Sold Price cut: $25,000 (11/6)
$175,000
2 beds · 1 baths
5557 Waterwood Drive, Gainesville, GA 30506
About this home
DEEPWATER LOT ON LAKE LANIER WITH COVERED DOUBLE-SLIP PARTY DOCK!
Discover the perfect lakeside getaway in Leisure Lake Village, a welcoming mobile home community on the beautiful northwest side of Lake Lanier. This property can accommodate a single-wide mobile home and offers an incredible opportunity to own deepwater lakefront property with your own covered, double-slip…
PoolWaterfront
Listing remarks courtesy of Atlanta Communities · Sold by Atlanta Communities.
· FMLS #7666346678-787-2407
$1,197/mo est.
with $17,500 down · $175,000 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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Sign in, then back your offer with a verified pre-approval — either a Veribas pre-approval or a lender letter we confirm.
In-person tour
As soon as today with a Veribas agent
Video walkthrough
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Home details
2
Beds
1
Baths
1968
Built
3,920 sqft
Lot
$60/month
HOA
Veribas Rental Valuation
If you rented it out · from nearby rentals
$1,750/morange $1,625 – $1,87512.0% gross yield
Based on 12 similar rentals within 5 mi (5 recently leased).
Home facts
Payment calculator
$1,308/mo
Principal & interest$1,022
Property taxes$175
Home insurance$51
HOA$60
Down payment$17,500 (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 salePrice cut
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Every list price is checked against our valuation model and local comps.
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A Veribas agent walks every showing — questions answered on the spot.
No surprises at closing
No junk fees — the numbers you agree to are the numbers you sign.
Schools
LanierElementary
ChestateeMiddle
ChestateeHigh
Location
17 for sale 3 pending 12 sold
Listed by
Atlanta Communities · Sold by Atlanta Communities
Source: FMLS · #7666346
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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.
