tomo logo

$3,295,000

Beds
5
Baths
4.5
sq ft
8,538

5040 Blackberry Ln, Buford, GA 30518

5040 Blackberry Ln

Buford, GA 30518

  • 234 days on market
    • Price drop $100,000↓
It is a rare opportunity to find acreage on south Lake Lanier! This premier 8 acre Lake Lanier estate is located in sought after Buford, on south Lake Lanier. As you enter the gates, down a long winding drive, this magnificent property offers acreage, trees, privacy and tranquility. The property includes a circular driveway, a beautiful traditional, updated brick home with fully finished terrace level, a 2 car garage plus 2 car drive around to terrace level with workshop, a heated gunite salt water pool, and a large barn/workshop to store all your toys! Situated in a quiet cove on south lake, with 350' of shoreline, the single slip party dock is just a short gentle walk from the home. Close to University Yacht Club and Holiday Marina and other lakeside restaurants by water! The home is spacious and grand, with many recent updates! The main level features 4500 finished sf, with open design, large great room with lifted ceilings, hardwood floors and stone fireplace, new custom kitchen with large island, stainless appliances, double ovens, and gas cooktop. A spacious dining room is just off the kitchen. The formal study/office is just off the wet bar, and private owners suite with large double vanity areas, separate shower, jacuzzi tub, custom closets and built-ins. The finished terrace level features an open plan with large media and game room area and custom bar with dishwasher and icemaker, all off the covered patio and pool. Perfect for watching sports and friends and family gatherings! In addition, there's a second laundry, full bath and two additional bedrooms. The lower level two car garage has extra space for storage and a workshop. The large barn/building can hold many cars, trucks, trailers, etc and serve as a workshop. There is extra covered RV storage. No HOA!

Details

Property type

Single Family Residence

Est. home value

$3,234,719

Lot size

8.00 acres

Price per sq ft

$386

Year built

2005

Annual property taxes

$16,644

HOA

No

Price History

06/26/2024
FMLS

FMLS #7362162

Price change
$3,295,000
-2.95%
04/02/2024
FMLS

FMLS #7362162

Listed
$3,395,000
01/03/2024
FMLS

FMLS #7232570

Removed
$3,395,000

Schools & Community

Elementary school: 

Flowery Branch

Middle school: 

West Hall

High school: 

West Hall

Community features: 

Fishing, Lake

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

United Community Bank

Loan start date

April 2016

Original loan amount

$559,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

Commercial, 25 year

Seller

Kristen R Mathis and Douglas Mathis

Lender

United Community Bank

Loan start date

April 2016

Original loan amount

$559,000

Est. remaining balance

Not provided

Interest rate

3.62%

Loan type

Commercial, 25 year

Seller

Kristen R Mathis and Douglas Mathis

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?

Similar Homes Nearby

Price drop
FMLS
$2,900,000
10 bd
|
9 ba
|
House

3898 Ridge Rd, Buford, GA 30519

Status: Active

Tomo last checked: 11/22/2024 at 3:40 PM

Listing updated: 11/05/2024 at 9:45 AM

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

MLS: FMLS #7362162

FMLS logo

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