Sold
$1,575,000
4 beds · 5 baths · 5,713 sqft
4777 Destitute Way, Gainesville, GA 30506
Overpriced
Priced about $600,247 (62%) above comparable homes. Estimated market value $974,753, based on 4 comparable homes in the county.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Welcome to this rare stretch of north Lake Lanier shoreline, where the grass rolls gently to the water’s edge and the double-slip dock sits just steps from the back porch. Here, the water is deep and wide, and begging to be enjoyed. This classic, yet refreshed, brick residence is bathed in sunshine and effortless lakefront luxury. Wide water views greet you from nearly every…
PoolBasementGarageNo HOARenovatedWaterfront
Listing remarks courtesy of Keller Williams Lanier Partners · Sold by Keller Williams Lanier Partners.
· FMLS #7640095$10,769/mo est.
with $157,500 down · $1,575,000 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
5
Baths
5,713
Sqft
2005
Built
0.54 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$5,150/morange $4,800 – $5,5003.9% gross yield
Based on 6 similar rentals within 5 mi (2 recently leased).
5 bd · 5 ba · 2.1 mi away · leased$5,800/mo4 bd · 3 ba · 3.8 mi away$5,900/mo3 bd · 2 ba · 3.2 mi away$2,000/mo5 bd · 4 ba · 4.5 mi away$4,200/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$11,228/mo
Principal & interest$9,194
Property taxes$1,575
Home insurance$459
Down payment$157,500 (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
Estimated valueListed for salePending
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Schools
Mount VernonElementary
North HallMiddle
North HallHigh
Location
20 for sale 2 pending 12 sold
Listed by
Keller Williams Lanier Partners · Sold by Keller Williams Lanier Partners
Source: FMLS · #7640095
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© 2026 Veribas Real Estate LLC · (833) 837-4227 · Georgia Broker Lic. H-81905 · Qualifying Broker: Ahsan Charania, GREC #417366. Veribas Real Estate LLC is a licensed Georgia real estate brokerage. We are not a lender or mortgage loan originator; all financing is provided by independent NMLS-licensed lenders, and payment figures on this site are estimates only. Listing information is deemed reliable but not guaranteed and should be independently verified. We are committed to the federal Fair Housing Act and the Equal Credit Opportunity Act.
