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1705 Redbud Way
About This Property
Discover the rare opportunity to own a lakefront home in the sought-after swim and tennis community of Gran Forest-where privacy, tranquility, and natural beauty come together. One of only a select number of homes with lake frontage, this beautifully situated property offers a peaceful wooded setting and a true sense of serenity.
This spacious 4-bedroom, 2.5-bath home welcomes you with beautiful hardwood floors, plantation shutters and blinds, and a bright, open floor plan designed for comfortable everyday living and entertaining. The inviting eat-in kitchen features granite countertops and flows effortlessly into the living spaces, while the spacious family room provides a warm and relaxing gathering place centered around a cozy stacked-stone fireplace.
The primary suite is a peaceful retreat overlooking the private, wooded backyard and features a spacious bath with a garden tub and walk-in shower with dual shower heads. The backyard is where this home truly shines-step outside and enjoy the soothing sounds of a custom waterfall and rock steps leading toward the lake. The expansive, wooded setting provides exceptional privacy and is large enough to accommodate a pool.
Imagine beginning your mornings with peaceful lake views, spending afternoons watching deer, ducks and geese, and ending the day surrounded by the sounds of nature. The private lake is shared by only 10 homeowners, creating an intimate and secluded atmosphere. The lake is maintained by the homeowners, with recent standpipe and dam repairs and an established ecosystem stocked with carp, bream, catfish, bass, crayfish and minnows.
Located conveniently near shopping, Northside Hospital, Lake Lanier and the Chattahoochee River, with easy access to GA-400 and the North Georgia Mountains, this is more than a home-it is a tranquil escape from the everyday.
Come experience the privacy, beauty and serenity of this exceptional Gran Forest lakefront property.
ADDED PEACE OF MIND: Recent exterior repairs have been completed, including siding and corner board replacement, fascia and trim repairs, flashing improvements, new seamless gutters in the designated areas, and fresh paint on newly installed materials. Enjoy the beauty of this special lakefront setting with these completed improvements already taken care of.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$549,500
↓ $13K
(2.3%) | |
| Price Decreased | |||
| Sep 3, 2026 | Relisted | $562,500 | |
| Relisted | |||
| Aug 30, 2026 | In contract | - | |
| In contract | |||
| Aug 24, 2026 | Listed by Broker Builders, LLC | $562,500 | |
| Listed by Broker Builders, LLC | |||
| Apr 25, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017