**Great Investment Potential!**Don't miss out on this incredible investment opportunity featuring 4.03 acres with access to public sewer & water, an existing home with rental potential, & possible room to expand -perfect for anyone looking to build wealth in real estate! This property features a rustic cottage-style home with 2 bedrooms and 1 bathroom. With a little TLC this home could make an excellent rental property. Step outside to discover a gently sloping yard that boasts mature hardwoods, an idyllic backdrop for relaxation or outdoor entertaining, enhancing your property's appeal. The property drops off more steeply toward the northern boundary, where it meanders along Ada Creek. The house is currently on septic and city water, with access to sewer, further simplifying any future enhancements. This property offers the possibility of future rental income for the savvy investor. Don't miss out on this unique opportunity. Schedule your showing today and envision the possibilities this property holds! The survey indicates the subject property being conveyed as "Tract 2", consisting of 4.03 acres, part of parcel 10098 000008. Zoned AR-1. Estate owned, as-is, age of home unknown. Joins new 4-lane Sardis Road Connector. See photos for survey & maps.
Closed
Zestimate®
$219,500
3746 Ledan Rd, Gainesville, GA 30506
2beds
792sqft
Single Family Residence
Built in 1970
4.03 Acres Lot
$219,500 Zestimate®
$277/sqft
$1,402 Estimated rent
Home value
$219,500
$209,000 - $230,000
$1,402/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: February 05, 2026 at 02:23pm
Listed by:
Mitch Lathem 678-617-8592,
Foxfire Realty
Bought with:
Brandon Bell, 420110
Willow Bend Properties
Source: GAMLS,MLS#: 10626007
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Oven/Range (Combo), Refrigerator
- Laundry: Other
Features
- Other
- Flooring: Carpet, Laminate
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 792
- Total interior livable area: 792 sqft
- Finished area above ground: 792
- Finished area below ground: 0
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
- Waterfront features: Creek, Stream
- Body of water: Ada Creek
Lot
- Size: 4.03 Acres
- Features: Sloped
- Residential vegetation: Partially Wooded
Details
- Parcel number: 10098 000008
- Special conditions: As Is,Estate Owned,No Disclosure
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Country/Rustic
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Metal
Condition
- Fixer
- New construction: No
- Year built: 1970
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, High Speed Internet, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: None
Location
- Region: Gainesville
- Subdivision: None
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 2/5/2026 | Sold | $219,500-6.6%$277/sqft |
Source:  GAMLS #10626007 Report a problem | ||
| 12/22/2025 | Pending sale | $235,000$297/sqft |
Source: GAMLS #10626007 Report a problem | ||
| 12/12/2025 | Listed for sale | $235,000$297/sqft |
Source: GAMLS #10626007 Report a problem | ||
| 12/4/2025 | Pending sale | $235,000$297/sqft |
Source: GAMLS #10626007 Report a problem | ||
| 10/16/2025 | Listed for sale | $235,000$297/sqft |
Source: GAMLS #10626007 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,169 -2.2% | $201,840 +18.8% |
| 2023 | $1,195 +19.8% | $169,880 +14.4% |
| 2022 | $998 -1.3% | $148,520 +10.7% |
Find assessor info on the county website
Neighborhood: Lake District
Nearby schools
GreatSchools rating
- 4/10Lanier Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 5/10Chestatee Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Chestatee High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Lanier
- Middle: Chestatee
- High: Chestatee
Source: GAMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$219,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$219,500