tomo logo

$1,300,000

Beds
6
Baths
5.5
sq ft
4,741

8305 Beryl Ovlk, Gainesville, GA 30506

8305 Beryl Ovlk

Gainesville, GA 30506

  • 58 days on market
PRICED $50,000 BELOW APPRAISED VALUE *** BRAND NEW - NEVER LIVED IN AND DEEDED DOCK SLIP. Welcome to this magnificent new luxurious home with one of the best DEEP WATER DOCK SLIPS in the community, nestled along the picturesque shores of Lake Lanier in Forsyth County. This pristine, NEVER-lived-in residence embodies the essence of modern luxury on Lanier, boasting upscale features and thoughtful upgrades. As you step inside, prepare to be enveloped in unparalleled luxury. The main level boasts 9-foot ceilings throughout, creating an atmosphere of spaciousness and grandeur that sets the tone for the entire home. With a total of 6 bedrooms and 5.5 bathrooms, there's ample space for all your needs. The heart of the home lies on the main level, where a gourmet kitchen awaits the culinary enthusiast. Adorned with stainless steel appliances and sleek finishes, it's a testament to both style and functionality. The adjacent family room exudes warmth and sophistication, centered around a cozy fireplace—a perfect spot for unwinding or entertaining guests. Ascend the staircase to the upper level, where 5 generously proportioned bedrooms and 4 bathrooms await, each providing a sanctuary of comfort and style. The master suite is a true retreat, featuring not only a lavish ensuite bath but also a bonus room—a versatile space ideal for relaxation, nursery, fitness, or even a private office. Adjacent to the master suite, the laundry room adds a touch of practicality and ease to daily routines. Descend into the fully finished basement, where luxury continues to unfold. A second kitchen adds convenience and versatility, perfect for entertaining or hosting guests. A home theater awaits movie enthusiasts, offering the ultimate entertainment experience. Additionally, a full in-law suite provides added comfort and convenience, complete with convenient laundry hookups, access to outdoor living, a spacious bedroom, and a full bathroom. Step outside and discover your own private oasis in the expansive backyard that has room for a pool, perfect for outdoor gatherings and entertaining after a day on Lake Lanier. With the best assigned slip in the community dock, accessing the pristine waters of Lake Lanier is effortless, offering endless opportunities for swimming, fishing, and boating. Plus, with the community being golf cart friendly, accessing your private boat slip is both seamless and enjoyable located only minutes away. Luxury living awaits at this stunning residence in Long Hollow Landing—an address where every detail has been carefully considered to offer a lifestyle of unparalleled comfort, sophistication, and leisure on Lanier. Conveniently located near GA-400 and with top-rated Forsyth County schools in the area, this home offers both luxury and practicality. Minutes to Pelican Petes and desirable SOUTH LAKE LANIER via boat. Long Hollow Landing is a desirable, luxurious lake front community.

Details

Property type

Single Family Residence

Est. home value

$742,287

Property condition

New Construction

Lot size

0.80 acres

Price per sq ft

$275

Year built

2023

Annual property taxes

$837

Monthly HOA fee

$67.25

Price History

10/24/2024
FMLS

FMLS #7476889

Listed
$1,300,000
10/19/2024
FMLS

FMLS #7461941

Removed
$1,300,000
09/24/2024
FMLS

FMLS #7461941

Listed
$1,300,000
+4%

Schools & Community

Elementary school: 

Chestatee

Middle school: 

Little Mill

High school: 

East Forsyth

Community features: 

Fishing, Lake, Street Lights

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

$666,335
Asking price
$1,300,000
Closing costs (~8% of asking)
-$104,000
Est. remaining loan balance
-$529,665
Cash to seller
$666,335

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

Seller’s Loan History

Lender

Banksouth Mortgage

Loan start date

January 2024

Original loan amount

$534,600

Est. remaining balance

$529,665

Interest rate

7.03%

Loan type

New Conventional, 30 year

Seller

Stacy Spellman and Vernon Spellman

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: 12/22/2024 at 1:25 PM

Listing updated: 10/26/2024 at 6:05 AM

Listed by: Jacklyn Zuniga, HomeSmart Phone #: (404) 876-4901

MLS: FMLS #7476889

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