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$1,190,000

Beds
4
Baths
4.5
sq ft
Unknown

6372 Falcon Ln, Gainesville, GA 30506

6372 Falcon Ln

Gainesville, GA 30506

  • 39 days on market
Nestled within the prestigious gated community of Timberidge Estates, this custom-built executive residence offers an exclusive lakeside living experience on a secluded lake lot with a private deepwater dock featuring two expansive party decks on Lake Lanier. The property boasts a range of top-tier amenities including a clubhouse, a swimming pool, and courts for pickleball, tennis, and basketball, not to mention a community-owned dock and boat ramp. The main-level primary suite is a true retreat, complete with extensive walk-in closets and an ensuite bath featuring tiled floors, dual vanities, a double shower, a jacuzzi whirlpool tub, and direct deck access with stunning lake views. The family room is a highlight, with its vaulted ceilings, a large wall of windows, and a masonry fireplace, all combining to fill the space with natural light and offer panoramic views of Lake Lanier. The kitchen is a chef’s dream, equipped with custom cabinetry, granite countertops, high-end stainless appliances, a central island with a breakfast bar, and a cozy breakfast nook that opens out to a spacious rear deck. The main floor also includes a convenient powder room and laundry facilities. Upstairs, you will find two generously sized secondary bedrooms, each with ample closet space and their own private ensuite bathrooms. The finished terrace level is designed for entertainment, featuring a second kitchen with a bar, a guest bedroom, a full bathroom, a large living area with another fireplace, a home theatre/media room, and walk-out access to a second rear deck. Additionally, there is a detached two-car garage offering plenty of extra storage space. This home is ideally located with easy access to local shopping, dining, and entertainment venues, making it not just a luxurious residence but a perfect sanctuary on Lake Lanier.

Details

Property type

Single Family Residence

Est. home value

$1,060,405

Lot size

0.37 acres

Price per sq ft

Unknown

Year built

2007

Annual property taxes

$8,433

HOA fee

$1,285

Price History

02/24/2025
FMLS

FMLS #7526842

Listed
$1,190,000
+11.22%
07/09/2024
FMLS

FMLS #7317594

Removed
$1,069,999
06/05/2024
FMLS

FMLS #7317594

Listed
$1,069,999

Schools & Community

Elementary school: 

Lanier

Middle school: 

Chestatee

High school: 

Chestatee

Community features: 

Clubhouse, Gated, Lake, Pool, Street Lights, Tennis Court(s)

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

Suntrust Mortgage Inc

Loan start date

June 2009

Original loan amount

$584,000

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

Stand Alone Second, 27 year

Seller

Fang H Koong and Linni L Koong

Lender

Suntrust Mortgage Inc

Loan start date

June 2009

Original loan amount

$584,000

Est. remaining balance

Not provided

Interest rate

6.25%

Loan type

Stand Alone Second, 27 year

Seller

Fang H Koong and Linni L Koong

Lender

Suntrust Mortgage Inc

Loan start date

August 2006

Original loan amount

$584,000

Est. remaining balance

Not provided

Interest rate

8.25%

Loan type

Not Provided, 30 year

Seller

Fang H Koong and Linni L Koong

Lender

Suntrust Mortgage Inc

Loan start date

August 2006

Original loan amount

$584,000

Est. remaining balance

Not provided

Interest rate

8.25%

Loan type

Not Provided, 30 year

Seller

Fang H Koong and Linni L Koong

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: 04/03/2025 at 2:40 PM

Listing updated: 03/18/2025 at 5:00 PM

Listed by: Yu Duan, Virtual Properties Realty.com Phone #: (770) 495-5050

MLS: FMLS #7526842

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