sq ft
5
ac
Log In to Reveal Price
$3,159,000
5993 Overby Road, Flowery Branch, GA 30542
Estimation provided by Keller Williams Realty Inc.
4 Beds
5 Baths
5,000
sq ft
5
ac
Active
For Sale
Property Description
5 ACRE LAKE LANIER ESTATE! LOCATION!!New 32x32 party deck double slip dock. The only available property like this on Lake Lanier. The value is the 5 Acre lake front land with NO HOA. This property has nearly 600 ft. of road frontage and can be subdivided into numerous lots. It has approximately 360 ft. on the Corp property line and over 200 ft between docks on deep water. This private property is in a neighborhood of multimillion dollar homes. Sunset views from the dock and summer views of the lake from a 4-sided brick home with approximately 5000 sq. ft. with room to expand. This property is perfect for one who is looking for a lake property on the south end for a private compound to enjoy as is or develop more homes for your family, rentals or to sell. Build barns, have horses, additional garages/shops, pools, tennis courts, pickle ball courts, green house, gardens. Simply endless possibilities. Tiny homes are welcome in Hall County. Two separate portions of the property can be divided that would be lakefront and would meet the Corp requirements of applying for 2 more dock permits by signing up on the waiting list. The future value of this property may be enormous because lakefront land is running out; especially on the south end of the lake and 5 minutes from the interstate and major shopping areas. Large area to park your RV, boats, trailers, trucks or equipment. NO HOA! Approx 3500 sq. ft. on the main level. Oversized Master on main with 3 closets and wood burning fireplace. All seasons view of the lake from every window. Large bedrooms with their own private full baths and walk in closets. All interior doors are solid wood, with crown molding. Cozy family room with wood burning stone fireplace. Large separate dining room overlooking the lake that can seat 12. Large sunroom overlooking lake with 15 glass pane French doors to family room and double full glass exterior doors opening up to the main level deck. The main level deck connects the master suite to sunroom. Approx 450 sq. ft. bonus room with large walk-in closet and window. The terrace level has large decks and a patio. Appox. 250 sq. ft. covered front porch, large enough for sofa and chairs viewing a manicured private courtyard with no steps or stairs. Real solid 3/4 red oak hardwood floors throughout, (no Carpet) with tile in all 5 bathrooms. The driveway is approx 600 ft long which the home cannot to be seen from the road. In addition, the road is a dead-end road with little traffic and a cul-de-sac at the end. A quiet cove with no skiing, wakeboard boats or jet ski traffic at more than idle speed. This large 5 Acre track is nothing short of a private peaceful paradise. Parties/events? Park as many as 50 or more cars without using the street. The property address is Flowery Branch, GA., however it is not within the city limits therefore there are no city taxes only county. Investors, Builders , Developers or Corporate Housing: Huge potential future value is there for this gem of a large 5 Acre property. Need to park some money? With rental/investment possibilities a 1031 may be perfect for you. Again! No HOA: This is a major plus for those seeking flexibility, build a large mansion, barn dominium or build the minimum requirements per Hall County GA. The property is well-positioned for future appreciation, particularly given the increasing demand for lakefront land. It offers a rare combination of privacy, expansive space, and potential for further development. This is the only opportunity to acquire such a property with the above-mentioned aspects and elements. Although after viewing this property, one may want to keep it all intack as is and enjoy this beautiful wooded property, home, dock, lake and all it has to offer. Plus, it's a short boat ride to restaurants, parks and marinas on the lake. Shown by appointment only to qualified buyers. Buyer's Agents welcome.
Assessed Value is a combination of the land and additions.
2023
$4,882
(+9.52%)
$188,800
Land 55,240 +
Additions 133,560
2022
$4,457
(+3.88%)
$163,960
Land 55,240 +
Additions 108,720
2021
$4,291
(+0.11%)
$162,800
Land 55,240 +
Additions 107,560
2020
$4,286
(+1.73%)
$158,000
Land 55,240 +
Additions 102,760
2019
$4,213
(+13.2%)
$153,920
Land 55,240 +
Additions 98,680
2016
$3,722
$136,240
Land 46,800 +
Additions 89,440
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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