Sold Price cut: $650,000 (1/31)
$2,850,000
4 beds · 4 baths · 2,479 sqft
389 Lincoln Drive, Gainesville, GA 30506
Overpriced
Priced about $2,341,900 (461%) above comparable homes. Estimated market value $508,100, based on 10 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Introducing Aqua Casa, a mid-century modern masterpiece that has never before been offered to the market. This ICONIC North Lake Lanier / Chattahoochee Country Club property offers a RARE opportunity for Year-Round Views of Lake Lanier and the lifestyle that lake life brings. Imagined by the owners and designed by William Martin, an esteemed apprentice of Frank Lloyd Wright,…
PoolBasementNo HOA
Listing remarks courtesy of Berkshire Hathaway HomeServices Georgia Properties · Sold by The Norton Agency.
· FMLS #7487813$19,487/mo est.
with $285,000 down · $2,850,000 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
4
Beds
4
Baths
2,479
Sqft
1959
Built
1.8 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,425/morange $2,250 – $2,6001.0% gross yield
Based on 12 similar rentals within 5 mi (8 recently leased).
4 bd · 3 ba · 1.8 mi away$5,900/mo4 bd · 2 ba · 2,100 sqft · 2.1 mi away · leased$2,900/mo3 bd · 2 ba · 1,674 sqft · 1.7 mi away · leased$1,690/mo3 bd · 4 ba · 2,854 sqft · 2.6 mi away · leased$3,200/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$20,318/mo
Principal & interest$16,637
Property taxes$2,850
Home insurance$831
Down payment$285,000 (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 value
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Schools
Enota Multiple Intelligences AcademyElementary
Gainesville EastMiddle
GainesvilleHigh
Location
43 for sale 5 pending 12 sold
Listed by
Berkshire Hathaway HomeServices Georgia Properties · Sold by The Norton Agency
Source: FMLS · #7487813
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