Sold Price cut: $149,000 (5/19)
$2,250,000
5 beds · 6 baths · 6,658 sqft
5651 Old Wilkie Road, Gainesville, GA 30506
Overpriced
Priced about $862,308 (62%) above comparable homes. Estimated market value $1,387,692, based on 71 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Positioned directly on the shores of LAKE LANIER with immediate water access and exceptional dock usability, this private and beautifully landscaped 1.5-acre estate delivers a rare opportunity to experience true luxury lakefront living in one of the lake’s most desirable and navigable shoreline corridors. Blending privacy, usability, and long-term value, the residence offers…
· FMLS #7732105404-252-4908
$15,384/mo est.
with $225,000 down · $2,250,000 list price*
Buyer services · Veribas Real Estate LLC — not the listing broker unless noted above
Connect with a lender · no credit check*Estimate — 30-yr fixed at 6.75% APR with taxes & insurance. Not a loan offer.
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Home details
5
Beds
6
Baths
6,658
Sqft
2015
Built
1.5 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$7,650/morange $7,125 – $8,1754.1% gross yield
Based on 5 similar rentals within 5 mi (1 recently leased).
4 bd · 5 ba · 5,990 sqft · 0.9 mi away$2,990/mo5 bd · 5 ba · 3,389 sqft · 3.4 mi away · leased$3,600/mo7 bd · 8 ba · 8,592 sqft · 3.2 mi away$11,000/mo3 bd · 3 ba · 4.5 mi away$2,100/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$16,040/mo
Principal & interest$13,134
Property taxes$2,250
Home insurance$656
Down payment$225,000 (10%)
Interest rate6.750%
Estimates only — taxes at 1.2%/yr and insurance at 0.35%/yr of price. Get exact terms from a lender via pre-qualification.
Value & price history
Estimated valueListed for salePrice cut
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Schools
LanierElementary
ChestateeMiddle
ChestateeHigh
Location
51 for sale 7 pending 12 sold
Listed by
Coldwell Banker Realty · Sold by Lake Homes Realty, LLC.
Source: FMLS · #7732105
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