Sold
$2,750,000
4 beds · 7 baths · 6,366 sqft
2426 Island Drive, Gainesville, GA 30501
Overpriced
Priced about $1,411,768 (105%) above comparable homes. Estimated market value $1,338,232, based on 62 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Experience the pinnacle of lakefront living at this extraordinary Lake Lanier residence, where every detail has been thoughtfully designed to offer unparalleled luxury and comfort. Nestled in the heart of Gainesville at The Island, this coveted address boasts breathtaking sunrises and long-range open water views, creating an idyllic backdrop for daily life. Meticulously…
PoolBasementGarage
· FMLS #7444276$18,803/mo est.
with $275,000 down · $2,750,000 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.
Make an offer
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
Live from the home, on your schedule
Home details
4
Beds
7
Baths
6,366
Sqft
1984
Built
0.46 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$4,275/morange $3,975 – $4,5751.9% gross yield
Based on 7 similar rentals within 5 mi (2 recently leased).
5 bd · 5 ba · 0.6 mi away · leased$5,800/mo4 bd · 3 ba · 1.9 mi away$5,900/mo5 bd · 4 ba · 2.4 mi away$4,200/mo3 bd · 2 ba · 2.2 mi away$1,895/mo
Automated estimate — actual rent depends on condition, terms, and season. Not a guarantee of rental income.
Home facts
Payment calculator
$19,855/mo
Principal & interest$16,053
Property taxes$2,750
Home insurance$802
HOA$250
Down payment$275,000 (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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Every list price is checked against our valuation model and local comps.
Licensed agent on every tour
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
Enota Multiple Intelligences AcademyElementary
Gainesville EastMiddle
GainesvilleHigh
Location
39 for sale 2 pending 12 sold
Listed by
The Norton Agency · Sold by Keller Williams Lanier Partners
Source: FMLS · #7444276
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