5535 Hidden Harbor DR

Gainesville, GA 30504

Attention all Lake Buyers, Builders and Investors - Price reduction and rare opportunity to purchase 2 acres on South Lake Lanier with a 5 bedroom 3 bathroom home and private dock in deep south lake waters. Because the property spans 2 acres, this may offer an opportunity to subdivide into two parcels (please note that subdivision is only a recommendation to maximize the value of the 2 acres. Subdividing the existing acreage and approval for a building permit would be the buyer's responsibility). Subdividing the property could facilitate the construction of a new lake home closer to the Army Corps line and the existing dock while using the original home as a residence during the building process. Upon completion, the original home could serve as a guest house, income-producing property or sold, separately, in the future. The original option is to renovate the current home, restore the tennis court, add a pool and/or possibly an accessory dwelling unit (pool house/cottage) and enjoy a fabulous 2 acre lake estate. Although there is an option to join, this property is NOT part of the HOA that includes the pool and tennis amenities. Located in the private community of Hidden Harbor, this one-owner home offers 2 roomy bedrooms on the main level with full bathroom; tongue and groove vaulted ceiling in great room; 2 stone fireplaces; large windows throughout; spacious kitchen with an abundance of cabinets; separate dining room; 2 sunrooms; 2 laundry rooms; private, upper level primary suite and a finished terrace level complete with kitchen, family room with fireplace, 2 bedrooms, full bathroom and garage with private entry. Enjoy the prime south lake location near Lake Lanier Islands, waterfront restaurants, marinas, shops, University of North Georgia, and easy access to downtown Atlanta and Hartsfield Airport. This is certainly an excellent, once in a lifetime, Lake Lanier investment opportunity! Don't miss out!

Listing courtesy of The Norton Agency



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Last checked: 2025-04-03 11:23 PM UTC