Sold
$2,995,000
6 beds · 10,200 sqft
6617 Garrett Road, Buford, GA 30518
Overpriced
Priced about $935,633 (45%) above comparable homes. Estimated market value $2,059,367, based on 3 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
This magnificent lake front estate was formerly owned by Frito Lay and Coca Cola. From the dual entry driveway to the private boat ramp, every aspect of this extraordinary home is at the top of Lake Lanier's ranks. Upon entrance, you are embraced by amazing architecture and a breathtaking view of the lake. The master bedroom has an extraordinary one of a kind walk-in closet…
PoolBasementGarageNo HOAWaterfront
Listing remarks courtesy of ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL · Sold by ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL.
· FMLS #5550188$20,478/mo est.
with $299,500 down · $2,995,000 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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Video walkthrough
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Home details
6
Beds
10,200
Sqft
2001
Built
3-car
Garage
None
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$12,000/morange $11,150 – $12,8504.8% gross yield
Based on 5 similar rentals within 5 mi (1 recently leased).
5 bd · 6 ba · 10,575 sqft · 3 mi away$12,500/mo7 bd · 8 ba · 9,346 sqft · 3.7 mi away$12,500/mo5 bd · 7 ba · 10,273 sqft · 4.1 mi away$12,000/mo5 bd · 7 ba · 9,820 sqft · 4.1 mi away · leased$11,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$21,352/mo
Principal & interest$17,483
Property taxes$2,995
Home insurance$874
Down payment$299,500 (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
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Schools
White Oak - GwinnettElementary
LanierMiddle
LanierHigh
Location
38 for sale 4 pending 12 sold
Listed by
ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL · Sold by ATLANTA FINE HOMES SOTHEBYS INTERNATIONAL
Source: FMLS · #5550188
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