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$1,595,000

Beds
4
Baths
4.5
sq ft
6,678

1520 Logan Cir, Cumming, GA 30041

1520 Logan Cir

Cumming, GA 30041

  • 166 days on market
    • Price drop $55,000↓
Discover the Ultimate Lakefront Lifestyle at South Lake Lanier! Welcome to a haven of luxury and comfort nestled in the heart of an exclusive, manicured community boasting 26 custom-built homes. Within minutes to GA400/Hwy 20, shopping and restaurants! Priced at recent appraisal, this spectacular 6600 sq ft lakefront masterpiece, meticulously crafted for the discerning homeowner, promises an unparalleled living experience. As you step through the double, beveled glass front doors, prepare to be captivated by the grandeur of this one-owner estate. With 4 bedrooms, 4.5 baths, and 4 cozy fireplaces spread across a thoughtfully designed floorplan, every inch of this home exudes elegance and functionality. The main level beckons with an inviting formal office space and a formal dining room, leading seamlessly into the 2-story great room adorned with a breathtaking 42" stone fireplace, illuminated bookcases, and an enchanting antler chandelier. Large windows frame picturesque views of the wooded cove, bringing nature's beauty indoors. Entertaining is a delight in the chef's kitchen, complete with vaulted, beamed ceilings, a see-through fireplace connecting to the sunroom, and access to expansive decks perfect for alfresco dining or relaxing in the gentle lake breeze. Retreat to the primary suite oasis boasting a vaulted sitting room, private deck access, and a spa-like marble bath featuring a whirlpool tub, steam shower, and a customized walk-in closet fit for a fashion enthusiast. Upstairs, discover a loft library, a studio/bonus room, and two generous bedrooms with en-suite baths and walk-in closets, ensuring comfort and privacy for family and guests. The lower level is an entertainer's dream, boasting a vast open space with another stone fireplace, a wine room, and the potential for a future kitchen, making hosting gatherings a breeze. A fourth bedroom with private access to a bathroom, a game room, and ample storage space complete this level, while double doors lead to a covered deck overlooking the cove and a private party dock with a boat lift, offering endless opportunities for lakeside enjoyment. With its unbeatable location, exquisite craftsmanship, and a wealth of amenities designed for luxurious living and entertaining, this South Lake Lanier retreat is a rare gem waiting to be cherished.

Details

Property type

Single Family Residence

Est. home value

$1,677,515

Lot size

0.45 acres

Price per sq ft

$239

Year built

1998

Annual property taxes

$1,433

Monthly HOA fee

$41.67

Price History

08/09/2024
FMLS

FMLS #7372942

Price change
$1,595,000
-3.33%
07/10/2024
FMLS

FMLS #7372942

Price change
$1,650,000
-2.65%
04/22/2024
FMLS

FMLS #7372942

Listed
$1,695,000

Schools & Community

Elementary school: 

Mashburn

Middle school: 

Lakeside - Forsyth

High school: 

Forsyth Central

Community features: 

Fishing, Lake, Park, Street Lights

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

Georgia United Credit Union

Loan start date

October 2015

Original loan amount

$460,000

Est. remaining balance

$373,833

Interest rate

3.9%

Loan type

New Conventional, 30 year

Seller

Suzanne Spivey

Lender

Bank Of America Na

Loan start date

January 2000

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

7.75%

Loan type

Credit Line (Revolving)

Seller

Bruce L & Suzanne Spivey

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?

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Status: Active

Tomo last checked: 10/04/2024 at 10:55 PM

Listing updated: 08/22/2024 at 1:15 PM

Listed by: Sheila Davis, The Norton Agency Phone #: (770) 532-0022

MLS: FMLS #7372942

FMLS logo

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