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3627 Schofield Road
Gainesville, GA 30506
$1,374,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
4177
Property Description
Embrace the tranquility of lakeside living in this exquisite ranch-style home on a finished basement nestled along the shores of Lake Lanier. Situated on a sprawling 1.1-acre lot with 200 feet of prime lake frontage, this property offers a perfect blend of elegance, comfort, and recreational opportunities. The sought-after, and hard-to-find, gentle walk to the water and dock makes this a true gem! From its charming brick front and Hardiplank siding to the inviting front porch and custom fire pit, every detail exudes warmth and great memories on the lake. The impressive four garage spaces provide tons of room for vehicles and all your recreational toys, including an extra-large, tall garage for RV/boat storage. Step inside to discover a thoughtfully designed main level featuring engineered laminate flooring and a cozy gas fireplace (with a wood-burning option) in the family room, ideal for gatherings with loved ones. Formal Separate Dining Room and a Breakfast Room for Casual Dining. Laundry Room with Ample Storage and Built-In Cabinets & Access to Pull-Down Attic Stairs. The gourmet kitchen boasts granite countertops and stainless steel Whirlpool appliances, including an electric 4-burner self-cleaning range oven with a 5th warming burner. Double undermount stainless steel sink. Large Kitchen island with seating for three for quick dining or talking to the chef. Sliding doors open to a covered back porch overlooking the serene lake, offering a perfect morning coffee or evening relaxation spot. Additional decking space for grill & outdoor seating with access to the garage. Retreat to the luxurious owner's suite with a large walk-in closet. Enjoy the spa-like en suite bathroom with a jetted spa tub, tiled shower, frameless glass doors, and a bench seat. Tons of get-ready space with your double vanity featuring granite countertops, cabinets, and extra drawers for storage. Three additional bedrooms on the main floor with walk-in closets provide plenty of space for guests or family members, as well as a guest bath with granite countertops. Walk downstairs to the finished basement, where entertainment awaits with a family room featuring a gas fireplace (with a wood-burning insert), a game room, and a recreation space equipped with air hockey, ping pong, and skee ball. A home office/flex room offers versatility. Full Bathroom with Shower and Quartz- Countertop Sink for your convenience. Sliding doors lead to a covered patio for seamless indoor-outdoor living. Extra-large storage area with built-in shelving and double-access doors to outdoors from the storage area. This home has an amazing outdoor space to entertain and enjoy. Professionally landscaped and sodded yard with sprinkler system in the front and back. Peaceful paver walk to the Firepit Area for friends and family to enjoy. Walk out to the lake, using the elegant stairs, which are only a gentle slope to the shore of the lake. Enjoy the Covered, Enclosed, Permitted Dock with a Float Air Lift ready to keep your boat safe and out of the water. You will also find 2 Wave Runner Ports. Additional practical amenities include an Acorn Stairlift (that can be easily removed), a 20kw automatic generator (automatic turn-on after a 2-minute power outage), whole house humidifier, tankless propane hot water heater, 325-gallon varied underground propane tank, ring doorbell, and two HVAC systems for year-round comfort. With its covered, enclosed permitted dock, 4000-pound float airlift, and dandy dock wave runner ports, this property offers endless possibilities for waterfront enjoyment. Don't miss out on this exceptional opportunity to own your slice of paradise on Lake Lanier!
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential
Year Built
2016
MLS Number
10260780
Location
Address
3627 Schofield Road
City
Gainesville
State
GA
Zip Code
30506
County
HALL
Listing
Provider
Keller Williams Realty Atlanta Partners, original listing
Name
Keller Williams Realty Atlanta Partners
Phone
(678) 425-1988
Office Name
Keller Williams Realty Atl. Partners
Office Phone
(678) 425-1988
Agent Name
Simply Stephens Real Estate

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.