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601 Ridgewood Ave, Gainesville, GA, 30501

5beds
5baths
4,800sqft
$499,000
$104price/sqft
$3,548/moest. monthly cost
$141,920/yrincome needed

About This Home

Welcome to 601 Ridgewood Avenue — a distinguished residence tucked within one of Gainesville’s most established neighborhoods, just 1/4 mile rom the vibrant downtown square in Gainesville. This four-sided brick home offers an impressive 4,800+ square feet of thoughtfully designed living space, seamlessly blending timeless character with modern updates and exceptional versatility. Inside, a beautifully renovated kitchen features abundant cabinetry, expansive counter space, and a functional layout designed for both everyday living and effortless entertaining. The adjoining dining area provides a bright, welcoming setting for gatherings. The main living room is anchored by a classic wood-burning fireplace and flows naturally into a light-filled sunroom — ideal as a reading retreat, creative space, or private fitness studio. The oversized primary suite on the main level is a rare find, complete with dual full bathrooms and a generous walk-in closet. Upstairs, a well-appointed one-bedroom, one-bath suite offers privacy and flexibility for guests or extended family. The fully finished terrace level expands the home’s livability even further, featuring a spacious family room that opens to a flat, walk-out backyard and large deck. This level also includes three additional bedrooms, two bathrooms, and a full secondary kitchen. The newly renovated lower-level primary bath delivers true “wow” factor with elevated finishes and thoughtful design. With its separate living quarters, the terrace level presents outstanding income-producing potential — estimated at approximately $2,350–$2,750 per month — making it ideal for rental income, multigenerational living, an in-law suite, or short-term rental opportunities. Throughout the home, abundant natural light enhances the warmth and livability of each space. Additionally, over 1,000 square feet of unfinished storage offers endless possibilities — whether converted into a private apartment, studio, gym, or custom wine cellar. Outside, enjoy a spacious, level, and cleared yard perfect for entertaining, gardening, or quiet evenings at home. The property’s prime location offers convenient access to shopping, dining, parks, schools, major roadways, and is just minutes from Northeast Georgia Medical Center and major highways. Whether you are seeking a primary residence, an income-producing investment, or a multigenerational living solution, 601 Ridgewood Avenue delivers exceptional space, flexibility, and location. Schedule your private showing today and experience all this remarkable property has to offer.

Getting Around

55
WalkingSomewhat Walkable
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

5/10
Centennial Arts AcademyGrades PK-50.7 mi
5/10
4/10
Gainesville High SchoolGrades 9-120.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1951

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow,Traditional
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Cooktop,Electric Oven,Refrigerator,Microwave,Range Hood,Washer
  • Laundry features: Lower Level,In Hall

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Finished Bath,Finished,Walk-Out Access

Bedroom

  • Features: Master on Main

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 5
  • Full bathrooms: 5
  • Main level bathrooms: 2
  • Main level bedrooms: 2

Dining Room

  • Features: Separate Dining Room

Features

  • Crown Molding,Walk-In Closet(s)
  • Window features: None
  • Flooring: Hardwood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Brick,Masonry
  • Fireplace: Yes
  • Finished area below ground: 2,447
  • Finished area above ground: 2,440
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 4,800
  • Total interior livable area: 4,800 sqft

Kitchen

  • Features: Cabinets White, Stone Counters

Master Bathroom

  • Features: Tub/Shower Combo

Master Bedroom

  • Features: Master on Main
  • Level: Master on Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 01025 008006
  • Other equipment: Home Theater
  • Horse amenities: None

Features

  • Levels: Three Or More
  • Pool features: None
  • Patio & porch: Glass Enclosed,Side Porch
  • Exterior features: Garden,Private Yard,Rain Gutters
  • Spa features: None
  • Fencing: Chain Link,Vinyl
  • Has view: Yes
  • View description: Neighborhood
  • Waterfront features: None
  • Waterbody name: None

Lot

  • Lot size: 0.32 Acres
  • Features: Back Yard,Cleared,Front Yard,Level,Private,Sloped
  • Lot size dimensions: 100x139

Parking

  • Total spaces: 3
  • Parking features: Parking Pad,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado

FEMA Declared Disasters Across Georgia Counties

Hurricane
Severe Storm
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,523$30,276
Home Insurance *$273$3,276
Property Taxes $286$3,432
Electricity $466$5,596
Total$3,548$42,576
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$121,645/yr
40% on housing$106,440/yr
45% on housing$94,613/yr

Georgia FAIR Plan Programs

Georgia Underwriting Association

Covered
WildfireWildfire
Add-on available
WindWind
Visit Website →

Georgia Underwriting Association - Coastal

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 8,778Commercial: 638
Total Premiums$16.25M
Total Exposure$2.20B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 4.7%
4.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$104This listing

vs Other Active Listings

Avg $/sqft

ZIP 30501$163
Hall County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 30501$160
Hall County$185

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-13Price change$499,000
2026-03-12Listed for sale$525,000
2026-02-04Listing removed$499,000
2026-01-21Price change$499,000
2025-10-14Price change$500,000
2025-09-03Price change$515,000
2025-08-07Listed for sale$525,000
2025-07-09Listing removed$540,000
2025-06-25Price change$540,000
2025-06-11Price change$544,900
2025-04-16Price change$549,900
2025-04-06Price change$577,400
2025-03-18Price change$579,900
2025-01-24Listed for sale$599,000
2024-11-16Listing removed$595,000
2024-10-12Price change$595,000
2024-09-13Price change$627,000
2024-07-22Listed for sale$649,000
2024-07-11Listing removed$749,000
2024-06-24Price change$749,000
2024-06-13Price change$775,000
2024-05-25Listed for sale$795,000
2007-04-02Sold$226,000
2004-06-18Sold$180,000

For Sale by Agent

AgentMeredith Wright
BrokerageKeller Wms Re Atl Midtown

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