A common question that arises frequently in our Lake Lanier discussions is the question of how the real estate market is performing on Lake Lanier. This, in turn, begs the question of how many homes are for sale and what the price range is for those homes. Today, our searches reveal 316 homes for sale. Now, that does not include mobile or modular or townhomes and condos. The follow-up to this, of course, is the question of what's under contract? That would look something like this: Lake Lanier Homes Under Contract
Now obviously, caveats and stats and data change. And our criteria for these searches are unique. But if you have questions about what's selling, simply give us a call and we'll be happy to discuss the market!
Do you own a Lake Lanier getaway, weekender. Sometimes we gauge whether we'll be at the lake home base on the weekend weather. If it's sunny and warm, we're gonna be there. If the weather looks rainy or cold, visitors taper off. That said, this weekend looks to be a winner. Last I saw, 10's on the wizometer! Highs in the 80's and Lows in the 50's! Lots of sun! Hello weekend and Lake Lanier!
Today's featured property of interest just came across our MLS search engines. Take a look at this gorgeous lake home on the east side of Lake Lanier. This one is new on the market and looks like it could be a winner. Check out this Lake Lanier home for sale at $425,000. And checkout this foreclosure lakefront condo over at Tradewinds on Lake Lanier for $55,000! Talk about cheap access to the lake! The condo is right on the south end of Lanier near Buford Dam Road!
Lake Lanier has made Southern Living's prestigious list as one The South's Greatest Lakes! Lakes Rabun and Oconee made the list, as well. It's hard to ignore what we all enjoy here in North Georgia on Lake Lanier!
Have a great weekend! See you at the lake!
Today we're following up on a community in Oakwood, Georgia called Pointe West. It's an upscale community with lakefront and off lake homes. Located on the east side of Lake Lanier, Pointe West is close to I-985 and a short commute north to Gainesville or south to Buford and Duluth. Here's a map of Pointe West:
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Homes in Pointe West are representative of elegance on Lake Lanier. Currently, there are a number of homes for sale in this neighborhood. To take a look at what we're referring to, see the detailed listings of homes for sale in Pointe West.
The next topic for today has to do with Lake Lanier's shoreline and interaction with the U.S. Army Corps of Engineers. When we are showing properties on the lake, we are always asked about the rules regarding the shoreline, paths, grounds maintenance and dock permits. For clarification, we always refer clients to the online version of the Shoreline Management Plan. In this plan, you'll find many answers to most of your questions regarding these issues. The U.S. Army Corps of Engineers is very clear about its rules and regulations for the shoreline of Lake Lanier. We have a link to the plan on our website at LakeSidneyLanierHomes.com .
This Lake Lanier home popped up on our searches this morning and it's a stunner! 4198 Cumberland Point Drive, Gainesville, Ga. Take a look at this incredible property in Cumberland on Lanier. Sweeping views of the lake and every luxury feature you can imagine.
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We've just been notified via our FMLS Custom Searches of a new Lake Lanier home sale. The property is located at 8835 Lakeside Way, Gainesville, GA. in Bridgewater subdivision. This home was listed at $325,000 and sold for $318,000. Total days on market are listed at 116 days. If you are interested in Bridgewater, see the other homes listed for sale in Bridgewater On Lake Lanier!
If you are a Cumming resident, on or near the lake, you no doubt recognize the following photos!
That's right! It's lunch time at El Rio! An institution here in Cumming and just a few miles off Hwy. 400 in downtown Cumming! Plating up the town with delicious Mexican platters since 1988, and that's a lot of good food! Don't miss the delicious lunch fajitas!
The real estate news and trends indicate high demand for homes to rent. We have received numerous inquiries this week for Lake Lanier homes for rent and off-lake homes for rent. The demand for these properties has skyrocketed. If you are considering your home as an asset, and a tool for rental income, please contact us immediately. We need properties to rent! We have potential tenants that are looking for full time residences and weekend lake homes! We are searching for properties that can be rented annually, and qualify for inclusion in our Property Management Program.
For those of you considering the purchase of a Lake Lanier waterfront lot, we've just lowered the list prices on two extraordinary estate lots. These lots are located in Cloister Cove, an upscale enclave of property off of Old Keith Bridge Road in Gainesville, Forsyth County, Georgia.
Cloister Cove Lake Lanier Map
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We've discussed these properties before in our blog. But prices on both lots have now been reduced from $419,000 to $349,900! View the details on these lots by clicking on the links below.
9030 Old Terry Ford Road
9035 Hayes Drive
In other news, our Prudential Georgia Realty 400 North sales meeting yesterday was the focused announcement of some big changes coming in our Property Management Division. With the ever-increasing demand for rental homes and investment opportunities, Prudential Georgia Realty is taking the lead in promoting assistance to both tenants and landlords through their revamped web page and commitment to this area of the market. Check out the look of the new site at Prudential Georgia Realty Property Management.
One of our custom searches revealed this steal in Gainesville near I-985, but not too far from Lake Lanier. Sometimes it's just plain amazing to see some of the real estate that is for sale near Lake Lanier. This one works as an investment opportunity, too! 1293 East Ridge Road, Gainesville, GA. $49,900
To our surprise, we were able to do a Google Check-in here at Lanier Haircutters. Jim, the owner has been serving Cumming for over 20 years and does a tremendous job. Complete with a capable staff, this shop is the traditional old style barber shop. Sometimes this kind of gem can be hard to find. Jim's got a home for sale right now, too! You can see this gorgeous property, with acreage and long distance views of Lake Lanier at 156 Scenic Overlook, Dawsonville, GA.
Lunch time finds us once again picking up at one of our Cumming faves, Giorgio's! We tried the Athenian Chicken and it was a winner! While waiting for the pick-up, we took a few of the following pics.
A welcoming entrance and a gorgeous patio invite the customers to stop by at Giorgio's Restaurant in Cumming, GA!
Harbour Point in Gainesville, Georgia has a new listing for sale that was uncovered in one of our Lake Lanier home searches. The home is located at 3851 Starboard Point, Gainesville. It's a nice 5 bedroom home and looks fabulous, priced at $598,800. What a feature rich, resort neighborhood, with gated entrance! And talk about lake views! There are many elevated plateaus in this neighborhood that provide for phenomenal views of Lake Lanier and even the North Georgia Mountains. If you haven't seen this community, you're in for a treat. Check out the other homes for sale in Harbour Point! Do you see any homes of interest? Let us know!
Looking at the Lake Lanier home sales for the first half of May, the numbers are coming in with a fairly stable trend. Here's a look at the closings so far this month. Lake Lanier Home Sales month to date for May. Note the almost 14% discount off the original list price of the the homes that sold. And note the total days on market statistic.
Things have really changed here on Lake Lanier in regard to pricing of homes that are for sale. Five years ago, it seemed very difficult to locate homes for sale under $400,000. Today, there is quite a bit of inventory, even below $300,000! But overall inventory seems pretty tight. If you are thinking that your money won't buy much on the water these days, think again. Take a look at what's for sale in the under $300,000 price range of homes on Lake Lanier. See anything interesting on the link?
Lake Lanier Homes For Sale Up To $300,000