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7726 Sourwood Ln, Murrayville, GA, 30564

2beds
1baths
1,026sqft
$699,000
$681price/sqft
$5,566/moest. monthly cost
$222,640/yrincome needed

About This Home

Discover a generational opportunity at 7726 Sourwood Ln in Murrayville, GA - the perfect Lake Lanier waterfront property for those seeking a charming lake cottage or a premier building lot with breathtaking open water lake views. This fabulous .77-acre lot is beautiful, with a wide expanse of level grass sloping gently all the way to the water's edge, framed by mature hardwoods, and offering direct access to your own private, deep-water lakefront setting. The property includes a top-tier Wahoo aluminum single-slip private dock permitted for 32L x 24W, complete with a party deck, two jet ski ports, and a 5000 lb. boat lift - creating the ultimate setup for lake living and entertaining. Whether you choose to enjoy the existing two-bedroom, one full bath home filled with warmth and featuring an oversized entertaining deck or build a custom estate, you will appreciate the rare, open water views, beautiful property, coveted mowing permit, private neighborhood boat ramp, and exceptional usability of this lakefront property. The location offers an ideal balance of peaceful getaway and convenience, with easy access to both GA-400 and I-985, Gainesville shopping and dining, Home Depot and numerous major retail and grocery stores, as well as Dahlonega and North Georgia wineries. This charming home can be sold furnished turnkey, providing a front-row seat for 4th of July fireworks viewing on your double-deck dock and serving as the perfect foundation for your dream lake life!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
12
BikeSomewhat Bikeable

Schools

6/10
Lanier Elementary SchoolGrades PK-54.6 mi
6/10
Chestatee Middle SchoolGrades 6-86.1 mi
5/10
Chestatee High SchoolGrades 9-126.1 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1967

Materials

  • Foundation: Block
  • Roof: Composition
  • Construction materials: Block,Concrete

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Microwave,Oven/Range (Combo),Refrigerator,Stainless Steel Appliance(s)
  • Laundry features: Other

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Tile Bath
  • Window features: Double Pane Windows
  • Flooring: Tile
  • Number of fireplaces: 1
  • Fireplace features: Family Room,Masonry
  • Fireplace: Yes
  • Finished area below ground: 0
  • Finished area above ground: 1,026

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,026
  • Total interior livable area: 1,026 sqft

Kitchen

  • Features: Solid Surface Counters

Property

Details

  • Parcel number: 11155 000028

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Deck,Porch
  • Exterior features: Dock
  • Has view: Yes
  • View description: Lake
  • Has water view: Yes
  • Water view: Lake
  • On waterfront: Yes
  • Waterfront features: Dock Rights,Floating Dock,Lake,Lake Privileges
  • Waterbody name: Lanier
  • Frontage length: Waterfront Footage: 105

Lot

  • Lot size: 0.77 Acres
  • Features: Level,Other

Parking

  • Total spaces: 2
  • 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
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Hail
Inland Flooding
Ice Storm
Strong Wind

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 $3,534$42,408
Home Insurance *$405$4,860
Property Taxes $1,408$16,896
Electricity $219$2,637
Total$5,566$66,792
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$190,834/yr
40% on housing$166,980/yr
45% on housing$148,426/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

$681This listing

vs Other Active Listings

Avg $/sqft

ZIP 30564$175
Hall County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 30564$202
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)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$699,000
2026-07-20Price change$699,000
2026-06-04Listed for sale$750,000
1999-02-22Sold$162,000
1995-09-05Sold$100,000

For Sale by Agent

AgentSheila K Davis
BrokerageSheila Davis Group

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