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$479,900

Beds
3
Baths
2.0
sq ft
1,657

3107 Lotheridge Rd, Gainesville, GA 30501

3107 Lotheridge Rd

Gainesville, GA 30501

  • Pending
    • Price drop $15,000↓
Opportunities like this don’t come around often! Welcome to 3107 Lotheridge Rd, a unique 5.93-acre mini-farm offering two separate residences in a serene, partially wooded setting. Zoned AR3, this property is perfect for those seeking a private compound, rental income, or a homestead lifestyle. The main home is a 1,657 sq. ft. ranch featuring 3 bedrooms, 2 bathrooms, and an office/flex space. The updated eat-in kitchen boasts quartz countertops and ample cabinet space—perfect for home chefs. A charming 875 sq. ft. guest house, built in 2019, offers a 1-bedroom, 1.5-bath A-frame layout with a loft, stylish island kitchen, and additional storage. The main-level bedroom makes it an ideal in-law suite, or take advantage of its rental potential—currently leased at $1,400/month until September 2025. With the proper county licensing, it could also serve as a short-term rental. For animal lovers, the property includes a three-stall horse barn and two chicken coops. Adventure awaits with a gravel horse/ATV trail leading to a level recreation area along the creek. Plus, enjoy blueberry and raspberry bushes, along with pecan, apple, and pear trees—offering the perfect homestead experience! Conveniently located with easy access to GA I-985, Lake Lanier, North Georgia mountains, shopping, and schools, this property is priced below recent appraisal for a quick sale. Don’t miss this rare find—schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$381,904

Lot size

5.93 acres

Price per sq ft

$290

Year built

1960

Annual property taxes

$5,054

HOA

No

Price History

03/31/2025
FMLS

FMLS #7501928

Pending
$479,900
03/06/2025
FMLS

FMLS #7501928

Price change
$479,900
-3.03%
01/24/2025
FMLS

FMLS #7501928

Price change
$494,900
-1%

Schools & Community

Elementary school: 

Hall - Other

Middle school: 

East Hall

High school: 

East Hall

Community features: 

None

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

Fairway Independent Mortgage

Loan start date

February 2022

Original loan amount

$324,000

Est. remaining balance

$302,642

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Ryan Kinev and Megan Kinev

Lender

Fairway Independent Mortgage

Loan start date

February 2022

Original loan amount

$324,000

Est. remaining balance

$302,642

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Ryan Kinev and Megan Kinev

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: Pending/Under Contract

Tomo last checked: 04/03/2025 at 1:25 PM

Listing updated: 03/31/2025 at 9:15 AM

Listed by: Julie Tressler, BHGRE Metro Brokers Phone #: (404) 843-2500

MLS: FMLS #7501928

FMLS logo

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