tomo logo

$849,900

Beds
5
Baths
4.0
sq ft
3,223

5705 Windjammer Pt, Cumming, GA 30041

5705 Windjammer Pt

Cumming, GA 30041

  • 69 days on market
    • Price drop $10,000↓
Listing price has been reduced $40,000. This gorgeous 5 bed, 4 bath home sits on one of the most private lots in the highly sought after gated community of St. Michael’s Bay on Lake Lanier. Located just minutes from Hwy 400, this is the perfect home for a family to enjoy the quiet of the country and have the accessibility of city living at the same time. This home is 3,223 sq ft and boasts a large kitchen, perfect for baking and hosting, a large master on main with a stunning en-suite and generous walk-in closet. Whether you need a home office or a guest room, a second bedroom is also located on the main level with a full supporting bathroom. 3 generously sized bedrooms upstairs offer children and/or guests their own retreat away from the main living space downstairs to rest or play. With a wonderful twist on a Jack and Jill bathroom, 2 rooms share a tub and toilet, but have separate vanities to get ready in the morning. The 3rd bedroom offers a private en-suite for additional guests. With an enviable 0.98 acres, there is plenty of room to play and relax outside. This lot is a blank canvas for anyone wishing to make their home an oasis. Solar panels make summer living incredibly affordable- with a $41 average electric bill each month, this a home that saves you money every month of the year. The neighborhood amenities are beyond compare, including a gorgeous swimming pool, spacious clubhouse and gym, tennis/pickleball courts, a nature trail, and a community day use boat dock.

Details

Property type

Single Family Residence

Est. home value

$815,105

Lot size

0.98 acres

Price per sq ft

$264

Year built

2016

Annual property taxes

$6,575

HOA

Yes

Price History

02/06/2025
FMLS

FMLS #7498223

Price change
$849,900
-1.16%
01/20/2025
FMLS

FMLS #7498223

Price change
$859,900
-1.15%
01/06/2025
FMLS

FMLS #7498223

Price change
$869,900
-2.25%

Schools & Community

Elementary school: 

Chattahoochee - Forsyth

Middle school: 

Little Mill

High school: 

East Forsyth

Community features: 

Clubhouse, Fishing, Gated, Lake, Playground, Pool, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$322,008
Asking price
$849,900
Closing costs (~8% of asking)
-$67,992
Est. remaining loan balance
-$459,900
Cash to seller
$322,008

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Union Home Mortgage

Loan start date

June 2021

Original loan amount

$500,000

Est. remaining balance

$459,900

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Jenna Rebekah Pratt

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: 02/23/2025 at 7:15 PM

Listing updated: 02/23/2025 at 4:15 PM

Listed by: Terry D Cooksey, Keller Williams Realty Community Partners Phone #: (678) 341-7400

MLS: FMLS #7498223

FMLS logo

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