Information You MUST be pre-qualified before buying a Home.
Get pre-qualified by filling out our easy, 3 step form!
5651 Old Wilkie Road
Gainesville, GA 30506
$3,250,000
Conventional
Property
Bedroom
5
Bathroom
6
Property Type
Conventional
Square ft
6658
Property Description
Rare opportunity: 4.5+/- acres on 3 adjacent private lots with 3 COE deeded covered docks on Lake Lanier. OPEN WATER views with gentle rolling topo plus additional 3+ acres of COE property with mow permit. Entertainers dream house and setting includes: Custom brick California ranch on full finished basement, 50'x60' oversized outbuilding, pasture, gated private drive and over 500'+/- linear shoreline. This property is loaded with custom features inside and out. 5 Bed/6 Bath home enjoys two full kitchens: Main level includes 4" oak hardwoods throughout. Kitchen has exotic granite, Thermador appliances, 6 burner with griddle oven, dual exhaust hood, custom maple cabinets, coffered ceiling, farmhouse sink and oversized island. Deck with awning porch area to enjoy cool views of Lanier. The primary bedroom includes sitting room overlooking pasture and lake, tray ceiling and private access to covered porch overlooking Lanier. Primary bath includes footed soaking tub, exotic granite counters, oversized walk in shower and elegant dressing room with custom built ins. The great room warms up with Buck brand wood burning stove at 74K BTU capacity, full stone fireplace, hand-hewn mantle. Terrace includes 2nd full kitchen with oversized granite island, (2) bedrooms, (2) baths, safe room, wood burning stove (24K BTU capacity) and multiple spacious rooms to accommodate your lifestyle. Plenty of additional space to park your toys in the Steel Accessory Building which stands at 26' tall and features (3) 16' insulated garage/boat doors, half bath, skylights, 250K BTU heater, 200AMP service, floor drains, and plenty of parking. Property includes: private 45ft bored well, public water, septic, four board fencing, steel gate with 100AMP service, 2 tankless water heaters, 1000G propane tank, and whole house generator plus V-C ZONING for plenty of options with NO HOA. Both levels of home include lifetime windows and French doors to multiple porches and patios. 3 covered independent and deeded docks are the crown jewel! Covered Dock sizes: 32x32, 28x24, 28x24. Total of 3 lots: 1.81 acres, 1.95 acres, .80 acres plus 3 acres of core totals 7+/- acres to enjoy. Plenty of room for outdoor pool, sport courts and barn. Simply too much to list!
Property Information
Lot Size
4 acre(s) square ft
Property Type
Residential
Year Built
2015
MLS Number
10260847
Location
Address
5651 Old Wilkie Road
City
Gainesville
State
GA
Zip Code
30506
County
HALL
Listing
Provider
Name
Compass
Phone
Office Name
Compass
Office Phone
(404) 668-6621
Agent Name
Gordon Waters

Local Real Estate Expert

BH
Birdie Hill
Keller Williams Realty Atlanta Partners
Call Today!: (630) 340-1717

USHUD.com on the Go!

Foreclosure Mobile App
Ushud Foreclosure iPhone App
Ushud Foreclosure Android App

HUD Foreclosures
Free Foreclosure Listings
Foreclosure Listings Increasing

HUD Foreclosures

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.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

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.