Sold Price cut: $120,000 (4/8)
$775,000
5 beds · 5 baths · 7,319 sqft
5517 Mainsail Way, Gainesville, GA 30504
Great deal
Priced about $764,379 (50%) below comparable homes. Estimated market value $1,539,379, based on 44 comparable homes in the metro.
Estimate from Veribas listing comps — a guide, not an appraisal.
About this home
Watch the sailboats go by from front porch or back deck of this custom built ranch with full finished basement in Lake Lanier's South Pointe community. A home designed for gatherings with room to spread out! Hard to find 5 bed/4.5 bath with spacious master and in-law suites both on main level. This home offers it all. Custom kitchen with 5 burner gas range, 2nd wall oven,…
PoolBasementGarage
Listing remarks courtesy of Keller Williams North Atlanta · Sold by BKG ATL, LLC.
· FMLS #6850228$5,299/mo est.
with $77,500 down · $775,000 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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Home details
5
Beds
5
Baths
7,319
Sqft
2007
Built
0.85 ac
Lot
Veribas Rental Valuation
If you rented it out · from nearby rentals
$7,550/morange $7,025 – $8,07511.7% gross yield
Based on 9 similar rentals within 2 mi (7 recently leased).
Home facts
Payment calculator
$5,588/mo
Principal & interest$4,524
Property taxes$775
Home insurance$226
HOA$63
Down payment$77,500 (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
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Schools
OakwoodElementary
West HallMiddle
West HallHigh
Location
22 for sale 8 pending 12 sold
Listed by
Keller Williams North Atlanta · Sold by BKG ATL, LLC
Source: FMLS · #6850228
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