2901 Waterford Dr, Gainesville, GA, 30504
About This Home
New Price - Exceptional Value Near Lake Lanier! Discover the perfect combination of location, lifestyle. Whether you're searching for a weekend getaway, full-time residence, investment property, Airbnb opportunity, or easy one-level living, this charming 2-bedroom, 2-bath ranch offers incredible value just minutes from Lake Lanier, Gainesville Marina, public boat ramps, lakeside parks, and Downtown Gainesville. A recent $5,000 price improvement gives the next owner room to personalize the home's cosmetic finishes while enjoying one of Gainesville's most desirable locations. Inside, you'll find a spacious single-level floor plan featuring a welcoming living room with a stunning stone fireplace, dedicated dining area, and an efficient kitchen ready for your own style and updates. Step outside to the oversized deck overlooking a private backyard with plenty of space for entertaining, gardening, or creating the outdoor retreat you've always wanted. With no HOA and no neighborhood restrictions, you'll have the flexibility to store your boat, RV, trailer, or recreational equipment right at home-a rare find this close to Lake Lanier. Imagine spending your mornings on the lake boating, fishing, kayaking, or paddleboarding, your afternoons exploring nearby parks and hiking trails, and your evenings enjoying the restaurants, breweries, boutiques, farmers market, and year-round events in Downtown Gainesville Square. Affordable homes this close to Lake Lanier with no HOA, boat storage potential, single-level living, and the opportunity to add your own personal touches are becoming increasingly difficult to find. If you've been searching for a home that offers both lifestyle and long-term value.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 1986
Materials
- Roof: Composition
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Bungalow/Cottage,Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Refrigerator
- Laundry features: In Kitchen,Laundry Closet
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Dining Room
- Features: Dining Rm/Living Rm Combo
Features
- Roommate Plan
- Flooring: Carpet,Laminate
- Number of fireplaces: 1
- Fireplace features: Family Room
- Fireplace: Yes
- Finished area below ground: 0
- Finished area above ground: 1,025
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Central
- Cooling features: Central Air
Interior Area
- Total structure area: 1,025
- Total interior livable area: 1,025 sqft
Property
Details
- Parcel number: 08005 000060
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Waterfront features: No Dock Or Boathouse
- Waterbody name: None
- Residential vegetation: Wooded
Lot
- Lot size: 0.29 Acres
- Features: Corner Lot
Parking
- Parking features: Parking Pad
- 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
- Lightning
- Tornado
- Cold Wave
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Georgia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,339 | $16,068 |
| Home Insurance * | $98 | $1,176 |
| Property Taxes | $540 | $6,480 |
| Electricity | $219 | $2,637 |
| Total | $2,196 | $26,352 |
Income You'd Need if You Spent...
Georgia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-04 | Price change | $260,000 |
| 2026-07-10 | Listed for sale | $265,000 |
| 2004-05-11 | Sold | $91,800 |
| 1998-05-12 | Sold | $64,500 |
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