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$729,000

Beds
3
Baths
2.0
sq ft
1,872

6530 Medlock Rd, Gainesville, GA 30506

6530 Medlock Rd

Gainesville, GA 30506

  • 5 days on market
Charming Lakefront Retreat at 6530 Medlock Road. Nestled in a serene mountain setting, this immaculate lake home at 6530 Medlock Road offers breathtaking views of Lake Lanier. Built in 2000, this residence features 3 bedrooms, 2 bathrooms, 2 kitchens, and ample storage space within its 1,872 square feet of living space. Spacious Living Areas: The open floor plan seamlessly connects the living, dining, and kitchen areas, creating an inviting atmosphere for both relaxation and entertaining. The Main Level features a primary bedroom, plus one secondary bedroom, a full bathroom, living room, dining area, and kitchen. The finished basement level contains a second primary bedroom, a full bath, a living area, dining area, kitchen, as well as a utility (laundry) room. Both levels offer expansive decks, perfect for enjoying morning coffee or evening sunsets over the water. Private Dock: The property includes one of the largest allowable single-slip docks on Lake Lanier, providing direct access for boating and fishing enthusiasts. Conveniently located, this home offers a peaceful retreat while being just a short drive from local amenities, dining, and entertainment options in Gainesville. Whether you're seeking a full-time residence or a vacation getaway, 6530 Medlock Road presents a rare opportunity to own a piece of lakefront paradise in a picturesque mountain setting. Some furshishings, as well as, boat are available as a separate purchase.

Details

Property type

Single Family Residence

Est. home value

$562,247

Lot size

0.46 acres

Price per sq ft

$390

Year built

2000

Annual property taxes

$6,212

HOA

No

Price History

03/07/2025
FMLS

FMLS #7534910

Listed
$729,000
+34.25%
09/15/2022
FMLS

FMLS #7084959

Sold
$543,000
+27.76%
02/22/2007
FMLS

FMLS #3364036

Sold
$425,000

Schools & Community

Elementary school: 

Chestatee

Middle school: 

Little Mill

High school: 

East Forsyth

Community features: 

None

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

$277,715
Asking price
$729,000
Closing costs (~8% of asking)
-$58,320
Est. remaining loan balance
-$392,965
Cash to seller
$277,715

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

Seller’s Loan History

Lender

Southstate Bank

Loan start date

September 2022

Original loan amount

$407,250

Est. remaining balance

$392,965

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Jennifer Marie Maguire and Jami Lavon Lancaster

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: 03/10/2025 at 12:45 AM

Listing updated: 03/09/2025 at 9:25 AM

Listed by: Sherry Johansson, Heartland Real Estate, LLC Phone #: (470) 655-1976

MLS: FMLS #7534910

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