tomo logo

$2,500,000

Beds
5
Baths
5.5
sq ft
11,790

4692 Highland Dr, Gainesville, GA 30506

4692 Highland Dr

Gainesville, GA 30506

  • 85 days on market
    • Price drop $450,000↓
***PRICED TO SELL MASSIVE PRICE IMPROVEMENT*** Nestled within the serene landscape of Gainesville, Georgia's Highland Drive, lies a 50-acre estate offering the perfect blend of luxury and tranquility. This property boasts a variety of features designed to enhance your living experience and provide an unparalleled retreat from the hustle and bustle of everyday life. Come and explore the perfect canvas for a wedding venue, an equestrian facility or your own farm. As you enter the fully fenced estate, you'll immediately feel a sense of privacy and seclusion, surrounded by lush pastures and partially wooded areas. Enjoy the peaceful long driveway lined with cherry trees. Whether you're exploring the woodlands or enjoying a leisurely ride through the countryside, there's always something new to discover on this expansive property. The private pond is the perfect spot to enjoy the views or try your luck at fishing. Nearby, a newly built barn and gated paddock provide ample space for housing and caring for horses. There are also plenty of gardening/ farming areas throughout the property. Outdoor recreation enthusiasts will enjoy the two tennis courts and a bocce court, both perfect for friendly competition with family and friends. Scenic walkways wind through the beautifully landscaped grounds, guiding you to a koi pond surrounded by lush foliage and vibrant blooms. At the heart of the estate lies a beautifully landscaped patio featuring a gunite 65-foot swimming pool, pool house, and outdoor firepit. The pool house, approximately 1,000 square feet of space, is equipped with a bar and bath, providing the perfect venue for outdoor entertaining. Additional features include a detached four-car garage with a spacious 1,200 square foot apartment above, ideal for accommodating guests or providing additional living space for family members. The main estate exudes elegance with a grand courtyard entry welcoming you into a world of high-end finishes and luxurious touches. The gourmet kitchen is a chef's dream, featuring commercial-grade appliances, a second sink, a kitchen island, and a hidden walk-in pantry. Throughout the home, find open-concept living spaces with high ceilings and floor-to-ceiling windows, offering breathtaking views of the surrounding landscape. An additional entertainment room with a bar provides the perfect space for hosting gatherings or simply unwinding with loved ones. For those in need of a quiet retreat, an executive office with built-in bookshelves offers a serene workspace, while the primary suite on the main level provides a luxurious escape with a double-sided fireplace, marbled floor bathroom, and expansive closet space. Two additional guest bedrooms with private bathrooms on the main level ensure that visitors feel pampered and comfortable during their stay. Upstairs, 2 guest bedrooms, 2 full bathrooms, storage space, a media room, loft/bonus room, and office room provide additional space for relaxation and entertainment, making this estate the perfect place to call home.

Details

Property type

Single Family Residence

Est. home value

$3,671,125

Lot size

50.02 acres

Price per sq ft

$213

Year built

1992

Annual property taxes

$18,698

HOA

No

Price History

10/17/2024
FMLS

FMLS #7439431

Price change
$2,500,000
-15.25%
08/15/2024
GeorgiaMLS

GeorgiaMLS #10259768

Removed
$2,950,000
08/15/2024
FMLS

FMLS #7439431

Listed
$2,950,000

Schools & Community

Elementary school: 

Mount Vernon

Middle school: 

North Hall

High school: 

North 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

Regions Bank

Loan start date

June 2005

Original loan amount

$175,197

Est. remaining balance

Not provided

Interest rate

5.8%

Loan type

Stand Alone Second, 1 year

Seller

Jerry S Coker

Lender

Regions Bank

Loan start date

June 2005

Original loan amount

$175,197

Est. remaining balance

Not provided

Interest rate

5.8%

Loan type

Stand Alone Second, 1 year

Seller

Jerry S Coker

Lender

Regions Bank

Loan start date

December 1999

Original loan amount

$185,203

Est. remaining balance

Not provided

Interest rate

7.96%

Loan type

Stand Alone Refi (Refinance of Original Loan), 1 year

Seller

Jerry S Coker

Lender

Regions Bank

Loan start date

December 1999

Original loan amount

$185,203

Est. remaining balance

Not provided

Interest rate

7.96%

Loan type

Stand Alone Refi (Refinance of Original Loan), 1 year

Seller

Jerry S Coker

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: 11/08/2024 at 12:40 PM

Listing updated: 10/17/2024 at 7:55 PM

Listed by: Hester Group, Harry Norman Realtors Phone #: (770) 977-9500

MLS: FMLS #7439431

FMLS logo

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