tomo logo

$850,000

Beds
5
Baths
4.5
sq ft
4,087

1050 Park Shore Dr, Cumming, GA 30041

1050 Park Shore Dr

Cumming, GA 30041

  • 103 days on market
    • Price drop $25,000↓
Welcome to this stunning, custom-built luxury home in the elite Park Shore neighborhood of Cumming, offering Lake Lanier views and direct lake access. Situated on a quiet end of the street, cul-de-sac lot, close to the community amenities. This exceptional property features an inviting front porch, a circular driveway, and 5-car side entry garages, luxury living at its finest. Located in the Prime South Forsyth area, on the south end of Lake Lanier. This home is part of the prestigious Park Shore community, which offers a community boat dock, covered picnic pavilion, Saltwater swimming pool, tennis, playground, clubhouse. Conveniently located to everything! Next to Mary Alice Park with white sandy beach, boat ramps, picnic areas; very close to market place shopping & restaurants, and the new CUMMING CITY CENTER featuring a new AMPHITHEATER with concerts by local artists; Nearby developments like Westshore, Halcyon and Vickery Village; Easy access to GA-400, Costco 5 minute away! Close to Bald Ridge & Habersham Marinas, Northside Hospital, and award-winning schools! This home features an open floor plan with grand 2 story foyer entrance area, 2-story family room with 18 feet high ceiling, open dining room, a master suite on the main level with the sitting area and the vaulted ceiling, master bathroom with the double vanity, walk in California closet. Guest secondary bedroom and full bath, laundry room on the main. Enjoy the gourmet kitchen with the hardwood floors, kitchen bar and the breakfast area is open to a private side entry courtyard to enjoy your morning coffee and the picturesque views of the backyard. Upstairs you will find 3 additional bedrooms and 2 full baths. Huge partially finished basement (2725 sq. ft.) with a separate entrance that can be finished with endless possibilities is offering enough room for a beautiful in-law suite, with a kitchen, home movie theater, 2 bedrooms and 2 bathrooms, flex, game or workout room, a game room with pool table, or a man cave. Additionally, in the terrace level basement, there is a storage space/workshop with 2 insulated garage doors that open to the side/backyard for your lawn mower, boat, etc. The owner has had plans done for the basement and we have included the poster pictures of how the basement would look like after it is finished. There are 3 HVAC units at the property. Beautifully landscaped lawn with massive curb appeal! Large partially fenced backyard with a back deck overlooking a beautiful backyard and screened patio underneath for outdoor entertaining. Potential for the future owner to use a portable dock as the property has direct access to the lake. Lease Purchase option is available. Public sewer is available in the neighborhood. Property can be connected to public sewer, seller has the quote of $7,000 to connect, seller never had a problem with the current septic tank. Don’t miss your chance to own this exceptional dream lake home. Schedule a viewing today and make this luxurious lakefront property yours! ***OpenHouse on Sunday, November 17th from 2:00 - 4:00 pm***

Details

Property type

Single Family Residence

Est. home value

$714,629

Lot size

0.69 acres

Price per sq ft

$208

Year built

1996

Annual property taxes

$1,270

Monthly HOA fee

$79.17

Price History

11/14/2024
FMLS

FMLS #7431150

Price change
$850,000
-2.86%
11/01/2024
FMLS

FMLS #7431150

Removed
$875,000
08/08/2024
FMLS

FMLS #7431150

Listed
$875,000

Schools & Community

Elementary school: 

Mashburn

Middle school: 

Lakeside - Forsyth

High school: 

Forsyth Central

Community features: 

Lake, Playground, Pool, Tennis Court(s)

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Sand Castles Holdings

Loan start date

December 2011

Original loan amount

$300,000

Est. remaining balance

$0

Interest rate

3.99%

Loan type

New Conventional, 3 year

Seller

Edith M Deigert

Lender

Countrywide Home Loans Inc

Loan start date

August 2006

Original loan amount

$280,000

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

Stand Alone Second, 30 year

Seller

Edith Deigert

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/19/2024 at 6:20 AM

Listing updated: 11/17/2024 at 4:10 PM

Listed by: Julia De Sosarocha, EXP Realty, LLC. Phone #: (888) 959-9461

MLS: FMLS #7431150

FMLS logo

Recently listed in Cumming

$679,999|5 bd|4.0 ba|House
$1,141,027|3 bd|3.0 ba|House
$540,000|4 bd|3.5 ba|Townhouse
$889,000|4 bd|3.5 ba|House
$429,900|4 bd|3.0 ba|House
$1,177,000|5 bd|5.0 ba|House
$438,000|4 bd|2.5 ba|House
$1,180,000|5 bd|5.5 ba|House
$400,000|3 bd|2.0 ba|House