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$899,000

Beds
5
Baths
4.0
sq ft
3,382

405 Forrest Ln, Gainesville, GA 30501

405 Forrest Ln

Gainesville, GA 30501

  • 1 day on market
Nestled in the heart of downtown Gainesville, this exquisite four-sided brick home is a true designer’s dream, offering a perfect blend of timeless craftsmanship and modern luxury. Bathed in natural light, the home’s calm and relaxing energy makes it a serene retreat among the hustle of the city. This property is expertly maintained, beautifully updated, and ready to move in. The chef’s kitchen is a masterpiece, boasting premium Jenn-Air/KitchenAid appliances, a gas cooktop, and custom-built cabinetry crafted for both function and elegance. Designed for relaxation and entertainment, the double-sided limestone fireplace serves as a stunning focal point, complemented by custom handmade moldings and designer lighting throughout. The exceptional floor plan features two bedrooms on the main level, while the upper level provides three additional bedrooms and two full baths, ensuring ample space for guests. The primary suite on the main level is a sanctuary, featuring a custom closet, a spa-inspired bath, and an ambiance of pure tranquility. Also on main, the dedicated office (or great play room) provides the flexibility to meet your lifestyle needs. The unfinished basement offers limitless potential—perfect for storage, a workshop, or future expansion to suit your vision. With a newer roof (July 2017) and a prestigious neighborhood setting, this home presents a rare opportunity to experience luxury, comfort, and the convenience of in-town living. Fantastic location just two blocks from the Gainesville Square, and moments away from shopping, dining and entertainment amenities galore.

Details

Property type

Single Family Residence

Est. home value

$613,799

Lot size

7,841 sq ft

Price per sq ft

$266

Year built

2006

Annual property taxes

$861

Monthly HOA fee

$54.17

Price History

02/27/2025
FMLS

FMLS #7531490

Listed
$899,000
+188.6%
10/10/2014
FMLS

FMLS #5296672

Sold
$311,500

Schools & Community

Elementary school: 

Centennial Arts Academy

Middle school: 

Gainesville East

High school: 

Gainesville

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

Regions Bank

Loan start date

May 2022

Original loan amount

$200,000

Est. remaining balance

$191,103

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Troy R Millikan and Brenda Sue Millikan

Lender

Regions Bank

Loan start date

May 2022

Original loan amount

$200,000

Est. remaining balance

$191,103

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Troy R Millikan and Brenda Sue Millikan

Lender

Acopia

Loan start date

October 2014

Original loan amount

$249,200

Est. remaining balance

$90,787

Interest rate

3.23%

Loan type

New Conventional, 15 year

Seller

Troy R Millikan

Lender

Acopia

Loan start date

October 2014

Original loan amount

$249,200

Est. remaining balance

$90,787

Interest rate

3.23%

Loan type

New Conventional, 15 year

Seller

Troy R Millikan

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: 03/01/2025 at 12:10 PM

Listing updated: 02/27/2025 at 9:46 PM

Listed by: Dani Burns, Keller Williams Lanier Partners Phone #: (770) 503-7070

MLS: FMLS #7531490

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