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Frank Farkas

frank.farkas2@gmail.com +1(678) 442-1509

$1,199,000

Est. payment - /mo

0.58 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Active

Purchase Type For Sale

Subdivision Simpson Park

MLS Listing ID 7761615

Construction Status Resale

HOA Y/N No

Year Built 2019

Annual Tax Amount $12,133

Tax Year 2025

Lot Size 0.580 Acres

Acres 0.58

Property Sub-Type Other

Source First Multiple Listing Service

Property Description

Rare Lakefront Home or Investment Opportunity, Dual Homes on Nearly Flat Lot! Welcome to your dream lakefront retreat on beautiful Lake Lanier, where luxury, flexibility, and income potential come together on one exceptional property. This rare offering features two homes situated on an expansive, nearly flat lot with an impressive 285 feet of shoreline in a quiet deep-water cove—an uncommon find compared to the typical steep lake lots in the area. The main residence is a charming ranch-style lakehouse offering 3 bedrooms and 2 bathrooms, designed with an open and inviting layout that captures stunning lake views. Spacious upper and lower decks create the perfect setting for entertaining, relaxing, or simply enjoying the peaceful waterfront surroundings. Above the detached two-car garage sits a fully equipped 1 bedroom, 1 bathroom studio apartment complete with a full kitchen, walk-in closet, new HVAC system, and a private wrap-around deck overlooking the water. This space is ideal for guests, extended family, or as a separate rental unit. This property is move-in or rental ready at closing, with most furnishings and décor included, making it an effortless transition for the next owner. Located in Hall County, where short-term rentals are permitted, the possibilities are endless—live in one home and rent the other, lease both for maximum income, or create the ultimate private family compound. The home also has a proven track record as a successful vacation rental. Outdoors, the beautifully manicured lot offers easy access to the water with a gentle slope rarely found on Lake Lanier. The property currently features a single-slip dock with an attached jet ski port, and approval has already been secured through the U.S. Army Corps of Engineers for a potential dual-slip dock, giving buyers the option to expand. Enjoy the best of lake living with peaceful surroundings while remaining conveniently close to local marinas, restaurants, and attractions. Whether you're searching for a full-time residence, a vacation getaway, or a high-performing investment property, this unique lakefront estate delivers exceptional value and opportunity. You always have a great open view due to Core Engineers mowing permit. Lake views from all rooms and decks. Deep water dock even when lake levels are low.

Location

State GA

County Hall

Area Simpson Park

Lake Name Lanier

Interior

Heating Central

Cooling Ceiling Fan(s), Central Air

Window Features Double Pane Windows,Insulated Windows

Exterior

Parking Features Attached, Driveway, Garage

Fence None

Community Features Boating, Fishing, Lake, Near Schools, Near Shopping

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Water Available

Waterfront Description Lake Front,Waterfront

View Y/N Yes

View Lake, Trees/Woods, Water

Roof Type Composition

Accessibility None

Handicap Access None

Private Pool false

Building

Lot Description Rectangular Lot, Other

Story Two

Sewer Septic Tank

Water Public

Level or Stories Two

Structure Type Frame,Vinyl Siding

Construction Status Resale

Schools

Elementary Schools Sardis

Middle Schools Chestatee

High Schools Chestatee

Others

Senior Community no

Tax ID 10086 000039A

Special Circumstances None

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Listed by Keller Williams Realty Peachtree Rd.

Nearby School & Business

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Frank Farkas

+1(678) 442-1509

Managing Partner - Realtor License ID: 174175

3214 Simpson Park RD Gainesville, GA 30506

Frank Farkas

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

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