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951 E Lake Dr, Gainesville, GA, 30506

4beds
4baths
4,386sqft
$2,250,000
$513price/sqft
$14,165/moest. monthly cost
$566,600/yrincome needed

About This Home

Discover your perfect lakeside retreat at 951 East Lake Drive—a charming lake house designed by well loved, local architect Jack Bailey, every detail was meticulously planned. Perfectly placed right outside the city limits, this layout offers an effortless flow, making it perfect for entertaining family and friends. Nearly every room offers a view of the lake! The primary suite on the main floor boasts a spacious layout with tall ceilings, a fireplace and a cozy screened porch overlooking the private backyard with beautiful views of the lake. You will also find a large formal dining room, a spacious living room with lots of natural light and a warm den with fireplace adjacent to the modern kitchen and an expansive deck, perfect for hosting neighborhood gatherings. The lower level offers three bedrooms, 2 bathrooms, a secondary family room with a fireplace that leads to one of the decks for easy entertaining and convenient lake/dock access. An unfinished space on the lower level provides flexible options ideal for a home office, gym, studio, or an additional bedroom/bath. A true retreat, blending comfort, style, and the serenity of lakefront living! Call Beverly or Margie to schedule a private showing.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
Sardis Elementary SchoolGrades PK-51.2 mi
6/10
Chestatee Middle SchoolGrades 6-81.4 mi
5/10
Chestatee High SchoolGrades 9-121.0 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1986

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: HardiPlank Type

Type & Style

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

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Gas Cooktop,Microwave,Refrigerator
  • Laundry features: Laundry Room,Main Level,Sink

Basement

  • Has basement: Yes
  • Basement: Daylight,Exterior Entry,Finished,Full,Interior Entry,Unfinished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Bookcases,Crown Molding,Double Vanity,Entrance Foyer,Recessed Lighting,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: None
  • Flooring: Carpet,Ceramic Tile,Hardwood
  • Number of fireplaces: 4
  • Fireplace features: Basement,Keeping Room,Living Room,Master Bedroom
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total structure area: 4,386
  • Total interior livable area: 4,386 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 10107 000001B
  • Other equipment: None
  • Horse amenities: None

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Covered,Deck,Rear Porch
  • Exterior features: Private Yard,Rain Gutters,Rear Stairs,Dock,Covered Dock/1 Slip,Dock Permit
  • Spa features: None
  • Fencing: Wood
  • Has view: Yes
  • View description: Lake,Trees/Woods
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Lake Front,Lake
  • Waterbody name: Lanier
  • Frontage length: Waterfrontage Length(418)

Lot

  • Lot size: 2.03 Acres
  • Features: Back Yard,Front Yard,Landscaped,Private,Wooded
  • Lot size dimensions: 417 x 417

Parking

  • Total spaces: 2
  • Parking features: Attached,Driveway,Garage,Kitchen Level
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 $11,377$136,524
Home Insurance *$994$11,928
Property Taxes $1,368$16,416
Electricity $426$5,113
Total$14,165$169,980
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$485,657/yr
40% on housing$424,950/yr
45% on housing$377,733/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

$513This listing

vs Other Active Listings

Avg $/sqft

ZIP 30506$220
Hall County$192

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
2026-03-23Price change$2,250,000
2025-09-11Listed for sale$2,350,000

For Sale by Agent

AgentBeverly Filson
BrokerageCandler Real Estate Group, LLC

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