Active

Price cut: $510K (1/13)

$2,990,000

5414 Price Rd, Gainesville, GA 30506

5beds

11,483sqft

Est.:

Single Family Residence

Built in 1981

50.32 Acres Lot

$-- Zestimate^®

$260/sqft

$-- HOA

What's special

One of the prettiest pieces of property on all of Lake Lanier! 50+ acres with incredible long range mountain views, and a double slip dock on Lake Lanier as well! A rare combination for sure! There are two homes on this property. The main home was built in the 90s and is over 5000 sq ft. Home has great bones but needs some major renovations. There is some mold damage in the basement. In ground pool may be a contributing factor. Guest house is over 3500 sq ft and features 3 bedrooms. This home could also use updating. There is much opportunity here. You could fix up the current homes, or tear them down to build your dream home/estate. There is a partial gravel path from the main home down to the double slip dock (best with 4WD). We have a conceptual floor plan rendering that could be built on the current foundation of the main home. Property is being sold as-is.

89 days

1,931

65

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 1

Rooms

Room types: Den, Foyer, Laundry

Dining room

Features: Seats 12+, Separate Room

Kitchen

Features: Kitchen Island

Heating

Central

Cooling

Central Air

Appliances

Included: Other
Laundry: Other

Features

Master On Main Level
Flooring: Carpet, Hardwood
Basement: Bath Finished,Daylight,Full
Number of fireplaces: 2
Fireplace features: Family Room, Master Bedroom
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 11,483
Total interior livable area: 11,483 sqft
Finished area above ground: 11,483
Finished area below ground: 0

Property

Parking

Total spaces: 3
Parking features: Garage
Has garage: Yes

Features

Levels: Three Or More
Stories: 3
Patio & porch: Deck
Exterior features: Dock
Fencing: Fenced
Has view: Yes
View description: Mountain(s)
Body of water: Lanier
Frontage type: Lakefront

Lot

Size: 50.32 Acres
Features: Pasture, Private

Details

Additional structures: Second Residence
Parcel number: 11131 000001B
Special conditions: As Is

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence

Materials

Synthetic Stucco
Roof: Composition

Condition

Fixer
New construction: No
Year built: 1981

Utilities & green energy

Electric: 220 Volts
Sewer: Septic Tank
Water: Well
Utilities for property: Underground Utilities, Water Available

Community & HOA

Community

Features: None
Subdivision: none

HOA

Has HOA: No
Services included: None

Location

Region: Gainesville

Financial & listing details

Price per square foot: $260/sqft
Tax assessed value: $2,396,200
Annual tax amount: $20,152
Date on market: 11/21/2025
Cumulative days on market: 89 days
Listing agreement: Exclusive Right To Sell

Estimated market value

Not available

Estimated sales range

Not available

$3,409/mo

Price history

Date	Event	Price
1/13/2026	Price change	$2,990,000-14.6%$260/sqft
Source: GAMLS #10648029 Report a problem
11/21/2025	Listed for sale	$3,500,000+0.1%$305/sqft
Source: FMLS GA #7684766 Report a problem
10/1/2025	Listing removed	$3,495,000$304/sqft
Source: FMLS GA #7544395 Report a problem
3/20/2025	Listed for sale	$3,495,000+0.1%$304/sqft
Source: FMLS GA #7544395 Report a problem
1/1/2025	Listing removed	$3,490,000$304/sqft
Source: FMLS GA #7401461 Report a problem
6/13/2024	Listed for sale	$3,490,000-6.9%$304/sqft
Source: FMLS GA #7401461 Report a problem
5/27/2024	Listing removed	--
Source: GAMLS #10243303 Report a problem
3/5/2024	Price change	$3,750,000-25%$327/sqft
Source: GAMLS #10243303 Report a problem
3/5/2024	Price change	$4,999,000+33.3%$435/sqft
Source: GAMLS #10228407 Report a problem
3/5/2024	Price change	$3,750,000-25%$327/sqft
Source: FMLS GA #7326688 Report a problem
3/5/2024	Price change	$4,999,000+12.3%$435/sqft
Source: FMLS GA #7307636 Report a problem
1/19/2024	Price change	$4,450,000-25.2%$388/sqft
Source: FMLS GA #7326688 Report a problem
11/29/2023	Price change	$5,950,000-0.8%$518/sqft
Source: GAMLS #10228407 Report a problem
11/24/2023	Listed for sale	$6,000,000+185.7%$523/sqft
Source: FMLS GA #7306897 Report a problem
10/31/2023	Sold	$2,100,000$183/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$20,152 +490.2%	$958,480 -17.8%
2023	$3,414 +4.5%	$1,166,000 +26.4%
2022	$3,266 -18.8%	$922,560 -1.5%
2021	$4,024 +12.1%	$936,360 +1.4%
2020	$3,588 +0.2%	$923,080 +1%
2019	$3,582 +15.3%	$914,080 +6.4%
2018	$3,107 -9%	$859,160 +0.5%
2017	$3,416 +20%	$854,960 +190.8%
2016	$2,846 +6.2%	$294,040
2015	$2,679	$294,040 +9.3%
2014	$2,679	$269,120