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  • $1,350,000

    2935 Thompson Mill Rd, Gainesville, GA 30506

    5beds
    6,070sqft
    Single Family Residence, Residential
    Built in 1988
    3.05 Acres Lot
    $1,350,200 Zestimate®
    $222/sqft
    $4,903 Estimated rent

    What's special

    Exquisite Lakefront Retreat with Investment Potential! Discover the charm & opportunity of this luxury lake house, a rare find in today's market. Nestled on a prime waterfront lot, this home offers breathtaking lake views, spacious interiors, and unmatched potential to become a premier lakeside escape. While some renovations are needed to restore it to its full grandeur, its solid foundation and high-end architectural details provide the perfect canvas for customization. At this unbeatable price, it presents a wise investment opportunity for those looking to own premium lakefront property at a fraction of the cost. A modern architectural masterpiece uniquely positioned atop its private aerie on 3.05 acres of unparalleled serenity. This iconic property perfectly marries modern sophistication with expansive south-west lake vistas. Step through the front door into an open-concept layout, where breathtaking water views grace every window. The living room unveils a striking marble fireplace & an abundance of windows designed to highlight deep water panoramas while bathing the interiors in natural light. At the heart of this captivating home is a stunning modern kitchen incorporating clean lines, sophisticated stone countertops, & stainless appliances. Friends will love to gather around the oversized island flanked by the fireplace, providing a welcoming space for daily living. The kitchen flows into the cozy keeping room for a more casual setting or to the breakfast room. Enjoy dining al fresco on the rear screened porch. Sparkling stone flooring unifies the spacious living room & adjoining dining room & kitchen, creating an inviting space for both relaxation and entertainment. Retreat to the main floor primary suite boasting privacy. This space includes separate vanities, a large jetted tub, walk-in shower, & water closet complete with bidet. Intricate ornate details & wood ceilings add warmth & comfort. Working from home becomes a pleasure in the expansive study with custom built-ins & stunning lake views, just steps away from the primary suite. Ascend the study’s spiral staircase to the top floor loft & be awestruck by the views & guest en-suite. A grand curved stairway leads to the expansive terrace level, an entertainer’s dream equipped with wet bar, living area, space for billiards, media room, & home gym. Three guest bedrooms with walk-in closets & two full baths provide additional privacy & boast lake views. The terrace level is complete with a safe room/wine cellar, a flex room that is ideal for a bunk room, & a secret room. A rear staircase off the kitchen offers less formal access to the terrace level. Each floor maximizes windows to face the lake for the perfect focus on an abundance of outdoor living space. Savor the private & scenic vistas from the wrap-around porch & deck or step outside the terrace doors to embrace the oasis. Extend your day around the limestone decking pool overlooking the lake. The paved cart path makes it a breeze to access your private deep-water single slip dock with party deck & 350’ of shoreline. Boating enthusiasts will appreciate the new boat lift. You will love the location – located in a highly regarded school system & just minutes from Historic Downtown Gainesville, exceptional restaurants, boutiques, & outstanding healthcare. With a little vision, this hidden gem will transform into a stunning retreat, offering both lake living and increased property value. Don’t miss this chance to craft your dream lakefront haven!

    Zillow last checked: 7 hours ago

    Listing updated: August 18, 2025 at 08:32am

    Listing Provided by:

    CELEINA HOUSTON,

    Bella Realty Group, Inc.

    Bought with:

    Iraida Salgado, 401158

    Century 21 Results

    Source: FMLS GA,MLS#: 7594552MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Features: Master on Main
    • Level: Master on Main
    Bedroom
    • Features: Master on Main
    Primary bathroom
    • Features: Bidet, Double Vanity, Separate His/Hers, Separate Tub/Shower
    Dining room
    • Features: Open Concept, Seats 12+
    Kitchen
    • Features: Breakfast Bar, Breakfast Room, Cabinets Other, Keeping Room, Kitchen Island, Pantry, Stone Counters, View to Family Room
    Heating
    • Heat Pump, Natural Gas, Zoned
    Cooling
    • Ceiling Fan(s), Electric, Heat Pump
    Appliances
    • Included: Dishwasher, Disposal, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Trash Compactor
    • Laundry: Laundry Room, Main Level
    Features
    • Bookcases, Cathedral Ceiling(s), Double Vanity, Entrance Foyer, High Ceilings, High Ceilings 10 ft Main, High Speed Internet, His and Hers Closets, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
    • Flooring: Carpet, Ceramic Tile, Hardwood, Luxury Vinyl
    • Windows: Double Pane Windows, Insulated Windows
    • Basement: Daylight,Exterior Entry,Finished,Full,Interior Entry,Walk-Out Access
    • Number of fireplaces: 3
    • Fireplace features: Basement, Double Sided, Living Room, Masonry, Other Room
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 6,070
    • Total interior livable area: 6,070 sqft
    • Finished area above ground: 3,334
    • Finished area below ground: 2,736

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Garage Door Opener, Garage Faces Side, Kitchen Level, Level Driveway
    • Attached garage spaces: 3
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Covered, Deck, Front Porch, Patio, Rear Porch, Screened
    • Exterior features: Garden, Lighting, Permeable Paving, Private Yard, Boat Lift, Covered Dock/1 Slip, Deepwater Access Dock, Dock, Dock Permit
    • Has private pool: Yes
    • Pool features: Gunite, In Ground, Private
    • Spa features: None
    • Fencing: Invisible
    • Has view: Yes
    • View description: Lake
    • Has water view: Yes
    • Water view: Lake
    • Waterfront features: Lake Front
    • Body of water: Lanier
    • Frontage length: Waterfrontage Length(350)
    Lot
    • Size: 3.05 Acres
    • Dimensions: 218x590x208x562
    • Features: Back Yard, Front Yard, Landscaped, Private, Sloped
    Details
    • Additional structures: None
    • Parcel number: 10126 000058
    • Other equipment: Irrigation Equipment
    • Horse amenities: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary,European,Modern
    • Property subtype: Single Family Residence, Residential
    Materials
    • Cedar, Stone, Stucco
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1988
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Electric: 110 Volts, 220 Volts, 220 Volts in Garage
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Underground Utilities
    Green energy
    • Energy efficient items: Appliances, HVAC, Thermostat
    • Energy generation: None

    Community & neighborhood

    Security
    • Security features: Security System Owned, Smoke Detector(s)
    Community
    • Community features: Boating, Fishing, Lake
    Location
    • Region: Gainesville
    • Subdivision: Lathim Properties

    HOA & financial

    HOA
    • Has HOA: No

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional
    • Road surface type: Paved
    Services availability
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    Estimated market value

    $1,350,200