Income producing potential! This one's got not one, but TWO viable apartments, both with full kitchens in the terrace level. AND it has two huge outbuildings for an even greater income potential! Now offered at $1.49M and situated on 2 private acres with no HOA, this expansive estate is a dream for those who desire extraordinary square footage, unmatched storage and garage capacity, and luxury outdoor living. ** 9 bedrooms, 6.5 baths ** 24x48 and 18x50 outbuildings, perfect for an RV, lake toys, or car collectors - 10,000lb commercial lifts negotiable ** Resort-style pool, complete with heating and chilling systems ** Terrace level features 3 bedrooms, 2 baths and 2 kitchens + laundry, perfect for multi-generational living or additional income ** Double capacity laundry room on main ** Across the street from Platt Park for your pickleball convenience ** Close proximity to multiple Lake Lanier marinas ** 4728 E Reed Road presents a rare opportunity to own a property that has it all. Don't miss your chance!
Active
Price cut: $210K (9/2)
$1,490,000
4728 E Reed Rd, Gainesville, GA 30507
9beds
9,752sqft
Single Family Residence
Built in 2005
2.02 Acres Lot
$-- Zestimate®
$153/sqft
$-- HOA
What's special
Two huge outbuildingsLuxury outdoor living
- 80 days
- 498
- 18
Zillow last checked:
Listing updated:
Listed by:
Amanda Greaver 404-966-9804,
Amanda Greaver and Associates
Source: GAMLS,MLS#: 10792491
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 7
- Full bathrooms: 6
- 1/2 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Game Room, Keeping Room, Laundry, Office
Dining room
- Features: Seats 12+
Kitchen
- Features: Breakfast Room, Kitchen Island, Walk-in Pantry
Heating
- Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Microwave
- Laundry: Other
Features
- Master On Main Level, Walk-In Closet(s)
- Flooring: Carpet, Hardwood, Tile
- Basement: Daylight,Finished,Full
- Number of fireplaces: 1
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 9,752
- Total interior livable area: 9,752 sqft
- Finished area above ground: 6,219
- Finished area below ground: 3,533
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Garage, Garage Door Opener, Side/Rear Entrance
- Has garage: Yes
Features
- Levels: Two
- Stories: 2
- Has private pool: Yes
- Pool features: Heated, In Ground
- Waterfront features: No Dock Or Boathouse
- Body of water: None
Lot
- Size: 2.02 Acres
- Features: Private
Details
- Additional structures: Garage(s), Outbuilding, Workshop
- Parcel number: 15037 000158
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2005
Utilities & green energy
- Electric: 220 Volts
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Water Available
Community & HOA
Community
- Features: Park, Playground
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
- Services included: None
Location
- Region: Gainesville
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $25,100
- Annual tax amount: $8,908
- Date on market: 6/23/2026
- Cumulative days on market: 80 days
- Listing agreement: Exclusive Right To Sell
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/2/2026 | Price change | $1,490,000-12.4%$153/sqft |
Source:  GAMLS #10792491 Report a problem | ||
| 6/24/2026 | Listed for sale | $1,700,000+9397.2%$174/sqft |
Source:  FMLS GA #7793101 Report a problem | ||
| 10/1/1992 | Sold | $17,900$2/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2016 | $287 -0.8% | $10,040 |
| 2015 | $289 | $10,040 |
| 2014 | $289 | $10,040 |
| 2013 | -- | -- |
| 2012 | -- | -- |
| 2011 | -- | -- |
| 2010 | -- | -- |
| 2009 | $258 +7.8% | -- |
| 2007 | $239 -7% | -- |
| 2006 | $257 +3.6% | -- |
| 2005 | $248 +4.9% | -- |
| 2004 | $237 +3.1% | -- |
| 2003 | $230 +2.2% | -- |
| 2002 | $225 +1.8% | -- |
| 2001 | $221 +3.2% | -- |
| 2000 | $214 | $8,908 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 30507
Nearby schools
Schools provided by the listing agent
- Elementary: Chestnut Mountain
- Middle: South Hall
- High: Johnson
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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