5993 Overby Rd., Flowery Branch, GA 30542
Photo 1 of 126
$2,748,000
Beds Baths Sq. Ft. Taxes Built
5 5.00 5,500 $4,657 1965
On the market: 1 day

Est. Monthly Payment:

$16,842($16,454 + $388 taxes*)

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APPROVED
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DON'T MISS THE OPPORTUNITY TO OWN THIS 5 ACRE LAKE LANIER ESTATE FAMILY COMPOUND on the south end of Lake Lanier, LOCATION!! It's a MUST SEE before your final decision. New 32x32 party deck double slip dock. The only available property like this on Lake Lanier. There is huge value in this 5 Acre lake front land with NO HOA. This property has nearly 600 ft. of road frontage and can be subdivided into numerous lots. 4 beautiful building sites, 2 are lake front. Has approx 360 ft. on the Corp line and approx 100 ft from the water. 250 ft between docks on both sides. This property is in a neighborhood of multimillion dollar homes. Sunset views from the dock and summer views of the lake from a 4-sided brick home with approx 5500 sq. ft. with room to expand. Perfect for one who is looking for a lake property on the south end for a private compound to enjoy as is, or build more homes for your family, rentals or to sell. Build barns, have horses, additional garages/shops, pools, tennis courts, pickle ball courts, green house, gardens. Simply endless possibilities. Tiny homes are ok in Hall County. Two separate portions of the property can be divided that would be lakefront and would meet the Corp requirements of applying for 2 more dock permits by a wait list. The future value of this property is enormous, lakefront land is running out especially on the south end and 5 minutes from the interstate and major shopping. Large area to park RVs, boats, trailers, trucks or equipment. Approx 3500 sq. ft. with 4 bedrooms, 5 full baths, walkin closets and large laundry ALL on the main level. No need to use the front or rear stairs except for the 5th bedroom/bonus room or basement which is framed for an apartment stubbed kitchen/bath. Oversized Master (approx 450 sq ft) on main with 3 closets and wood burning fireplace. All seasons view of the lake from every window lake side. Interior doors are solid wood, with crown molding. Cozy family room with wood burning stone fireplace. Large separate dining room overlooking the lake that can seat 12 or more. Large sunroom overlooking lake with 15 glass pane French doors to family room and double full glass exterior doors opening up to the main level deck which connects the master suite to sunroom. Approx 450 sq. ft. bonus room with large walk-in closet and window. The terrace level has large decks and a patio appox. 750 sq. ft. Covered front porch, large enough for sofa and chairs viewing a manicured private courtyard with no steps or stairs , only a 4 inch step to enter the front door or the garage. Real solid 3/4 red oak select hardwood floors throughout, (NO CARPET) with tile in all 5 baths. The driveway is approx 600 ft long, the length of two football fields, which the home cannot to be seen from the road. PRIVACY!. In addition, the road is a dead-end with little traffic and a cul-de-sac. A quiet cove bringing peace and nothing short of a private tranquil paradise. Parties/events? Park as many as 50 or more cars without using the street. Investors, Builders , Developers or Corporate Housing: Huge potential future value is there for this gem of a large 5 Acre property. Need to park some money? With rental/investment possibilities a 1031 may be perfect for you. With No HOA, it's a major plus for those who are seeking flexibility. Build a large mansion, barn dominium or build the minimum requirements per Hall County GA. With the increasing demand for lakefront land this property is well-positioned for future appreciation, particularly given the rare combination of privacy, expansive space, and potential for further development. Although after viewing this property, one may want to keep the 5 acres all in tack as is and enjoy this beautiful wooded property, home, dock, lake and all it has to offer for you and your family estate. Plus, it's a short boat ride (ten minutes) to restaurants, parks and marinas on the lake.
Listing courtesy of Michael Colson, Embassy Partners, Inc.