Sold Price cut: $10,000 (1/13)
$389,000
4 beds · 2 baths · 2,179 sqft
8755 Covestone Drive, Gainesville, GA 30506
Good deal
Priced about $35,428 (8%) below comparable homes. Estimated market value $424,428, based on 12 comparable homes nearby.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Imagine strolling down to the lake right from your own backyard! Don’t let this incredible opportunity slip away to scoop up a rare treasure in a stunning Lake Lanier location. Nestled on over half an acre at the end of a tranquil cul-de-sac, this home boasts a fantastic layout featuring 3 bedrooms and 2 baths on the main level and a bedroom in the finished basement, newly…
Home details
4
Beds
2
Baths
2,179
Sqft
2005
Built
0.63 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$2,675/morange $2,500 – $2,8508.3% gross yield
Based on 12 similar rentals within 5 mi (5 recently leased).
Home facts
Payment calculator
$2,773/mo
Principal & interest$2,271
Property taxes$389
Home insurance$113
Down payment$38,900 (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
We stand behind every home
AI-verified pricing
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
ChestateeElementary
Little MillMiddle
North ForsythHigh
Location
29 for sale 4 pending 12 sold
Listed by
Hunter Rae Real Estate · Sold by Maximum One Premier Realtors
Source: FMLS · #7697727
More homes you might like
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here to review our DMCA policy and learn how to submit a takedown request. © 2026 First Multiple Listing Service, Inc.. All rights reserved. IDX information is refreshed every 30 minutes; data last updated Oct 4, 2026, 5:00 PM ET. Technical services for the display and support of FMLS content on this site are provided in-house by Veribas Real Estate LLC, 3480 Preston Ridge Rd, Suite 500, Alpharetta, GA 30005 · (833) 837-4227 · hello@veribas.com.
Homes for sale by city
(833) 837-4227
hello@veribas.com
© 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.
