Sold Price cut: $20,099 (11/22)
$679,900
5 beds · 4 baths · 4,795 sqft
1167 E Lake Drive, Gainesville, GA 30506
Great deal
Priced about $335,123 (33%) below comparable homes. Estimated market value $1,015,023, based on 4 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
RELOCATION PRICE IMPROVEMENT! Family-Ready Lake Area Retreat with Style, Comfort & Smart Living!
This thoughtfully renovated Gainesville home blends modern design with everyday practicality—crafted for the way families live today. With 5 bedrooms (4 featuring private en-suite baths), this spacious layout easily accommodates multi-generational living, guests, or a dedicated…
PoolBasementGarageNo HOARenovated
Listing remarks courtesy of Southern Grandeur Real Estate Group, Inc. · Sold by Berkshire Hathaway HomeServices Georgia Properties.
· FMLS #7678447$4,649/mo est.
with $67,990 down · $679,900 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
4
Baths
4,795
Sqft
1985
Built
0.78 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$5,200/morange $4,825 – $5,5759.2% gross yield
Based on 6 similar rentals within 5 mi (3 recently leased).
4 bd · 3 ba · 2.2 mi away$5,900/mo5 bd · 4 ba · 2.9 mi away$4,200/mo5 bd · 5 ba · 2.9 mi away · leased$5,800/mo5 bd · 4 ba · 5,844 sqft · 3.7 mi away$6,500/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$4,847/mo
Principal & interest$3,969
Property taxes$680
Home insurance$198
Down payment$67,990 (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
Enota Multiple Intelligences AcademyElementary
Hall - OtherMiddle
GainesvilleHigh
Location
32 for sale 5 pending 12 sold
Listed by
Southern Grandeur Real Estate Group, Inc. · Sold by Berkshire Hathaway HomeServices Georgia Properties
Source: FMLS · #7678447
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