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3551 Monroe Cir, Gainesville, GA, 30506

2beds
2baths
720sqft
$649,000
$901price/sqft
$5,097/moest. monthly cost
$203,880/yrincome needed

About This Home

Sitting on a deep-water cove with water views, this fully renovated two-bedroom retreat offers Lake Lanier waterfront living at its finest. Just steps away, a private dock with a sundeck invites you to sunbathe, swim, or gear up for a day on the lake. Enjoy outdoor living on the spacious deck and screened porch, where peaceful open-water views create the perfect backdrop for relaxing or entertaining. There is a gentle grass yard and easy access to your dock. With no HOA, this low-maintenance property is an excellent choice for both personal enjoyment and investment. Short and long-term rentals are welcome, making this furnished home a turnkey vacation rental or weekend getaway. Located just minutes from downtown Gainesville and only 40 minutes from downtown Atlanta, this charming gem checks every box for location, lake access, and investment potential. Duckett Mill Campground and boat launch are right around the corner, and the property sits on a 1/3-acre lot in a neighborhood of million-dollar homes - perfect for building your dream lake house. Ready for immediate use - start enjoying lake life today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

6/10
Sardis Elementary SchoolGrades PK-52.9 mi
6/10
Chestatee Middle SchoolGrades 6-82.9 mi
5/10
Chestatee High SchoolGrades 9-123.3 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1975

Materials

  • Foundation: Slab
  • Roof: Metal
  • Construction materials: Other

Type & Style

  • Home type: MobileManufactured
  • Architectural style: Other
  • Property subType: Single Family Residence,Manufactured Home

Interior

Appliances

  • Appliances included: Other
  • Laundry features: Other

Basement

  • Basement: None

Bedrooms & Bathrooms

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

Features

  • Master On Main Level,Other
  • Flooring: Other
  • Finished area below ground: 0
  • Finished area above ground: 720
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Other
  • Cooling features: Electric

Interior Area

  • Total structure area: 720
  • Total interior livable area: 720 sqft

Property

Details

  • Parcel number: 10044 000065

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Porch,Screened
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Deep Water Access,Dock Rights,Lake,Lake Privileges
  • Waterbody name: Lanier
  • Frontage type: Lakefront
  • Frontage length: Waterfront Footage: 100
  • Residential vegetation: Partially Wooded

Lot

  • Lot size: 0.33 Acres
  • Features: Private

Parking

  • Parking features: None

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 $3,281$39,372
Home Insurance *$286$3,432
Property Taxes $1,311$15,732
Electricity $219$2,637
Total$5,097$61,164
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$174,754/yr
40% on housing$152,910/yr
45% on housing$135,920/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

$901This listing

vs Other Active Listings

Avg $/sqft

ZIP 30506$222
Hall County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 30506$198
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
2025-12-11Price change$649,000
2025-09-29Listed for sale$650,000
2025-08-25Listing removed$649,000
2025-05-17Price change$649,000
2025-01-10Listed for sale$650,000
2023-05-01Sold$360,000
2023-04-17Pending sale$398,000
2023-03-02Listed for sale$398,000
2023-02-27Contingent$398,000
2023-01-20Listed for sale$398,000

For Sale by Agent

AgentDarlene M Plavcan
BrokerageKeller Williams Lanier Partners

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