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$1,980,000

Beds
6
Baths
5.5
sq ft
6,931

401 Nichols Dr, Suwanee, GA 30024

401 Nichols Dr

Suwanee, GA 30024

  • 9 days on market
    • Open house Feb 23
Discover this stunning 5.75-acre estate, just moments from award-winning Lambert High School, top-tier shopping, and medical facilities. Privately tucked away behind a long tree-lined driveway, this 6-bedroom, 5.5-bath, 6,931 SQFT farmhouse is a slice of heaven in South Forsyth —fully fenced and cross-fenced, featuring a 4-stall barn with a tack room, electricity, and water. Step onto the charming wraparound front porch, and enter a home filled with natural light, soaring ceilings, and exquisite details. The foyer opens to a formal dining room with a tray ceiling, while the spacious family room showcases built-in shelves and a stacked-stone fireplace. The main-level primary suite is a sanctuary of light and comfort, featuring walls of windows, a spa-like bath with dual vanities, a jetted tub, an oversized walk-in shower, and a huge custom closet. The gourmet open kitchen boasts granite countertops, solid cabinetry, stainless steel appliances, and a walk-in pantry. Overlooking the cozy formal living room with a fireplace, it’s perfect for hosting gatherings. Step outside to the deck and savor your morning coffee while overlooking the serene pond and wooded backdrop. The upper level features a spacious loft/den—ideal for an office or playroom—plus four oversized bedrooms with large walk-in closets, thoughtfully designed as two Jack-and-Jill suites. The terrace level is an entertainer’s paradise! Enjoy a wet bar, game area (pool, foosball, ping pong), (a full bath in the hall) a media space for movie nights, a home gym, and even a Karaoke room! A guest suite with another full bath completes the space. Step outside to the heated pool with a diving board and slide—perfect for summer parties! This breathtaking estate can be expanded with an additional 13.53 acres available for purchase. Don’t miss this one-of-a-kind property—a rare find in South Forsyth!

Details

Property type

Single Family Residence

Est. home value

$1,852,391

Lot size

5.75 acres

Price per sq ft

$286

Year built

2006

Annual property taxes

$18,877

HOA

No

Price History

02/13/2025
FMLS

FMLS #7523311

Listed
$1,980,000
+98%
07/08/2016
GeorgiaMLS

GeorgiaMLS #7607265

Sold
$1,000,000

Schools & Community

Elementary school: 

Settles Bridge

Middle school: 

Riverwatch

High school: 

Lambert

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

Metro City Bank

Loan start date

July 2022

Original loan amount

$715,000

Est. remaining balance

Not provided

Interest rate

5.75%

Loan type

New Conventional, 30 year

Seller

Yu Li

Lender

New Penn Financial

Loan start date

December 2018

Original loan amount

$750,000

Est. remaining balance

Not provided

Interest rate

6.62%

Loan type

New Conventional, 30 year

Seller

Yu Li

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: 02/22/2025 at 9:20 PM

Listing updated: 02/22/2025 at 4:10 PM

Listed by: Claire Shoener, OneDoor Inc. Phone #: (404) 220-7797

MLS: FMLS #7523311

FMLS logo

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